Lamb Prices
Turn Upward,
Ewes Up Too
Lamb prices firmed up considerably this week, fats
rising a couple of dollars in most areas while feeder
lambs were firm and in some instances a couple of dollars
up. Slaughter ewes were sharply higher in Texas, a little
softer in Midwest markets.
The dressed trade held steady last week after eight
consecutive weekly declines. Carcass prices are mostly
$26 below late August levels. Slaughter lambs during the
same period are $5-10 off. Feeder lambs are little
changed from August prices.
Lamb carcass prices on the East Coast had 55 pounds
and down at $160.50-163, 55-65 pounds $160.50-161, 65-85
pounds $164.50-165 and 85 pounds and up $161.50-162.
With the general decline in sheep numbers around the
country, feedlots have been holding input prices pretty
much steady, while banking on the short numbers of future
marketings to hold slaughter prices at an equitable
level.
West Texas remains very dry. Several ranchers say it
is even drier than during the drouth of the 1950s. A
little rain last weekend had only minimal effect.
Ranchers have indicated there can be no increase in sheep
numbers until the current drouth is broken.
A total of 598 metric tons, or 1.3 million pounds, of
lamb and mutton were imported into the U.S. the week
ending September 18. That equates to 28 percent of
domestic production for that week.
In San Angelo this week, 40-70 pound feeder lambs
brought $77-81, 70-90 pounds $76-79, a few to $82, 90-100
pounds $72-77. Fredericksburg had lightweight lambs
$85-88, a few $89-90, heavies $75-80. Midwest markets
quoted 50 pound feeders $92, 60-80 pounds $75-80, a few
to $99, and 80-100 pounds $70-77. Billings had 52 pound
lambs $84, 60-70 pounds $85.25-86.25, 70-80 pounds
$83-88, 80-90 pounds $79-87.75, 90-100 pounds $78-85, and
100-125 pounds $73.50-77.25.
Recent sales of feeder lambs moving direct in Texas
had 65-85 pounders $74-77, Wyoming moved 80 pound feeders
at $80, and Oregon had 90-105 pound lambs $71. Washington
lambs weighing 90 pounds sold at $64-67. Idaho feeders of
90-105 pounds were $71-72.50.
Fat lambs weighing 95-135 pounds in San Angelo brought
$71-78, a few 100-105 pounds $80-85. Midwest markets had
shorn lambs $68-74.75, wooled $66-73.75.
Fat lambs moving direct from Texas feedlots to packers
were $70-72 on 115-135 pounds, a few $73-74. Colorado
lambs of 130-155 pounds made $70-76. The weekly average
on contract lambs was $72.42 and 141 pounds compared to
$71.25 on 136 pounds a year ago. Washington fat lambs
scaling 130 pounds went at $64. California had 120-130
pound fats $72-74, and Midwest fats moved direct at
$68-72.
Slaughter ewes in San Angelo made $35-46. Midwest
markets had ewes $22-30.50, and Billings ewes brought
$26.50-30.50.
Yearling stock ewes in Wyoming weighing 130 pounds
made $100 per head. Colorado had mixed age ewes $85, and
solidmouth ewes in Idaho were $65.
|