Report Date: 3/17/2017
LM_LM352
St. Joseph, MO Fri Mar 17, 2017 USDA Market News
National Weekly Slaughter Sheep Review for w/e Friday, March 17, 2017
Compared to last week, negotiated purchases of slaughter lambs were
sharply higher.
Negotiated Purchases:
This Week: 3000 Last Week: 5900 Last Year: 3600
Domestic Slaughter Lambs
Choice and Prime:
Live Purchases: Weight Price Wtd Avg
Range Range Price
Wooled and Shorn 108-177 lbs 131.15-165.00 145.35
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Formula Purchases:
Formula Prices established for previously slaughtered lambs (carcass basis)
Domestic
Weighted Average Weight: 83.0 lbs
Weighted Average Net Price: 265.39
Wtd Average Dressing Percent: 49.66
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Comprehensive Information:
Includes all Negotiated and Formula transactions submitted this week
Domestic
Weighted Average Weight: 81.98 lbs
Weighted Average Net Price: 267.38
Wtd Average Dressing Percent: 49.89
Note: Each lot of live basis transactions is converted to carcass basis using
the estimated dressing percentage packers report for that lot. For example,
a live price of $131.30 divided by a dressing percentage of 50.51% equals
a $259.95 carcass basis price. These converted prices are aggregated with existing
carcass basis prices to determine the weighted average net price.
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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 Livestock Mandatory 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/market-news/livestock-poultry-grain
1500c staff
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