Market Summary - Week Ending January 2, 2004

Feeder Prices, Medium and Large 1-2, San Angelo, no sale, Midwest, 60-80 lbs. for 100-110 $/cwt., 80-100 lbs. 90-100 $/cwt. Slaughter Prices - Negotiated, Live, wooled and shorn 85.50-100.80 $/cwt. for 120-170 lbs., mostly 86-90.25 $/cwt., dressed, no sales reported. Slaughter Prices - Formula, 3,503 head (1) at 168.90-184 $/cwt. for 71.4 ave. lbs., 9,248 head at 164.40-181 $/cwt. for 78.5 ave. lbs. Carcass Price, Choice and Prime, YG 1-4, 308 head at 45-65 lbs. for 178-192 $/cwt., 1,153 head at 60-75 lbs. for 178-187 $/cwt., 686 head at 75-85 lbs. for 177-187 $/cwt. Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 392.40, Hotel rack (2) 437.36, Leg (trotter off) 240.30, Ground lamb 282.84. Wool, Price ($/lb.), Clean, Delivered, Grade 70s (19.15-20.59 um) 2.40-2.50, 64s (20.60-22.04 um) 2.25-2.40, 62s (22.05-23.49 um) 2.00-2.25, 60s (23.50-24.94 um) 1.80-2.10, 58s (24.95-26.39 um) 1.60-1.80. (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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