Des Moines, IA Fri Nov 01, 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 to lower on very light to light demand and light
offerings. Choice rib and chuck cuts steady while Select weak. Select and Choice
round and loin cuts weak. Beef trimmings lower on very light to light demand and
Estimated composite cutout value of Choice 1-3 600-900 lbs carcasses
up 1.12 at 204.24; Select 1-3 600-900 lbs carcasses up 0.62 at 188.12;
based on 60.75 loads of Choice cuts, 40.70 loads of Select cuts, 5.80
loads of trimmings, and 10.13 loads of coarse ground trimmings.
CARCASS PRICE EQUIVALENT INDEX VALUE NW_LS410
Estimated carcass price equivalent value of Choice 1-3 600-900 lbs
carcasses up 0.31 at 194.77; Select 1-3 600-900 lbs carcasses up 0.12
Current index reflects the equivalent of 72,181 head of cattle.
NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT LM_XB405
The Cutter cow carcass gross cutout value was estimated at
155.69 dn 0.89.
BY-PRODUCT DROP VALUE NW_LS441
Hide and offal from a typical slaughter steer was estimated at
14.28 down 0.02.
NATIONAL CARLOT PORK LM_PK602
Sales reported on 239.29 loads of pork cuts and 18.64 loads of
*Calculations for a 205 lb Pork Carcass 53-54 percent lean 0.65" -0.80"
back fat at last rib.* Pork Carcass Cutout 94.05 up 0.** Loin 1/4 inch
VAC 110.00-126.89; 17-20 lbs trim selected ham 92.00-114.24; 20-23
lbs trim selected ham 90.00-108.13; 23-27 lbs trim selected ham 91.00-107.00; 16-18 lbs
skin on bellies 122.02-125.00.
CARLOT LAMB CARCASS LM_XL501
DAILY CHOICE AND PRIME, YG 1-4 Head 1,358
Weight Head Wt Avg
45-DN 95 379.84
45-55# 66 316.48
55-65# 387 281.33
65-75# 363 275.99
75-85# 291 273.03
85-UP 156 265.12
ESTIMATED DAILY LIVESTOCK SLAUGHTER SJ_ LS710
Cattle: 116,000; Calves: 3,000; Hogs: 429,000; Sheep: 5,000
Source: USDA Market News Service, Des Moines, IA
lmc 515-284-4460 Desm.LPGMN@ams.usda.gov
24 Hour recorded market information 515-284-4830
USDA Carlot Meat 4:00 Summary
- Feeder Cattle Review: Bullish cattle-on-feed report fuels fire
- Cattle Outlook: Fed cattle prices set new records
- Mid-year inventory shows further declines in cattle numbers
- Ag futures ended the week in decidedly mixed fashion
- Ag markets remained quite mixed at noon Friday
- Building beef cow herd requires quality management and genetics