USDA Carlot Meat 4:00 Summary
11/03/2009 04:01PM
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NW_LS851
Des Moines, IA Tue Nov 03, 2009 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 firm on light demand and offerings. Select and
Choice ribs higher, while chuck, round and loin cuts generally steady. Beef
Trimmings weak on light to moderate demand and offerings.
Estimated composite cutout value of Choice 1-3 600-900 lbs carcasses up 0.22
at 141.85; Select 1-3 600-900 lbs carcasses up 0.63 at 136.46; based on 77.09
loads of Choice cuts, 63.85 loads of Select cuts, 16.10 loads of Trimmings, and
43.34 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 0.16 at 130.58; Select 1-3 600-900 lbs carcasses up 0.36 at 124.97.
Current index reflects the equivalent of 234,556 head of cattle.
NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT LM_XB405
The Cutter cow carcass gross cutout value was estimated at 102.80 up 0.50.
BY-PRODUCT DROP VALUE NW_LS441
Hide and offal from a typical slaughter steer was estimated at 8.46 up
0.02 when compared to Monday's value.
NATIONAL CARLOT PORK NW_LS500
Sales reported on 79.0 loads of pork cuts and 2.0 loads of trim/process
pork.
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.
*Calculations for a 200 lb Pork Carcass 53-54 percent lean 0.65" -0.80" back
fat at last rib.* **59.11 up 0.43** Loins bone in fresh 1/4 inch trim 21# DN-
LGT 82.00-87.00; Hams bone in trimmed, 20-23 lbs trim spec 1 66.00; seedless
bellies 14-16 lbs 75.00.
CARLOT LAMB CARCASS LM_XL501
*Today's trades not reportable because they did not meet the 3/70/20 guideline
for carcass lambs. Below is the last reported market as of 11/2/2009.*
DAILY CHOICE AND PRIME, YG 1-4 Head
Weight Head Wt Avg
45-DN *271.15
45-55# *240.23
55-65# *205.35
65-75# *199.73
75-85# *195.36
85-UP *188.71
ESTIMATED DAILY LIVESTOCK SLAUGHTER SJ_ LS710
Cattle: 125,000; Calves: 4,000; Hogs: 435,000; Sheep: 10,000
Source: USDA Market News, Des Moines, IA
515-284-4460
www.ams.usda.gov/mnreports/NW_LS851.TXT
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