USDA Carlot Meat 4:00 Summary

NW_LS851
Des Moines, IA          Wed Dec 05, 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 steady on Choice and lower on Select on 
moderate demand and offerings. Select and Choice rib cuts weak to lower, 
chuck and round steady to firm. Loin cuts firm on Choice and lower on 
Select. Beef trimmings sharply lower on moderate demand and heavy 
offerings.

  Estimated composite cutout value of Choice 1-3 600-900 lbs 
carcasses DN 0.16 at 194.89; Select 1-3 600-900 lbs carcasses 
DN 1.69 at 174.83; based on 90.49 loads of Choice cuts, 61.61 
loads of Select cuts, 43.49 loads of Trimmings, and 51.07
loads of coarse ground trimmings.

CARCASS PRICE EQUIVALENT INDEX VALUE
    Estimated carcass price equivalent value of Choice 1-3 600-900 lbs 
carcasses DN 0.24 at 186.05; Select 1-3 600-900 lbs carcasses DN 1.00
at 165.23.
   Current index reflects the equivalent of 106,692 head of cattle.

NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT 

   The Cutter cow carcass gross cutout value was estimated at 160.64
DN 1.53.

BY-PRODUCT DROP VALUE
   Hide and offal from a typical slaughter steer was estimated at 
12.93, UP 0.08.

NATIONAL CARLOT PORK  
   Sales reported on 102.50 loads of pork cuts and 4.0 loads of 
trim/process pork.
    Compared to Tuesday's Close:    Fresh 1/4" trimmed loins generally
steady; butts steady to 2.00 lower; 20-23 lbs hams 2.00 higher, 23-27 lbs 
steady to weak; lean trimmings not tested. Trading moderate, with mostly 
light demand and light to moderate offerings.

   *Calculations for a 200 lb Pork Carcass 53-54 percent lean 
0.65" -0.80" back fat at last rib.* **85.82 DN 0.17.**  Loins bone 
in fresh 1/4 inch trim 21# DN-LGT 106.00; Hams bone in trimmed, 
20-23 lbs trim spec 1  85.00. 

CARLOT LAMB CARCASS
       *Confidentiality of data prohibits publication of this report 
under Livestock Mandatory Reporting.  The report will be 
published when and if enough data is aggregated to meet the 
3/70/20 guideline. For more information, please visit 
www.ams.usda.gov/ConfidentialityGuidelines.*

DAILY CHOICE AND PRIME, YG 1-4             Head  1,252

Weight                Head                      Wt Avg
45-DN
45-55#
55-65#
65-75#
75-85#
85-UP

ESTIMATED DAILY LIVESTOCK SLAUGHTER
   Cattle:  119,000 Calves:  3,000; Hogs:  433,000; 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. New animal identification rules aid disease traceability
2. Oklahoma producers have access to new OQBN tool
3. Survey reveals most Americans in favor of COOL
4. Oil ends higher on weaker dollar, supplies weigh
5. Purdue's beef evaluation program receives 10,000th bull
6. Corn planting pace turns from record slow to record fast

1. Michigan hay buyers should plan purchases early
2. U.S. cattle placements rise in April as feed costs subside
3. Ag markets were mixed to start the new week
4. Corn planting pace turns from record slow to record fast
5. Corn and soybean prices continue to retrace 2012 drought rally
6. Drought losses in Oklahoma top $400 million for 2012

1. Tyson selects panel to monitor animal welfare program
2. BeefTalk: How do we get the next generation to raise beef?
3. 2014 Farm Bill: Are we near an agreement?
4. Farm bill and immigration reform action needed
5. Boxed beef hits record highs, cattle weak to lower