ASI Market Report

Market Summary, Week ending Sept. 11, 2020

Commercial Feeder Prices, ($/cwt.), Medium and Large 1 2, St. Onge-Newell, SD: $128.52-$174.00 per cwt. for 34-122 lbs. (9/3); Billings, MT: $136.11-$199.00 per cwt. for 48-113 lbs. (8/31)

Slaughter Prices – Live, negotiated, Not reported due to confidentiality.

Slaughter Prices – Formula, Not reported due to confidentiality.

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

Equity Electronic Auction, 145 lbs. $135.25.

Lighter Weight Slaughter Lamb Prices, 60-90 lbs., San Angelo, TX: $172-$232 per cwt.; New Holland, PA: $210-$235 per cwt.

Federally-inspected slaughter (Week ending 8/29/20): 34,464 head

Cutout Value/Net Carcass Value (1), $366.63 per cwt.

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

Boxed Lamb, weighted average prices ($/cwt.), Trimmed Loins 4×4 648.98, Rack, roast-ready, frenched (cap-on) 1,484.55, Rack, roast-ready, frenched, special (cap-off) 2,016.13, Leg, trotter-off, partial boneless 537.22, Shoulder, square-cut 343.20, Ground lamb 605.86.

Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) 972.88, AUS Shoulder (fresh, square-cut) 323.26, AUS Leg (fresh, semi boneless) 393.03, AUS Rack (frozen, frenched, cap-off, 28 oz/up) 611.22, NZ Rack (frozen, frenched, cap-off, 20 oz/up) 832.64, AUS Shoulder (frozen, square-cut) 275.73.

Exported Slaughter Ewes, 0 head

Wool, ($/pound clean), delivered FOB, From 7 weeks ago: 18 micron (Grade 80s) NA, 19 micron (Grade 80s) NA, 20 micron (Grade 70s) 2.82, 21 micron (Grade 64-70s) 2.76, 22 micron (Grade 64s) 2.73, 23 micron (Grade 62s) NA, 24 micron (Grade 60-62s) 2.18, 25 micron (Grade 58s) NA, 26 micron (Grade 56-58s) NA, 27 Micron (Grade 54-56s) NA, 28 micron (Grade 54s) NA, 30-32 micron (Grade 50s, Grade 46-48s) NA, Merino Clippings NA.

Australian Wool, ($/pound clean), delivered FOB, 18 micron (Grade 80s) 3.06-3.47, 19 micron (Grade 80s) 2.65-3.01, 20 micron (Grade 70s) 2.41-2.73, 21 micron (Grade 64-70s) 2.36-2.67, 22 micron (Grade 64s) 2.28-2.58, 23 micron (Grade 62s) NA, 24 micron (Grade 60-62s) NA, 25 micron (Grade 58s) NA, 26 micron (Grade 56-58s) 1.54-1.74, 28 micron (Grade 54s) 1.19-1.35, 30 micron (Grade 50s) 1.01-1.14, 32 micron (Grade 46-48s) NA, Merino Clippings 1.64-1.86.

(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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