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National Daily Carlot Pork - Afternoon

11/03/2009 04:01PM

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NW_LS500
Des Moines, IA     Tue, Nov 03, 2009     USDA Market News

USDA NATIONAL CARLOT PORK REPORT as of:  3:00 P.M.
Purchases equated to FOB Omaha Basis.

Compared to Monday's Close:         Fresh loins and butts mostly
steady; sknd hams 20-23 lbs 3.00 lower, other weights not tested; sdls bellies
14-16 lbs steady; lean trimmings 2.00 higher. Trading slow, with light to
moderate demand and offerings.



-----------------------------------------------------------------
Loads PORK CUTS          :              79.0
Loads TRIM/PROCESS PORK  :               2.0
-----------------------------------------------------------------

USDA ESTIMATED PORK CARCASS CUTOUT
Based on FOB Omaha carlot pork prices and industry yields.

Calculations for a 200 lb Pork Carcass. Values reflect U.S. Dollars per 100 pounds.
        53-54% lean, 0.65"-0.80" backfat at last rib
-----------------------------------------------------------------------
           `                     Today's Primal Cutout Values
Date     Loads      Carcass    Loin    Butt   Pic     Rib   Ham  Belly
-----------------------------------------------------------------------
11/03        81.0      59.11   64.72   60.35  40.01  86.13 59.23  72.68
Change :                0.43    0.51   -0.34   3.91   0.71 -0.56    unc
-----------------------------------------------------------------------
11/02        53.8      58.68   64.21   60.69  36.10  85.42 59.79  72.68
10/30        25.0      58.17   65.53   57.85  36.07  84.96 57.68  72.68
10/29       104.0      58.68   65.00   57.77  36.08  86.31 60.09  72.68
10/28       151.3      57.54   65.46   56.76  36.88  84.11 55.69  72.68
Current Five Day Simple Average -
                       58.44   64.98   58.68  37.03  85.39 58.50  72.68
-----------------------------------------------------------------------
NOTE: Value may change without adequate test. A detailed
      description of the cutout is available upon request.

FRESH PORK CUTS
LOINS, BONE-IN ---------------------------------------------------------
  Primal Cutout Value =                                          64.72
------------------------------Lds-- --Price Range---------------Wghtd Avg
1/4" Trim 21#DN-LGT              5.0   82.00   -     87.00        83.50
1/8" Trm/less 21#DN-LGT          4.0   95.00   -     97.00        96.00
1/4" Bladeless
1/4" Trim 21#/UP-MED
Combos 26/Up#(SOW)
LOINS,CNTRCUT,10-11 RIB,1/4"TRM
  Tender-in FLO  8-13#           1.5  122.00   -    128.00       125.33
  Tender-out FLO 8-13#
  BNLS Strap-on  5-11#           5.5  107.00   -    115.00       110.73
  BNLS Strap-off 5-11#          14.5  125.00   -    127.00       125.83
WHLE BNLS LOINS 9-13#
BNLS SIRLOIN .75-1.5#           2.25   84.00   -     86.00        84.22
BONE-IN SIR  2.5-3.5#            3.5   59.00   -     62.00        59.43
BLADE ENDS       2-4#            0.5                 53.00        53.00
TENDERLOIN   1.25/DN#           2.75  190.00   -    220.00       201.91
LOIN BACKRIB (BOXED)
 FRESH   1.5/DN#
      "     1.75/DN#
      "   1.75-2.00#
      "     2.00/UP#             3.5  215.00   -    225.00       222.14
PICNIC -----------------------------------------------------------------
  Primal Cutout Value =                                           40.01
------------------------------Lds-- --Price Range---------------Wghtd Avg
  Smkr Trm, RS, combo            1.0                 43.00        43.00
  Smkr Trm, SS, combo
  Smkr Trm, SS, boxed            3.0                 63.00        63.00
PICNIC CUSHION MEAT
  Boxed 92%   Fresh              1.5   94.00   -    100.00        98.00
  Boxed 92%  Frozen
BOSTON BUTT ------------------------------------------------------------
  Primal Cutout Value =                                           60.35
------------------------------Lds-- --Price Range---------------Wghtd Avg
1/4" TRM 5-10#                   8.0                 73.00        73.00
1/8" TRM 5-10#
1/4" Trim Stk Rdy
1/8" Trim Stk Rdy                7.0                 85.00        85.00
BNLS, Butt
Combo's 11/UP#(SOW)
SPARERIB ---------------------------------------------------------------
 Primal Cutout Value =                                            86.13
------------------------------Lds-- --Price Range---------------Wghtd Avg
3BAG/3 PCVAC4.25#/DN-LGT         1.5                 99.00        99.00
COMBOS      4.25#/DN-LGT
2 BAG/3 PCVAC4.25#/UP-MED        8.0   90.00   -     95.00        92.06
COMBOS  4.25#/UP-MED
FRESH PORK CUTS-ADDED INGREDIENTS -------------------------------------
-------------------------------Lds-----Price Range-----   ------Wghtd Avg.
BONE-IN LOINS 1/8" TRIM
BONE-IN LOINS CC TENDER IN
BNLS LOINS STRAP-ON
BNLS LOINS STRAP-OFF
BNLS SIRLOIN .75-1.5#
BONE-IN SIR  2.5-3.5#
TENDERLOIN   1.25/DN#
LOIN BACKRIB FRESH 2.00/UP#
SMKR TRM SS PICNIC BOXED
1/4" TRIM BUTT
1/4" TRIM STK RDY BUTT
1/8" TRIM STK RDY BUTT
SPARERIB 4.25#/DN-LGT
SPARERIB 4.25#/UP-MED
SKINNED HAM ------------------------------------------------------------
  Primal Cutout Value =                                           59.23
------------------------------Lds-- --Price Range---------------Wghtd Avg
BONE-IN TRIMMED
  17-20# TRIM SPEC 1
  20-23# TRIM SPEC 1             2.0                 66.00        66.00
  23-27# TRIM SPEC 1
BONE-IN 27#/up Trim Spec 1
NORTH AMERICAN EXPORTS
  HAMS, BONE-IN 23-27# TS 1
BNLS 3 MUSCLE HAMS 94-96%
BNLS 4 MUSCLE HAMS 94-96%
BNLS 5 MUSCLE HAMS 94-96%
INSIDE                           0.5                154.00       154.00
OUTSIDE                          0.5                154.00       154.00
KNUCKLE
LITE BUTT
INNER SHANK
HAM TRIMMINGS (CHEM LEAN)
  Combo 72%  Fresh
  Boxed 72%  Frozen
  Combo 90%  Fresh
  Boxed 90%  Frozen
  Outer Shank Frozen
BELLY, SEEDLESS --------------------------------------------------------
  Primal Cutout Value =                                           72.68
------------------------------Lds-- --Price Range---------------Wghtd Avg
SKIN-ON, TRIMMED 10-12#          1.0                 60.00        60.00
SKIN-ON, TRIMMED 12-14#
SKIN-ON, TRIMMED 14-16#          2.0                 75.00        75.00
SKIN-ON, TRIMMED 16-18#
SKIN-ON, TRIMMED 18-20#
SKIN-ON, TRIMMED 20-25#
SKINLESS,         9-13#
SKINLESS,        13-17#
TRIMMINGS/BONELESS PROCESSING PORK (CHEMICAL LEAN) FOB BASIS
------------------------------Lds-- --Price Range---------------Wghtd Avg
Combo 42%  Fresh
Boxed 42%  Frozen
Combo 72%  Fresh                 2.0                 41.00        41.00
Boxed 72%  Frozen
BONELESS PICNIC MEAT
  Combo    Fresh
  Boxed    Frozen
SKINNED JOWLS
  Combo    Fresh
  Boxed    Frozen
TRIM, VISUAL TRACE OF LEAN
  Combo 12-16% Fresh
  Boxed 12-16% Frozen
-------------------------------------------------------------------------
Specifications for all reported cuts available upon request.
-------------------------------------------------------------------------
     STANDARD ADJUSTMENTS FOR CONVERTING TO VACUUM BASIS
Loins (13-23#'s):             Butts (4-9#'s):
 Vacpak  : report basis         Vacpak  : report basis
 Gas Pak : minus $2.00          Gas Pak : no price differential
 Paper   : minus $5.00          Paper   : minus $3.00
 Combo   : minus $6.00          Combo   : minus $4.00
Spareribs:                  Adjustments for Trim -
 Vacpak  : report basis       Bone-in Center Cut Loins:
 Polywrap: minus $7.00          False Lean Off (FLO): report basis
Tenderloins:                    False Lean On  : minus $5.00
 Vacpak  : report basis       Boneless Center Cut Loins:
 Polywrap: minus $10.00         1/4" Trim : report basis
                                1/8" Trim : add $6.00
-------------------------------------------------------------------------
Source:          USDA Market News, Des Moines, IA
                 Phone: 515-284-4460   email: desm.lgmn@usda.gov
                 24 Hour recorded market information 515-284-4830
                 www.ams.usda.gov/LSMarketNews
1530C            crs/ajh





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