ASI Market Report

Market Summary, Week ending March 24, 2017

Feeder Prices ($/cwt.), San Angelo 70-80 lbs. for 208-224.

Slaughter Prices - Negotiated ($/cwt.), wooled and shorn 127-185 lbs. for 145.56.

Slaughter Prices - Formula, $273.69 for 50.07 lbs. carcass weight.

Equity Electronic Auction, No sales

Cutout Value/Net Carcass Value1, $286.97/cwt.

Carcass Price, Choice and Prime, YG 1-4, $/cwt., weighted averages, 488 head at 55-65 lbs. 336.60; 1,768 head at 65-75 lbs. 287.31; 1,842 head at 75-85 lbs. 271.30; 1,959 head at 85 lbs. and up 265.20.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 530.64, Rack, roast-ready, frenched (cap-on) 1,312.38, Rack, roast-ready, frenched, special (cap-off) 1,759.13, Leg, trotter-off, partial boneless 448.65, Shoulder, square-cut 268.49, Ground lamb 491.40.

Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) 840.47, AUS Shoulder (fresh, square-cut) 231.09, AUS Leg (fresh, semi boneless) 378.49, AUS Rack (frozen, frenched, cap-off, 28 oz/up) 752.42, NZ Rack (frozen, frenched, cap-off, 20 oz/up) 772.34, AUS Shoulder (frozen, square-cut) 209.06.

Exported Adult Sheep, 322 head

Wool, Price ($/pound) Clean, Delivered, 18 micron (Grade 80s) 6.10, 19 micron (Grade 80s) NA, 20 micron (Grade 70s) NA, 21 micron (Grade 64-70s) 4.45, 22 micron (Grade 64s) 4.18, 23 micron (Grade 62s) 4.01, 24 micron (Grade 60-62s) 3.53, 25 micron (Grade 58s) 3.20, 26 micron (Grade 56-58s) 2.96, 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) 5.91-6.70, 19 micron (Grade 80s) 5.20-5.89, 20 micron (Grade 70s) 4.34-4.91, 21 micron (Grade 64-70s) 3.97-4.50, 22 micron (Grade 64s) 3.77-4.28, 23 micron (Grade 62s) 3.70-4.19, 24 micron (Grade 60-62s) 3.60-4.08, 25 micron (Grade 58s) 3.05-3.45, 26 micron (Grade 56-58s) 2.78-3.15, 28 micron (Grade 54s) 2.04-2.31, 30 micron (Grade 50s) 1.62-1.84, 32 micron (Grade 46-48s) 1.28-1.45, Merino Clippings 3.31-3.75.

1The 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 AMS