| A |
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| Aged |
Ewes that are over 6 years of age.Cows that are over 8 years
old. |
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| B |
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| Blackface |
Sheep expressing genetics that includes one of the
blackfaced breeds. |
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| Broken Mouth |
Aged sheep that have one or more permanent teeth missing. |
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| Buck |
Male sheep that has not been castrated. |
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| C |
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| Confidentiality Guideline |
In order for Livestock Mandatory reports to be published
they must meet the 3/70/20 confidentiality guideline which states that in
order for a report (regional or national) to be published, at least 3
companies have to submit data 50% of the time or more over a 60-day period.
No one company can account for 70% or more of the cumulative market volume
for any report over a 60-day period. In cases where only one company submits
data for individual reports, the same company can not be the sole reporting
entity more than 20% of the time during a 60-day period. |
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| D |
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| Delivered |
Price of a trade including freight overages. |
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| E |
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| Ewe Lambs |
Used on market reports to idenitify lambs that will be put
into a ewe/lamb operation. |
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| F |
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| Fall Shorn |
A sheep with 1-2 inches of wool. |
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| Fleshy |
Used to describe a ewe with a backfat thickness of greater
than .31 of an inch. Typically reported on a market report as a Good YG 3-5. |
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| F.O.B. |
Free on board, regardless of the mode of transportation, at
the point of direct shipment by the seller to the buyer (e.g. F.O.B Feedyard). |
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| Formula Marketing Arrangement |
Advance commitment of lambs for slaughter using a method for
calculating price. For slaughter lambs the base price is not negotiated but
is based on some other price (such as plant average or weighted average
price) or value determining mechanism that may or may not be known at the
time the deal is struck. The final net price is determined after application
of premiums and discounts. |
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| Full |
Used to describe lambs on market reports that exhibit
excessive fill (water/hay weight). Lambs/Ewes have the appearance of
disproportionally large mid-section (belly). Typically full lambs/ewes sell
at a discount. |
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| G |
(Back to Top) |
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| Gaunt |
Used to identify lambs on market reports that are emaciated
(expressing the lack of fill). Typically gaunt lambs sell at a premium. |
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| H |
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| Hair Sheep |
Used to identify sheep on market reports that are not
genetically from one of the wool breds. |
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| L |
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| Lambs |
Used to describe sheep that have a full set of baby teeth. |
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| Large Frame |
Used to describe a feeder lamb that is expected to be
finished/fat at more than 135 lbs live weight. Also used for describing ewes
that will have a mature body weight of over 150 lbs. |
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| Load |
Comment used for video auction and direct reporting to
segregate sales that are full semi load lots. |
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| M |
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| Medium |
Used to describe a ewe with a backfat thickness of .21-.30
of an inch. Typically reported on a market report as a Good YG 2-3. |
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| Medium Frame |
Used to describe a feeder lamb that is expected to be
finished/fat at 100-135 lbs live weight. Also used for describing ewes that
will have a mature body weight of 125-150 lbs. |
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| N |
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| Net Price |
Price paid for livestock after application of any premiums
or discounts, expressed in dollars per hundred weight. |
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| No 1 |
Muscling score that describes feeder lambs that are thrifty
animals that are thick throughout. Lambs that are thick and full in the
forearm and leg, showing a rounded appearance through the back and loin.
Lambs that are wide between the legs, both front and rear. |
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| No 2 |
Muscling score that describes feeder lambs that are thrifty
and are slightly thick through the forequarter and the middle part of the
leg. The forearm and leg are slightly thick and the back and loin have a
slightly thick appearance. The legs are set slightly wide, both front and
rear. |
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| No 3 |
Muscling score that describes feeder lambs that are thrifty
animals that have less thickness than the minimum requirements specified for
the No.2. |
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| No 1 Pelt |
Sheep with 5/8-1 inch of wool. |
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| No 2 Pelt |
Sheep with 3/8-5/8 of an inch of wool. |
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| No 3 Pelt |
Sheep with 1/8-3/8 of an inch of wool. |
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| No 4 Pelt |
Sheep with less than 1/8 of an inch of wool. |
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| New Crop |
Used seasonally to describe young lambs that are selling
typically at a premium, while supplies contain old crop lambs. |
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| O |
(Back to Top) |
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| Old Crop |
Used seasonally to describe older lambs that are selling
typically at a discount, while supplies contain new crop lambs. |
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| P |
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| Packer Owned |
Lambs that a packer owns for at least 14 days immediately
before slaughter. |
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| Per Head |
Comment used to denote sheep that were sold a per head
basis, instead of being sold on a per cwt. basis. Per head basis selling
usually occurs when quoting replacement or bred females. |
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| R |
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| Replacement |
Comment used to describe mature ewes or ewe lambs that are
being purchased to be placed in a ewe/lamb operation. |
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| S |
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| Shorn Lambs |
Comment to describe lambs that have been shorn. Typically
descibed within the market report with a corresponding pelt classification. |
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|
| Small Frame |
Used to describe a feeder lamb that is expected to be
finished/fat at less than 100lbs live weight. Also used for describing ewes
that will have a mature body weight of less than 125 lbs. |
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| Short Dock |
Used to descirbe a feeder or slaughter lamb that has been
docked short (little to no tail remaining). These lambs typically sells at a
discount. |
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| Sold Mouth |
Used to describe sheep that are 4-6 years old with a full
set of permanent teeth. |
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| T |
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| Thin |
Used to describe a ewe with a backfat thickness of .11-.20
an inch. Typically reported on a market report as a Utility 1-2. |
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| U |
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| V |
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| Very Thin |
Used to describe a ewe with a backfat thickness of less than
.10 of an inch. Typically reported on a market report as a Cull YG 1. |
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| W |
(Back to Top) |
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| Wether |
Casterated male sheep. |
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| Whitefaced |
Sheep expressing genetics that includes one of the
whitefaced breeds. |
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| Wooled |
Sheep that has over 2 inches of wool |
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| Y |
|
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| Yearlings |
Yearlings are sheep with one set of permanent teeth. |
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| Young |
Replacement sheep (2-3 years old) with a least one baby
tooth remaining. |
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|
