Market Summary - Week Ending July 3, 2003

Feeder Prices - Medium and Large 1-2, 7/3/03, San Angelo, no test, Midwest: 40-50 lbs for 116 $/cwt., 50-70 lbs for 85-106 $/cwt.

Slaughter Prices - Negotiated, 7/3/03, Live, wooled and shorn, 93.50-110 $/cwt. for 120-160 lbs, dressed, part load 188 $/cwt. for 70 lbs

Slaughter Prices - Formula, 6/30/03, 10,384 head (1) at 180.24-207.82 $/cwt. for 70.50 ave. lbs, 4,806 head at 186-209.47 $/cwt. for 60.50 ave. lbs

Carcass Price - Choice and Prime, YG 1-4, 7/3/03, (Volume not reported because didn?t meet the 3/70/20 guideline.), 55-65 lbs for 192-201 $/cwt., 65-75 lbs for 192-194 $/cwt., 75-85 lbs for 192-201 $/cwt.

Boxed Lamb - Weighted average prices ($/cwt.), 7/3/03, Trimmed 4" Loins 477.82, Hotel rack (2) 640.09, Leg (trotter off) 205.22, Ground lamb 275.04

Wool - 7/3/03, Price ($/lb), Clean, Delivered, Grade 70s (19.15-20.59 um) 2.40-2.60, 64s (20.60-22.04 um) 2.20-2.50, 62s (22.05-23.49 um) 2.10-2.40, 60s (23.50-24.94 um), 2.00-2.30, 58s (24.95-26.39 um) 1.50-2.00,

(1) Prices reported for the two weight categories of the largest volume traded, (2) Average of light, medium and heavy 8-Rib Rack.

(Source: USDA/Agricultural Marketing Service)



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