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NWLS851
Des Moines, IA Tue May 22, 2012 USDA Market News
USDA Carlot Meat 4:00 Summary, Compared to Previous Day
Prices in dollars per hundredweight
NATIONAL BOXED BEEF CUTOUT LMXB403
Boxed beef cutout values weak on Choice and firm on Select on moderate demand
and offerings. Select and Choice rib, round and loin cuts steady to firm while
chuck items steady to weak. Beef trimmings higher on moderate demand and
offerings, with higher prices set for deferred delivery.
Estimated composite cutout value of Choice 1-3 600-900 lbs carcasses dn 0.31
at 194.28; Select 1-3 600-900 lbs carcasses up 0.57 at 187.04; based on 84.16
loads of Choice cuts, 72.14 loads of Select cuts, 22.91 loads of trimmings, and
35.77 loads of coarse ground trimmings.
CARCASS PRICE EQUIVALENT INDEX VALUE NWLS410
Estimated carcass price equivalent value of Choice 1-3 600-900 lbs carcasses
dn 0.13 at 181.4; Select 1-3 600-900 lbs carcasses up 0.32 at 174.33
Current index reflects the equivalent of 171100 head of cattle.
NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT LMXB405
The Cutter cow carcass gross cutout value was estimated at 178.9 up 0.03.
BY-PRODUCT DROP VALUE NWLS441
Hide and offal from a typical slaughter steer was estimated at 13.31, unchanged.
NATIONAL CARLOT PORK NWLS500
Sales reported on 99.75 loads of pork cuts and 8 loads of trim/process pork
Compared to Monday's Close: Fresh loins steady to weak;
butts 2.00 lower; sknd hams 20-23 lbs 1.00 lower, 23-27 lbs 1.00-2.00 lower;
sdls bellies not tested; lean trimmings weaker undertones. Trading slow to
moderate, with mostly light to moderate 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.* **79.60 dn -2.09.** Hams bone in trimmed, 20-23 lbs trim spec 1 66.00; 23-27 lbs trim spec 1 65.00-66.00.
CARLOT LAMB CARCASS LMXL501
DAILY CHOICE AND PRIME, YG 1-4 Head 656
Weight Head Wt Avg
45-DN 57 450.90
45-55# 26 379.62
55-65# 31 374.19
65-75# 102 332.02
75-85# 296 318.95
85-UP 144 287.05
ESTIMATED DAILY LIVESTOCK SLAUGHTER SJ LS710
Cattle: 126,000; Calves: 3,000; Hogs: 417,000; Sheep: 8,000
Source: USDA Market News Service, Des Moines, IA
Nancy Gallagher 515-284-4460 Desm.LGMN@ams.usda.gov
24 Hour recorded market information 515-284-4830
www.ams.usda.gov/mnreports/NWLS851.txt
www.ams.usda.gov/lsmarketnews
1534C NJG
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