Des Moines, IA Fri May 10, 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 weak on moderate demand and moderate
to fairly good offerings. Select and Choice chuck and round cuts steady
to weak while rib and loin cuts steady to firm. Beef trimmings lower on
light demand and light to moderate offerings.
Estimated composite cutout value of Choice 1-3 600-900 lbs
carcasses DN 0.51 at 204.98; Select 1-3 600-900 lbs carcasses
UP 0.17 at 191.20; based on 86.42 loads of Choice cuts, 72.46
loads of Select cuts, 6.11 loads of Trimmings, and 12.52
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 2.15 at 189.38; Select 1-3 600-900 lbs carcasses DN 1.81
Current index reflects the equivalent of 110,466 head of cattle.
NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT LM_XB405
The Cutter cow carcass gross cutout value was estimated at 160.20
BY-PRODUCT DROP VALUE NW_LS441
Hide and offal from a typical slaughter steer was estimated at
14.20, DN 0.03.
NATIONAL CARLOT PORK http://www.ams.usda.gov/mnreports/lm_pk602.txt
Sales reported on 306.35 loads of pork cuts and 21.48 loads of
*Calculations for a 205 lb Pork Carcass 53-54 percent lean
0.65" -0.80" back fat at last rib.* Pork Carcass cutout**89.87 UP 0.70.**
Loin 1/4 inch VAC 108.00-133.00; Hams trimmed selected 17-20 lbs 70.00-77.23;
20-23 lbs trimmed selected ham 66.99-87.38; 20-27 lbs
trimmed selected ham 66.00-79.25; skin on bellies 12-14 lbs 135.44-155.52;
skin on bellies 14-16 lbs 135.44-156.50.
CARLOT LAMB CARCASS
LM_XL501 Compared to last week: Carcasses were mixed: Carcasses 45#
and lighter were sharply lower; 45-55# 1.83 lower; 55# and
heavier .73 to 2.97 higher. Market activity was slow on
light demand and moderate offerings.
Negotiated sales for delivery within 14 calendar days,
FOB Plant basis.
DAILY CHOICE AND PRIME, YG 1-4 Head 1,805
Weight Head Wt Avg
45-DN 41 446.79
45-55# 54 329.44
55-65# 219 279.37
65-75# 395 256.04
75-85# 504 237.64
85-UP 592 214.66
ESTIMATED DAILY LIVESTOCK SLAUGHTER
Cattle: 116,000 Calves: 2,000; Hogs: 402,000; Sheep: 6,000
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
- Bears made presence felt in the ag markets Thursday afternoon
- What’s the value of your network?
- Ag markets proved surprisingly changeable Thursday morning
- U.S. farmers resort to giant storage bags to avoid cheap sales
- California pays the price for Corn Belt’s cold snap
- Lighter Side: Lady Gaga enlisted in Calif. drought relief efforts