ASI Market Report

Market Summary, Week ending Oct. 12, 2018

Feeder Prices, 60-90 lbs. ($/cwt.), San Angelo: $128.00-$150.00; St. Onge-Newell, SD: $151.00-$207.96; Billings, MT: $150.85-$176.26.

Slaughter Prices – Live, negotiated, 112-166 lbs. $138.21 per cwt.

Slaughter Prices – Formula, 80.30 lbs. carcass weight $280.30 per cwt.

Slaughter Prices “Comprehensive Information”–-Formula & Negotiated, 77.91 lbs. carcass weight $280.71 per cwt.

Equity Electronic Auction, shorn and wooled 145 lbs. $126.50.

Cutout Value/Net Carcass Value (1), $332.16 per cwt.

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

Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4” Loins 543.13, Rack, roast-ready, frenched (cap-on) 1,700.66, Rack, roast-ready, frenched, special (cap-off) 2,177.11 , Leg, trotter-off, partial boneless 504.59, Shoulder, square-cut 288.24, Ground lamb 567.47.

Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) 1,116.78, AUS Shoulder (fresh, square-cut) 298.86, AUS Leg (fresh, semi boneless) 431.31, AUS Rack (frozen, frenched, cap-off, 28 oz/up) 1,107.84, NZ Rack (frozen, frenched, cap-off, 20 oz/up) 1,160.17, AUS Shoulder (frozen, square-cut) 281.72.

Exported Adult Sheep, 0 head

Wool, ($/pound clean), delivered FOB, From 9 weeks ago: 18 micron (Grade 80s) NA, 19 micron (Grade 80s) NA, 20 micron (Grade 70s) NA, 21 micron (Grade 64-70s) 6.00, 22 micron (Grade 64s) 5.28, 23 micron (Grade 62s) 5.26, 24 micron (Grade 60-62s) 4.92, 25 micron (Grade 58s) 3.74, 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) 6.31-7.15, 19 micron (Grade 80s) 5.85-6.63, 20 micron (Grade 70s) 5.59-6.34, 21 micron (Grade 64-70s) 5.53-6.27, 22 micron (Grade 64s) 5.55-6.29, 23 micron (Grade 62s) 5.42-6.14, 24 micron(Grade 60-62s) 4.87-5.52, 25 micron (Grade 58s) 4.10-4.65, 26 micron (Grade 56-58s) 3.31-3.76, 28 micron (Grade 54s) 2.24-2.53, 30 micron (Grade 50s) 1.89-2.14, 32 micron (Grade 46-48s) 1.31-1.48, Merino Clippings 3.47-3.93.

(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.