Des Moines, IA Fri Nov 23, 2012 USDA Market News
USDA Carlot Meat 4:00 Summary, Compared to Previous Day
Prices in dollars per hundredweight, Equated to FOB Omaha Basis
NATIONAL BOXED BEEF CUTOUT LM_XB403
Boxed beef cutout values higher on Choice while steady on Select on light demand
and offerings. Select and Choice rib and loin cuts steady to firm while chuck
and round cuts mostly steady. Beef trimmings generally steady on light demand
Estimated composite cutout value of Choice 1-3 600-900 lbs carcasses up 1.44
at 196.33; Select 1-3 600-900 lbs carcasses dn 0.20 at 174.17; based on 56.01
loads of Choice cuts, 40.76 loads of Select cuts, 6.21 loads of Trimmings, and
21.54 loads of coarse ground trimmings.
CARCASS PRICE EQUIVALENT INDEX VALUE NW_LS410
Estimated carcass price equivalent value of Choice 1-3 600-900 lbs carcasses
Up 1.67 at 186.69; Select 1-3 600-900 lbs carcasses up 0.84 at 165.53.
Current index reflects the equivalent of 238,575 head of cattle.
NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT LM_XB405
The Cutter cow carcass gross cutout value was estimated at 161.36 up 1.49.
BY-PRODUCT DROP VALUE NW_LS441
Hide and offal from a typical slaughter steer was estimated at 12.92,
NATIONAL CARLOT PORK NW_LS500
Sales reported on 6.63 loads of pork cuts and 2.0 loads of trim/process
Compared to Wednesday's Close: Boston butts generally steady;
all other retail and processing cuts not established; lean trimmings steady.
Trading very slow, with light demand and mostly light offerings.
*Calculations for a 200 lb Pork Carcass 53-54 percent lean 0.65" -0.80" back
fat at last rib.* **81.92 up 0.22.**
CARLOT LAMB CARCASS LM_XL501
*Confidentiality of data prohibits publication of this report under Livestock
Mandatory Reporting. The report will be published when and if enough data is
aggregated to meet the 3/70/20 guideline. For more information, please visit
DAILY CHOICE AND PRIME, YG 1-4 Head 303
Weight Head Wt Avg
ESTIMATED DAILY LIVESTOCK SLAUGHTER SJ_ LS710
Cattle: 127,000; Calves: 3,000; Hogs: 406,000; Sheep: 8,000
Source: USDA Market News, Des Moines, IA
USDA Carlot Meat 4:00 Summary
- Judge: Indiana hog farms protected by ‘Right to Farm’ law
- Okla. Attorney General keeps pressure on HSUS
- Tremendous response to Iowa’s new nutrient reduction program
- Okla. Attorney General calls out HSUS on tornado donations
- Doane Market Watch: Hog shortage likely to persist
- Drought costs California's ag industry $2.2 billion