By-Product Drop Value

NW_LS441
Des Moines, IA     Fri, May 11, 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 13.75 per cwt live, unchanged
when compared to Thursday'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    5.04   86.00    -       6.49
Tallow, edible               1.20   55.25    -       0.66
Tallow, packer bleachable    4.50   49.25    -       2.22
Tongues,Swiss #1 0-3%, exp   0.24  224.00    -       0.54
Cheek meat, trmd             0.32  139.00    -       0.44
Head meat                    0.13   95.00    -       0.12
Oxtail, selected             0.24  222.50    -       0.53
Hearts, reg, bone out        0.38   61.00    -       0.23
Lips, unscalded              0.13  129.50    -       0.17
Livers, slcted, export       0.96   62.00    -       0.60
Tripe, scalded edible        0.65   65.00    -       0.42
Tripe, honeycomb bleached    0.15  105.00    -       0.16
Lungs, inedible              0.47    3.88    -       0.02
Melts                        0.14    4.13    -       0.01
Meat bone ml, 50% blk/ton    3.70  460.00    -       0.85
Blood meal, 85% blk/ton      0.60  980.00    5.00    0.29
                Totals:     18.85                   13.75
           Dressed equivalent basis (63% dress):    21.83
(1) Typical slaughter steer weighs 1,350 pounds.

The average value of hide and offal for the five days ending
Fri, May 11, 2012   was estimated at 13.78 per cwt.,
down 0.00 from last week and  up 0.22 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 13.97 per cwt
live, up 0.04 from Thursday's value.
FOB CENTRAL U.S.
TODAY'S CALCULATIONS FOR BY-PRODUCT VALUE (CATTLE)
                               Lbs  Price Change     Value
                                          Prv/Dy
Cattle hide/Pc                5.04   85.50    0.50    6.71
Tallow, edible                1.20   55.25   -        0.66
Tallow, packer bleachable     4.50   49.25   -        2.22
Tongues, Swiss #1 0-3%, ex    0.24  224.00   -        0.54
Cheek meat, trmd              0.32  139.00   -        0.44
Head meat                     0.13   95.00   -        0.12
Oxtail, selected              0.24  222.50   -        0.53
Hearts, reg, bone out         0.38   61.00   -        0.23
Lips, unscalded               0.13  129.50   -        0.17
Livers, slcted, gall off,e    0.96   62.00   -        0.60
Tripe, scalded edible         0.65   65.00   -        0.42
Tripe, honeycomb bleached     0.15  105.00   -        0.16
Lungs, inedible               0.47    3.88   -        0.02
Melts                         0.14    4.13   -        0.01
Meat bone ml, 50% blk/ton     3.70  460.00   -        0.85
Blood meal, 85% blk/ton       0.60  980.00    5.00    0.29
                Totals:      18.85                   13.97
        Dressed equivalent basis (62.9% dress):      22.21
(1) Typical slaughter cattle weighs 1,275 pounds




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

1530C    mds/nb

1. Feeder cattle review: Choice beef prices keep rolling higher
2. Ag markets diverge just before the long holiday weekend
3. Armyworms eat fescue pastures, hayfields
4. Commentary: New rules un-COOL
5. Oil edges up on book squaring, but posts big weekly drop
6. Cattle theft and brands

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. More beef cows in worst drought regions than a year ago
5. Post-tornado composting a solution for disposal of dead livestock
6. Michigan hay buyers should plan purchases early

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