LM_LM352
St. Joseph, MO    Fri Feb 03, 2012    USDA Market News

National Weekly Slaughter Sheep Review for w/e Friday, February 03, 2012

  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
sales fob unless otherwise noted.

Negotiated Sales:
  This Week:  3900    Last Week:  4900    Last Year:  5800

Domestic Slaughter Lambs
Choice and Prime:
  Live Sales:
   Wooled and Shorn 120-160 lbs 149.93-171.10 (wtd avg 154.86).

  Dressed Sales:  
   No sales reported.

Imported Slaughter Lambs
Choice and Prime:
  Live Sales:  
   No sales reported

Formula Purchases:
This Week:  11,700    Last Week:  10,600    Last Year:   6200

Formula Prices established for previously slaughtered lambs.(carcass basis)
                             Domestic       Imported
Weighted Average Weight:      86.8 lbs      None reported
Weighted Average Net Price:  332.39         None reported
Wtd Average Dressing Percent: 50.9          None reported

Formula Prices established for previously slaughtered lambs.(live basis)
                         Domestic                               Imported
Wtd. Average Weight:     Not published due to confidentiality   None reported. 
Wtd. Average Net Price:  Not published due to confidentiality   None reported.

Forward Contract Purchases:
This Week:  0    Last Week:  0    Last Year: 0

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 mandatory livestock reporting
system.

Source:  USDA Market News Service, St. Joseph, MO
         816-676-7000    stjoe.lgmn@usda.gov
         www.ams.usda.gov/mnreports/LM_LM352.txt
         www.ams.usda.gov/LSMarketNews

1500c   staff