LM_LM302
St. Joseph, MO    Wed Aug 27, 2008    USDA Market News Service

*Today's trades not reportable because they did not meet the
confidentiality guideline for live lambs.  Below is the last reported
market as of 08/22/2008.*


NATIONAL DAILY LAMB REPORT (NEGOTIATED AND FORMULA PURCHASES) - DOMESTIC ONLY

Receipts:                Negotiated          Formula
This Period                 1,755              2,418
Week to Date                4,344             10,921
Last Week Total             2,561             13,779
Last Year Total             4,439             15,647

Comments:
  Compared to Wednesday, negotiated sales of slaughter lambs sold mostly 5.00 lower.
Compared to Wednesday, formula sales of slaughter lambs sold unevenly steady.

NEGOTIATED PURCHASES -  As of Aug 22, 2008

Slaughter Lambs:  Live Basis - Choice and Prime

           Head       Weight      Wtd Avg     Wtd Avg       Price        Wtd Avg
          Count        Range       Weight      Dr pct       Range         Price
Wooled
and       1,755       128-143       135.3       47.0     98.60-105.52     102.73
Shorn

FORMULA PURCHASES -  As of Aug 22, 2008

Slaughter Lambs:  Carcass Basis - Choice and Prime

           Head       Weight      Wtd Avg     Wtd Avg       Price        Wtd Avg
          Count        Range       Weight      Dr pct       Range         Price
             95    under 55 lbs      54.2       45.9    210.95-215.00     211.63
          1,069       55-65 lbs      61.9       50.4    209.40-233.98     218.68
          1,130       65-75 lbs      68.6       51.8    210.38-233.47     222.93
            124       75-85 lbs      81.4       50.0    210.27-217.29     217.15
                    over 85 lbs                               -

Source:   USDA Market News Service, St. Joseph, MO
          816-238-0678     email:  stjoe.lgmn@usda.gov
          http://www.ams.usda.gov/LSMarketNews

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