ASI Market Report

Market Summary, Week ending December 2, 2016

Feeder Prices ($/cwt.), San Angelo: 45-60 lbs. 212-216, 60-70 lbs. 170-180, 70-80 lbs. 156-179, 90-105 lbs. 138-141.

Slaughter Prices - Negotiated ($/cwt.), Wooled and shorn 134-176 lbs. for 125-165 (wtd avg 138.97).

Slaughter Prices - Formula1, 55-65 lbs. for 253.95, 65-75 lbs. for 288.74, 75 lbs. and heavier not reported.

Equity Electronic Auction, No sales.

Cutout Value/Net Carcass Value2, $319.28/cwt.

Carcass Price, Choice and Prime, YG 1-4, $/cwt., weighted averages, 463 head at 55-65 lbs. 339.95; 2,019 head at 75-85 lbs. 307.59, other weights not reported due to confidentiality.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 559.21; Rack, roast-ready, frenched (cap-on) 1,366.25; Rack, roast-ready, frenched, special (cap-off) 1,709.48; Leg, trotter-off, partial boneless 508.85; Shoulder, square-cut 292.13, Ground lamb 517.93.

Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) 916.92, AUS Shoulder (fresh, square-cut) 243.17, AUS Leg (fresh, semi boneless) 376.87, AUS Rack (frozen, frenched, cap-off, 28 oz/up) 694.67, NZ Rack (frozen, frenched, cap-off, 20 oz/up) 785.10, AUS Shoulder (frozen, square-cut) 191.98.

Exported Adult Sheep, 339 head.

Wool, Price ($/pound) Clean, Delivered, 18 micron (Grade 80s) NA, 19 micron (Grade 80s) NA, 20 micron (Grade 70s) NA, 21 micron (Grade 64-70s) NA, 22 micron (Grade 64s) 3.47, 23 micron (Grade 62s) 3.01-3.32, 24 micron (Grade 60-62s) 2.66, 25 micron (Grade 58s) NA, 26 micron (Grade 56-58s) NA, 27 micron (Grade 56s) 1.71-1.97, 28 micron (Grade 54s) NA, 29 micron (Grade 50-54s) NA, 30-34 micron (Grade 44-50s) 1.63.

Australian Wool, Clean, delivered FOB warehouse & gross producers ($/pound), 18 micron (Grade 80s) 4.52-5.12, 19 micron (Grade 80s) 4.25-4.82, 20 micron (Grade 70s) 3.94-4.47, 21 micron (Grade 64-70s) 3.75-4.25, 22 micron (Grade 64s) 3.66-4.15, 23 micron (Grade 62s) NA, 24 micron (Grade 60-62s) NA, 25 micron (Grade 58s) 2.84-3.22, 26 micron (Grade 56-58s) 2.55-2.89, 28 micron (Grade 54s) 1.83-2.07, 30 micron (Grade 50s) 1.58-1.79, 32 micron (Grade 46-48s) 1.26-1.43, Merino Clippings 3.00-3.41.

1Heavier carcasses typically receive lower prices per lb. 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 AMS Source: USDA AMS