Report Date: 2/28/2014
LM_LM352
St. Joseph, MO Fri Feb 28, 2014 USDA Market News
National Weekly Slaughter Sheep Review for w/e Friday, February 28, 2014
Compared to last week, negotiated sales of slaughter lambs uner 170 lbs
were 2.00 higher, while those over 170 lbs were weak on light trading volume.
Formula dressed sales under 65 lbs not well tested as no recent price
comparison available; 65-75 lbs were 3.00 lower; 75-85 lbs steady; 85-95lbs
1.00 to 2.00 higher in a light test; Over 95 lbs no trade.
Negotiated Sales:
This Week: 4500 Last Week: 5600 Last Year: 4200
Domestic Slaughter Lambs
Choice and Prime:
Live Sales:
Wooled and Shorn 134-164 lbs 146.00-176.00 (wtd avg 160.19)
Wooled and Shorn 175-177 lbs 153.00-157.00 (wtd avg 156.27)
Formula Purchases:
This Week: 9600 Last Week: 8500 Last Year: 14,600
Formula Prices established for previously slaughtered lambs.(carcass basis)
Domestic
Weighted Average Weight: 76.3 lbs
Weighted Average Net Price: 303.83
Wtd Average Dressing Percent: 50.0
This report covers transactions reported this week. Comments and market
conditions include information gathered from voluntary sources. All prices,
weights, and head counts are gathered through the mandatory livestock reporting
system.
Source: USDA Market News Service, St. Joseph, MO
816-676-7000 stjoe.lpgmn@usda.gov
www.ams.usda.gov/mnreports/LM_LM352.txt
www.ams.usda.gov/LSMarketNews
1500c staff
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