LM_LM302 St. Joseph, MO Fri May 17, 2013 USDA Market News Service NATIONAL WEEKLY LAMB REPORT (NEGOTIATED AND FORMULA PURCHASES) - DOMESTIC ONLY Receipts: Negotiated Formula This Period 4,388 12,540 Week to Date 4,388 12,540 Last Week Total 4,310 12,713 Last Year Total 3,934 10,562 Comments: Compared to last week, negotiated slaughter lambs under 170 lbs were mostly 2.00 to 3.00 lower, while those over 170 lbs were steady to firm. Formula lambs under 55 lbs not well tested; 55-75 lbs 5.00 to 8.00 higher; 75-85 lbs mostly 2.00 lower; over 85 lbs steady to weak. NEGOTIATED PURCHASES - Slaughter Lambs: Live Basis - Choice and Prime Head Weight Wtd Avg Wtd Avg Price Wtd Av Count Range Weight Dr Pct Range Price 2,959 under 170 lbs 145.4 50.4 100.00-137.00 116.78 1,429 over 170 lbs 180.7 50.0 112.00-117.00 115.07 FORMULA PURCHASES - Slaughter Lambs: Carcass Basis - Choice and Prime Head Weight Wtd Avg Wtd Avg Price Wtd Av Count Range Weight Dr Pct Range Price 105 under 55 lbs 41.7 46.8 210.00-350.00 257.43 720 55-65 lbs 59.0 47.5 220.00-252.28 236.44 2,096 65-75 lbs 70.3 50.3 220.00-264.06 239.39 4,337 75-85 lbs 79.4 50.5 203.73-280.00 230.56 1,861 85-95 lbs 91.1 50.7 204.00-229.20 218.45 3,421 over 95 lbs 108.5 51.3 186.77-214.94 199.24 Source: USDA Market News Service, St. Joseph, MO 816-676-7000 email: stjoe.lgmn@usda.gov http://www.ams.usda.gov/LSMarketNews 1500C