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National Weekly Slaughter Sheep Review

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Report Date: 1/2/2015

LM_LM352    ***Correction:  No negotiated trade over 170#***
St. Joseph, MO    Fri Jan 02, 2015    USDA Market News

National Weekly Slaughter Sheep Review for w/e Friday, January 02, 2015

  Compared to last week, negotiated sales of slaughter lambs were steady.
Formula sales of slaughter lambs under 75 lbs not well tested; 75-85 lbs
were 6.00 tp 8.00 higher; 85-95 lbs were weak after last week's sharp
increase;  95 lbs and over were not tested.

Negotiated Sales:
This Week:  2200      Last Week:  5200   Last Year:  4800

Domestic Slaughter Lambs
Choice and Prime:
  Live Sales:
   Wooled and Shorn 137-157 lbs 144.38-173.62 (wtd avg 159.04)

Formula Purchases:
This Week:  7200     Last Week: 6500    Last Year:  10,000

Formula Prices established for previously slaughtered lambs.(carcass basis)
                             Domestic   
Weighted Average Weight:      81.3 lbs  
Weighted Average Net Price:  321.27  
Wtd Average Dressing Percent: 50.7 

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

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