By-Product Drop Value

NW_LS441
Des Moines, IA     Thu, Apr 12, 2012     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 13.42 per cwt live, up
0.26 when compared to Wednesday's value.
FOB CENTRAL U.S.
TODAY'S CALCULATIONS FOR BY-PRODUCT VALUE (STEER)
                              Lbs  Price  Change    Value
                                          Prv/Dy
Steer hide, butt brand/Pc    5.15   84.50    2.50    6.38
Tallow, edible               1.20   47.25    -       0.57
Tallow, packer bleachable    4.50   45.25    1.50    2.04
Tongues,Swiss #1 0-3%, exp   0.24  224.00    -       0.54
Cheek meat, trmd             0.32  137.00   -2.00    0.44
Head meat                    0.13  103.00    -       0.13
Oxtail, selected             0.24  260.00    -       0.62
Hearts, reg, bone out        0.38   60.00   -1.50    0.23
Lips, unscalded              0.13  140.00    -       0.18
Livers, slcted, export       0.96   65.00    -       0.62
Tripe, scalded edible        0.65   65.00    -       0.42
Tripe, honeycomb bleached    0.15  132.00    -       0.20
Lungs, inedible              0.47    3.88    -       0.02
Melts                        0.14    4.13    -       0.01
Meat bone ml, 50% blk/ton    3.70  420.00    -       0.78
Blood meal, 85% blk/ton      0.60  800.00    -       0.24
                Totals:     18.96                   13.42
           Dressed equivalent basis (63% dress):    21.30
(1) Typical slaughter steer weighs 1,350 pounds.
        **HIDE WEIGHT ADJUSTED TO REFLECT SEASONAL CHANGE**
The average value of hide and offal for the four days ending
Thu, Apr 12, 2012   was estimated at 13.21 per cwt.,
 up 0.09 from last week and down 0.51 from last year.
---------------------------------------------------
USDA BY-PRODUCT DROP VALUE (CATTLE)
The hide and offal value from typical fed cattle (steers
and heifers 1,275) for today was estimated at 13.57 per cwt
live, up 0.13 from Wednesday's value.
FOB CENTRAL U.S.
TODAY'S CALCULATIONS FOR BY-PRODUCT VALUE (CATTLE)
                               Lbs  Price Change     Value
                                          Prv/Dy
Cattle hide/Pc                5.15   83.25    0.75    6.53
Tallow, edible                1.20   47.25   -        0.57
Tallow, packer bleachable     4.50   45.25    1.50    2.04
Tongues, Swiss #1 0-3%, ex    0.24  224.00   -        0.54
Cheek meat, trmd              0.32  137.00   -2.00    0.44
Head meat                     0.13  103.00   -        0.13
Oxtail, selected              0.24  260.00   -        0.62
Hearts, reg, bone out         0.38   60.00   -1.50    0.23
Lips, unscalded               0.13  140.00   -        0.18
Livers, slcted, gall off,e    0.96   65.00   -        0.62
Tripe, scalded edible         0.65   65.00   -        0.42
Tripe, honeycomb bleached     0.15  132.00   -        0.20
Lungs, inedible               0.47    3.88   -        0.02
Melts                         0.14    4.13   -        0.01
Meat bone ml, 50% blk/ton     3.70  420.00   -        0.78
Blood meal, 85% blk/ton       0.60  800.00   -        0.24
                Totals:      18.96                   13.57
        Dressed equivalent basis (62.9% dress):      21.57
(1) Typical slaughter cattle weighs 1,275 pounds
        **HIDE WEIGHT ADJUSTED TO REFLECT SEASONAL CHANGE**



Source:  USDA Market News Service, Des Moines, IA
         Mike Schrader/Nina Biensen  515-284-4460  Desm.LGMN@ams.usda.gov
         24 Hour recorded market information 515-284-4830
         www.ams.usda.gov/mnreports/NW_LS441.txt
         www.ams.usda.gov/lsmarketnews

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