ASI Weekly Summary

Market Summary, Week ending July 24, 2015

Feeder Prices ($/cwt.), San Angelo: 60-80 lbs. for 180-191, 80-95 lbs. for 180-185.

Slaughter Prices - Negotiated ($/cwt.), wooled and shorn 121-172 lbs. for 150-165.50 (wtd avg 156.44); wooled and shorn load 215-220 lbs. for 125.

Slaughter Prices - Formula 1 , 2,445 head at 278.96-320 $/cwt. for 70.6 lbs.; 2,130 head at 255.50-290.52 $/cwt. for 110.10 lbs.

Equity Electronic Auction , No sales.

Cutout Value/Net Carcass Value 2 , $321.57/cwt.

Carcass Price , Choice and Prime, YG 1-4, $/cwt., weighted averages, 633 head at 55-65 lbs. for 343.93, 1,489 head at 65-75 lbs. for 322.56, 1,273 head at 75-85 lbs. for 305.24, 1,631 head at 85 lbs. and up for 286.50.

Boxed Lamb , weighted average prices ($/cwt.), Trimmed 4" Loins 519.22, Rack, roast-ready, frenched (cap-on) 1,377.51, Rack, roast-ready, frenched, special (cap-off) 1,880.62, Leg, trotter-off, partial boneless 473.71, Shoulder, square-cut 294.29, Ground lamb 572.11.

Imported Boxed Lamb , weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) 919.33, AUS Shoulder (fresh, square-cut) 262.65, AUS Leg (fresh, semi boneless) 423.06, AUS Rack (frozen, frenched, cap-off, 28 oz/up) 848.36, NZ Rack (frozen, frenched, cap-off, 20 oz/up) 778.35, AUS Shoulder (frozen, square-cut) 215.68.

Exported Adult Sheep , 347 head

Wool , Price ($/pound) Clean, Delivered, June-July prices: 18 micron (Grade 80s) NA, 19 micron (Grade 80s) 4.21, 20 micron (Grade 70s) 4.20, 21 micron (Grade 64-70s) 3.90-3.96, 22 micron (Grade 64s) 3.69, 23 micron (Grade 62s) 3.53, 24 micron (Grade 60-62s) 3.42, 25 micron (Grade 58s) 3.18-3.32, 26 micron (Grade 56-58s) 2.95, 27 micron (Grade 56s) 2.89, 28 micron (Grade 54s) 2.62, 29 micron (Grade 50-54s) NA, 30-34 micron (Grade 44-50s) 1.89.

Australian Wool , Clean, delivered FOB warehouse & gross producers ($/pound), From 3 weeks ago: 18 micron (Grade 80s) 3.73-4.22, 19 micron (Grade 80s) 3.52-3.99, 20 micron (Grade 70s) 3.43-3.89, 21 micron (Grade 64-70s) 3.42-3.88, 22 micron (Grade 64s) 3.39-3.84, 23 micron (Grade 62s) 3.34-3.78, 24 micron (Grade 60-62s) NA, 25 micron (Grade 58s) NA, 26 micron (Grade 56-58s) 2.80-3.17, 28 micron (Grade 54s) 2.37-2.69, 30 micron (Grade 50s) 2.13-2.42, 32 micron (Grade 46-48s) 1.84-2.08, Merino Clippings 2.72-3.08.

1 Prices 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. 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.

Source: USDA's AMS Source: USDA's AMS Source: USDA's AMS Source: USDA's AMS Source: USDA's AMS Source: USDA's AMS