USDA Carlot Meat 4:00 Summary

NW_LS851
Des Moines, IA    Wed Feb 13, 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 on moderate demand and offerings. Select and 
Choice rib, chuck, and loin cuts steady to firm while  round cuts weak to lower. 
Beef trimmings lower on light to moderate demand and offerings.

   Estimated composite cutout value of Choice 1-3 600-900 lbs carcasses up 0.23 
At 183.68; Select 1-3 600-900 lbs carcasses up 0.02 at 179.32; based on 103.30 
loads of Choice cuts, 47.98 loads of Select cuts, 14.93 loads of Trimmings, and 
48.85 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 0.22 at 176.80; Select 1-3 600-900 lbs carcasses dn 0.33 at 171.83.
   Current index reflects the equivalent of 149,230 head of cattle.

NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT  LM_XB405

   The Cutter cow carcass gross cutout value was estimated at 166.89 up 0.46.

BY-PRODUCT DROP VALUE  NW_LS441

   Hide and offal from a typical slaughter steer was estimated at 13.63,
Up 0.10.

NATIONAL CARLOT PORK  NW_LS500

   Sales reported on 98.50 loads of pork cuts and 5.0 loads of trim/process 
pork.

Compared to Tuesday's Close:  Fresh 1/4" trimmed bone-in loins firm;
butts steady; sknd hams 20-27 lbs steady to 2.00 lower; sdls bellies not tested;
lean trimmings generally steady. Trading moderate, with mostly light demand
and moderate to heavy offerings.

   *Calculations for a 200 lb Pork Carcass 53-54 percent lean 0.65" -0.80" back 
fat at last rib.* **79.96 dn 2.68.**  Loins bone in fresh 1/4 inch trim 21# DN-
LGT 113.00; Hams bone in trimmed, 20-23 lbs trim spec 1  74.00.

CARLOT LAMB CARCASS  LM_XL501

DAILY CHOICE AND PRIME, YG 1-4             Head  762
Weight                Head                      Wt Avg
45-DN                   25                      435.88
45-55#                  25                      326.80
55-65#                 151                      282.56
65-75#                 153                      256.20
75-85#                 215                      237.63
85-UP                  193                      212.56

ESTIMATED DAILY LIVESTOCK SLAUGHTER  SJ_ LS710

   Cattle:  114,000; Calves:  3,000; Hogs:  424,000; Sheep:   7,000

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

4:00c   sam

1. Ag markets diverge just before the long holiday weekend
2. Commentary: New rules un-COOL
3. Oil edges up on book squaring, but posts big weekly drop
4. Hog Outlook: PEDV now in the U.S.
5. Traders evening up positions ahead of the weekend Friday
6. New, larger portable platform scales

1. Corn and soybean prices continue to retrace 2012 drought rally
2. Special health claim for this pork
3. Business seminars scheduled for World Pork Expo
4. Swine virus confirmed in Iowa, Indiana hog herds
5. Commentary: In praise of animal foods
6. Pot Pigs: Marijuana and vodka fed to hogs

1. Commentary: GMOs: How do I hate thee?
2. Commentary: In praise of animal foods
3. Meat and climate change: How significant is the impact?
4. Meat industry associations quick to attack the new MCOOL rule
5. Seven jobs more dangerous than farming
6. Survey reveals most Americans in favor of COOL