Market Summary, Week ending September 2, 2005
[September 11, 2005]
Feeder Prices, San Angelo, 40-60 lbs. for 138-149 $/cwt., 60-70 lbs. for 132-146 $/cwt., 70-90 lbs. for 125-135 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 125-150 lbs. for 98-110 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, 15,815 head(1) at 191.15-219.61 $/cwt. for 71.20 ave. lbs., 4,959 head at 198.98-219.61 $/cwt. for 79 ave. lbs.
Cutout Value/Net Carcass Value(2), $212.12/cwt.
Carcass Price, Choice and Prime, YG 1-4, 15,574 head at 55-85 lbs. for 204-223 $/cwt., 1,480 head at 85 lbs. and up for 201-223 $/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 428.92, Hotel rack(3) 638.14, Leg (trotter off) 213.45, Ground lamb 294.25.
Wool, Price ($/lb.) Clean, Delivered, 19 micron (Grade 80s) 2.12, 20 micron (Grade 70s) 2.20, 21 micron (Grade 64-70s) 2.10, 22 micron (Grade 64s) no prices reported, 23 micron (Grade 62s) no prices reported, 24 micron (Grade 60-62s) no prices reported, 25 micron (Grade 58s) no prices reported, 26 micron (Grade 56-58s) no prices reported, 27 micron (Grade 56s) no prices reported.
(1) Prices reported for the two weight categories of the largest volume traded.
(2) 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.
(3) Average of light, medium and heavy 8-Rib Rack.
(Source: USDA/Agricultural Marketing Service)
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