Market Summary, Week ending May 18, 2012
Feeder Prices, San Angelo, 40-110 lbs. for 160-171 $/cwt. few $176/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 110-160 lbs. for 140-162 $/cwt. (wtd. ave. 155.99).
Slaughter Prices - Formula1, 3,080 head at 281.75-323.73 $/cwt. for 81.50 ave. lbs.; 5,305 head at 265.32-315.17 $/cwt. for 102.60 ave. lbs.
Equity Electronic Auction, no sales.
Cutout value/Net carcass value2, $325.58/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 600 head at 55-65 lbs. for $361.39/cwt., 807 head at 65-75 lbs. for $335.30/cwt., 1,457 head at 75-85 lbs. for $320.68/cwt., 1,716 head at 85 lbs. and up for $291.25/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins $523.41, Rack, roast-ready, frenched $1,361.81, Leg, trotter-off, partial boneless $557.35, Ground lamb $598.98, Shoulder, square-cut $254.17.
Imported Boxed Lamb, weighted average prices ($/cwt), AUS Rack (fresh, frenched, cap-off, 20-24 oz to 24-28 oz) $1,045.21, AUS Rack (frozen, frenched, cap-off, 20 oz/dn to 28 oz/up) $1,047.10, NZ Rack (frozen, frenched, cap-off, 12 oz/dn & 12-16 oz) $1,286.60, AUS Shoulder (fresh, square-cut) NA, AUS Leg (semi boneless, fresh) NA.
Exported Adult Sheep, 0.
Wool, Price ($/pound) *Denotes a new price. Clean, Delivered, 18 micron (Grade 80s) 7.40, 19 micron (Grade 80s) 5.52-5.70, 20 micron (Grade 70s) 4.63*, 21 micron (Grade 64-70s) 4.87-5.03, 22 micron (Grade 64s) 4.61-4.81, 23 micron (Grade 62s) 4.38-4.58, 24 micron (Grade 60-62s) 4.07-4.14, 25 micron (Grade 58s) 3.67-3.81, 26 micron (Grade 56-58s) 3.29-3.38, 27 micron (Grade 56s) 2.75-2.78, 28 micron (Grade 54s) 2.54, 29 micron (Grade 50-54s) NA, 30-34 micron (Grade 44-50s) NA.
Australian Wool, Clean, delivered FOB warehouse & gross producers ($/pound), 18 micron (Grade 80s) 4.76-5.39, 19 micron (Grade 80s) 4.64-5.26, 20 micron (Grade 70s) 4.53-5.13, 21 micron (Grade 64-70s) 4.48-5.08, 22 micron (Grade 64s) 4.37-4.95, 23 micron (Grade 62s) 4.26-4.82, 24 micron (Grade 60-62s) 3.94-4.47, 25 micron (Grade 58s) NA, 26 micron (Grade 56-58s) 3.15-3.58, 28 micron (Grade 54s) 2.28-2.58, 30 micron (Grade 50s) 2.05-2.32, 32 micron (Grade 46-48s) 1.74-1.98, Merino Clippings 2.32-2.63.
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)