ASI Market Report

Market Summary, Week ending November 17, 2017

Feeder Prices ($/cwt.), San Angelo, 66 lbs. $208; 83 lbs. $140; 90-110 lbs. $130.

Slaughter Prices – Live, negotiated, 130-157 lbs. $135.85

Slaughter Prices – Formula, 77.30 lbs. carcass weight $283.22 per cwt.

Slaughter Prices “Comprehensive Information”–-Formula & Negotiated, 76.29 lbs. carcass weight $281.82 per cwt.

Equity Electronic Auction, Shorn 150 lbs. $125.75.

Cutout Value/Net Carcass Value (1), $340.30 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 $590.71, Rack, roast-ready, frenched (cap-on) $1,643.63, Rack, roast-ready, frenched, special (cap-off) $2,093.31, Leg, trotter-off, partial boneless $526.67, Shoulder, square-cut $299.77, Ground lamb $559.17.

Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) $945.75, AUS Shoulder (fresh, square-cut) $301.04, AUS Leg (fresh, semi boneless) $422.39, AUS Rack (frozen, frenched, cap-off, 28 oz/up) $976.88, NZ Rack (frozen, frenched, cap-off, 20 oz/up) $987.46, AUS Shoulder (frozen, square-cut) $257.06.
Exported Adult Sheep, 322 head

Wool, ($/pound clean), delivered, Territory States (West & some CA wools): 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) 4.34-4.66, 23 micron (Grade 62s) 3.89-4.41, 24 micron (Grade 60-62s) 3.56, 25 micron (Grade 58s) 3.23, 26 micron (Grade 56-58s) 3.05, 27 micron (Grade 56s) NA, 28 micron (Grade 54s) NA, 29 micron (Grade 50-54s) 1.69, 30-34 micron (Grade 44-50s) NA.

Australian Wool, ($/pound clean), delivered FOB warehouse & gross producers, 18 micron (Grade 80s) 6.07-6.88, 19 micron (Grade 80s) 5.30-6.01, 20 micron (Grade 70s) 4.70-5.33, 21 micron (Grade 64-70s) 4.35-4.93, 22 micron (Grade 64s) 4.14-4.70, 23 micron (Grade 62s) NA, 24 micron (Grade 60-62s) NA, 25 micron (Grade 58s) 3.23-3.66, 26 micron (Grade 56-58s) 2.88-3.26, 28 micron (Grade 54s) 2.10-2.39, 30 micron (Grade 50s) 1.65-1.87, 32 micron (Grade 46-48s) 1.31-1.49, Merino Clippings 3.69-4.19.

(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.