LM_LM302
St. Joseph, MO    Thu Feb 09, 2012    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 02/03/2012.*

Receipts:                Negotiated          Formula
This Period                 3,944             10,954
Week to Date                3,944             10,954
Last Week Total             4,315             10,207
Last Year Total             5,791              5,523

Comments:
  Compared to last week, negotiated slaughter lambs were mostly 4.00 lower.
Formula sales of slaughter lambs were 5.00 to 6.00 lower. 

NEGOTIATED PURCHASES -  As of February 3, 2012

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       3,944       120-162       144.6       49.7    149.93-171.10     154.86
Shorn

FORMULA PURCHASES -  As of February 3, 2012

Slaughter Lambs:  Carcass Basis - Choice and Prime

           Head       Weight      Wtd Avg     Wtd Avg       Price        Wtd Avg
          Count        Range       Weight      Dr pct       Range         Price
            119    under 55 lbs      46.4       47.2    360.00-440.00     372.86
            205       55-65 lbs      62.6       46.1    329.65-334.95     332.49
          1,322       65-75 lbs      71.6       49.8    308.93-343.46     328.42
          2,859       75-85 lbs      81.3       51.3    302.12-349.02     329.74
          6,449     over 85 lbs      93.9       51.1    311.19-348.70     333.63

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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