USDA Carlot Meat 4:00 Summary

NW_LS851
Des Moines, IA    Tue Feb 12, 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 steady to firm on moderate demand and offerings. Select 
and Choice rib and chuck cuts firm to higher while round and loin cuts steady to 
weak. Beef trimmings steady on light demand and offerings.

   Estimated composite cutout value of Choice 1-3 600-900 lbs carcasses up 0.73 
At 183.45; Select 1-3 600-900 lbs carcasses up 0.15 at 179.30; based on 80.92 
loads of Choice cuts, 53.24 loads of Select cuts, 5.66 loads of Trimmings, and 
29.57 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 0.41 at 177.02; Select 1-3 600-900 lbs carcasses up 0.12 at 172.16.
   Current index reflects the equivalent of 138,484 head of cattle.

NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT  LM_XB405

   The Cutter cow carcass gross cutout value was estimated at 166.43 up 0.73.

BY-PRODUCT DROP VALUE  NW_LS441

   Hide and offal from a typical slaughter steer was estimated at 13.53
Dn 0.06.

NATIONAL CARLOT PORK  NW_LS500

   Sales reported on 105.08 loads of pork cuts and 19.0 loads of trim/process 
pork.

Compared to Monday's Close:  Fresh 1/4" trimmed bone-in loins steady to 3.00 
lower; butts steady to 3.00 lower; sknd hams 20-27 lbs steady to 2.00 lower; sdls 
bellies not tested; lean trimmings steady to 2.00 lower.  Trading moderate, with 
light to moderate 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.* **82.64 up 0.93.**  Loins bone in fresh 1/4 inch trim 21# DN-
LGT 107.00-112.00; Hams bone in trimmed, 20-23 lbs trim spec 1  74.00 – 76.00.

CARLOT LAMB CARCASS  LM_XL501

DAILY CHOICE AND PRIME, YG 1-4             Head  899
Weight                Head                      Wt Avg
45-DN                   42                      357.92
45-55#                  27                      325.09
55-65#                  48                      315.33
65-75#                 171                      254.43
75-85#                 259                      237.00
85-UP                  352                      213.00

ESTIMATED DAILY LIVESTOCK SLAUGHTER  SJ_ LS710

   Cattle:  121,000; Calves:  3,000; Hogs:  420,000; 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. Corn planting pace turns from record slow to record fast
3. Ag markets seemed to follow gold higher Monday afternoon
4. Commentary: GMOs: How do I hate thee?
5. Groups want ‘comprehensive’ FTA with EU
6. Online systems keeps exporters abreast of market regulations

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

1. McDonald’s replaces Angus burgers with new burgers, more bacon
2. Insects. They’re what’s for dinner!
3. Tyson selects panel to monitor animal welfare program
4. World food supply depends on character, virtuous leadership
5. Pot Pigs: Marijuana and vodka fed to hogs
6. Buffet concerned about soil and starvation