USDA Carlot Meat 4:00 Summary

NW_LS851
Des Moines, IA          Mon Apr 09, 2012    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
   Boxed beef cutout values higher on moderate demand and light to moderate 
offerings. Select and Choice rib, chuck and loin cuts firm to higher while 
round items weak.  Beef trimmings lower on light demand and moderate to heavy
offerings.

  Estimated composite cutout value of Choice 1-3 600-900 lbs 
carcasses up 1.00 at 178.61; Select 1-3 600-900 lbs carcasses 
up 1.58 at 176.88; based on 71.63 loads of Choice cuts, 26.86 
loads of Select cuts, 47.44 loads of Trimmings, and 24.61
loads of coarse ground trimmings.

CARCASS PRICE EQUIVALENT INDEX VALUE
    Estimated carcass price equivalent value of Choice 1-3 600-900 lbs 
carcasses up 0.39 at 172.14; Select 1-3 600-900 lbs carcasses up 0.63
at 169.44.
   Current index reflects the equivalent of 154,953 head of cattle.

NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT 

   The Cutter cow carcass gross cutout value was estimated at 171.34
up 0.04.

BY-PRODUCT DROP VALUE
   Hide and offal from a typical slaughter steer was estimated at 
13.11, dn 0.01.

NATIONAL CARLOT PORK  
   Sales reported on 39.25 loads of pork cuts and 3.0 loads of 
trim/process pork.
    Compared to Friday's Close:     Fresh loins steady; butts firm;
sknd hams 23-27 lbs steady, all other weights along with sdls bellies not 
tested;  lean trimmings 2.00 lower. 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.* **78.41 dn 0.13.**  Loins bone 
in fresh 1/4 inch trim 21# DN-LGT 121.00-122.00. 

CARLOT LAMB CARCASS
   
DAILY CHOICE AND PRIME, YG 1-4             Head  1,697

Weight                Head                      Wt Avg
45-DN                   28                      561.23
45-55#                  43                      418.13
55-65#                 118                      368.52
65-75#                 287                      343.50
75-85#                 676                      331.51
85-UP                  545                      302.13

ESTIMATED DAILY LIVESTOCK SLAUGHTER
   Cattle:  100,000 Calves:  3,000; Hogs:  274,000; Sheep: 8,000

Source:  USDA Market News Service, Des Moines, IA
         Lucy Clark  515-284-4460  Desm.LGMN@ams.usda.gov
         24 Hour recorded market information 515-284-4830
         www.ams.usda.gov/mnreports/NW_LS851.txt
         www.ams.usda.gov/lsmarketnews

1528C            lmc

1. Vilsack: Taking time to remember the fallen
2. Livestock Marketing: Beef prices remain strong, cattle pressured
3. Farm Bill progress
4. Feeder cattle review: Choice beef prices keep rolling higher
5. Ag markets diverge just before the long holiday weekend
6. Armyworms eat fescue pastures, hayfields

1. Commentary: New rules un-COOL
2. Former Eastern Livestock CEO, CFO sentenced for federal crimes
3. TSCRA works with sale barns to catch Houston cattle thief
4. NASA backs 3D food printer to feed growing population
5. More beef cows in worst drought regions than a year ago
6. Post-tornado composting a solution for disposal of dead livestock

1. Commentary: New rules un-COOL
2. Commentary: In praise of animal foods
3. What’s on America’s grill this weekend?
4. NASA backs 3D food printer to feed growing population
5. Meat industry associations quick to attack the new MCOOL rule
6. Commentary: Message to Occupy Monsanto: Occupy yourself