National Daily Carlot Pork - Afternoon

NW_LS500
Des Moines, IA     Thu, Dec 06, 2012     USDA Market News

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

Compared to Wednesday's Close:  Fresh 1/4" trimmed loins unevenly
steady; butts steady to 2.00 lower; sknd hams 23-27 lbs generally steady; sdls
bellies 14-18 lbs 5.00 higher; lean trimmings steady. Trading moderate, with
light to moderate demand and mostly moderate offerings.



-------------------------------------------------------------------------------
Loads PORK CUTS          :        123.00
Loads TRIM/PROCESS PORK  :          15.0
-------------------------------------------------------------------------------

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
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                             Today's Primal Cutout Values
Date    Loads   Carcass Loin    Butt    Pic     Rib     Ham     Belly
-------------------------------------------------------------------------------
  12/06   138.00   85.15   86.82   85.50   71.91  124.01   72.84  122.91
Change :           -0.67   -0.11   -0.33   -2.00    1.51   -5.08    4.74
-------------------------------------------------------------------------------
  12/05    106.5   85.82   86.93   85.83   73.91  122.50   77.92  118.18
  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
Current Five Day Simple Average -
                   85.50   87.20   86.53   72.58  125.35   75.47  119.15
-------------------------------------------------------------------------------
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 =                                           86.82
-----------------------------Lds---------Price Range------------Wghtd Avg------
1/4" Trim 21#DN-LGT         11.5  104.00   -      108.00          105.57
1/8" Trm/less 21#DN-LGT      4.5  115.00   -      116.00          115.56
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#       6.5  145.00   -      151.00          147.38
  Tender-out FLO 8-13#
  BNLS Strap-on  5-11#       4.5  142.00   -      152.00          145.44
  BNLS Strap-off 5-11#      10.5  162.00   -      171.00          167.29
WHLE BNLS LOINS 9-13#
BNLS SIRLOIN .75-1.5#       7.50  108.00   -      120.00          112.13
BONE-IN SIR  2.5-3.5#       3.50   80.00   -       87.00           84.86
BLADE ENDS       2-4#        1.5   69.00   -       73.00           70.33
TENDERLOIN   1.25/DN#       1.50  200.00   -      209.00          203.00
LOIN BACKRIB (BOXED)
 FRESH     1.5/DN#
        "     1.75/DN#
        "   1.75-2.00#
        "     2.00/UP#      7.00  195.00   -      208.00          198.86
PICNIC ------------------------------------------------------------------------
  Primal Cutout Value =                                            71.91
-----------------------------Lds---------Price Range------------Wghtd Avg------
  Smkr Trm, RS, combo
  Smkr Trm, SS, combo
  Smkr Trm, SS, boxed        3.0                   99.00           99.00
PICNIC CUSHION MEAT
  Boxed 92%   Fresh         3.50  116.00   -      120.00          118.86
  Boxed 92%  Frozen
BOSTON BUTT -------------------------------------------------------------------
  Primal Cutout Value =                                            85.50
-----------------------------Lds---------Price Range------------Wghtd Avg------
1/4" TRM 5-10#              18.5   95.00   -       98.00           96.16
1/8" TRM 5-10#
1/4" Trim Stk Rdy
1/8" Trim Stk Rdy            8.5                  114.00          114.00
BNLS, Butt
Combo's 11/UP#(SOW)
SPARERIB ----------------------------------------------------------------------
 Primal Cutout Value =                                            124.01
-----------------------------Lds---------Price Range------------Wghtd Avg------
3BAG/3 PCVAC4.25#/DN-LGT     4.5  131.00   -      138.00          134.67
COMBOS      4.25#/DN-LGT
2 BAG/3 PCVAC4.25#/UP-ME     3.5  129.00   -      136.00          133.43
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 =                                            72.84
-----------------------------Lds---------Price Range------------Wghtd Avg------
BONE-IN TRIMMED
  17-20# TRIM SPEC 1
  20-23# TRIM SPEC 1
  23-27# TRIM SPEC 1         6.0                   85.00           85.00
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    13.0  135.00   -      140.00          138.08
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 =                                           122.91
-----------------------------Lds---------Price Range------------Wghtd Avg------
SKIN-ON, TRIMMED 10-12#
SKIN-ON, TRIMMED 12-14#
SKIN-ON, TRIMMED 14-16#      2.0                  125.00          125.00
SKIN-ON, TRIMMED 16-18#      2.0                  125.00          125.00
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            12.0   40.00   -       43.00           41.50
Boxed 42%  Frozen
Combo 72%  Fresh             2.0                   64.00           64.00
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         1.0                   35.00           35.00
  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

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