Des Moines, IA Mon Nov 26, 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
Boxed beef cutout values weak on light demand and offerings. Select
and Choice chuck cuts weak while rib, round and loin cuts steady.
Beef trimmings higher on light to moderate demand and light offerings.
Estimated composite cutout value of Choice 1-3 600-900 lbs
carcasses DN 0.22 at 196.11; Select 1-3 600-900 lbs carcasses
DN 0.14 at 174.03; based on 57.63 loads of Choice cuts, 30.23
loads of Select cuts, 12.04 loads of Trimmings, and 19.39
loads of coarse ground trimmings.
CARCASS PRICE EQUIVALENT INDEX VALUE
Estimated carcass price equivalent value of Choice 1-3 600-900 lbs
carcasses UP 0.13 at 186.82; Select 1-3 600-900 lbs carcasses DN 0.23
Current index reflects the equivalent of 234,281 head of cattle.
NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT
The Cutter cow carcass gross cutout value was estimated at 161.24
BY-PRODUCT DROP VALUE
Hide and offal from a typical slaughter steer was estimated at
12.93, UP 0.01.
NATIONAL CARLOT PORK
Sales reported on 35.25 loads of pork cuts and 6.0 loads of
Compared to Friday's Close: Fresh 1/4" trimmed loins firm;
butts mostly steady; sknd hams 20-27 lbs 2.00 higher; sdls bellies
not tested; lean trimmings steady to weak. Trading very slow, with
light to moderate demand and offerings.
*Calculations for a 200 lb Pork Carcass 53-54 percent lean
0.65" -0.80" back fat at last rib.* **82.34 UP 0.42.** Loins bone
in fresh 1/4 inch trim 21# DN-LGT 108.00; Hams bone in trimmed,
20-23 lbs trim spec 1 81.00.
CARLOT LAMB CARCASS
*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 696
Weight Head Wt Avg
ESTIMATED DAILY LIVESTOCK SLAUGHTER
Cattle: 121,000 Calves: 3,000; Hogs: 433,000; Sheep: 9,000
Source: USDA Market News Service, Des Moines, IA
Lucy Clark 515-284-4460 Desm.LGMN@ams.usda.gov
24 Hour recorded market information 515-284-4830
USDA Carlot Meat 4:00 Summary
- Lighter Side: Model goes public with her love for bacon
- Ag markets posted varying losses Thursday
- Ag markets moved unanimously lower Wednesday morning
- Japan's Amari, USTR Froman arranging TPP talks next week
- US dollar strength is weighing on crop markets Thursday morning
- Divergent livestock futures highlighted Wednesday's market action