Market Summary, Week ending May 17, 2013
Feeder Prices, San Angelo: new crop 60-70 lbs. for 110-116 $/cwt., 70-90 lbs. for 100-110 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 127-166 lbs. for 100-137 $/cwt. (wtd. ave. 116.78); 172-192 lbs. for 112-117 $/cwt. (wtd. ave. 115.07)
Slaughter Prices - Formula1, 3,135 head at 203.73-254.16 $/cwt. for 79.60 ave. lbs.; 3,221 head at 187.96-216.86 $/cwt. for 106.90 ave. lbs.
Equity Electronic Auction, no sales.
Cutout Value/Net Carcass Value2, $251.15/cwt.
Carcass Price, Choice and Prime, YG 1-4, $/cwt., weighted averages, 657 head at 55-65 lbs. for 289.74, 1,277 head at 65-75 lbs. for 257.67, 1,674 head at 75-85 lbs. for 238.61, 1,926 head at 85 lbs. and up for 215.26.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 430.93, Rack, roast-ready, frenched 1,048.35, Leg, trotter-off, partial boneless 458.68, Ground lamb 561.68, Shoulder, square-cut 231.85.
Imported Boxed Lamb, weighted average prices ($/cwt), AUS Rack (fresh, frenched, cap-off, 20-24 oz to 28 oz/up) 897.53, AUS Shoulder (fresh, square-cut) 211.73, AUS Rack (frozen, frenched, cap-off, 20-24 oz to 24-28 oz) 893.97, NZ Rack (frozen, frenched, cap-off, 12-16 oz) 892.84, AUS Shoulder (frozen, square-cut) 188.82.
Exported Adult Sheep, 0
Wool, Price ($/pound) From 2 weeks ago: Clean, Delivered, 18 micron (Grade 80s) 5.47, 19 micron (Grade 80s) NA, 20 micron (Grade 70s) 4.49, 21 micron (Grade 64-70s) 3.97-4.07, 22 micron (Grade 64s) 3.89, 23 micron (Grade 62s) 3.86-4.08, 24 micron (Grade 60-62s) 3.32, 25 micron (Grade 58s) 3.05, 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) NA.
Australian Wool, Clean, delivered FOB warehouse & gross producers ($/pound) 18 micron (Grade 80s) 4.24-4.81, 19 micron (Grade 80s) 4.13-4.68, 20 micron (Grade 70s) 3.95-4.48, 21 micron (Grade 64-70s) 3.92-4.45, 22 micron (Grade 64s) 3.91-4.43, 23 micron (Grade 62s) 3.87-4.38, 24 micron (Grade 60-62s) 3.53-4.00, 25 micron (Grade 58s) 3.05-3.45, 26 micron (Grade 56-58s) 2.82-3.19, 28 micron (Grade 54s) 2.08-2.36, 30 micron (Grade 50s) 1.95-2.21, 32 micron (Grade 46-48s) 1.68-1.90, Merino Clippings 2.59-2.94.
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)