Lamb Prices
Turn Rosy;
Imports Up
Fat and feeder lamb prices turned higher by $2-3 in
most trading areas this week despite the arrival of one
of the largest weekly volumes of imported lamb meat this
year.
Slaughter ewes were also a couple of dollars higher.
Exports to Mexico reached 7572 head last week, and this
week's count was 5615 through Tuesday. The year to date
total is 274,708 head, up seven percent from 257,238 head
the same period last year.
The meat trade was steady last week, the fifth week
with the same carcass values. Weights 65 pounds down were
$141.50-142 on the East Coast, over 65 pounds
$144.50-145.
Lamb and mutton passed for entry into the country last
week totaled 1331 metric tons or 2.9 million pounds, the
equivalent of 57 percent of domestic production. Either
there are a lot of lamb eaters in this country that
domestic output is unable to satisfy, a lot of
lightweight carcasses are going into storage for
Christmas, or a lot of that imported lamb is going into
the government purchase programs.
USDA reported that 89 percent of domestic lamb
production was USDA graded this year; 92 percent graded
choice, eight percent prime and 81 percent was yield
grade 2-3.
San Angelo quoted 40-60 pound feeder lambs at $81-87,
60-80 pounds $77-82.50, a few up to $85, 80-90 pounds
$73-77 and 90-100 pounds $69-75. Fredericksburg
lightweight feeders were $83-88. In Goldthwaite, 50-85
pound feeder lambs brought $73-82, Junction had 50-80
pounders at $75-80, and Midwest markets held steady on
feeders with 60-80 pounds $65-68 and 80-100 pounds
$60-65.
Feeder lambs moving direct in West Texas were mostly
$78-82 on 60-75 pounds. Recent sales in Colorado had 100
pound lambs at $60. South Dakota called 70 pound lambs
$70 and 85 pounds $68. Wyoming moved 90 pound feeders at
$64. Montana lambs weighing 90 pounds brought $65 and 110
pounds $57. In Idaho 100-110 pound feeders made $57-62.
San Angelo fat lambs of 90-125 pounds brought $70-77
and 125-140 pounds $65-70.50, and Goldthwaite quoted fat
lambs $60-63. Midwest markets had a couple of dollars'
spread between shorn and wooled offerings. St. Paul
called wooled lambs $56-60, shorn $58-62. Sioux Falls
wooled lambs brought $61-65.80 and shorn $62-66. The
Midwest teleauction lambs brought $66.75.
Recent sales of fat lambs in Texas moving direct from
feedlots to packers were $60-63, Colorado had fats
$59-65, and 140-150 pound Idaho lambs brought $56-58.
California lambs weighing 120-150 pounds sold for $59-60
with a few $61-64. Fat lambs moving direct in the Midwest
made $57-58 on wooled, $60-62 shorn.
Fleshy slaughter ewes in San Angelo brought $40-50.50,
and 111 head went at $52.50. Midwest markets quoted ewes
$27-39.50.
San Angelo sent yearling ewes back to the country at
$80 per head, solidmouth bred ewes $76. South Dakota had
yearling ewes at $76-100 per head.
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