July 27, 2007
Reminder: The updated Market Summary can be accessed each Monday at
www.sheepusa.org. Feeder Prices, San Angelo, 40-60 lbs. for 100-105 $/cwt., 60-100 lbs. for 95-100 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 125-165 lbs. for 93.86-110.75 $/cwt.; dressed, no sales reported.
Slaughter Prices - Formula, 10,681 head
(1) at 183.80-220.40 $/cwt. for 70 ave. lbs., 3,917 head at 190.38-216.56 $/cwt. for 79 ave. lbs.
Equity Electronic Auction, shorn and wooled 125 lbs. for $103.50/cwt.; wooled 140 lbs. for $105/cwt.
Cutout Value/Net Carcass Value(2), $222.09/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 3,460 head at 55-65 lbs. for $224.91/cwt., 3,591 head at 65-75 lbs. for $219.69/cwt., 2,034 head at 75-85 lbs. for $215.51/cwt., 906 head at 85 lbs. and up for $194.88/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 515.26, Hotel rack
(3) 588.16, Leg (trotter off) 243.32, Ground lamb 297.67.
Wool, Price ($/lb.) Clean, Delivered, 18 micron (Grade 80's) no prices reported, 19 micron (Grade 80's) 3.38, 20 micron (Grade 70's) 3.33, 21 micron (Grade 64-70's) 2.93-3.24, 22 micron (Grade 64's) 2.85, 23 micron (Grade 62's) 2.75-2.89, 24 micron (Grade 60-62's) 2.38, 25 micron (Grade 58's) 2.20, 26 micron (Grade 56-58's) no prices reported, 27 micron (Grade 56) no prices reported.
(1)Prices reported for the two weight categories of the largest volume traded.
(2)The cutout value is the same as a net carcass value. It is a composite value that sums the value of the respective lamb cuts multiplied by their weights. It is also the gross carcass value less processing and packaging costs.
(3)Average of light, medium and heavy 8-Rib Rack.
(Source: USDA/Agricultural Marketing Service)
<< Back