ASI Market Report

Market Summary, Week ending October 23, 2020

Commercial Feeder Prices, ($/cwt.), Medium and Large 1 2, St. Onge-Newell, SD: $151.00-$230.00 per cwt. for 44-114 lbs. (10/22); Billings, MT: $176.85-$193.59 per cwt. for 66-93 lbs. (10/19)

Slaughter Prices – Live, negotiated, 124-156 lbs. for $140-$181 per cwt.

Slaughter Prices – Formula, Not reported due to confidentiality.

Slaughter Prices Comprehensive Information–-Formula & Negotiated, Not reported due to confidentiality.

Equity Electronic Auction, wooled and shorn 145 lbs. for $173 per cwt.

Lighter Weight Slaughter Lamb Prices, 60-90 lbs., San Angelo, TX: $200-$260 per cwt.; New Holland, PA: $270-$300.

Federally-inspected slaughter (Week ending 10/10/20): 34,749 head

Cutout Value/Net Carcass Value (1), $387.02 per cwt.

Carcass Price, Choice and Prime, YG 1-4, Not reported due to confidentiality.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed Loins 4×4 691.13, Rack, roast-ready, frenched (cap-on) 1,581.04, Rack, roast-ready, frenched, special (cap-off) 1,986.87, Leg, trotter-off, partial boneless 543.41, Shoulder, square-cut 360.26, Ground lamb 591.91.

Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) 863.79, AUS Shoulder (fresh, square-cut) 340.48, AUS Leg (fresh, boneless) 425.48, AUS Rack (frozen, frenched, cap-off, 28 oz/up) 619.60, NZ Rack (frozen, frenched, cap-off, 20 oz/up) 745.46, AUS Shoulder (frozen, square-cut) 264.93.

Exported Slaughter Ewes, 0 head

Wool, ($/pound clean), delivered FOB, 18 micron (Grade 80s) NA, 19 micron (Grade 80s) NA, 20 micron (Grade 70s) 3.40, 21 micron (Grade 64-70s) NA, 22 micron (Grade 64s) 2.80, 23 micron (Grade 62s) 2.66, 24 micron (Grade 60-62s) 2.45, 25 micron (Grade 58s) NA, 26 micron (Grade 56-58s) 2.20, 27 Micron (Grade 54-56s) NA, 28 micron (Grade 54s) 1.55, 30-32 micron (Grade 50s, Grade 46-48s) NA, Merino Clippings NA.

Australian Wool, ($/pound clean), delivered FOB, 18 micron (Grade 80s) 4.01-4.55, 19 micron (Grade 80s) 3.50-3.96, 20 micron (Grade 70s) 3.21-3.64, 21 micron (Grade 64-70s) 3.06-3.47, 22 micron (Grade 64s) 3.00-3.40, 23 micron (Grade 62s) NA, 24 micron (Grade 60-62s) NA, 25 micron (Grade 58s) NA, 26 micron (Grade 56-58s) 2.24-2.54, 28 micron (Grade 54s) 1.72-1.95, 30 micron (Grade 50s) 1.40-1.58, 32 micron (Grade 46-48s) 0.91-1.03, Merino Clippings 2.07-2.35.

(1) The 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.

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