ASI Market Report

Market Summary, Week ending Feb. 15, 2019

Feeder Prices, 60-90 lbs. ($/cwt.), San Angelo, TX: $164-$170, St. Onge-Newell, SD: “No report generated due to weather and lack of sheep for this sale,” (AMS); Billings, MT (Feb. 11): $192-$227.

Slaughter Prices – Live, negotiated, 141-170 lbs. $133.16 per cwt.

Slaughter Prices – Formula, 80.80 lbs. carcass weight $263.79 per cwt.

Slaughter Prices “Comprehensive Information”–-Formula & Negotiated, 79.80 lbs. carcass weight $263.51 per cwt.

Equity Electronic Auction, 125-155 lbs. $139.75-$144.00.

Cutout Value/Net Carcass Value (1), $325.90 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 495.60, Rack, roast-ready, frenched (cap-on) 1,625.82, Rack, roast-ready, frenched, special (cap-off) 2,112.64, Leg, trotter-off, partial boneless 511.16, Shoulder, square-cut 272.57, Ground lamb 574.47.

Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) 1,232.75, AUS Shoulder (fresh, square-cut) 304.49, AUS Leg (fresh, semi boneless) NA, AUS Rack (frozen, frenched, cap-off, 28 oz/up) 1,182.36, NZ Rack (frozen, frenched, cap-off, 20 oz/up) 1,195.08, AUS Shoulder (frozen, square-cut) 269.88.

Exported Adult Sheep, 0 head

Wool, ($/pound clean), delivered FOB (from 10 weeks ago), 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) 5.82-5.91, 23 micron (Grade 62s) 5.25, 24 micron (Grade 60-62s) 3.90, 25 micron (Grade 58s) NA, 26 micron (Grade 56-58s) 3.30, 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) 6.11-6.92, 19 micron (Grade 80s) 5.77-6.53, 20 micron (Grade 70s) 5.68-6.44, 21 micron (Grade 64-70s) 5.62-6.37, 22 micron (Grade 64s) 5.59-6.34, 23 micron (Grade 62s) NA, 24 micron (Grade 60-62s) NA, 25 micron (Grade 58s) NA, 26 micron (Grade 56-58s) 3.41-3.86, 28 micron (Grade 54s) 2.76-3.12, 30 micron (Grade 50s) 2.36-2.67, 32 micron (Grade 46-48s) 1.37-1.55, Merino Clippings 2.92-3.31.

(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.