Report Date: 3/15/2019
LM_LM352
St. Joseph, MO Fri Mar 15, 2019 USDA Market News
National Weekly Slaughter Sheep Review for w/e Friday, March 15, 2019
Comments: Compared to last week, negotiated purchases of slaughter lambs were
generally 2.00-3.00 higher on comparable sales.
Negotiated Purchases:
This Week: 5300 Last Week: 4900 Last Year: 2200
Domestic Slaughter Lambs
Choice and Prime:
Live Purchases: Weight Price Wtd Avg
Range Range Price
Wooled and Shorn 130-180 lbs 126.00-155.00 141.45
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Formula Purchases:
Formula purchase information for previously slaughtered lambs (carcass basis)
Weighted Average Weight: 82.60 lbs
Weighted Average Net Price: 268.61
Weighted Average Dressing Percent: 50.17
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Comprehensive Information:
Includes all Negotiated & Formula transactions submitted this week (carcass basis)
Weighted Average Weight: 81.87 lbs
Weighted Average Net Price: 272.07
Weighted Average Dressing Percent: 50.27
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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