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U.S. National Lamb Market UpdateST. JOSEPH - Jul 11/05 - SNS -- The USDA issued its latest national report on lamb market conditions in the United States, showing market volume and prices.
NATIONAL DAILY LAMB REPORT (NEGOTIATED AND FORMULA PURCHASES) - DOMESTIC ONLY
Receipts: Negotiated Formula
This Period 2,776 0
Week to Date 2,776 0
Last Week Total 3,739 15,145
Last Year Total 8,412 13,222
Comments:
Compared to Friday, cash sales of slaughter lambs were mostly steady on
moderate trading. Not enough formulated sales today to estalbish a market.
The latest formula market is printed below.
NEGOTIATED PURCHASES -
Slaughter Lambs: Live Basis - Choice and Prime
Head Weight Wtd Avg Wtd Avg Price Wtd Avg
Count Range Weight Dr pct Range Price
Wooled
and 2,776 125-155 146.5 51.6 102.00-117.00 108.72
Shorn
FORMULA PURCHASES - As of July 8, 2005
Slaughter Lambs: Carcass Basis - Choice and Prime
Head Weight Wtd Avg Wtd Avg Price Wtd Avg
Count Range Weight Dr pct Range Price
56 under 55 lbs 50.2 46.4 216.44-216.44 216.44
624 55-65 lbs 58.1 48.9 209.27-220.00 210.93
593 65-75 lbs 68.7 49.2 220.00-223.91 222.45
2,325 75-85 lbs 79.1 51.6 217.56-222.92 220.63
over 85 lbs -
Source: USDA Market News Service, St. Joseph, MO
--- STAT News Service
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