By-Product Drop Value

NW_LS441
Des Moines, IA     Fri, Mar 30, 2012     USDA Market News

USDA Market News is interested in knowing how we can best meet your information
needs. To do this, we are conducting an online survey of our customers.  We
have asked the CFI Group, a third party research and consulting firm, to
confidentially administer the survey. The survey will take approximately 10
minutes of your time.  Please assist us in assessing our performance by
completing the survey available by clicking on the following address or by
pasting it into your browser:  https://svy.cfigroup.com/surveys/XZVW9P.

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 13.07 per cwt live, down
-0.06 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    5.21   82.00   -0.50    6.19
Tallow, edible               1.20   45.25    -       0.54
Tallow, packer bleachable    4.50   43.75    -       1.97
Tongues,Swiss #1 0-3%, exp   0.24  224.00    -       0.54
Cheek meat, trmd             0.32  142.50   -0.25    0.46
Head meat                    0.13  105.00    -       0.14
Oxtail, selected             0.24  260.00    -       0.62
Hearts, reg, bone out        0.38   59.25   -4.75    0.23
Lips, unscalded              0.13  140.00    -       0.18
Livers, slcted, export       0.96   65.00    -       0.62
Tripe, scalded edible        0.65   65.00    -       0.42
Tripe, honeycomb bleached    0.15  132.00    -       0.20
Lungs, inedible              0.47    3.88    -       0.02
Melts                        0.14    4.13    -       0.01
Meat bone ml, 50% blk/ton    3.70  380.00   -5.00    0.70
Blood meal, 85% blk/ton      0.60  775.00    -       0.23
                Totals:     19.02                   13.07
           Dressed equivalent basis (63% dress):    20.75
(1) Typical slaughter steer weighs 1,350 pounds.

The average value of hide and offal for the five days ending
Fri, Mar 30, 2012   was estimated at 13.26 per cwt.,
down 0.45 from last week and down 0.27 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 13.35 per cwt
live, unchanged 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                5.21   82.50    0.25    6.47
Tallow, edible                1.20   45.25   -        0.54
Tallow, packer bleachable     4.50   43.75   -        1.97
Tongues, Swiss #1 0-3%, ex    0.24  224.00   -        0.54
Cheek meat, trmd              0.32  142.50   -0.25    0.46
Head meat                     0.13  105.00   -        0.14
Oxtail, selected              0.24  260.00   -        0.62
Hearts, reg, bone out         0.38   59.25   -4.75    0.23
Lips, unscalded               0.13  140.00   -        0.18
Livers, slcted, gall off,e    0.96   65.00   -        0.62
Tripe, scalded edible         0.65   65.00   -        0.42
Tripe, honeycomb bleached     0.15  132.00   -        0.20
Lungs, inedible               0.47    3.88   -        0.02
Melts                         0.14    4.13   -        0.01
Meat bone ml, 50% blk/ton     3.70  380.00   -5.00    0.70
Blood meal, 85% blk/ton       0.60  775.00   -        0.23
                Totals:      19.02                   13.35
        Dressed equivalent basis (62.9% dress):      21.22
(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. Livestock Marketing: Beef prices remain strong, cattle pressured
2. Farm Bill progress
3. Feeder cattle review: Choice beef prices keep rolling higher
4. Ag markets diverge just before the long holiday weekend
5. Armyworms eat fescue pastures, hayfields
6. Commentary: New rules un-COOL

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. NASA backs 3D food printer to feed growing population
6. Post-tornado composting a solution for disposal of dead livestock

1. Commentary: In praise of animal foods
2. Commentary: New rules un-COOL
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