National Daily Carlot Pork - Afternoon

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NW_LS500
Des Moines, IA     Wed, Dec 05, 2012     USDA Market News

USDA NATIONAL CARLOT PORK REPORT as of:  3:00 P.M.
Purchases equated to FOB Omaha Basis.

Compared to Tuesday's Close:    Fresh 1/4" trimmed loins generally
steady; butts steady to 2.00 lower; 20-23 lbs hams 2.00 higher, 23-27 lbs steady
to weak; lean trimmings not tested. Trading moderate, with mostly light demand
and light to moderate offerings.



-------------------------------------------------------------------------------
Loads PORK CUTS          :        102.50
Loads TRIM/PROCESS PORK  :           4.0
-------------------------------------------------------------------------------

USDA ESTIMATED PORK CARCASS CUTOUT
Based on FOB Omaha carlot pork prices and industry yields.

Calculations for a 200 lb Pork Carcass. Values reflect US Dollars per 100 pounds
        53-54% lean, 0.65"-0.80" backfat at last rib
-------------------------------------------------------------------------------
                             Today's Primal Cutout Values
Date    Loads   Carcass Loin    Butt    Pic     Rib     Ham     Belly
-------------------------------------------------------------------------------
  12/05   106.50   85.82   86.93   85.83   73.91  122.50   77.92  118.18
Change :           -0.17   -0.49   -0.33   -0.31   -1.38    0.34    0.02
-------------------------------------------------------------------------------
  12/04    135.5   85.99   87.42   86.16   74.22  123.88   77.58  118.15
  12/03     26.6   85.76   86.43   87.65   74.17  128.79   76.11  118.25
  11/30     40.5   84.78   88.39   87.50   68.69  127.55   72.91  118.25
  11/29     97.3   84.19   85.95   87.71   69.64  125.34   72.92  118.25
Current Five Day Simple Average -
                   85.31   87.02   86.97   72.12  125.61   75.49  118.22
-------------------------------------------------------------------------------
NOTE: Value may change without adequate test. A detailed
      description of the cutout is available upon request.

FRESH PORK CUTS
LOINS, BONE-IN ----------------------------------------------------------------
  Primal Cutout Value =                                           86.93
-----------------------------Lds---------Price Range------------Wghtd Avg------
1/4" Trim 21#DN-LGT          8.0                  106.00          106.00
1/8" Trm/less 21#DN-LGT      4.0  114.00   -      119.00          116.50
1/4" Bladeless
1/4" Trim 21#/UP-MED
Combos 26/Up#(SOW)
LOINS,CNTRCUT,10-11 RIB,1/4"TRM
  Tender-in FLO  8-13#       1.0                  147.00          147.00
  Tender-out FLO 8-13#
  BNLS Strap-on  5-11#       2.5  142.00   -      144.00          142.40
  BNLS Strap-off 5-11#
WHLE BNLS LOINS 9-13#
BNLS SIRLOIN .75-1.5#       4.50  108.00   -      121.00          114.33
BONE-IN SIR  2.5-3.5#       2.00                   80.00           80.00
BLADE ENDS       2-4#        5.5                   72.00           72.00
TENDERLOIN   1.25/DN#       1.00                  200.00          200.00
LOIN BACKRIB (BOXED)
 FRESH     1.5/DN#
        "     1.75/DN#
        "   1.75-2.00#
        "     2.00/UP#     10.75  195.00   -      202.00          196.60
PICNIC ------------------------------------------------------------------------
  Primal Cutout Value =                                            73.91
-----------------------------Lds---------Price Range------------Wghtd Avg------
  Smkr Trm, RS, combo        5.0                   85.00           85.00
  Smkr Trm, SS, combo
  Smkr Trm, SS, boxed        5.0   99.00   -      102.00           99.60
PICNIC CUSHION MEAT
  Boxed 92%   Fresh         7.25  109.00   -      121.00          111.76
  Boxed 92%  Frozen
BOSTON BUTT -------------------------------------------------------------------
  Primal Cutout Value =                                            85.83
-----------------------------Lds---------Price Range------------Wghtd Avg------
1/4" TRM 5-10#              13.5   95.00   -      100.00           96.56
1/8" TRM 5-10#
1/4" Trim Stk Rdy
1/8" Trim Stk Rdy            4.0                  115.00          115.00
BNLS, Butt                   4.5  112.00   -      118.00          114.33
Combo's 11/UP#(SOW)
SPARERIB ----------------------------------------------------------------------
 Primal Cutout Value =                                            122.50
-----------------------------Lds---------Price Range------------Wghtd Avg------
3BAG/3 PCVAC4.25#/DN-LGT     7.5  125.00   -      138.00          131.60
COMBOS      4.25#/DN-LGT
2 BAG/3 PCVAC4.25#/UP-ME     5.5  127.00   -      136.00          133.36
COMBOS    4.25#/UP-MED
FRESH PORK CUTS-ADDED INGREDIENTS ---------------------------------------------
-----------------------------Lds---------Price Range------------Wghtd Avg------
BONE-IN LOINS 1/8" TRIM
BONE-IN LOINS CC TENDER IN
BNLS LOINS STRAP-ON
BNLS LOINS STRAP-OFF
BNLS SIRLOIN .75-1.5#
BONE-IN SIR  2.5-3.5#
TENDERLOIN   1.25/DN#
LOIN BACKRIB FRESH 2.00/UP#
SMKR TRM SS PICNIC BOXED
1/4" TRIM BUTT
1/4" TRIM STK RDY BUTT
1/8" TRIM STK RDY BUTT
SPARERIB 4.25#/DN-LGT
SPARERIB 4.25#/UP-MED
SKINNED HAM -------------------------------------------------------------------
  Primal Cutout Value =                                            77.92
-----------------------------Lds---------Price Range------------Wghtd Avg------
BONE-IN TRIMMED
  17-20# TRIM SPEC 1
  20-23# TRIM SPEC 1         3.0                   85.00           85.00
  23-27# TRIM SPEC 1         8.0   80.00   -       85.00           83.75
BONE-IN 27#/up Trim Spec 1
NORTH AMERICAN EXPORTS
  HAMS, BONE-IN 23-27# TS 1
BNLS 3 MUSCLE HAMS 94-96%
BNLS 4 MUSCLE HAMS 94-96%
BNLS 5 MUSCLE HAMS 94-96%
INSIDE
OUTSIDE
KNUCKLE
LITE BUTT
INNER SHANK
HAM TRIMMINGS (CHEM LEAN)
  Combo 72%  Fresh
  Boxed 72%  Frozen
  Combo 90%  Fresh
  Boxed 90%  Frozen
  Outer Shank Frozen
BELLY, SEEDLESS ---------------------------------------------------------------
  Primal Cutout Value =                                           118.18
-----------------------------Lds---------Price Range------------Wghtd Avg------
SKIN-ON, TRIMMED 10-12#
SKIN-ON, TRIMMED 12-14#
SKIN-ON, TRIMMED 14-16#
SKIN-ON, TRIMMED 16-18#
SKIN-ON, TRIMMED 18-20#
SKIN-ON, TRIMMED 20-25#
SKINLESS,         9-13#
SKINLESS,        13-17#
TRIMMINGS/BONELESS PROCESSING PORK (CHEMICAL LEAN) FOB BASIS
-----------------------------Lds---------Price Range------------Wghtd Avg------
Combo 42%  Fresh             4.0                   47.00           47.00
Boxed 42%  Frozen
Combo 72%  Fresh
Boxed 72%  Frozen
BONELESS PICNIC MEAT
  Combo    Fresh
  Boxed    Frozen
SKINNED JOWLS
  Combo    Fresh
  Boxed    Frozen
TRIM, VISUAL TRACE OF LEAN
  Combo 12-16% Fresh
  Boxed 12-16% Frozen
-------------------------------------------------------------------------------
Specifications for all reported cuts available upon request.
-------------------------------------------------------------------------------
     STANDARD ADJUSTMENTS FOR CONVERTING TO VACUUM BASIS
Loins (13-23#'s):         Butts (4-9#'s):
 Vacpak  : report basis     Vacpak  : report basis
 Gas Pak : minus $2.00      Gas Pak : no price differential
 Paper   : minus $5.00      Paper   : minus $3.00
 Combo   : minus $6.00      Combo   : minus $4.00
Spareribs:              Adjustments for Trim -
 Vacpak  : report basis   Bone-in Center Cut Loins:
 Polywrap: minus $7.00      False Lean Off (FLO): report basis
Tenderloins:                False Lean On  : minus $5.00
 Vacpak  : report basis   Boneless Center Cut Loins:
 Polywrap: minus $10.00     1/4" Trim : report basis
                            1/8" Trim : add $6.00
-------------------------------------------------------------------------------
Source:     USDA Market News Service, Des Moines, IA
            John Kimbrell/Chris Sommers/Alan Hummel 515-284-4460 Desm.LGMN@ams.usda.gov
            24 Hour recorded market information 515-284-4830
            www.ams.usda.gov/mnreports/NW_LS500.txt
            www.ams.usda.gov/LSMarketNews

   1530C



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