Tallow, Proteins & Hides Report

NW_LS442
Des Moines, IA     Mon, May 21, 2012     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
   Choice white grse (truck)            7.0    46.50 -   46.75      46.57
       Yellow grease (truck)                             40.50      40.50 A
EDBLE LARD, FOB PLANT (truck)
    Loose lard, PS and/or CP
INEDBL, TALW/GRSE CAF CHICAGO
     Packer bleachable <.15%                             48.00      48.00 B
   Renderer bleachable <.15%
         Choice white grease                             48.25      48.25 C
INEDBL TALLOW/GRSE,  CAF GULF
    Packer bleachable tallow
  Renderer bleachable tallow
         Choice white grease
               Yellow Grease
EDBLE TALW & LARD-CAF CHICAGO
               Edible tallow                             54.50      54.50 B
    Loose lard, PS and/or CP
EDBLE TALLOW,        CAF GULF
               Edible tallow                             55.00      55.00 D
-----------------------------
PROTEIN FEED SUPPLEMENTS
 MEAT & BONEMEAL, 50% pro/ton
  Ruminant Central,  Domestic          14.0   400.00 -  443.00     430.36
  Ruminant Panhandle,Domestic          16.0             400.00     400.00
 PORK Meat/Bnmeal,50% pro/ton           5.0             510.00     510.00
 DRT            (lo)/unit pro
 DRT     (lo)/unit pro, pnhdl
 DRT            (hi)/unit pro
 BLOOD MEAL,      85% pro/ton
                      Central                                  unq
                    Panhandle                           990.00     990.00 A
               CAF California
 PORK BLOOD MEAL, 85% pro/ton           2.0            1100.00    1100.00

MAJOR PACKER HIDES, CURED & FLESHED ------------------------------------------
                               Lds               Price/Piece
HVY NATIVE STR    60-62#                                       unq
                  60-64#
                  62-64#
                  64-66#
                  66-68#
                  80-82#
NATIVE STEER      46-48#
COL BRAND STR     60-62#
                  62#Min
                  62-64#                                       unq
                  64-68#
BUTT BRAND STR    60-62#
                  62#Min
                  62-64#                                       unq
                  63-65#                                 84.00  A
                  70-78#
NATIVE HEIFER     46-48#
HVY NATIVE HFR    48-50#
                  48-52#
                  50-52#
                  52-55#
BRANDED HFRS      48-50#
                  48-52#
                  50-52#
BRAND HFR SW      48-50#
                  50-52#
BRND COW SW       52-54#
                  54-56#
BRANDED COW       54-56#
                  65-70#
NATIVE COW        50-52#                                       unq
                  54-56#
DAIRY COW         48-52#
                  50-52#                                       unq
DAIRY COW SW      48-52#
                  52-54#
NATV BULL Con    96-106#
                 100-10#
BRND BULL SWCon  95-105#
                 100-10#
-----------------------------

HVY TEX STEER     60-62#
                  60-64#                                 84.00  A
                  62-64#
                  64#Min
                  66-70#
                  70-74#
HVY TEX STR/HFR   48-50#
                  54#Min
BRANDED STEER     60-62#
                  63-65#                                 83.25  A
                  66#Min



ABCDE after quotes represents days since last actual market
test.  Quotes are dropped after 5 days of no test or before
if they no longer reflect current market conditions.

Source:  USDA Market News Service, Des Moines, IA
         Mike Schrader  515-284-4460  Desm.LGMN@ams.usda.gov
         24 Hour recorded market information 515-284-4830
         www.ams.usda.gov/mnreports/NW_LS442.txt
         www.ams.usda.gov/lsmarketnews

1515C    mds

1. U.S. electricity prices grows 1.1% in 2013
2. Consider oats as a double crop after wheat
3. Jolley: What is to become of beef?
4. Ag markets moved generally higher Wednesday
5. U.S. coal prices steadily increase value
6. Angus breeders honored by the Beef Improvement Federation

1. Will Smith dethroned in latest Peterson Farm Bros. parody
2. 3,000 pounds of copper wire stolen from Oklahoma ranch
3. Changes in U.S.-Mexican cattle and beef trade
4. Crude oil expected to peak and cost of electricity to go down
5. Peterson Brothers: What summer vacation?
6. 2100: 11 billion mouths to feed

1. COOL isn’t working
2. Feedyard margins a train wreck, packers cozy
3. Canadian CJD cases are “classical" form
4. Jolley: What is to become of beef?
5. Will Smith dethroned in latest Peterson Farm Bros. parody
6. New ads emphasize agriculture’s role in economic recovery