USDA Carlot Meat 4:00 Summary
07/28/2010 04:01PM
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NW_LS851
Des Moines, IA Wed Jul 28, 2010 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 weak on Choice and firm on Select. Select and Choice
rib, chuck, and round items steady to weak while loin cuts firm to higher. Beef
trimmings lower on light to moderate demand and offerings.
Estimated composite cutout value of Choice 1-3 600-900 lbs carcasses dn 0.53
at 154.70; Select 1-3 600-900 lbs carcasses up 0.61 at 146.34; based on 99.98
loads of Choice cuts, 60.93 loads of Select cuts, 16.97 loads of Trimmings, and
44.01 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 0.15 at 142.92; Select 1-3 600-900 lbs carcasses dn 0.04 at 133.56.
Current index reflects the equivalent of 220,901 head of cattle.
NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT LM_XB405
The Cutter cow carcass gross cutout value was estimated at 131.01 dn 1.97.
BY-PRODUCT DROP VALUE NW_LS441
Hide and offal from a typical slaughter steer was estimated at 10.60 up
0.05 when compared to Tuesday's value.
NATIONAL CARLOT PORK NW_LS500
Sales reported on 34.25 loads of pork cuts and 2.0 loads of trim/process
pork.
Compared to Tuesday's Close: Fresh bone-in loins not tested; butts mostly
1.00-4.00 higher; sknd hams not tested, bnls hams firm; sdls bellies 10.00
higher; lean trimmings not established. Trading slow, with moderate to good
demand and mostly light offerings.
*Calculations for a 200 lb Pork Carcass 53-54 percent lean 0.65" -0.80" back
fat at last rib.* **89.35 up 2.49** ; seedless bellies 12-14 lbs 135.00;
14-16 lbs 135.00; 16-18 lbs 135.00.
CARLOT LAMB CARCASS LM_XL501
DAILY CHOICE AND PRIME, YG 1-4 Head 1,994
Weight Head Wt Avg
45-DN 32 374.34
45-55# 131 267.62
55-65# 598 259.94
65-75# 553 248.29
75-85# 427 242.31
85-UP 253 237.59
ESTIMATED DAILY LIVESTOCK SLAUGHTER SJ_ LS710
Cattle: 130,000; Calves: 3,000; Hogs: 400,000; Sheep: 7,000
Source: USDA Market News, Des Moines, IA
515-284-4460
www.ams.usda.gov/mnreports/NW_LS851.TXT
4:00c slh