ASI Market Report

Market Summary, Week ending June 14, 2019

Commercial Feeder Prices, ($/cwt.), St. Onge-Newell, SD (May 30): $165.50-$185; Billings, MT (April 15): $175-$198.

Slaughter Prices – Live, negotiated, 125-178 lbs. $157.53 per cwt.

Slaughter Prices – Formula, 87.60 lbs. carcass weight $293.54 per cwt.

Slaughter Prices “Comprehensive Information”–-Formula & Negotiated, 83.98 lbs. carcass weight $300.04 per cwt.

Equity Electronic Auction, No sales.

Slaughter Prices – Non-traditional, 60-90 lbs., San Angelo, TX $128-$154; New Holland, PA $170-$207.

Federally-inspected slaughter (Week ending 6/1/19): 37,748 head

Cutout Value/Net Carcass Value (1), $346.18 per cwt.

Carcass Price, Choice and Prime, YG 1-4, weighted average prices ($/cwt.), No prices reported.

Boxed Lamb, weighted average prices ($/cwt.), Trimmed Loins 4x4 537.58, Rack, roast-ready, frenched (cap-on) 1,608.78, Rack, roast-ready, frenched, special (cap-off) 2,124.69, Leg, trotter-off, partial boneless 530.34, Shoulder, square-cut 301.09, Ground lamb 569.32.

Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) 1,218.96, AUS Shoulder (fresh, square-cut) 304.80, AUS Leg (fresh, semi boneless) 370.50, AUS Rack (frozen, frenched, cap-off, 28 oz/up) 1,119.74, NZ Rack (frozen, frenched, cap-off, 20 oz/up) 1,125.71, AUS Shoulder (frozen, square-cut) 267.25.

Exported Slaughter Ewes, 0 head

Wool, ($/pound clean), delivered FOB, From Three Weeks Ago: 18 micron (Grade 80s) NA, 19 micron (Grade 80s) NA, 20 micron (Grade 70s) NA, 21 micron (Grade 64-70s) 5.21, 22 micron (Grade 64s) 5.20, 23 micron (Grade 62s) 4.38-4.87, 24 micron (Grade 60-62s) 4.39, 25 micron (Grade 58s) 3.56, 26 micron (Grade 56-58s) NA, 27 Micron (Grade 54-56s) NA, 28 micron (Grade 54s) NA, 30 micron (Grade 50s) NA, 32 micron (Grade 46-48s) NA, Merino Clippings NA.

Australian Wool, ($/pound clean), delivered FOB, 18 micron (Grade 80s) 5.32-6.03, 19 micron (Grade 80s) 5.15-5.84, 20 micron (Grade 70s) 5.11-5.79, 21 micron (Grade 64-70s) 5.10-5.78, 22 micron (Grade 64s) 5.09-5.77, 23 micron (Grade 62s) NA, 24 micron (Grade 60-62s) NA, 25 micron (Grade 58s) NA, 26 micron (Grade 56-58s) NA, 28 micron (Grade 54s) 2.69-3.05, 30 micron (Grade 50s) 2.26-2.56, 32 micron (Grade 46-48s) 1.57-1.77, Merino Clippings 2.43-2.76.

(1) 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.