Texas Feeder
Lamb Prices
Make Recovery
Feeder lambs in Texas made substantial price advances
to recover most of the previous weeks losses.
Midwest feeders suffered a little loss, due at least in
part to the severe weather conditions there.
Slaughter lambs were generally steady where tested.
Slaughter ewes were higher in Texas and a little softer
in the Midwest.
El Niño weather has played havoc in many areas of the
country this winter, with heavy rains on both coasts and
recently with the late winter storm in the Midwest after
a mild early winter. For the most part, however, moisture
has avoided West Texas. Dryland wheat is offering little
grazing and will probably not make much grain. Spring is
almost here and pasture weeds are greening some now, but
again, by not much.
Slaughter was up to 81,000 head last week, the second
largest this year. With lamb and mutton imports last week
at the equivalent of 49 percent of domestic production,
the "down under" suppliers are going to
capitalize on the U.S. lightweight Easter lamb demand
while domestic producers are still turning out heavy
products that are not really wanted at this time.
Communication is lacking somewhere.
The distributive trade did show a little improvement
for the upcoming Easter trade. Carcass cutout estimated
values advanced $2.02 on lights at $166.19, and heavies
were up $3.72 at $163.34.
Newcrop feeder lambs in San Angelo weighing 50-65
pounds brought $93-99.50, 65-80 pounds $87-93.50 and
80-90 pounds $82-85. A few remaining oldcrops weighing
60-90 pounds were $73-80.50, a few to $85, and 90-100
pounds brought $69-74. Fredericksburg light lambs sold
anywhere from $93 to $107, heavies $80-90. Goldthwaite
had 50-70 pound feeders at $95-113, 75-90 pounds
$77-98.50, and 95-120 pounds $73-76. Midwest markets
quoted 60-80 pound feeders $72-75 and 80-100 pounds
$68-72. Billings lambs weighing 60-70 pounds were $89-90,
85-90 pounds $81-83.50, 90-100 pounds $76.50-78.50, and
100-115 pounds $68.50-77.
Little feeder lamb movement was noted in direct trade.
Last week a few 90 pound lambs in West Texas made $75 and
100 pounds $70. Oregon had 125-130 pound feeders at $65
with a 30 cent per pound slide on anything over 130
pounds.
Slaughter lambs in San Angelo brought $66-73 and a few
newcrop fats $77. Goldthwaite fats made $67-71.50.
Midwest markets had lambs from $66 to $73.50.
Recent sales on Texas fat lambs moving direct from
feedlots to packers were at $70-73 on shorn and $65-69 on
wooled. In Colorado 130 pound fats made $72. Contract
lambs weighing 135-160 pounds were $65-72, 160-180 pounds
$59-64. The weekly average was $71.72, $25.72 below the
same week a year ago, while the average weight was at 151
pounds, nine pounds heavier than a year ago. South Dakota
fats were $65-67, and Wyoming had lambs at $69.
California lambs of 115-125 pounds made $68-70 and
130-145 pounds $66-67. Midwest fat lambs moved direct at
$67-70.
Slaughter ewes in San Angelo moved mostly to Mexico at
$44-57, a few $59-60.50. Midwest ewes were $38-44.50.
Ewe lambs in San Angelo weighing 95-110 pounds brought
$73.50-81.50 cwt. and 100-105 pounds were $75-77 per
head. Mixed age ewes brought $84-90 per head and ewes
with lambs $44-45 each. Billings had young bred ewes at
$120-136 per head, solidmouth $90-105.
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