USDA WEEKLY NATIONAL LAMB MARKET SUMMARY Livestock, Meat, Wool, Pelt, & International Markets Friday, March 21, 2014 Billings: NATIONAL SHEEP SUMMARY So Dakota: Slaughter Lambs: Choice and Prime 2-3 90-160 lbs: San Angelo: shorn and wooled 110-175 lbs 140.00-156.00, few 168.00. PA: shorn and wooled 120-160 lbs 202.00-222.00. Ft. Collins, CO:wooled 160-170 lbs 140.00-142.50. Billings, MT: wooled 112 lbs 171.00. Kalona, IA: wooled 101 lbs 165.00; 115-170 lbs 153.00-154.00. South Dakota: shorn and wooled 120-155 lbs 154.00-156.00. Missouri: 100-165 lbs 160.00-168.00. Equity Elec: no sales. Slaughter Lambs: Choice and Prime 1: San Angelo: 40-60 lbs 206.00-212.00; 60-70 lbs 194.00-209.00; 7080 lbs 190.00-198.00, few 204.00; 80-90 lbs 186.00198.00, few 200.00; 90-110 lbs 186.00-198.00. Pennsylvania: 40-60 lbs 236.00-275.00; 60-80 lbs 226.00-270.00; 80100 lbs 222.00-250.00. Kalona, IA: 50-60 lbs 220.00-225.00; 60-70 lbs 215.00-225.00. Ft. Collins: 60-80 lbs 235.00-245.00; 80-90 lbs 221.00-227.50; 90110 lbs 215.00-230.00. Missouri: 50-60 lbs 180.00-237.50; 60-70 lbs 190.00-197.50; 7095 lbs 170.00-197.50. Direct Trading: (lambs fob with 3-4 percent shrink or equivalent) CA: 4900: Feeder Lambs 80-90 lbs new crop 207.00-210.00. AZ: 3500: Feeder Lambs 95-105 lbs new crop 195.00. ID: 300: Slaughter Ewes Utility and Good 1-3 45.00; Utility 1-2 25.00. Slaughter Ewes: San Angelo: Good 2-3 (fleshy) 60.00-65.00; Utility and Good 1-3 (medium flesh) 66.00-70.00, high yielding 76.00-78.00; Utility 1-2 (thin) 58.00-65.00; Cull and Utility 1-2 (very thin) 45.00-57.00. Pennsylvania: Good 2-3 (fleshy) 86.00-116.00; Utility 1-2 (thin) 60.00-98.00; Cull 1 40.00-68.00. Ft. Collins: Good 3-5 (very fleshy) 62.50-67.00; Good 2-3 (fleshy) 66.00-72.00; Utility 1-2 (thin) 55.00-60.00; Cull 1 (extremely thin) 42.50-50.00. Billings, MT: Good 2-3 (fleshy) 56.00-63.50; Utility 1-2 (thin) 51.0061.50; Cull and Utility 1-2 (very thin) 44.00-53.00; Cull 1 23.00-43.00. So Dakota: Good 3-4 (very fleshy) 36.00-37.00; Good 2-3 (fleshy) 40.00-45.00; Utility and Good 1-3 (medium flesh) 37.0038.00; Utility 1-2 (thin) 33.00-37.50; Cull 1 (extremely thin) 15.00-21.00. Missouri: Utility and Good 1-3 48.00-61.00, few 61.00-85.00. Virginia: Good 2-4 no test. Kalona: Good 2-3 55.00-67.50; Utility and Good 1-3 65.00-70.00; Utility 1-2 50.00-55.00; Cull and Utility 1-2 40.00; Cull 1 15.00-20.00. Feeder Lambs: Medium and Large 1-2: San Angelo: 60-80 lbs new crop 210.00-230.00; 80-100 lbs new crop 201.00-211.00. Ft. Collins: 60-75 lbs 220.00-235.00; 80-110 lbs 225.00. 21 No. 12 HIGHLIGHTS 75-80 lbs 209.00-213.00; 95-100 lbs 205.00-209.00; 100110 lbs 197.00-201.00. 52 lbs 277.00; 60 lbs 257.50; 88 lbs 207.50. Weighted Avg Prices (Simple Avg noted *) SLAUGHTER LAMBS Replacement Ewes: Medium and Large 1-2: Billings: bred baby tooth to solid mouth 185.00-200.00 per head, set 155.00 per head; solid mouth 160.00 per head; baby tooth 135-180 lbs 69.00-87.50 cwt; ewes and lambs 160.00180.00 per family. So Dakota: bred solid mouth 135.00-160.00 per head. Missouri: wooled 160-170 lbs 67.50 cwt; hair ewes and lambs 100.00190.00 per family, others 30.00-60.00 per head. Weekly Trends: Compared to last week slaughter lambs were steady to 15.00 lower. Slaughter ewes were steady to 5.00 lower. Feeder lambs were thinly tested. At San Angelo, TX 4529 head sold in a one day sale. No sales in Equity Electronic Auction. In direct trading slaughter ewes were steady; feeder lambs were weak. All sheep sold per hundredweight (CWT) unless otherwise specified. VOL. Choice & Prime 2-3 Shorn & Wooled (130 - 180 pounds) Latest Last Wk San Angelo, TX 149.74 145.91 86.25 El Reno, OK (Discontinued) N/A NATIONAL DAILY LAMB CARCASS Last Yr N/A 104.59 Ft Collins, CO 164.94 163.32 118.00 Negotiated sales for delivery within 14 calendar days, FOB Plant basis. SLAUGHTER EWES Good 2-3 & Good 3-4 Compared to last week: Carcasses were mixed: Carcasses 45#'s and lighter were 15.48 lower; 45# to 55#'s were 2.50 higher; 55# to 65# carcasses were 2.98 Latest Last Wk Last Yr lower; 65#'s and heavier were 0.29 to 0.59 higher. San Angelo, TX DAILY CHOICE AND PRIME, YG 1-4 Head 1,454 Weight Head Wt Avg 45-DN 47 497.13 45-55# *Price not reported due to confidentiality* 55-65# *Price not reported due to confidentiality* 65-75# 376 319.98 75-85# *Price not reported due to confidentiality* 85-UP 412 292.05 * SAT-FRI Weight 45-DN 45-55# 55-65# 65-75# 75-85# 85-UP CHOICE AND PRIME, Head 156 218 647 1,427 2,159 1,890 YG 1-4 Head 60.04 63.00 48.52 St. Onge, Newell, SD N/Q N/Q 26.80 Ft. Collins, CO * 69.00**70.00* Billings, MT 6,497 Wt Avg 485.98 380.14 337.26 318.79 304.69 292.63 58.84 N/Q 43.56 FEEDER LAMBS Medium-Large 1-2 (90-110 pounds) Latest Last Wk Last Yr San Angelo, TX N/Q *For more information, please visit www.ams.usda.gov/ConfidentialityGuidelines* 201.00 122.10 St. Onge, Newell, SD N/Q H USDA NATIONAL LAMB ESTIMATED GRADING PERCENT N/Q 5.01% 34.95% 40.42% 15.12% 4.49% 99.50 Ft. Collins, CO 225.00 239.02 Week Ending 03/08/2014: Actual FIS Sheep Slaughter 39,865 head. 37,683 Lambs, 94.5% of total sheep slaughtered. 27,588 graded, 73.21% of total lambs slaughtered. -----------------------------------------------------------------------GRADE BREAKDOWN Yield Grade (May include hindsaddles) Quality 1 2 3 4 5 Total Prime 0.34% 2.03% 3.95% 2.27% 1.16% 9.75% Choice 4.67% 32.92% 36.48% 12.85% 3.33% 90.25% Total % N/Q N/Q CARCASS LAMB FOB PLANT *SAT-FRI* WT AVGS Last Week 45#-Dn 45-55# 55-65# 65-75# 75-85# 85#-Up 45#-Dn 45-55# 55-65# 65-75# 75-85# 85#-Up 501.43 377.64 340.24 318.50 304.16 292.04 Last Year 533.90 321.24 290.20 256.23 237.63 211.61 Latest 485.98 380.14 337.26 318.79 304.69 292.63 NATIONAL BOXED LAMB CUTS FOB Plant basis negotiated sales for delivery within 0-21 day period, fresh and frozen carlot volume, including sales since last report, U.S. dollars per 100 pounds. Current Volume Fresh Cuts 1,157,541 pounds Frozen Cuts 216,364 pounds --------------------------------------------------------------------------*Items with no entries indicate non-reportable trades.* FRESH CHOICE & PRIME CUTS # Of Total Weighted Change from IMPS Sub-Primal Trades Pound Average Prior Days --------------------------------------------------------------------------200A Carcass, 3-way, 55/65 3 670 $363.97 (4.95) 203 Bracelet 3 2,157 $454.32 0.00 204 Rack, 8-Rib, light 8 2,285 $835.96 3.87 204 Rack, 8-Rib, medium 98 21,989 $824.55 1.03 204 Rack, 8-Rib, heavy 12 1,418 $849.46 8.67 204A Rack, chined 29 7,728 $878.12 (6.37) 204B Rack, roast-ready 26 7,808 $1,187.60 7.32 204C Rack, roast-ready, frenched 151 27,226 $1,555.58 17.96 204D Rack, roast-ready, special 7 1,350 $2,017.31 (12.40) 206 Shoulders 115 69,584 $286.06 (1.44) 207 Shoulders, square-cut 248 159,795 $301.55 (0.13) 208 Shoulders, square-cut, bnls 50 17,327 $526.59 (4.59) 209 Breast 121 41,990 $163.03 0.33 Breast, bulk 24 28,460 $143.12 (3.41) 209A Ribs, Breast bones off 40 3,502 $491.20 3.73 210 Foreshank 176 17,751 $412.73 8.37 230 Hindsaddle 4 904 $455.40 0.22 231 Loins 8 2,565 $375.92 (5.08) 232 Loins, trimmed 4x4 107 22,561 $478.22 (11.63) 232 Loins, trimmed 2x2 34 4,236 $608.32 2.16 232 Loins, trimmed 1x1 122 28,435 $683.79 1.46 232 Loins, trimmed 0x0 24 5,288 $831.87 7.01 232C Loin, boneless, tied 9 989 $1,382.04 (43.11) 232E Flank, untrimmed 26 20,984 $91.56 (1.72) 233 Legs 85 27,404 $352.15 3.07 233A Leg, trotter-off 196 60,360 $381.63 (2.94) 233C Leg, trotter-off, partial bnl 41 11,779 $514.24 7.38 233E Leg, steamship 15 1,746 $469.55 (0.55) 233F Hindshank 55 16,184 $383.09 (27.38) 234 Leg, Boneless, Tied 169 43,330 $534.20 (0.56) 234A Leg, shank off, bnls 54 9,788 $628.31 (0.28) 234E Leg, inside, boneless 81 12,668 $743.12 (0.72) 234G Sirloin, boneless 27 2,165 $735.03 (3.66) 236 Back, trimmed 10 316 $773.32 8.94 238 Trimmings 23 2,549 $422.66 19.32 239 Special trimmings 22 1,050 $440.50 (8.45) 246 Tenderloin 4 225 $1,534.39 295 Lamb for stewing 83 15,096 $635.52 (6.18) 296 Ground lamb 44 9,443 $521.71 18.19 Necks 46 8,585 $150.86 (13.41) --------------------------------------------------------------------------FROZEN CHOICE & PRIME CUTS # Of Total Weighted Change from IMPS Sub-Primal Trades Pound Average Prior Days --------------------------------------------------------------------------209 Breast 12 12,309 $143.76 (16.33) 209A Ribs, Breast bones off 5 988 $445.71 2.72 210 Foreshank 56 7,702 $404.50 6.08 230 Hindsaddle 3 124 $406.13 0.00 232 Loins, trimmed 1x1 4 5,149 $407.09 0.03 232E Flank, untrimmed 22 49,541 $83.18 (0.99) 233A Leg, trotter-off 6 15,218 $303.34 0.24 233F Hindshank 8 1,882 $405.77 (48.60) 234 Leg, Boneless, Tied 10 5,064 $541.80 34.04 234E Leg, inside, boneless 16 1,058 $907.96 13.63 238 Trimmings 5 7,349 $76.89 (41.41) 239 Special trimmings 8 2,180 $353.20 (0.05) 295 Lamb for stewing 34 6,537 $722.98 (13.66) 296 Ground lamb 79 15,097 $487.50 (0.67) Necks 26 38,404 $90.63 (15.78) ACTUAL SLAUGHTER UNDER FEDERAL INSPECTION NATIONAL WEEKLY COMPREHENSIVE LAMB CARCASS H Combined Negotiated, Formula and Forward Contract sales for delivery within 14 calendar days, FOB Plant basis. For W/E 3/08/2014 Monday Tuesday Wednesday Thursday Friday Saturday 8,910 8,486 6,620 9,024 6,782 43 -----39,865 *Items with no entries indicate non-reportable trades.* CHOICE AND PRIME, YG 1-4 Weight Head 45-DN 156 45-55# 218 55-65# 649 65-75# 1,517 75-85# 2,159 85-UP 1,990 Head CHOICE AND PRIME, YG 5 Weight Head Head CERTIFIED FRESH AMERICAN LAMB Weight Head Head 6,689 Wt Avg 485.98 380.14 337.31 319.40 304.69 292.94 Wt Avg Wt Avg Total Lambs & Yearlings 94.5% Mature Sheep 5.5% RED MEAT PRODUCTION (Estimated, except *Actual*) UNGRADED Weight 45-DN 45-55# 55-65# 65-75# 75-85# 85-UP Head Head 74 63 75 54 23 23 312 Wt Avg 341.51 327.68 301.68 282.15 225.65 225.65 *For more information, please visit www.ams.usda.gov/ConfidentialityGuidelines* USDA ESTIMATED NATIONAL LAMB CARCASS CUTOUT Based on 5-Day Rolling weighted average FOB plant prices collected under Mandatory Price Reporting and industry yields. CUTS FOB PRICE CHANGE % CARCASS LBS. FORESADDLE 204 RACK, 8-RIB MEDIUM 824.55 1.03 11.00% 7.81 209 BREAST ** 153.32 -12.32 8.32% 5.91 207 SHOULDERS, SQ-CUT 301.55 -0.13 23.65% 16.79 210 FORESHANK 412.73 8.37 3.97% 2.82 NECK ** 101.64 -15.64 2.22% 1.58 HINDSADDLE 232 LOINS, TRIMMED 4X4 478.22 -11.63 11.04% 7.84 232E FLANK UNTRIMMED ** 85.67 -1.45 3.61% 2.56 233A LEG, TROTTER OFF 381.63 -2.94 31.93% 22.67 ---------------------------------------------------------------------------GROSS CARCASS VALUE: 371.16 -3.23 95.74% 67.98 FORESADDLE VALUE 393.44 -1.95 49.16% 34.90 HINDSADDLE VALUE 381.58 -4.88 46.58% 33.07 Carcass value less process/packaging per cwt cost of $33.75 NET CARCASS VALUE 337.41 -3.23 * Shrink and trim of 3.02 lb's not reflected in cutout value * Based on Actual Federally Inspected Slaughter Carcass Weight of 71.00 lbs. for W/E 03/08/2014 , unchanged from last week. **Includes Fresh and Frozen Product Production Mil.Lbs. 22-Mar-2014 15-Mar-2014 Change *23-Mar-2013* Change 2014 YTD: *2013 YTD:* Change 08-Mar-2014 2.9 2.7 7.4% 3.3 -12.1% 30.9 32.7 -5.4% 2.8% Average Live Weights 22-Mar-2014 15-Mar-2014 *23-Mar-2013* 08-Mar-2014 141 140 141 142 Dressed 22-Mar-2014 15-Mar-2014 *23-Mar-2013* 08-Mar-2014 71 71 71 71 Slaughter 22-Mar-2014 15-Mar-2014 Change *23-Mar-2013* Change 2014 YTD: *2013 YTD: Change 42,000 39,000 7.7% 46,000 -8.7% 443,000 455,000 -2.6% US FEDERALLY INSPECTED SLAUGHTER BY REGION Week Ending S F R t e e a d g n e i d r o 1 ----- LAMB, MUTTON AND GOAT IMPORTS 3/08/2014 a a n / - ------------------------------------rd : Sheep l :-------------------------------s : Total Mature Lambs & : 2/ Sheep Yearlings ------------------------------------1,000 head 1 0.4 0.4 2 2.9 0.3 2.6 3 2.2 0.2 2.0 4 0.9 0.2 0.7 5 7.1 0.6 6.5 6 0.8 0.3 0.5 7 0.1 0.1 8 18.9 0.4 18.5 9 6.0 0.2 5.8 10 0.6 0.6 ---------------------------------------- -U.S. 2/ : 39.9 2.2 37.7 ------------------------------------------Represents zero. (D) Withheld to avoid disclosing individual operations. 1/ States included in regions are as follows 1- CT, ME, NH, VT, MA & RI; 2- NY & NJ; 3- DE-MD, PA, WV & VA; 4- AL, FL, GA, KY, MS, NC, SC & TN; 5- IL, IN, MI, MN, OH & WI; 6- AR, LA, NM, OK & TX; 7- IA, KS, MO & NE; 8- CO, MT, ND, SD, UT & WY; 9- AZ, CA, HI & NV; 10- AK, ID, OR & WA. 2/ Totals may not add due to rounding. A region may not be published due to confidentiality, but is included in totals. For Reporting Period: Lamb Australia Canada Iceland New Zealand Total Cattle: Calves: Sheep: Hogs: Slaughter Lambs Ewes Breeding Males Breeding Females Total Sheep 0 0 0 0 0 0 238 0 0 238 CURRENT Y-T-D 19 54 336 983 Week 11 Weekly Total Year-toDate Total 133 829 1 8 8 156 289 522 1,228 8,835 38 1 3,740 12,614 299 23 322 85 85 73 94 303 181 505 1,986 461 2,484 36 361 6 403 36 361 6 403 4,295 7 18 4,319 FOB cold storage; negotiated sales for delivery within 0-21 days and for delivery 22/Up days; fresh and frozen carlot volume; U.S. dollars per 100 pounds. NZ = New Zealand Negotiated Sales 0-21 days: 6.9% -2.3% 4.5% -2.5% PREVIOUS Y-T-D 0 6,070 0 0 6,070 AUS = Australian %Change Texas to Mexico Daily Livestock Exports CURRENT WEEK-T-D 3 17 Primals & Subprimals *Items with no entries indicate non- reportable trades* Year Ago YTD YTD 03/09/13 2014 2013 51,836 503,760 471,082 4,437 39,956 40,908 3,027 28,621 27,383 394,887 3,837,276 3,934,857 EXPORTS 03/20/14 647 Metric Tons Edible Offals NATIONAL WEEKLY LAMB CARCASS AND LAMB CUTS - IMPORTED Fresh Cuts Frozen Cuts 0 3,143 0 0 3,143 = = 1,264,432 Pounds 688,419 Pounds Negotiated Sales 22/up days: Fresh Cuts Frozen Cuts Fri, 03/21/2014 Cuts 34 Goat Australia Mexico New Zealand Total WEEKLY VOLUME Week Ago 03/01/14 53,258 4,069 3,038 389,610 Carcasses 15 Mutton Australia New Zealand Total CANADIAN FEDERALLY INSPECTED SLAUGHTER Current 03/08/14 59,363 3,640 2,911 387,245 3/09/14 to 03/15/14 Boneless Trimmings = = Pounds Pounds -------------------------------------------------------------------------------NEGOTIATED SALES 0-21 DAYS, FRESH # of Total Weighted Sub-Primal Trades Pounds Price Range Average -------------------------------------------------------------------------------AUS AUS AUS AUS AUS AUS AUS AUS Rack, FR, Cap-off, 20-24 oz Rack, FR, Cap-off, 24-28 oz Rack, FR, Cap-off, 28 oz/up Shoulder, Square-cut Foreshank, VP Shortloin, 1-Rib, 1x1 Shortloin, 1-Rib, 0x0 Leg, semi bnls 26 39 36 31 21 8 32 19 13,805 21,705 34,343 226,958 14,861 9,663 174,873 46,680 884.00 817.00 867.00 224.00 317.00 487.00 319.00 360.00 1141.00 1196.00 1253.00 300.00 385.00 599.00 571.00 455.00 1014.07 1089.89 1030.24 262.66 361.58 554.31 550.01 421.85 H US TO MEXICO WEEKLY LIVESTOCK EXPORT SUMMARY Thu 03/20/2014 Slaughter Lambs Ewes Breeding Males Breeding Females Total Current Week 3/15/2014 Previous Week 3/08/2014 0 938 0 0 938 0 329 0 0 329 Current Y-T-D Previous Y-T-D* 0 5,832 0 0 5,832 0 2,828 0 0 2,828 PERCENT CHANGE 206.22% -------------------------------------------------------------------------------NEGOTIATED SALES 0-21 DAYS, FROZEN # of Total Weighted Sub-Primal Trades Pounds Price Range Average -------------------------------------------------------------------------------AUS Rack, FR, Cap-off, 20-24 oz AUS Rack, FR, Cap-off, 24-28 oz AUS Rack, FR, Cap-off, 28 oz/up AUS Shoulder, Square-cut AUS Shoulder, Square-cut, bnls AUS Foreshank, LP AUS Leg, Long AUS Hindshank, LP AUS Leg, bnls NZ Rack, FR, Cap-off, 12 oz/dn NZ Rack, FR, Cap-off, 12-16 oz NZ Rack, FR, Cap-off, 16-20 oz NZ Rack, FR, Cap-off, 20 oz/up 14 16 4 16 7 29 46 3 30 3 36 66 16 19,483 6,210 2,730 43,566 10,347 32,744 96,671 2,124 25,210 609 34,653 52,383 24,784 764.00 865.00 982.00 227.00 387.00 252.00 289.00 300.00 305.00 770.00 727.00 692.00 742.00 1157.00 1170.00 1142.00 296.00 415.00 279.00 370.00 432.00 475.00 827.00 858.00 864.00 838.00 823.02 1015.74 1133.76 241.23 413.08 257.88 362.10 359.07 385.13 788.44 824.04 823.75 788.36 Regional Weekly Summaries NATIONAL WOOL REVIEW MOUNTAIN AREAS AND WESTERN UNITED STATES DIRECT SHEEP Receipts: 8700 Last Week: 2800 Last Year: 0 Compared to last week: California springer lambs have been trading steady to weak. Slaughter ewes are trading mostly steady compared to the most recent trades. Concerns about how the fat lamb market will react after Easter are beginning to surface. Lamb feeders are beginning to pull their reins in as a result. Moderate temperature in Colorado coupled with favorable ship weights out of the Imperial is fermenting growing concerns about fat lamb weights in Colorado. Some of the Imperials are gaining more than three quarters of a pound a day. If the industry does not stay on top of them they will have a big risk of having overweight lambs in Jun and Jul. Demand moderate and trade activity is slow. SOUTH CENTRAL DIRECT SHEEP Feeder Lambs: Trading at a standstill, demand moderate. Supplies remain limited. TX: None. Slaughter Lambs: TX: None. Slaughter Ewes: TX: None. Replacement Ewes: TX: None. NATIONAL DAILY LAMB REPORT Receipts: This Period Week to Date Last Week Total Last Year Total Negotiated 4,793 4,793 5,304 4,163 Formula 9,312 9,312 9,522 12,885 Comments: Compared to last week, negotiated sales of slaughter lambs were 1.00 to 2.00 higher. Formula dressed sales under 65 lbs not well tested this week; 65-85 lbs were 4.00 to 5.00 lower; 85-95 lbs 1.00 lower; Over 95 lbs not well tested. NEGOTIATED PURCHASES Slaughter Lambs: Live Basis - Choice and Prime Head Weight Wtd Avg Wtd Avg Count Range Weight Dr Pct 4186 under 170 lbs 147.30 50.80 607 over 170 lbs 185.30 50.00 FORMULA PURCHASES Slaughter Lambs: Carcass Basis - Choice and Prime Head Weight Wtd Avg Wtd Avg Count Range Weight Dr Pct 73 under 55 lbs 39.40 49.60 227 55-65 lbs 62.80 50.30 2106 65-75 lbs 70.10 48.40 5291 75-85 lbs 80.60 49.60 1311 85-95 lbs 89.00 50.30 304 over 95 lbs 97.30 50.60 Price Range 154.58-178.50 152.00-160.00 Wtd Avg Price 164.40 155.52 Price Range 360.00-430.00 294.19-307.00 286.00-314.30 290.00-320.00 291.71-301.59 291.06-293.92 Wtd Avg Price 417.53 300.72 305.39 305.57 294.41 293.48 Domestic wool trading on a clean basis was at a slow this week. There were 322,000 lbs of confirmed trades this week. Demand moderate. With the different weather patterns in February and March it has pushed shearing schedules back as much as 2-3 weeks. With the lack luster market in Australia and the stronger currency it is becoming tough for the domestic wool buyers to procure clips at price levels that growers are willing to sell at. Currently wools are between 70-80 percent of Australia. Domestic clean wool and confirmed trades are reported on a weighted average basis. Prices reflect trades FOB warehouse in original bag or square pack, bellies out, some graded, and 76 mm or longer. No allowance made for coring, freight or handling fees at the warehouse level to reflect net grower prices (*) indicates new prices this week. (NA) represents microns not normally available in this region. Wools shorter than 75 mm typically discounted .10.20 clean. Classed and skirted wools usually trade at a .10-.20 premium to original bag prices. Micron 18 19 20 21 22 23 24 25 26 27 28 29 30-34 US Grades 80s 70-80s 64-70s 64s 62s 60-62s 60s 58s 56-58s 54-56s 54s 50-54s 44-50s Fleece States None None None None None None None None None None None None None Territory States None None None 4.09* 3.88* 3.50* 3.33* 2.38* 2.48* None None None None Texas and New Mexico None None None None None None None None None NA NA NA NA Domestic wool trading on a greasy basis was very slow this week. There were 100,000 lbs of confirmed trades this week. All trades reported on a weighted average. Territory States: Ewe wools: 22 micron 63-70 mm tender 1.83; bellies .85; pieces .43. Domestic wool tags are delivered to buyer and reported on a greasy basis: Number 1 tags Number 2 tags Number 3 tags ------------------NATIONAL WEEKLY SLAUGHTER SHEEP REVIEW In Australia this week the Eastern Market Indicator was down 19 at 1035 cents per Kg clean from last week. A total of 40,587 bales were offered with sales of 83.9 percent. The Australian Negotiated Sales: This Week: 4800 Last Week: 5500 Last Year: 4200 exchange rate was stronger by .0048 at .9019 percent of the U.S. dollar. The sale next week has a Compared to last week, negotiated sales of slaughter lambs were 1.00 to 2.00 higher. Formula dressed sales under 65 lbs not well tested this week; 65-85 lbs were 4.00 to 5.00 total offering of 41,788 bales. lower; 85-95 lbs 1.00 lower; Over 95 lbs not well tested. Australian wool prices are quoted delivered Charleston, South Carolina. The current freight rate is .15 cents per pound clean. Schlumberger Dry formula is used for yield determination. The 75-85 percent of Australia price range can be used as an estimated value of clean domestic WEEKLY LAMB PELTS PRICE REPORT - FOB Major Production Points prices FOB the warehouse and gross producer. These are estimated domestic values and may vary depending on current market conditions, yield, strength, length, colored fiber content, poly Per Piece Price contamination, and other quality factors. Pelt activity this week compared to last report: Pelt prices were steady. Processors are on the tail end of filling their forward sales and are concerned about the direction of the market as the calendar moves into April. PELT TYPES: PACKER, SEED FREE, MOSTLY GOOD DENSITY WOOL SHORN Price Range UNSHORN Price Range ---------------------------------------------------------SHORN PELTS | UNSHORN PELTS (Wools) (Previously Shorn) | (Never Shorn) | (suitable to tan, wool on) | Fall Clips: 7.75-11.25 | No. 1: 6.50-9.25 | Pullers: 3.00-4.50 | No. 2: 3.75-4.75 | (suitable to tan, wool on) | Springers: 8.50-14.25 No. 3 & 4: 2.75-3.75 | Mostly: 10.25-12.50 Imperial's 9.25-13.75 | | Pickling skins 1.25-1.75 | ---------------------------------------------------------Livestock Mandatory Reporting on Negotiated, Formula and Contract trades Monday March 17, 2014 through Friday, March 21, 2014 showed 14,497 pelts consisting of 45.2% wooled, 48.2% Fall Shorn No. 1, and 6.6% No. 2-4. Clean Del Price Change from 75-85 Percent Micron US Grade in U.S. Dollars Last Weeks of Australia 18 80s 5.13 - .16 3.85-4.36 19 70-80s 4.93 - .14 3.70-4.19 20 64-70s 4.80 - .13 3.60-4.08 21 64s 4.79 - .11 3.59-4.07 22 62s 4.77 - .09 3.57-4.05 23 60-62s 4.70 - .13 3.52-3.99 24 60s ---------------25 58s 3.58 - .05 2.69-3.04 26 56-58s 3.19 - .05 2.39-2.71 28 54s 2.85 - .05 2.14-2.42 30 50s 2.72 - .03 2.04-2.31 32 46-48s 2.46 - .01 1.84-2.09 Merino Clippings 3.48 - .04 2.61-2.95 Eastern Market Indicator closed Down 19 at 1035 cents per kg clean. The Australian exchange rate was stronger by .0048 at .9019 percent of the U.S. dollar. Weekly Choice & Prime 55-65# Carcass 365 330 345 310 Price Per CWT Price Per CWT Market News Sources Weekly Choice & Prime 65-75# Carcass 325 305 290 For additional information, contact these Livestock and Grain Market News locations 270 285 250 265 230 245 J F M A M J 2014 J A 2013 S O N J D F M A M J 2014 5 Yr Avg Weekly Choice & Prime 85#'s Up Carcass J A 2013 S O N D 5 Yr Avg Greeley, CO Randy Hammerstrom 970-353-9750 Weekly Ungraded 65-75# Carcass 330 320 Des Moines, IA William Worlie 515-284-4460 305 New Holland, PA Levi Geyer 717-354-2391 Price Per CWT Price Per CWT 295 270 245 220 280 255 San Angelo, TX Rebecca Sauder 915-653-1778 230 205 195 J F M A 2014 M J J 2013 A S O 5 Yr Avg N D 180 J F M A 2014 M J J 2013 A S O 5 Yr Avg N D Sioux Falls, SD Justin Lumpkin 605-338-4061