National Daily Carlot Pork - Afternoon

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NW_LS500
Des Moines, IA     Thu, Dec 13, 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 steady to
2.00 higher; butts steady; sknd hams 20-23 lbs steady to 3.00 lower, 23-27 lbs
mostly weak; sdls bellies 12-16 lbs 5.00 higher; lean trimmings steady to 3.00
lower. Trading moderate, with light to moderate demand and offerings.



-------------------------------------------------------------------------------
Loads PORK CUTS          :         71.00
Loads TRIM/PROCESS PORK  :           9.0
-------------------------------------------------------------------------------

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
-------------------------------------------------------------------------------
  12/13    80.00   83.83   85.38   84.68   70.02  120.08   69.41  125.26
Change :            0.25    0.24   -0.50   -0.05    2.96   -1.08    2.39
-------------------------------------------------------------------------------
  12/12     97.1   83.58   85.14   85.18   70.07  117.12   70.49  122.87
  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
Current Five Day Simple Average -
                   84.25   85.29   84.80   71.61  121.48   71.40  123.35
-------------------------------------------------------------------------------
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 =                                           85.38
-----------------------------Lds---------Price Range------------Wghtd Avg------
1/4" Trim 21#DN-LGT          3.5  104.00   -      108.00          105.71
1/8" Trm/less 21#DN-LGT      1.5                  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#       1.0                  151.00          151.00
  Tender-out FLO 8-13#
  BNLS Strap-on  5-11#       3.5  144.00   -      158.00          146.00
  BNLS Strap-off 5-11#       6.0                  173.00          173.00
WHLE BNLS LOINS 9-13#
BNLS SIRLOIN .75-1.5#       2.75  106.00   -      118.00          108.55
BONE-IN SIR  2.5-3.5#       1.50   78.00   -       80.00           78.67
BLADE ENDS       2-4#        0.5                   79.00           79.00
TENDERLOIN   1.25/DN#       1.00                  218.00          218.00
LOIN BACKRIB (BOXED)
 FRESH     1.5/DN#
        "     1.75/DN#
        "   1.75-2.00#
        "     2.00/UP#      2.50  199.00   -      202.00          201.00
PICNIC ------------------------------------------------------------------------
  Primal Cutout Value =                                            70.02
-----------------------------Lds---------Price Range------------Wghtd Avg------
  Smkr Trm, RS, combo
  Smkr Trm, SS, combo
  Smkr Trm, SS, boxed
PICNIC CUSHION MEAT
  Boxed 92%   Fresh         5.75  114.00   -      123.00          118.35
  Boxed 92%  Frozen
BOSTON BUTT -------------------------------------------------------------------
  Primal Cutout Value =                                            84.68
-----------------------------Lds---------Price Range------------Wghtd Avg------
1/4" TRM 5-10#               8.0   94.00   -       97.00           94.75
1/8" TRM 5-10#
1/4" Trim Stk Rdy
1/8" Trim Stk Rdy            1.5                  113.00          113.00
BNLS, Butt                   5.0                  109.00          109.00
Combo's 11/UP#(SOW)
SPARERIB ----------------------------------------------------------------------
 Primal Cutout Value =                                            120.08
-----------------------------Lds---------Price Range------------Wghtd Avg------
3BAG/3 PCVAC4.25#/DN-LGT     1.5  132.00   -      140.00          134.67
COMBOS      4.25#/DN-LGT
2 BAG/3 PCVAC4.25#/UP-ME     8.5  121.00   -      130.00          125.29
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 =                                            69.41
-----------------------------Lds---------Price Range------------Wghtd Avg------
BONE-IN TRIMMED
  17-20# TRIM SPEC 1
  20-23# TRIM SPEC 1         5.0   76.00   -       79.00           77.80
  23-27# TRIM SPEC 1         4.0                   76.00           76.00
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     4.0                  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 =                                           125.26
-----------------------------Lds---------Price Range------------Wghtd Avg------
SKIN-ON, TRIMMED 10-12#
SKIN-ON, TRIMMED 12-14#      2.0                  130.00          130.00
SKIN-ON, TRIMMED 14-16#      2.0                  130.00          130.00
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             5.0   36.00   -       39.00           37.80
Boxed 42%  Frozen
Combo 72%  Fresh             4.0   60.00   -       63.00           61.50
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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