Beef
Ag markets posted mixed showing on Tuesday
The weekly Crop Progress report released Monday afternoon obviously depressed corn futures Tuesday, since the indicated surge in U.S. corn plantings easily exceeded expectations.
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USDA Carlot Meat 4:00 Summary
NW_LS851
Des Moines, IA Tue May 21, 2013 USDA Market News
USDA Carlot Meat 4:00 Summary, Compared to Previous Day
Prices in dollars per hundredweight
NATIONAL BOXED BEEF CUTOUT LM_XB403
Boxed beef cutout values weak on Select and firm on Choice on light to
Moderate demand and
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Ag markets generally mixed again Tuesday morning
The weekly Crop Progress report released Monday afternoon obviously depressed corn futures Tuesday morning, since the indicated surge in U.S. corn plantings significantly exceeded expectations.
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Beef Carcass Price Equivalent
NW_LS410
Des Moines, IA Tue, May 21, 2013 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $192.62 $176.03
Change
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Boneless Cow Beef & Beef Trimmings - Afternoon
LM_XB401
Des Moines, IA Tue, May 21, 2013 USDA Market News
NATIONAL/REGIONAL DAILY BONELESS PROCESSING BEEF AND BEEF TRIMMINGS -
Negotiated Sales - Afternoon
FOB Plant basis negotiated sales for delivery within 0-21 day period, including
sales since last report,
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Tallow, Proteins & Hides Report
NW_LS442
Des Moines, IA Tue, May 21, 2013 USDA Market News
USDA TALLOW, PROTEIN, AND HIDE REPORT - FOB CENTRAL U.S.
Dollars/hundredweight (unless otherwise stated) as of 3:00 PM.
TALLOW, GREASE, AND LARD Lds Price Range Wtd Avg
INEDBL, TALW/GRSE FOB CENTRAL
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Boxed Beef - Afternoon
LM_XB403
Des Moines, IA Tue, May 21, 2013 USDA Market News
NATIONAL DAILY BOXED BEEF CUTOUT AND BOXED BEEF CUTS - Negotiated Sales -
Afternoon
USDA ESTIMATED BOXED BEEF CUT-OUT VALUES - as of 1:30pm
Based on negotiated prices and volume of boxed beef cuts
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Beef and Pork Variety Meats Report
NW_LS440
Des Moines, IA Tue, May 21, 2013 USDA Market News
USDA BY-PRODUCT PRICE REPORT - FOB CENTRAL U.S. BASIS
Carlot Basis - Dollars/hundredweight - as of 3:00 PM.
BEEF VARIETY MEATS - FROZEN ---------------------------------------
Items Lds Price
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By-Product Drop Value
NW_LS441
Des Moines, IA Tue, May 21, 2013 USDA Market News
USDA BY-PRODUCT DROP VALUE (STEER) FOB CENTRAL U.S.
The hide and offal value from a typical slaughter steer(1)
for today was estimated at 13.98 per cwt live, up
0.02 when compared to Monday's value.
FOB CENTRAL U.S.
TODAY'S
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Cutter Cow Cutout & Boxed Cow Beef Cuts - Afternoon
LM_XB405
Des Moines, IA Tue, May 21, 2013 USDA Market News
NATIONAL 5-DAY ROLLING CUTTER COW CUTOUT AND BOXED COW BEEF CUTS
USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE - Negotiated Sales - Afternoon
Based on negotiated prices and volume of cow cuts delivered
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Schwieterman: Feeders get a boost overnight with lower corn trade
Feeder cattle futures opened lower but settled sharply higher in all but the May contract on Monday.
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