Des Moines, IA Wed Mar 26, 2014 USDA Market News
USDA Carlot Meat 4:00 Summary, Compared to Previous Day
Prices in dollars per hundredweight
NATIONAL BOXED BEEF CUTOUT LM_XB403
Boxed beef cutout values firm on Choice and lower on Select on light to moderate
demand and offerings. Select and Choice chuck cuts firm, round cuts weak, and rib
and loin items firm on Choice while lower on Select. Beef trimmings higher on
moderate demand and light to moderate offerings.
Estimated composite cutout value of Choice 1-3 600-900 lbs carcasses
up 0.51 at 241.76; Select 1-3 600-900 lbs carcasses dn 1.14 at 233.31;
based on 69.70 loads of Choice cuts, 31.85 loads of Select cuts, 11.03
loads of trimmings, and 36.55 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 0.65 at 225.28; Select 1-3 600-900 lbs carcasses dn 0.17
Current index reflects the equivalent of 149,523 head of cattle.
NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT LM_XB405
The Cutter cow carcass gross cutout value was estimated at
204.25 dn 0.08.
BY-PRODUCT DROP VALUE NW_LS441
Hide and offal from a typical slaughter steer was estimated at
16.03 up 0.21.
NATIONAL CARLOT PORK LM_PK602
Sales reported on 339.4 loads of pork cuts and 31.95 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 131.91 up 0.52.** Loin 1/4 inch
VAC 158.78-195.29; 20-23 lbs trim selected ham 115.90-131.00; 23-27 lbs trim
selected ham 107.77-115.56; 12-14 lbs skin on bellies 195.00-230.50; 14-16 lbs
skin on bellies 196.00-198.00; 16-18 lbs skin on bellies 196.14-199.00.
CARLOT LAMB CARCASS LM_XL501
DAILY CHOICE AND PRIME, YG 1-4 Head 1,039
Weight Head Wt Avg
45-DN 23 526.52
45-55# 27 361.93
55-65# *Price not reported due to confidentiality
65-75# 262 316.87
75-85# 283 304.00
85-UP 209 290.09
ESTIMATED DAILY LIVESTOCK SLAUGHTER SJ_ LS710
Cattle: 118,000; Calves: 2,000; Hogs: 412,000; Sheep: 7,000
Source: USDA Market News Service, Des Moines, IA
lmc 515-284-4460 Desm.LPGMN@ams.usda.gov
24 Hour recorded market information 515-284-4830
USDA Carlot Meat 4:00 Summary
- Livestock Slaughter: Pork production drops 2%
- Cold Storage: Frozen pork supplies down 3%
- Ag markets closed mostly higher again Friday
- Hog Outlook: Farrow-to-finishers earned $107.25 per head in July
- Slaughter, hog weight adjustments raise second-half production
- WTO rules against U.S. in meat label fight