USDA Carlot Meat 4:00 Summary

NW_LS851
Des Moines, IA    Mon Feb 11, 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  LM_XB403 

Boxed beef cutout values firm on Choice and weak on Select on light demand and
offerings. Select and Choice chuck cuts steady to firm while rib, round and loin
cuts steady to weak. Beef trimmings higher on light to moderate demand and 
offerings.

   Estimated composite cutout value of Choice 1-3 600-900 lbs carcasses up 0.60 
at 182.72; Select 1-3 600-900 lbs carcasses dn 0.47 at 179.15; based on 71.61 
loads of Choice cuts, 23.45 loads of Select cuts, 13.28 loads of Trimmings, and 
28.84 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 
Dn 0.86 at 176.61; Select 1-3 600-900 lbs carcasses dn 0.71 at 172.04.
   Current index reflects the equivalent of 138,891 head of cattle.

NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT  LM_XB405

   The Cutter cow carcass gross cutout value was estimated at 165.70 up 0.23.

BY-PRODUCT DROP VALUE  NW_LS441

   Hide and offal from a typical slaughter steer was estimated at 13.59,
Unchanged.

NATIONAL CARLOT PORK  NW_LS500

   Sales reported on 30.0 loads of pork cuts and 16.0 loads of trim/process 
pork.

Compared to Friday's Close:  Fresh 1/4" trimmed loins not tested; butts unevenly 
steady; sknd hams 20-23 lbs and slds bellies 14-18 lbs not established; lean 
trimmings steady to 4.00 lower.  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.* **81.71 dn 0.52.**


CARLOT LAMB CARCASS  LM_XL501

DAILY CHOICE AND PRIME, YG 1-4             Head  1,874
Weight                Head                      Wt Avg
45-DN                   86                      477.77
45-55#                  98                      327.01
55-65#                 315                      279.17
65-75#                 447                      256.01
75-85#                 596                      237.38
85-UP                  332                      212.66

ESTIMATED DAILY LIVESTOCK SLAUGHTER  SJ_ LS710

   Cattle:  118,000; Calves:  3,000; Hogs:  416,000; Sheep:   9,000

Source: USDA Market News, Des Moines, IA
        515-284-4460
        www.ams.usda.gov/mnreports/NW_LS851.TXT

4:00c   sam

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2. Oil ends lower, pares losses as dollar weakens
3. Plains storms cause minor harm to Oklahoma/Kansas wheat
4. Commentary: In praise of animal foods
5. Ag markets generally mixed again Tuesday morning
6. Will this summer be a repeat of 2012?

1. Corn and soybean prices continue to retrace 2012 drought rally
2. Swine virus confirmed in Iowa, Indiana hog herds
3. Premium Standard Farms Founder Dies Unexpectedly
4. USDA says has detected virus in Iowa hog population
5. Commentary: GMOs: How do I hate thee?
6. Weather report: Rain spreads across the Corn Belt

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2. Meat and climate change: How significant is the impact?
3. Tyson selects panel to monitor animal welfare program
4. Commentary: GMOs: How do I hate thee?
5. World food supply depends on character, virtuous leadership
6. Pot Pigs: Marijuana and vodka fed to hogs