Market Summary, Week ending April 29, 2011
The updated Market Summary can be accessed each Monday at www.sheepusa.org/Weekly_Market_Summary or by calling 303-771-3500, ext. 37.
Feeder Prices, San Angelo, new crop 45-70 lbs. for 190-214 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 125-180 lbs. for 165.59-210 $/cwt.(wtd. ave. 186.43); dressed, no sales reported.
Slaughter Prices - Formula, 3,982 head1 at 276-370 $/cwt. for 78.90 ave. lbs.; 7,567 head at 319.99-375.04 $/cwt. for 90.40 ave. lbs.
Equity Electronic Auction, no sale.
Cutout value/Net carcass value2 $375.13/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 406 head at 55-65 lbs. for $391.81/cwt., 795 head at 65-75 lbs. for $361.45/cwt., 2,789 head at 75-85 lbs. for $355.90/cwt., 2,415 head at 85 lbs. and up for $338.36/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins $502.17, Rack, roast-ready, frenched, $1,685.72, Leg, trotter-off, partial boneless, $631.04, Ground lamb $567.55, Shoulder, square-cut, $324.91.
Imported Boxed Lamb, weighted average prices ($/cwt), AUS Rack (fresh, frenched, cap-off, 20 oz/dn to 28 oz/up) $1,334.98, AUS Rack (frozen, frenched, cap-off, 20-24 oz) $1,183.49, NZ Rack (frozen, frenched, cap-off, (12 oz/dn) $1,221.32, AUS Shoulder (fresh, square-cut) $296.15, AUS Leg (semi boneless, fresh) $514.97.
Exported Adult Sheep, 775 sheep.
Wool, Price ($/pound) Clean, Delivered, No new prices reported. 18 micron (Grade 80s) 7.81, 19 micron (Grade 80s) 6.71, 20 micron (Grade 70s) 5.38-5.55, 21 micron (Grade 64-70s) 5.29, 22 micron (Grade 64s) 4.96-5.14, 23 micron (Grade 62s) 4.73, 24 micron (Grade 60-62s) 4.39, 25 micron (Grade 58s) 3.81, 26 micron (Grade 56-58s) 3.20-3.46, 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) 7.40-8.39, 19 micron (Grade 80s) 5.95-6.74, 20 micron (Grade 70s) 5.05-5.72, 21 micron (Grade 64-70s) 4.75-5.38, 22 micron (Grade 64s) 4.67-5.29, 23 micron (Grade 62s) 4.50-5.10, 24 micron (Grade 60-62s) 3.91-3.61, 25 micron (Grade 58s) NA, 26 micron (Grade 56-58s) 3.19-3.61, 27 micron (Grade 56s) NA, 28 micron (Grade 54s) 2.49-2.82, 29 micron (Grade 50-54s) NA, 30-34 micron (Grade 44-50s) 2.26-2.56., Merino Clippings 3.02-3.42
1Prices reported for the two weight categories of the largest volume traded. 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)