USDA WEEKLY NATIONAL LAMB MARKET SUMMARY
Livestock, Meat, Wool, Pelt, & International Markets
Friday, April 16, 2010
Vol. 17 No. 16
Replacement Ewes: Medium and Large 1-2:
San Angelo: Ewes and lambs 56.00 per head.
Ft. Collins: no test.
Billings:
Bred mixed age ewes 95.00-117.50 per head; mixed age
Weekly Trends: Compared to last week slaughter lambs mostly steady to 6.00 higher,
ewes with lambs 115.00-175.00 per family.
except light lambs at New Holland steady to 2.00 lower; slaughter ewes mostly steady to
So Dakota:
Bred baby tooth 161.00 per head; bred solid mouth
5.00 higher; feeder lambs not well tested. At San Angelo, TX 4531 head sold in a one day
152.50-176.00 per head.
sale. Equity Electronic Auction sold 420 slaughter lambs in Wisconsin and Illinois.
Kalona, IA: no test.
In direct trading slaughter ewes steady; feeder lambs steady to 3.00 higher. All sheep
Missouri:
Ewes and lambs 155.00 per family.
sold per hundred weight (CWT) unless otherwise specified.
Oklahoma:
no test.
Virginia:
no test.
Slaughter Lambs: Choice and Prime 2-3 90-160 lbs:
San Angelo:
shorn and wooled 100-155 lbs 108.00-118.00, few 118.00-122.00.
Eastern Area
(VA and PA):
wooled 110-130 lbs 130.00 in VA and in PA 90-110 lbs
NATIONAL DAILY LAMB CARCASS
168.00-185.00; 110-130 lbs 154.00-172.00; 130-150 lbs
144.00-162.00.
Inter Mt Area
Negotiated sales for delivery within 14 calendar days, FOB Plant basis.
(CO, WY and MT) wooled 159 lbs 118.00.
Oklahoma:
100-140 lbs no test.
Compared to last week: Carcasses traded firm to higher, with 55#'s and
Missouri:
wooled 100-115 lbs 75.00-100.00.
down sharply higher; 55-65#'s mostly steady; 65-75#s 0.94-1.36 higher;
Equity Elec:
shorn and wooled 123 lbs 140.25; 125 lbs 126.00.
85#s and up 2.29 higher.
Slaughter Lambs: Good 1: high yielding
San Angelo:
40-60 lbs 146.00-160.00; 60-70 lbs 146.00-159.00; 70DAILY CHOICE AND PRIME, YG 1-4
Head 795
80 lbs 140.00-156.00; 80-90 lbs 142.00-154.00; 90-105
lbs 132.00-154.00.
Weight
Head
Wt Avg
Pennsylvania: 40-60 lbs 184.00-200.00; 60-80 lbs 177.00-195.00.
45-DN
34
401.50
Inter Mt Area: 45-60 lbs 145.00-160.00; 70-75 lbs 135.00-150.00; 8045-55#
120
290.06
105 lbs 125.00-138.00.
55-65#
106
272.24
Missouri:
30-50 lbs 122.50-159.00; 50-70 lbs 155.00-170.00; 7065-75#
218
238.57
80 lbs 121.00-170.00; 80-95 lbs 155.00-165.00.
75-85#
116
237.09
Virginia:
60-80 lbs 120.00; 80-110 lbs 130.00.
85-UP
201
234.00
Direct Trading:
(lambs fob with 3-4 percent shrink or equivalent)
CA:
39200: Feeder Lambs 110-125 lbs 120.00-125.00 for Apr-May.
* SAT-FRI CHOICE AND PRIME, YG 1-4
Head 9,377
800: Feeder Lambs 120-125 lbs 120.00 for May-June.
UT:
2000: Feeder Lambs 95-100 lbs 105.00 for Oct delivery.
Weight
Head
Wt Avg
Eastern
45-DN
213
341.57
Cornbelt: 900: Slaughter Lambs wooled Choice and Prime 2-3 90-110 lbs
45-55#
380
282.63
110.00. Good and Choice 1-2 60-90 lbs 135.00.
55-65#
1,072
253.08
Slaughter Ewes Utility and Good 1-3 43.00-45.00; Cull
65-75#
2,154
236.19
and Utility 1-2 32.00-36.00.
75-85#
3,693
229.96
Slaughter Ewes:
85-UP
1,865
224.26
San Angelo: Good 3-4 (very fleshy) 40.00; Good 2-3 (fleshy) 44.0049.00; Utility and Good 1-3 (medium flesh) 50.00-60.00,
few 61.00-62.00; Utility 1-2 (thin) 40.00-50.00; Cull
and Utility 1-2 (very thin) 30.00-40.00.
Pennsylvania: Good 2-3 (fleshy) 58.00-86.00; Utility 1-2 (thin) 48.00-67.00.
USDA NATIONAL LAMB ESTIMATED GRADING PERCENT
Ft. Collins: Good 3-4 (very fleshy) 33.00-46.00; Good 2-3 (fleshy)
49.50-56.00; Utility 1-2 (thin) 38.00-48.00; Cull 1
(extremely thin) 27.00-32.50.
Week Ending 4/3/2010: Actual FIS Sheep Slaughter 56,288 head. 52,419 Lambs,
Billings, MT: Good 3-4 (very fleshy) 35.00-52.50; Good 2-3 (fleshy)
93.1% of total sheep slaughtered. 32,440 graded, 61.89% of total lambs
52.00-57.00; Utility and Good 1-3 (medium flesh) 52.00slaughtered.
57.00; Utility 1-2 (thin) 46.00-55.502; Cull and Utility
-----------------------------------------------------------------------1-2 (very thin) 29.00-42.00; Cull 1 (extremely thin) 35.00-38.50.
So Dakota:
Good 2-3 (fleshy) 44.50; Utility 1-2 (thin) 39.50; Cull
1 (extremely thin) 23.75.
GRADE BREAKDOWN
Yield Grade
(May include hindsaddles)
Oklahoma:
Utility and Good 1-3 (medium flesh) no test.
Quality
1
2
3
4
5
Total
Missouri:
Utility and Good 1-3 (medium flesh) 41.00-47.00.
Virginia:
Good 2-4 60.00; Utility 1-2 (thin) 20.00-62.00.
Prime
0.00%
1.57%
3.07%
1.26%
0.23%
6.13%
Kalona:
Good 2-3 (fleshy) no test; Utility 1-2 (thin) no test.
Choice
4.05% 46.54% 36.70%
5.91%
0.68%
93.87%
NATIONAL SHEEP SUMMARY
Feeder Lambs:
Medium and Large 1-2:
San Angelo: 68 lbs 154.00.
Inter Mt area:65-70 lbs 123.00-145.00; 75-80 lbs 123.00-145.00; 85-90
lbs 123.00-145.00; 90-115 lbs 123.00-135.00.
So Dakota:
80 lbs 153.00; 93 lbs 129.00; 100-105 lbs 129.00-132.00.
Missouri:
30-40 lbs 140.00.
Total %
4.05%
48.10%
39.77%
7.17%
0.91%
HIGHLIGHTS
Wtd Avg Prices (unless otherwise noted)
SLAUGHTER LAMBS
Choice & Prime 2-3
Shorn & Wooled (130 - 180 pounds)
Latest Last Wk Last Yr
San Angelo, TX
114.08 116.87 88.80
El Reno, OK (Simp1e
Avg)
N/Q 110.50 91.00
Ft Collins, CO
N/Q
N/Q
N/Q
SLAUGHTER EWES
Good 2-3 & Good 3-4
Latest Last Wk Last Yr
San Angelo, TX
42.94 52.02 37.30
St. Onge, Newell, SD
44.50 41.00
N/Q
Ft. Collins, CO
49.78 51.47 42.03
Billings, MT
46.10
N/Q
41.90
FEEDER LAMBS
Medium-Large 1-2 (90-110 pounds)
Latest Last Wk Last Yr
San Angelo, TX
154.00
N/Q
N/Q
St. Onge, Newell, SD
131.03 133.07
N/Q
Ft. Collins, CO
N/Q
N/Q
N/Q
CARCASS LAMB
FOB PLANT WT AVG
Last Week
45#-Dn
45-55#
55-65#
65-75#
75-85#
85#-Up
459.06
283.77
247.15
234.85
231.22
224.27
Last Year
45#-Dn
45-55#
55-65#
65-75#
75-85#
85 U
400.86
273.53
227.76
207.31
194.07
192 00
Latest
401.50
290.06
272.24
238.57
237.09
234.00
NATIONAL WEEKLY COMPREHENSIVE LAMB CARCASS
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.
Combined Negotiated, Formula and Forward Contract sales for
delivery within 14 calendar days, FOB Plant basis.
Current Volume
Fresh Cuts
983,670 pounds
Frozen Cuts
211,603 pounds
--------------------------------------------------------------------------*Items with no entries indicate non-reportable trades.*
*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
--------------------------------------------------------------------------204 Rack, 8-Rib, light
8
974
$546.97
(1.00)
204 Rack, 8-Rib, medium
114 31,892
$546.55
(0.53)
204 Rack, 8-Rib, heavy
10
3,041
$528.29
0.42
204A Rack, chined
50 12,794
$644.69
28.85
204B Rack, roast-ready
20
4,775
$831.58
(1.53)
204C Rack, roast-ready, frenched
178 20,729 $1,094.39
(3.02)
204D Rack, roast-ready, special
23
3,263 $1,361.75
(52.28)
206 Shoulders
118 113,918
$209.63
(0.09)
207 Shoulders, square-cut
203 137,811
$228.73
0.57
208 Shoulders, square-cut, bnls
47 18,580
$284.25
5.93
209 Breast
117 40,981
$102.95
(0.28)
Breast, bulk
27 31,415
$74.16
(1.39)
209A Ribs, Breast bones off
35
2,883
$354.68
(7.37)
210 Foreshank
252 35,655
$334.48
2.29
230 Hindsaddle
5
282
$319.96
4.37
231 Loins
38
5,042
$324.01
(1.80)
232 Loins, trimmed 4x4
116 23,985
$395.98
7.56
232 Loins, trimmed 2x2
7
97
$647.63
12.00
232 Loins, trimmed 1x1
23
8,488
$598.42
10.98
232 Loins, trimmed 0x0
9
303 $1,186.36
(15.54)
232A Loins, short-cut, 2x2
16
3,149
$451.82
7.31
232A Loins, short-cut, 1x1
89 15,770
$602.07
8.10
232A Loins, short-cut, 0x0
40 11,127
$612.72
6.94
232C Loin, boneless, tied
7
402 $1,246.17
15.34
232E Flank, untrimmed
17 12,914
$48.07
(0.51)
233 Legs
57 25,023
$340.27
(2.19)
233A Leg, trotter-off
197 56,276
$342.75
(3.71)
233C Leg, trotter-off, partial bnl
46
7,929
$458.42
(7.35)
233E Leg, steamship
24
6,768
$423.11
5.56
233F Hindshank
113 20,524
$324.28
(4.55)
234 Leg, Boneless, Tied
167 45,627
$477.56
(8.43)
234A Leg, shank off, bnls
51
5,503
$526.85
2.35
234E Leg, inside, boneless
101 18,114
$556.54
4.71
234G Sirloin, boneless
28
1,545
$502.51
(59.93)
236 Back, trimmed
19
188
$625.99
1.03
238 Trimmings
32
4,961
$250.50
1.08
239 Special trimmings
23
1,480
$287.72
11.26
245 Sirloin
3
728
$467.40
246 Tenderloin
4
69
$667.20
295 Lamb for stewing
40
6,587
$484.83
0.97
296 Ground lamb
109 17,731
$394.37
0.43
Necks
35
4,968
$84.39
(0.71)
--------------------------------------------------------------------------FROZEN CHOICE & PRIME CUTS
# Of
Total Weighted Change from
IMPS Sub-Primal
Trades
Pound
Average
Prior Days
--------------------------------------------------------------------------204 Rack, 8-Rib, medium
3
8,185
$435.67
(0.99)
209 Breast
3 10,076
$83.03
(1.12)
Breast, bulk
3 43,410
$78.79
0.00
209A Ribs, Breast bones off
7
498
$297.86
(0.71)
210 Foreshank
10
5,044
$298.22
(4.35)
232 Loins, trimmed 0x0
3
1,926
$681.99
232E Flank, untrimmed
4 16,471
$46.12
(10.51)
233F Hindshank
11
7,849
$278.76
1.13
234 Leg, Boneless, Tied
12
3,781
$491.74
9.11
234E Leg, inside, boneless
26
5,317
$573.99
(0.31)
234G Sirloin, boneless
4
3,926
$347.63
1.21
236 Back, trimmed
3
251
$303.03
238 Trimmings
7 10,600
$84.07
(1.01)
295 Lamb for stewing
22
4,839
$439.31
23.50
296 Ground lamb
38
4,796
$363.45
3.78
Necks
29 34,319
$68.58
1.88
CHOICE AND PRIME, YG 1-4
Weight
45-DN
45-55#
55-65#
65-75#
75-85#
85-UP
Head
Head
213
386
1,072
2,697
4,176
2,039
Weight
45-DN
45-55#
55-65#
65-75#
75-85#
85-UP
13,941
12,944
12,323
10,991
6,024
65
-----56,288
Total
Wt Avg
Lambs & Yearlings 93.1%
Mature Sheep
6.9%
CERTIFIED FRESH AMERICAN LAMB
Head
Head
RED MEAT PRODUCTION
(Estimated, except *Actual*)
Wt Avg
UNGRADED
Weight
45-DN
45-55#
55-65#
65-75#
75-85#
85-UP
Monday
Tuesday
Wednesday
Thursday
Friday
Saturday
Head
Head
0
0
0
Weight
For W/E 04/03/2010
10,583
Wt Avg
341.57
282.99
253.08
235.77
229.61
224.07
CHOICE AND PRIME, YG 5
ACTUAL SLAUGHTER
UNDER FEDERAL
INSPECTION
Head
Head
40
37
57
76
39
38
287
Production Mil.Lbs.
Wt Avg
264.98
268.51
219.89
188.05
167.24
166.14
17-Apr-2010
10-Apr-2010
Change
*18-Apr-2009*
Change
2010 YTD:
*2009 YTD: *
Change
*03-Apr-2010*
USDA ESTIMATED NATIONAL LAMB CARCASS CUTOUT
2.5
2.6
-3.8%
3.4
-26.5%
47.4
49.5
-4.2%
3.4
Based on 5-Day Rolling weighted average FOB plant prices collected
under Mandatory Price Reporting and industry yields.
CUTS
FOB PRICE
CHANGE % CARCAS LBS.
FORESADDLE
RACK, 8-RIB MEDIUM
546.55
-0.53
10.77%
6.57
BREAST **
85.84
-1.11
8.85%
5.40
SHOULDERS, SQ-CUT
228.73
0.57
23.53%
14.35
FORESHANK
334.48
2.29
3.82%
2.33
NECK **
70.58
0.66
2.22%
1.36
HINDSADDLE
232 LOINS, TRIMMED 4X4
395.98
7.56
10.97%
6.69
232E FLANK UNTRIMMED **
46.98
-6.75
3.39%
2.07
233A LEG, TROTTER OFF
342.75
-3.71
31.88%
19.45
----------------------------------------------------------------GROSS CARCASS VALUE:
288.98
-0.50
95.45%
58.22
204
209
207
210
FORESADDLE VALUE
HINDSADDLE VALUE
273.69
333.70
0.16
-1.26
49.20%
46.24%
30.01
28.21
Carcass value less process/packaging per cwt cost of $31.50
NET CARCASS VALUE
257.48
-0.50
* Shrink and trim of 2.78 lb's not reflected in cutout value
* Based on Actual Federally Inspected Slaughter Carcass Weight
of 61 lbs. for W/E 4/03/2010, down 6 pounds with last week.
*Includes Fresh and Frozen Product
Average Live
Weights
17-Apr-2010
10-Apr-2010
*18-Apr-2009*
*03-Apr-2010*
132
139
128
121
Dressed
17-Apr-2010
10-Apr-2010
*18-Apr-2009*
*03-Apr-2009*
66
70
64
61
Slaughter
17-Apr-2010
10-Apr-2010
Change
*18-Apr-2009*
Change
2010 YTD:
*2009 YTD:
Change
38,000
38,000
0.0%
52,000
-26.9%
673,000
693,000
-2.9%
NEW ZEALAND MEAT AND WOOL EXPORT SUMMARY
LAMB & MUTTON IMPORTS
***This report will be discontinued May 1, 2010***
LAMB: Despite the per capita global lamb consumption being down, total volumes consumed
have not declined. The growing population and a reducing global sheep flock are driving a
rise in lamb prices in most markets. The European lambing season has been hindered by the
cold winter and spring, leaving a shortage of early domestic supply and a corresponding lift
in domestic pricing. This will have assisted the Easter trade of NZ lamb where initial
reports are of a reasonable trading period. Schedules across the country are steady this
week with a 17.5kg lamb priced at $4.20/kg to $4.70/kg.
Week Ending
Week Ending
04/10/10
04/03/10
Lamb ($/Head)
Fat Cover
(mm)
0-6
7-12
7-12
24 lbs
33 lbs
46 lbs
Pelt
21.19
46.01
63.25
21.31
46.26
63.57
0.39
0.39
36.26
36.43
348.36
262.63
113.85
349.72
263.54
117.48
2 lb
Ewe ($/Head)
46 lbs
Wool (c/cwt clean)
Fine
Medium
Coarse
(microns)
21
25
35
Notes: All prices are U.S. Dollars./ All meat prices are carcass based and net to farmers.
Lamb values include a 1 kg shorn pelt. Ewe values at 0.5 kg pelt.
METRIC TONS OF LAMB FOR REPORTING PERIOD:
2/21/10-2/27/10
COUNTRY OF ORIGIN Manufact Carcasses
Cuts Misc Fresh Processed
Australia
0
12
243
0
0
Canada
0
0
0
0
0
New Zealand
0
66
370
18
0
Other
0
0
0
0
0
Total
0
Total
0
LAMB
Wk Ending
Prev Week
Year Ago
2009 YTD
2010 YTD
27-Feb-10
20-Feb-10
28-Feb-09
2010 to 2009 by %
%Change
-1.8%
-2.3%
3.8%
-0.2%
TEXAS SHEEP EXPORT FIGURES
THURSDAY, 04/15/2010
WEEK-TO-DATE YR-TO-DATE
*2010*
PREV YTD
*2009*
Slaughter
Lambs
Ewes
Breeding Males
Breeding Females
0
2,045
0
0
0
2,967
0
0
0
27,911
0
0
0
19,635
0
0
Total
2,045
2,967
27,911
19,635
18
2/21/10-2/27/10
0
0
0
0
0
0
0
0
0
Canada
0
709
2
0
9
0
2
0
9
0
0
11
N Zeal
Other
0
0
0
0
6
255
448
741
4228
4180
0
0
0
0
1
454
438
375
2629
2690
98.86%
503.45%
102.34%
11
Total
709
886
747
6857
6877
100.29%
NATIONAL WEEKLY LAMB CARCASS AND LAMB CUTS - IMPORTED
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.
*Items with no entries indicate non-reportable trades*
AUS = Australian
NZ = New Zealand
Negotiated Sales 0-21 days:
Negotiated Sales 22/Up days
CANADIAN FEDERALLY INSPECTED SLAUGHTER
Cattle:
Calves:
Sheep:
Hogs:
613
0
Australia
WEEKLY VOLUME
Current Week Ago Year Ago
YTD
YTD
04/03/10 03/27/10 04/04/09
2010
2009
50,744
62,092
53,581
775,638
790,244
4,357
4,641
4,727
61,189
62,637
4,049
5,683
5,810
43,504
41,927
369,527
407,916
410,105 5,383,366 5,394,464
79
METRIC TONS OF MUTTON FOR REPORTING PERIOD:
Australia
0
0
Canada
0
0
New Zealand
0
0
Other
0
0
TOTAL
255
0
454
0
PERCENT
CHANGE
+ 42.15%
Fresh Cuts
Frozen Cuts
=
=
769,743 Pounds
670,408 Pounds
Fresh Cuts
Frozen Cuts
=
=
2,429
Pounds
Pounds
-------------------------------------------------------------------------------NEGOTIATED SALES 0-21 DAYS, FRESH
# of
Total
Weighted
Sub-Primal
Trades
Pounds
Price Range
Average
-------------------------------------------------------------------------------AUS Rack, CFO, Cap-on, 34 oz/up
3
8,039
540.00- 620.00
614.95
AUS Rack, FR, Cap-off, 20-24 oz
8
1,713
764.00- 887.00
872.48
AUS Rack, FR, Cap-off, 24-28 oz
25
9,721
845.00- 965.00
885.12
AUS Rack, FR, Cap-off, 28 oz/up
18
8,013
780.00- 955.00
879.54
AUS Shoulder, Square-cut
19
96,837
211.00- 275.00
221.43
AUS Shortloin, 1-Rib, 1x1
13
7,503
399.00- 542.00
468.71
AUS Leg, semi bnls
15
15,353
288.00- 415.00
338.63
AUS Leg, bnls
52
22,337
376.00- 467.00
408.30
-------------------------------------------------------------------------------NEGOTIATED SALES 0-21 DAYS, FROZEN
# of
Total
Weighted
Sub-Primal
Trades
Pounds
Price Range
Average
-------------------------------------------------------------------------------AUS Carcass, 35 lb/up
3
332
292.00- 297.00
292.32
AUS Rack, FR, Cap-off, 20 oz/dn
18
18,400
588.00- 734.00
614.01
AUS Rack, FR, Cap-off, 20-24 oz
29
16,649
550.00- 862.00
667.79
AUS Rack, FR, Cap-off, 24-28 oz
4
1,786
590.00- 912.00
739.44
AUS Rack, FR, denuded, 15 oz/dn
3
2,068
777.00- 795.00
782.91
AUS Foreshank, LP
18
64,077
190.00- 247.00
205.73
AUS Shortloin, 1-Rib, 1x1
4
3,094
317.00- 460.00
334.16
AUS Leg, Long
8
39,112
225.00- 367.00
250.06
AUS Hindshank, LP
5
1,393
281.00- 305.00
289.76
AUS Leg, bnls
10
28,541
300.00- 430.00
309.39
AUS Tenderloin
4
2,540
742.00- 927.00
775.31
NZ Rack, 8-Rib, Standard
11
4,959
327.00- 370.00
337.29
NZ Rack, FR, Cap-off, 12 oz/dn
12
11,740
400.00- 737.00
646.13
NZ Rack, FR, Cap-off, 20 oz/up
24
25,225
590.00- 725.00
630.55
NZ Loin, Eye of, ss-off, 6 oz/up
6
283
867.02-1,037.01
956.58
NZ Flap, LP
6
15,927
156.00- 169.00
161.36
Regional Weekly Summaries
MOUNTAIN AREAS AND WESTERN UNITED STATES DIRECT SHEEP
Receipts: 42,005
Last Week: 23,060
Last Year: 10,100
Compared to last week: feeder lambs steady to 3.00 higher. Demand very good. Trade
activity active. All of the supply comprised of feeder lambs. Feeder lamb sales FOB
with overnight stand or equivalent 3-4 percent shrink unless otherwise noted. The state
identified is the state of origin. Prices quoted per cwt. Current delivery unless
otherwise noted.
SOUTH CENTRAL DIRECT SHEEP
Feeder Lambs: Trading at a standstill in the area this week. Supplies are limited.
Bids and asking prices are still too far apart for trades. Rain throughout the area
further slowing trade. Slaughter Lambs: TX: None. Slaughter Ewes: TX: None.
Replacement Ewes: TX: None.
EASTERN CORNBELT DIRECT SHEEP
Total sheep and lamb sales: 926
Last Week: 722
Year ago: 1211
Compared to last week, slaughter lambs sold 5.00 to 10.00 lower in a light test.
Slaughter ewes sold unevenly steady. Slaughter kid goats traded steady to 5.00 lower.
Slaughter bucks and nannies sold 3.00 to 5.00 higher. Demand was moderate for light to
moderate offerings of all classes of sheep and goats. This week's supply was made up of
66% lambs and 34% slaughter ewes; with an additional 752 head of goats.
NATIONAL WEEKLY SLAUGHTER SHEEP REVIEW
Negotiated Sales: This Week: 3000
Last Week: 3400
Last Year: 3300
Compared to last week, negotiated cash sales of slaughter lambs were mostly 1.00
higher. For the week, formulated sales of slaughter lambs sold 4.00 to 5.00 higher.
Negotiated sales fob unless otherwise noted.
WEEKLY LAMB PELTS PRICE REPORT - FOB Major Production Points
Per Piece Price
Pelt activity this week compared to last week: Packer sorted green
salted pelts were steady with firm undertones. Demand moderate as
foreign markets begin to offer more competitive prices this week,
however light supply and low kill counts allow for stronger bargaining
positions.
PELT TYPES:
PACKER, SEED FREE, MOSTLY GOOD DENSITY WOOL
SHORN
Price Range
UNSHORN
Price Range
-------------------------------------------------------Fall Clips
4.25 - 9.00
Wools
5.00 8.00
(suitable to tan. wool on) Pickling skins
1.00 3.00
No. 1
3.00 - 8.00
Springers:
4.00 7.50
No. 2
1.00 - 5.00
Western Slope,
No. 3
1.00 - 3.00
California,
No. 4
1.00 - 3.00
Idaho,
Kansas,
Imperial's
Midwest,
3.00 7.00
Fall Clips
11.00-12.00
Native(Gray)
No. 1
No. 2
-------------------------------------------------------Livestock Mandatory Reporting on Negotiated, Formula and Contract
trades Saturday through Friday showed 15,610 pelts consisting of 12.09%
wooled, 81.93% Fall Shorn No. 1, 5.98% No. 2, and 0.00% No. 3&4.
NATIONAL WOOL REVIEW
Domestic wool trading on a clean basis was slow this week. With confirmed sales of
299,000 lbs this week. Demand moderate. All prices reported on a weighted average
price. Texas and New Mexico 20 micron prices include clips bellies in and out. Texas
and New Mexico 19 and 21 micron represent choice clips.
Domestic clean wool, confirmed trades, and 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
80'S
70-80'S
64-70'S
64'S
62'S
60-62'S
60'S
58'S
56-58'S
54-56'S
54'S
50-54'S
44-50'S
Fleece
States
NA
3.48
3.44
3.21
3.17
2.92
2.52
None
None
None
None
None
None
Territory
States
None
None
3.65*
3.36*
3.13*
2.72
2.62*
2.38*
1.89
1.65
None
None
None
Texas and
New Mexico
None
3.89*
3.15*
3.62*
None
None
None
None
None
NA
NA
NA
NA
Domestic wool trading on a greasy basis was slow this week. With confirmed sales of
50,000 lbs this week. Demand moderate. All prices reported on a weighted average price.
Territory States Lamb wool 19-20 micron average 70 mm BO Pack 1.76; Bellies .87, black
face .42. Texas and New Mexico bellies 1.00.
Domestic wool tags are delivered to buyer and reported on a greasy basis:
Number 1 tags
Number 2 tags
Number 3 tags
.35-.40
.20-.30
.10-.15
The FSA effective LDP rate for wool is unchanged at .29 per pound.
The FSA effective LDP rate for mohair is unchanged at .00 per pound.
In Australia this week the Eastern Market Indicator was down 17 at 883 cents per Kg
clean from the last sale week ending April 02, 2010. A total of 51,369 bales were
offered with sales of 75.5 percent. The Australian exchange rate was weaker by .0180 at
.9340 percent of the US dollar. The sale next week has a total offering of 46,496 bales.
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 75-80 percent of Australia price range can be used as an estimated value of clean
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 contamination, and other quality factors.
Micron
US Grade
18
80’s
19
70-80’s
20
64-70’s
21
64’s
22
62’s
23
60-62’s
24
60’s
25
58’s
26
56-58’s
28
54’s
30
50’s
Merino Clippings
Clean Del Price
in US Dollars
4.95
4.65
4.13
4.03
3.97
3.88
3.72
2.97
2.60
2.01
1.78
2.85
Change from
Last Week
+ .03
+ .04
+ .04
+ .01
- .01
- .06
- .02
----+ .02
+ .03
+ .01
- .08
75-80 Percent
of Australia
3.72-3.96
3.49-3.72
3.10-3.30
3.02-3.23
2.98-3.18
2.91-3.11
2.79-2.98
2.23-2.37
1.95-2.08
1.51-1.61
1.33-1.42
2.14-2.28
Eastern Market Indicator closed down 17 at 883 cents per kg clean.
Australian exchange rate was weaker by .0180 at .9340 percent of the US dollar.
Market News
Sources
For additional
information, contact these
Livestock and Grain
Market News locations
Des Moines, IA
Bill Sumpter
515-284-4460
Greeley, CO
Jodie Pitcock
970-353-9750
New Holland, PA
Levi Geyer
717-354-2391
San Angelo, TX
Rebecca Sauder
915-653-1778
Sioux Falls, SD
Justin Lumpkin
605-338-4061
Springfield, IL
Kim Harmon
217-782-4925