Des Moines, IA Wed Jan 30, 2013 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 steady on moderate demand and offerings.
Select and Choice rib and chuck cuts steady to firm while round and
loin cuts steady to weak. Beef trimmings lower on light demand and
light to moderate offerings.
Estimated composite cutout value of Choice 1-3 600-900 lbs
carcasses DN 0.13 at 186.76; Select 1-3 600-900 lbs carcasses
DN 0.08 at 181.02; based on 124.56 loads of Choice cuts, 83.63
loads of Select cuts, 7.54 loads of Trimmings, and 30.72
loads of coarse ground trimmings.
CARCASS PRICE EQUIVALENT INDEX VALUE
Estimated carcass price equivalent value of Choice 1-3 600-900 lbs
carcasses DN 0.07 at 177.89; Select 1-3 600-900 lbs carcasses DN 0.04
Current index reflects the equivalent of 156,502 head of cattle.
NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT
The Cutter cow carcass gross cutout value was estimated at 165.16
BY-PRODUCT DROP VALUE
Hide and offal from a typical slaughter steer was estimated at
NATIONAL CARLOT PORK
Sales reported on 56.50 loads of pork cuts and 14.0 loads of
Compared to Tuesday's Close: Fresh 1/4" trimmed loins steady
to 4.00 lower; butts steady to 2.00 lower; sknd hams 17-20 lbs 3.00 higher,
other weights not tested; sdls bellies along with lean trimmings not
established. Trading slow, with light demand and mostly moderate offerings.
*Calculations for a 200 lb Pork Carcass 53-54 percent lean
0.65" -0.80" back fat at last rib.* **85.46 DN 1.12.** Loins bone
in fresh 1/4 inch trim 21# DN-LGT 104.00; Hams bone in trimmed,
17-20 lbs trim spec 1 75.00.
CARLOT LAMB CARCASS
DAILY CHOICE AND PRIME, YG 1-4 Head 634
Weight Head Wt Avg
45-DN 24 416.67
45-55# 28 340.54
55-65# 122 297.11
65-75# 100 255.65
75-85# 164 237.34
85-UP 196 211.92
ESTIMATED DAILY LIVESTOCK SLAUGHTER
Cattle: 119,000 Calves: 3,000; Hogs: 417,000; Sheep: 7,000
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
- Ag markets proved rather volatile Wednesday morning
- For Canadian farmers, South Korea deal a chance to catch up
- Pork industry launches three-prong strategy to combat PEDv
- Beans and hogs reversed recent gains Tuesday night
- Cyclone Connection: Biosecurity is more important than ever
- Getting a grasp on meat labels
J.K. Reid Farrownest
JK Reid Inc.