Lambs Trade
Steady While
Lamb Meat Off
Fat and feeder lambs held fairly steady this week
despite a $3-5 decline in the dressed trade. Some Midwest
markets had lower fat lamb prices, but numbers there are
limited. A large share of feeder lambs are now going into
feedlots with retained ownership.
The dressed lamb trade has now declined for the sixth
week in a row and is $15-18 below levels of the last week
in August. Prices by weight brackets are fairly close
with only $6.50 separating the highest from the lowest
price.
East Coast carcass prices show 55 pounds and down
$160.50-162.60, 55-65 pounds $162.50-164.50, 65-85 pounds
$166.50-167, and 85 pounds and up $163.50-164.
Carcass cutout values declined $3.50 and $4.05 with 65
pounds and down at $197.95 and 65 pounds and up $200.70.
Slaughter ewes suffered a sharp price decline in Texas
but held near steady in the Midwest. Exports to Mexico
totaled 3795 head last week. The year to date total
through Monday was up 13 percent at 246,807 head.
There were 807 metric tons of lamb and mutton passed
for entry into the U.S. the week ending August 28. That
equates to 1.8 million pounds, or 44 percent of domestic
production that week.
The pelt market saw some optimistic observations last
week. Prices were a little firmer and more pelts were
being bid on. The best price is on fall clips at $3.50-4,
up about 25 cents on the bottom end.
San Angelo had 40-60 pound feeder lambs $74-78, 60-70
pounds $75-79, 70-80 pounds $74-75, 80-90 pounds $71-78
and 90-100 pounds $68-70. Fredericksburg lambs were
mostly $74-79, and Junction feeders brought $68-77.
Midwest markets had 60-80 pound feeders $68-72, 80-100
pounds $65-68.
Feeder lambs moving direct in West Texas were mostly
65-85 pounds at $74-75. New Mexico quoted 80-90 pound
feeders $72.50-73. South Dakota moved 70-90 pound feeders
at $75, 95-100 pounds $73. Wyoming feeders weighing 70
pounds made $80, 75-90 pounds $77-78.50, and some 90
pounders $73.50. Montana feeder lambs of 85-90 pounds
moved at $73-75, 95-100 pounds $67.50-71. Utah saw $78 on
90-100 pound lambs, 85-90 pound pool lambs $70-75.50.
Fat lambs weighing 90-120 pounds in San Angelo brought
$71.50-76, and Junction called fats $68-74. Midwest
markets moved fat shorn lambs at $63-70, wooled $62-68.
Recent sales of fat lambs moving direct from Texas
feedlots to packers brought $70-74 on 115-135 pounds,
Colorado fat lambs of 125-160 pounds made $74-79, and
California had 125-135 pound fats at $70-75. Midwest
lambs moved direct with shorn $67-70 and wooled $66-68.
Fat slaughter ewes in San Angelo brought $25-39,
fleshy $32-44. Midwest ewes were $22-32.
San Angelo reported mixed age stock ewes at $59-62 per
head, and Idaho and Nevada moved yearling ewes at $125
per head. Wyoming ewe lambs weighing 65 pounds made
$81.50 cwt., 75-80 pounds $82.50-90. New Mexico ewe lambs
weighing 80 pounds went at $80.
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