Report Date: 10/19/2018
LM_LM352
St. Joseph, MO Fri Oct 19, 2018 USDA Market News
National Weekly Slaughter Sheep Review for w/e Friday, October 19, 2018
Comments: Compared to last week's light test, negotiated purchases of slaughter lambs were
steady to 3.00 lower on comparable sales.
Negotiated Purchases:
This Week: 2600 Last Week: 4200 Last Year: 3800
Domestic Slaughter Lambs
Choice and Prime:
Live Purchases: Weight Price Wtd Avg
Range Range Price
Wooled and Shorn 130-178 lbs 123.11-156.22 135.62
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Formula Purchases:
Formula purchase information for previously slaughtered lambs (carcass basis)
Weighted Average Weight: 81.50 lbs
Weighted Average Net Price: 275.76
Weighted Average Dressing Percent: 50.77
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Comprehensive Information:
Includes all Negotiated & Formula transactions submitted this week (carcass basis)
Weighted Average Weight: 78.39 lbs
Weighted Average Net Price: 277.93
Weighted Average Dressing Percent: 50.64
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.
*For more information, please visit www.ams.usda.gov/ConfidentialityGuidelines*
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
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