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Texas Feeder,
Fat Lambs
Hold Steady
Fat and feeder lambs in Texas markets were steady this week. Volume
remains limited, and most of the feeder weight lambs are going on to
slaughter. Slaughter ewes were around $3 lower in Texas and steady to
$1 higher on Midwest markets.
The national carcass cutout value Monday was up 86 cents for the
week at $224.91, and it moved up another $5.70 on Tuesday.
The central carcass report had lamb prices unchanged from last
week, but averages were higher. Prices were mostly $191.50-213 with
lightweights $300-350. Carcass average prices on weights over 60
pounds were $1-2 higher at $198.86-201.17, over 85 pounds $192.
Weights 40-60 pounds were $3-10 higher at $203.99-206.35. More than 85
percent of the carcasses weighed over 60 pounds last week.
Slaughter under federal inspection last week, at 59,000 head, was
the heaviest in three months.
The Mexican border is still closed for sheep, goats and cattle.
They are allowing slaughter hogs to cross, however.
There were 1308 metric tons, or around 2.9 million pounds, of lamb
and mutton imported the week ending January 24, the equivalent of 70
percent of domestic production that week. There were 1017 metric tons
of lamb and 237 metric tons of mutton.
San Angelo had 50-70 pound feeder lambs at $131-140, 70-80 pounds
$124-137, 80-90 pounds $123-134, and 90-110 pound oldcrops at
$110-113.50. Fredericksburg lambs weighing 50-70 pounds brought
$l35-147 and 70-90 pounds $135-149.50. Hamilton lambs 40-60 pounds
were $128-144, 60-80 pounds $123-134, 80-100 pounds $120-129, and over
100 pounds $95-115. Junction called 50-70 pound lambs $128-134 and
70-90 pounds $125-134. Midwest markets quoted 60-80 pound feeders
$110-125.50 and 80-115 pounds $100-112.50. Billings moved 55 pound
lambs at $112, 60-70 pounds $117-127, 70-100 pounds $117-124.50, and
100-120 pounds $108-116.
Feeder lambs of 90-100 pounds moved direct in West Texas at
$110-112. California sold 130-145 pound oldcrop feeders at $102-105
and newcrop 100-110 pounds at $110 with 115-120 pounds committed at
$105 for April and May delivery.
Fat lambs in San Angelo brought $96-109 on 90-135 pounds, 60 pound
newcrops 124, 70-80 pounds $116-118, 80-90 pounds $115-125, and 90-100
pounds $114-125. Fredericksburg sold 90-140 pound fats for $92-105 and
40-80 pounds $125-143. Goldthwaite moved 90-130 pound fats at $95-108
and 40-80 pounds $125-144. Midwest markets had fats $93-100.
Fat slaughter ewes in San Angelo brought $30-39, fleshy kinds
$48-55. Midwest ewes were $30-40, and Billings called ewes
$33.50-35.50.
Billings also moved bred mixed age stock ewes of 165-175 pounds at
$55-60.
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