Fat, Feeder
Lamb Prices
Mostly Steady
Lamb prices were mostly steady this week, with only minor price
changes in some areas. Slaughter ewes were steady to $3 higher in
Texas and steady in the Midwest markets.
The dressed trade softened slightly, but prices were in a narrow
range top to bottom. The distribution of weights was basically in
accord with the demand. Extreme differences on the Central report were
only about $11 on Friday at $157-168.50, but this could have been on
quality alone. The average prices for the week ranged $162.32-162.68
on 55 pounds and up, $163.24-165.72 on 40-45 pounds and $181 on 30-40
pounds. The Central report, or Colorado, Iowa and Texas, showed 15,768
head for the week, with 2.6 percent under 45 pounds, 16.4 percent
45-55 pounds, 67 percent 55-75 pounds, 12.4 percent 75-85 pounds and
1.5 percent over 85 pounds.
Another positive aspect of the market is that the average weight
this year is running around 10 pounds less than last year. That means
there is less mutton-flavored lamb getting onto the consumers’
dinner plates.
There were 5801 slaughter ewes exported to Mexico last week and
1000 lambs.
Lamb and mutton imports for the week ending June 22 were 1227
metric tons, or around 2.7 million pounds, the equivalent of 68
percent of domestic production that week. The year to date volume was
37,087 metric tons, up 15 percent from a year ago.
In San Angelo this week, feeder lambs weighing 40-60 pounds brought
$82-85, 60-70 pounds $76-81 and 70-90 pounds $74-77.50, a few 71
pounds at $83. Fredericksburg had 40-70 pound lambs $81-87 and 70-90
pounds $78-81. Junction feeders weighing 50-70 pounds were $76-82 and
70-90 pounds $68-75. Midwest markets quoted 60-80 pound feeders $65-75
and 80-100 pounds $55-65. Newell, S.D. called 60-70 pound lambs
$76.50-82, 70-90 pounds $76.25-80.25. Faith, S.D. termed 50-110 pound
feeders $78.75-79.25. In Billings 45-80 pound lambs were $72-80 and
80-110 pounds $76-81.
Feeder lambs moving direct in West Texas saw 40-60 pounds at $85
and 65-90 pounds $74-78. Colorado contracts had 85-105 pound lambs at
$80 for August-September delivery. North Dakota moved 60-95 pound
lambs at $75, and Wyoming lambs of 85-90 pounds made $80. In Idaho
120-135 pound feeders were committed for July-August delivery at
$81-82.10 and 100-120 pounds $80-81 for August-September.
San Angelo quoted 90-125 pound fat lambs $70-81, a few $82-84 and
70-90 pounds $72-82. Goldthwaite moved 90-110 pound fats at $68-71.50
and 40-80 pounds $75-89. Fredericksburg had 90-130 pound lambs
$60-69.50 and 40-85 pounds $75-89. Midwest markets sold fats for
$75-86.
Fat slaughter ewes in San Angelo were $28-34, fleshy $38-48.
Midwest markets priced ewes $21-25.
Yearling stock ewes in Texas markets were $81.50-90.
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