LM_LM302
St. Joseph, MO    Tue Feb 09, 2010    USDA Market News Service

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

*Today's trades not reportable because they did not meet the
confidentiality guideline for live lambs.  Below is the last reported
market as of 02/05/2010.*

Receipts:                Negotiated          Formula
This Period                 2,593              3,581
Week to Date                2,593             18,951
Last Week Total             2,113             18,677
Last Year Total             3,171             17,767

Comments:
  Compared to last Friday, negotiated sales of slaughter lambs were mostly steady
to 1.00 higher.  Not enough formulated sales of slaughter lambs since Wednesday
to establish a trend, however a weaker undertone is noted.

NEGOTIATED PURCHASES -  As of February 5, 2010

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       2,593       108-158       138.2       50.9     89.90-103.00      99.50
Shorn

FORMULA PURCHASES -  As of February 5, 2010

Slaughter Lambs:  Carcass Basis - Choice and Prime

           Head       Weight      Wtd Avg     Wtd Avg       Price        Wtd Avg
          Count        Range       Weight      Dr pct       Range         Price
                   under 55 lbs                               -
                      55-65 lbs                               -
          1,411       65-75 lbs      70.6       49.3    178.68-199.78     187.96
          1,879       75-85 lbs      78.6       50.1    187.91-200.78     192.52
            291     over 85 lbs      90.9       51.4    193.18-193.18     193.18

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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