National Daily Carlot Pork - Afternoon

NW_LS500
Des Moines, IA     Wed, Dec 12, 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 steady
to 2.00 higher; butts unevenly steady; sknd hams 20-23 lbs unevenly steady, 23-27
lbs steady to 3.00 lower; sdls bellies not tested; lean trimmings 2.00 higher.
Trading moderate, with light to moderate demand and offerings.



-------------------------------------------------------------------------------
Loads PORK CUTS          :         94.13
Loads TRIM/PROCESS PORK  :           3.0
-------------------------------------------------------------------------------

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
-------------------------------------------------------------------------------
  12/12    97.13   83.58   85.14   85.18   70.07  117.12   70.49  122.87
Change :           -0.83   -1.00    0.82   -2.14   -5.32   -0.74    unc
-------------------------------------------------------------------------------
  12/11    166.0   84.41   86.14   84.37   72.21  122.44   71.23  122.87
  12/10     40.3   84.42   84.85   85.00   73.38  123.16   71.67  122.85
  12/07     79.6   85.01   84.93   84.76   72.34  124.61   74.20  122.91
  12/06    138.0   85.15   86.82   85.50   71.91  124.01   72.84  122.91
Current Five Day Simple Average -
                   84.51   85.58   84.96   71.98  122.27   72.09  122.88
-------------------------------------------------------------------------------
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 =                                           85.14
-----------------------------Lds---------Price Range------------Wghtd Avg------
1/4" Trim 21#DN-LGT          3.5  102.00   -      108.00          104.57
1/8" Trm/less 21#DN-LGT      2.0                  118.00          118.00
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#
  Tender-out FLO 8-13#
  BNLS Strap-on  5-11#       9.0  144.00   -      158.00          151.56
  BNLS Strap-off 5-11#       4.0                  162.00          162.00
WHLE BNLS LOINS 9-13#
BNLS SIRLOIN .75-1.5#       2.13  106.00   -      118.00          106.71
BONE-IN SIR  2.5-3.5#       1.25   81.00   -       84.00           83.40
BLADE ENDS       2-4#        0.5                   73.00           73.00
TENDERLOIN   1.25/DN#       0.75  200.00   -      215.00          210.00
LOIN BACKRIB (BOXED)
 FRESH     1.5/DN#
        "     1.75/DN#
        "   1.75-2.00#
        "     2.00/UP#      6.25  194.00   -      202.00          197.84
PICNIC ------------------------------------------------------------------------
  Primal Cutout Value =                                            70.07
-----------------------------Lds---------Price Range------------Wghtd Avg------
  Smkr Trm, RS, combo
  Smkr Trm, SS, combo       13.0                   76.00           76.00
  Smkr Trm, SS, boxed        3.0                   94.00           94.00
PICNIC CUSHION MEAT
  Boxed 92%   Fresh         6.75  114.00   -      122.00          117.11
  Boxed 92%  Frozen
BOSTON BUTT -------------------------------------------------------------------
  Primal Cutout Value =                                            85.18
-----------------------------Lds---------Price Range------------Wghtd Avg------
1/4" TRM 5-10#              13.0   94.00   -       97.00           96.08
1/8" TRM 5-10#
1/4" Trim Stk Rdy
1/8" Trim Stk Rdy            3.0                  113.00          113.00
BNLS, Butt                   5.5  107.00   -      109.00          107.55
Combo's 11/UP#(SOW)
SPARERIB ----------------------------------------------------------------------
 Primal Cutout Value =                                            117.12
-----------------------------Lds---------Price Range------------Wghtd Avg------
3BAG/3 PCVAC4.25#/DN-LGT     3.5  120.00   -      140.00          127.71
COMBOS      4.25#/DN-LGT
2 BAG/3 PCVAC4.25#/UP-ME     9.0  120.00   -      135.00          126.11
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 =                                            70.49
-----------------------------Lds---------Price Range------------Wghtd Avg------
BONE-IN TRIMMED
  17-20# TRIM SPEC 1
  20-23# TRIM SPEC 1         2.0                   79.00           79.00
  23-27# TRIM SPEC 1         4.0   77.00   -       79.00           78.00
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     2.0                  123.00          123.00
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 =                                           122.87
-----------------------------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
Boxed 42%  Frozen
Combo 72%  Fresh             2.0                   63.00           63.00
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                   32.00           32.00
  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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