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Weekly National Market Prices for Wool

MARKET NEWS

Weekly National Market Prices for Wool

The U.S. Department of Agriculture’s prices for wool can be accessed at www.fsa.usda.gov/FSA/webapp?area=home&subject=prsu&topic=col-nl-wm. The effective repayment rate is the lower of either the 30-day average or weekly rate.


Market Summary, Week ending November 7, 2014
Feeder Prices, San Angelo: 50-60 lbs. for 222-236 $/cwt., 60-70 lbs. for 208-226 $/cwt.; 70-80 lbs. for 204-218 $/cwt., 80-90 lbs. for 195-208 $/cwt., 90-115 lbs. for $190/cwt.
Slaughter Prices – Negotiated, wooled and shorn, 121-170 lbs. for 155-175 $/cwt. (wtd. ave. 164.61); wooled and shorn pkg 171 lbs. for $151/cwt.
Slaughter Prices – Formula1, 3,481 head at 308.78-329 $/cwt. for 71 ave. lbs.; 2,462 head at 288.75-340 $/cwt. for 78.8 ave. lbs.
Equity Electronic Auction, wooled 125 lbs. for $175/cwt., 135 lbs. for $171/cwt.; 140 lbs. for $163/cwt.
Cutout Value/Net Carcass Value2, $343.28/cwt.
Carcass Price, Choice and Prime, YG 1-4, $/cwt., weighted averages, 1,195 head at 55-65 lbs. for 350.74, 2,276 head at 65-75 lbs. for 342.89, 2,006 head at 75-85 lbs. for 332.35, 762 head at 85 lbs. and up for 322.02.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4″ Loins 535.12, Rack, roast-ready, frenched (cap-on) 1,551.95, Rack, roast-ready, frenched special (cap-off) 1,987.23, Leg, trotter-off, partial boneless 502.27, Shoulder, square-cut 309.63, Ground lamb 555.85.
Imported Boxed Lamb, weighted average prices ($/cwt.), AUS Rack (fresh, frenched, cap-off, 28 oz/up) 1,142.85, AUS Shoulder (fresh, square-cut) 267.31, AUS Leg (fresh, semi boneless) 427.27, AUS Rack (frozen, frenched, cap-off, 28 oz/up) 1,057.28, NZ Rack (frozen, frenched, cap-off, 20 oz/up) 249.55, AUS Shoulder (frozen, square-cut) 249.55.
Exported Adult Sheep, 320 head
Wool, Price ($/pound) Clean, Delivered, From 21 weeks ago: 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) 4.21, 23 micron (Grade 62s) 4.11, 24 micron (Grade 60-62s) 3.53, 25 micron (Grade 58s) 3.31, 26 micron (Grade 56-58s) 2.65-2.91, 27 micron (Grade 56s) 2.43, 28 micron (Grade 54s) NA, 29 micron (Grade 50-54s) NA, 30-34 micron (Grade 44-50s) 1.48.
Australian Wool, Clean, delivered FOB warehouse & gross producers ($/pound) 18 micron (Grade 80s) 3.79-4.30, 19 micron (Grade 80s) 3.60-4.08, 20 micron (Grade 70s) 3.49-3.95, 21 micron (Grade 64-70s) 3.47-3.94, 22 micron (Grade 64s) 3.44-3.89, 23 micron (Grade 62s) 3.39-3.84, 24 micron (Grade 60-62s) NA, 25 micron (Grade 58s) 2.78-3.16, 26 micron (Grade 56-58s) 2.49-2.82, 28 micron (Grade 54s) 2.11-2.39, 30 micron (Grade 50s) 2.01-2.28, 32 micron (Grade 46-48s) 1.89-2.14, Merino Clippings 2.40-2.72.
1Prices reported for the two weight categories of the largest volume traded. Second, multiplying the carcass prices by an estimated 50.4% dressing percentage yields live weight prices. 2The 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.
Source: USDA’s AMS

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