Wool prices in cents per pound and foreign currency per kilogram, sheep prices in dollars per hundredweight (cwt.) except some replacement animals on per head basis as indicated.
NATIONAL WOOL REVIEW
(USDA Market News)
Domestic wool trading on a clean basis was slow this week w ith no confirmed sales. Demand moderate to good. All prices reported on a weighted average. Prices reflect a wool sale.
Domestic wool trading on a greasy basis was slow this week with no confirmed sales. Demand moderate to good. All prices reported on a weighted average.
The FSA effective LDP rate for wool is unchanged at $.29 per pound. The FSA effective LDP rate for mohair is unchanged at $0 per pound.
NATIONAL SHEEP SUMMARY
(USDA Market News)
San Angelo, Texas
Compared to last week slaughter lambs very uneven, steady to $5 lower at New Holland, Pa., and firm to $6 higher at San Angelo, Texas; slaughter ewes steady to $4 lower, except at New Holland $5-10 higher; feeder lambs sharply higher.
At San Angelo, 3,463 head sold this week.
Equity Electronic Auction sold 310 slaughter lambs in North Dakota and 90 slaughter ewes in Nebraska. In direct trading no comparison on slaughter ewes or feeder lambs. 5,000 head of negotiated sales of slaughter lambs sold $1 lower and 9,700 head of formula sales were $3 lower. 7,754 lamb carcasses sold with 65 lbs. and down steady; 65 lbs. and up $.58-1.33 higher.
SLAUGHTER LAMBS Choice and Prime 2-3 90-160 lbs.:
San Angelo: shorn and wooled 105-155 lbs. $169-180, few $182-185.
SLAUGHTER LAMBS Choice and Prime 1:
San Angelo: 40-60 lbs. $200-212, set 216; 60-70 lbs. $190-206; 70-80 lbs. $182-200; 80-85 lbs. $190-196; 90-100 lbs. $174-182.
DIRECT TRADING: (lambs FOB with 3-4 percent shrink or equivalent)
5,000 Slaughter Lambs shorn and wooled 125-180 lbs. $138-165.73 (wtd avg $154.66); no dressed sales reported.
Oregon: 400 Feeder Lambs 115-125 lbs. $165. 300 Slaughter Ewes Utility and Good 1-3 $70.
Idaho: 900 Feeder Lambs 115-125 lbs. $120 for August-September delivery.
San Angelo: Good 2-3 (fleshy) $78-82; Utility and Good 1-3 (medium flesh) $86-96; Utility 1-2 (thin) $74-84; Utility and Cull 1-2 (very thin) $64-74; Cull 1 (extremely thin) $60-62.
FEEDER LAMBS Medium and Large 1-2:
San Angelo: 60-95 lbs. $185-194; new crop 70-90 lbs. $202-216.
REPLACEMENT EWES Medium and Large 1-2:
San Angelo: no test.
NATIONAL WEEKLY LAMB CARCASS Choice and Prime 1-4:
Weight Wtd. avg.
45 lbs. down $368.95
45-55 lbs. $332.51
55-65 lbs. $312.65
65-75 lbs. $299.18
75-85 lbs. $293.99
85 lbs. and up $291.24
Sheep and lamb slaughter under federal inspection for the week to date totaled 36,000 compared with 37,000 last week and 42,000 last year.