ASI Weekly Summary

Market Summary, Week ending August 28, 2015

Feeder Prices ($/cwt.), San Angelo: 60-70 lbs. for 196-212, 70-90 lbs. 180-186; 90-100 lbs. for 182-188.

Slaughter Prices - Negotiated ($/cwt.), wooled and shorn 120-161 lbs. for 145-165 (wtd avg 155.64).

Slaughter Prices - Formula1, 2,000 head at 289.97-315.99 $/cwt. for 69.9 lbs.; 2,485 head at 279.49-321.09 $/cwt. for 79.40 lbs.

Equity Electronic Auction, No sale.

Cutout Value/Net Carcass Value2, $325.01/cwt.

Carcass Price, Choice and Prime, YG 1-4, $/cwt., weighted averages, 1,316 head at 55-65 lbs. for 339.46, 3,024 head at 65-75 lbs. for 326.39, 1,661 head at 75-85 lbs. for 313.62, 680 head at 85 lbs. and up for 299.52.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 523.14, Rack, roast-ready, frenched (cap-on) 1,440.21, Rack, roast-ready, frenched, special (cap-off) 1,882.23, Leg, trotter-off, partial boneless 485.81, Shoulder, square-cut 297.70, Ground lamb 552.26.

Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) 926.30, AUS Shoulder (fresh, square-cut) 257.94, AUS Leg (fresh, semi boneless) 388.25, AUS Rack (frozen, frenched, cap-off, 28 oz/up) 942.19, NZ Rack (frozen, frenched, cap-off, 20 oz/up) 761.99, AUS Shoulder (frozen, square-cut) 257.94.

Exported Adult Sheep, 350 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), 18 micron (Grade 80s) 3.54-4.01, 19 micron (Grade 80s) 3.38-3.84, 20 micron (Grade 70s) 3.25-3.69, 21 micron (Grade 64-70s) 3.22-3.65, 22 micron (Grade 64s) 3.20-3.63, 23 micron (Grade 62s) 3.17-3.59, 24 micron (Grade 60-62s) NA, 25 micron (Grade 58s) 2.87-3.25, 26 micron (Grade 56-58s) 2.71-3.07, 28 micron (Grade 54s) 2.33-2.64, 30 micron (Grade 50s) 2.20-2.49, 32 micron (Grade 46-48s) 1.89-2.14, Merino Clippings 2.70-3.06.

1Prices 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. 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's AMS Source: USDA's AMS Source: USDA's AMS Source: USDA's AMS USDA's AMS