Lamb Meat
Suffers
More Loss
Heavy lamb carcasses took another hit last week and
weight continues to be a critical factor. Carcasses under
55 pounds were $2 higher at $168 and 55-65 pounds were
steady at $166. Weights of 65-75 pounds were $4 lower at
$162, 75-85 pounds $4 lower at $152, and those over 85
pounds $6 off at $142.
So far this year, sheep and lamb slaughter is down 8.3
percent but lamb and mutton production is down only 4.8
percent. With the number of heavy lambs being
slaughtered, feedlots appear to be putting more weight on
lambs than is realistic, especially with those sharp
discounts. But slaughter continues at a reduced rate, and
it isnt fast enough to eliminate the heavies. Lambs
on feed continue to put on weight as they are waiting to
be slaughtered. If slaughter rates were bumped up 10,000
or 15,000 head per week, the backlog would soon be
eliminated.
Despite the discount on heavy carcasses and heavy
lambs, cutout values continue to show a slight price
advantage on heavy carcasses. On Wednesday both weight
brackets were up 88 cents with heavies at $186.26 and
lights $185.71.
San Angelo feeder lambs weighing 40-60 pounds brought
$97-100, 60-80 pounds $94-100, 80-90 pounds $90-95 and
90-100 pounds $86-90. Fredericksburg lambs were mostly
$100-109 with most of those over $105 being blackfaces.
Goldthwaite lambs weighing 50-80 pounds brought $90-95.
In the Midwest markets 45-55 pound lambs brought
$94-95, 60-80 pounds $87-92 and 80-100 pounds $82-87.50.
Newell, S.D., sold 60-70 pound feeders for $111-123.50,
70-80 pounds $101.50-111. Billings quoted 55-60 pound
offerings $87, 65-80 pounds $89-94.50, 80-90 pounds
$85.50-94.75, 90-100 pounds $79-85, and 100-110 pounds
$75.50-81.
Feeder lambs moving direct in West Texas brought
$92-96 on 70-85 pounds, 65-75 pounds $100-102 and 90-95
pounds $85. Recent sales in Nebraska saw 96 pound lambs
making $81. Wyoming moved 75-80 pound feeders for $98-99
and 85-100 pound feeders in Montana brought $100, 105
pounds $85.
Fat lambs in San Angelo brought $78-83, in Goldthwaite
$78-85. Midwest markets sold wooled lambs $77-84 and
shorn lambs $80-85.25, mostly $83 and down late. Midwest
teleauctions quoted wooled lambs $78-82.75 and shorn
$80-84.75.
Slaughter lambs moving direct from Texas feedlots to
packers brought $86-87. Colorado sold lambs weighing
135-140 pounds at $89.50, formula lambs bringing $78-85
on 130-150 pounds. Lambs there are $6 below the same week
a year ago with weights up nine pounds. South Dakota
lambs moved direct at $84-87. Midwest direct lambs
brought $80-83.40.
Fleshy slaughter ewes in San Angelo brought $47-54, a
few to $57, fat offerings stopping at $48. Midwest ewes
were $30-38.50 and in Billings $34-38.
San Angelo sold solidmouth stock ewes for $75-81 per
head, two and three year-olds $89. South Dakota yearlings
weighing 150 pounds moved at $148, and Wyoming yearling
ewes to three year-olds were also near the $1 per pound
mark at $135-140.
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