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 Friday, July 25, 2008
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NW_LS851
Des Moines, IA Thur July 24, 2008 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
***This report is based on information provided by companies that agreed to
continue to participate in Livestock Mandatory Reporting on a voluntary
basis.***
Boxed beef cutout values were sharply lower on light to moderate demand and
moderate to heavy offerings. Select and Choice chuck and round cuts were weak
while rib and loin cuts were sharply lower. Beef trimmings were generally steady
on moderate demand and offerings.
Estimated composite cutout value of Choice 1-3 600-900 lbs carcasses dn 3.21
at 160.38; Select 1-3 600-900 lbs carcasses dn 2.30 at 155.57; based on 183.64
loads of Choice cuts, 82.89 loads of Select cuts, 27.30 loads of Trimmings, and
43.06 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 1.52 at 147.15; Select 1-3 600-900 lbs carcasses dn 1.07 at 140.84.
Current index reflects the equivalent of 117,511 head of cattle.
NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT LM_XB405
The Cutter cow carcass gross cutout value was estimated at 142.14 up 0.13.
BY-PRODUCT DROP VALUE NW_LS441
Hide and offal from a typical slaughter steer was estimated at 11.94 down
-0.05 when compared to Wednesday's value.
NATIONAL CARLOT PORK NW_LS500
Sales reported on 44.25 loads of pork cuts and 10.5 loads of trim/process
pork.
Compared to Wednesday's Close: Fresh bone-in loins steady; butts 2.00
higher; sknd hams 20-23 lbs steady, other weights not tested; sdls bellies firm;
lean trimmings steady to 2.00 higher. Trading slow, with light to moderate demand
and light offerings.
*Calculations for a 200 lb Pork Carcass 53-54 percent lean 0.65" -0.80" back
fat at last rib.* **85.47 up 0.15** Loins bone in fresh 1/8 inch trim 21# DN-
LGT 127.00; Hams bone in trimmed, 20-23 lbs trim spec 1 91.00; seedless bellies
16-18 lbs 88.00.
CARLOT LAMB CARCASS LM_XL501
DAILY CHOICE AND PRIME, YG 1-4 Head 228
Weight Head Wt Avg
45-DN 39 281.56
45-55# 10 257.35
55-65# 51 235.78
65-75# 57 236.47
75-85# 44 232.00
85-UP 27 225.00
ESTIMATED DAILY LIVESTOCK SLAUGHTER SJ_ LS710
Cattle: 126,000; Calves: 3,000; Hogs: 421,000; Sheep: 10,000
Source: USDA Market News, Des Moines, IA
515-284-4460
www.ams.usda.gov/mnreports/NW_LS851.TXT
4:00c slh
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