ASI Weekly Summary
Market Summary, Week ending February 3, 2012
The updated Market Summary can be accessed each Monday at www.sheepusa.org/Weekly_Market_Summary or by calling 303-771-3500, ext. 37.
Feeder Prices, San Angelo, 60-85 lbs. for 198-210 $/cwt.; 100-130 lbs. for 172-176 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 120-160 lbs. for 149.93-171.10 $/cwt. (wtd. ave. 154.86); dressed, no sales reported.
Slaughter Prices - Formula1, 3,092 head at 318.81-352.98 $/cwt. for 79.90 ave. lbs.; 5,341 head at 311.19-346.89 $/cwt. for 92.90 ave. lbs.
Equity Electronic Auction, no sales.
Cutout value/Net carcass value2, $351.99/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 727 head at 55-65 lbs. for $364.24/cwt., 1,465 head at 65-75 lbs. for $347.02/cwt., 2,377 head at 75-85 lbs. for $340.44/cwt., 2,581 head at 85 lbs. and up for $324.21/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins $539.60, Rack, roast-ready, frenched $1,417.77, Leg, trotter-off, partial boneless $592.09, Ground lamb $584.44, Shoulder, square-cut $283.46.
Imported Boxed Lamb, weighted average prices ($/cwt), AUS Rack (fresh, frenched, cap-off, 20-24 oz to 28 oz/up) $1,088.17, AUS Rack (frozen, frenched, cap-off, 20-24 oz to 28 oz/up) $1,024.64, NZ Rack (frozen, frenched, cap-off, 12-16 oz) NA, AUS Shoulder (fresh, square-cut) NA, AUS Leg (semi boneless, fresh) NA.
Exported Adult Sheep, 0.
Wool, Price ($/pound) Clean, Delivered, Prices from 6 weeks ago: 18 micron (Grade 80s) NA, 19 micron (Grade 80s) NA, 20 micron (Grade 70s) NA, 21 micron (Grade 64-70s) NA, 22 micron (Grade 64s) NA, 23 micron (Grade 62s) NA, 24 micron (Grade 60-62s) NA, 25 micron (Grade 58s) NA, 26 micron (Grade 56-58s) NA, 27 micron (Grade 56s) NA, 28 micron (Grade 54s) NA, 29 micron (Grade 50-54s) NA, 30-34 micron (Grade 44-50s) 1.93.
Australian Wool, Clean, delivered FOB warehouse & gross producers ($/pound), 18 micron (Grade 80s) 5.61-6.36, 19 micron (Grade 80s) 5.27-5.97, 20 micron (Grade 70s) 4.98-5.65, 21 micron (Grade 64-70s) 4.85-5.49, 22 micron (Grade 64s) 4.80-5.44, 23 micron (Grade 62s) 4.78-5.41, 24 micron (Grade 60-62s) 4.19-4.75, 25 micron (Grade 58s) 3.41-3.86, 26 micron (Grade 56-58s) 2.93-3.32, 28 micron (Grade 54s) 2.29-2.60, 30 micron (Grade 50s) 2.03-2.30, 32 micron (Grade 46-48s) 1.87-2.11, Merino Clippings 2.68-3.04.
1Prices reported for the two weight categories of the largest volume traded. Second, multiplying the carcass prices by an estimated 50.4% dressing percentage yields live weight prices. 2The 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.
(Source: USDA/Agricultural Marketing Service)