Des Moines, IA Thu Apr 04, 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 to weak on light to moderate demand and
offerings. Select and Choice round and loin cuts steady while rib and
chuck cuts steady to weak. Beef trimmings higher on light to moderate
demand and light offerings.
Estimated composite cutout value of Choice 1-3 600-900 lbs
carcasses UP 0.24 at 191.72; Select 1-3 600-900 lbs carcasses
DN 0.36 at 188.25; based on 59.87 loads of Choice cuts, 35.22
loads of Select cuts, 3.89 loads of Trimmings, and 45.35
loads of coarse ground trimmings.
CARCASS PRICE EQUIVALENT INDEX VALUE
Estimated carcass price equivalent value of Choice 1-3 600-900 lbs
carcasses UP 0.18 at 182.67; Select 1-3 600-900 lbs carcasses DN 0.12
Current index reflects the equivalent of 175,904 head of cattle.
NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT
The Cutter cow carcass gross cutout value was estimated at 170.88
BY-PRODUCT DROP VALUE
Hide and offal from a typical slaughter steer was estimated at
14.21, UP 0.01.
NATIONAL CARLOT PORK
Sales reported on 27.75 loads of pork cuts and NO loads of
Compared to Wednesday's Close: Fresh butts steady to 1.00 lower;
all other retail cuts not fully established; sdls bellies 14-16 lbs 8.00
higher, other weights not tested; sknd hams 20-27 lbs along with lean
trimmings not tested. 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.* **77.28 UP 0.33.**
seedless bellies 14-16 lbs 140.00.
CARLOT LAMB CARCASS
DAILY CHOICE AND PRIME, YG 1-4 Head 688
Weight Head Wt Avg
45-DN 38 408.53
45-55# 33 344.21
55-65# 28 319.82
65-75# *Price not reported due to confidentiality*
75-85# *Price not reported due to confidentiality*
85-UP 189 211.98
ESTIMATED DAILY LIVESTOCK SLAUGHTER
Cattle: 123,000 Calves: 3,000; Hogs: 426,000; 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
- Commentary: Ag’s leading role in the international marketplace
- Most crop futures are starting Thursday on a strong note
- Surging soy prices sparked a broad crop-market advance Wednesday
- Farrow-to-finish margins tumble
- Goodwill Ambassadors for Family Farming recognized
- The World Series of ag: What inning is your business in?