LM_LM352
St. Joseph, MO    Fri May 24, 2013    USDA Market News

National Weekly Slaughter Sheep Review for w/e Friday, May 24, 2013

  Compared to last week, negotiated slaughter lambs under 170 lbs were mostly
1.00 to 2.00 higher, while those over 170 lbs were steady.  Formula lambs
under 65 lbs not well tested; 65-85 lbs 7.00 to 8.00 lower; over 85 lbs mostly
2.00 to 3.00 higher. Negotiated sales fob unless otherwise noted.

Negotiated Sales:
  This Week:  7300    Last Week:  4400    Last Year:  5000

Domestic Slaughter Lambs
Choice and Prime:
  Live Sales:
   Wooled and Shorn 130-163 lbs  104.86-135.00 (wtd avg 118.30)
   Wooled and Shorn 170-203 lbs  112.00-129.00 (wtd avg 115.16)

Formula Purchases:
This Week:  10,900    Last Week:  12,600    Last Year:  10,800

Formula Prices established for previously slaughtered lambs.(carcass basis)
                             Domestic   
Weighted Average Weight:      82.5 lbs  
Weighted Average Net Price:  222.82     
Wtd Average Dressing Percent: 49.8      

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