USDA Carlot Meat 4:00 Summary

NW_LS851
Des Moines, IA     Mon May 21, 2012     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 higher on Choice and steady on Select on 
Moderate demand and light to moderate offerings. Select rib, round and 
loin cuts weak while Choice firm to higher; Select and Choice chuck cuts 
steady to weak. Beef trimmings generally steady on light to moderate 
demand and offerings.

   Estimated composite cutout value of Choice 1-3 600-900 lbs carcasses 
up 2.08 at 194.59; Select 1-3 600-900 lbs carcasses dn 0.09 at 186.47; 
based on 103.19 loads of Choice cuts, 47.09 loads of Select cuts, 25.3 
loads of trimmings, and 19.88 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 3.16 at 181.53; Select 1-3 600-900 lbs carcasses up 1.89 at 
174.01.
   Current index reflects the equivalent of 169615 head of cattle.

NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT  LM_XB405
   The Cutter cow carcass gross cutout value was estimated at 178.87 dn 
0.41.

BY-PRODUCT DROP VALUE  NW_LS441
   Hide and offal from a typical slaughter steer was estimated at 13.35 
down 0.1.

NATIONAL CARLOT PORK  NW_LS500
   Sales reported on 34.75 loads of pork cuts and 10 loads of 
trim/process pork.
   Compared to Friday's Close:  Fresh bone-in loins not tested; butts 
weak to 2.00 lower; sknd hams 20-27 lbs 1.00 lower; sdls bellies not
tested; lean trimmings unevenly steady. 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.* **81.69 up 0.21.**  Hams bone in trimmed, 20-23 
lbs trim spec 1 67.00; 23-27 lbs trim spec 1 67.00.
 
CARLOT LAMB CARCASS  LM_XL501
DAILY CHOICE AND PRIME, YG 1-4             Head  2,924
Weight             Head                   Wt Avg
45-DN               35                    401.37
45-55#             104                    400.15
55-65#             342                    352.94
65-75#             528                    333.95
75-85#             860                    319.44
85-UP              1055                   290.03


ESTIMATED DAILY LIVESTOCK SLAUGHTER  SJ_ LS710
   Cattle:  126,000; Calves:  3,000; Hogs:  418,000; Sheep:   9,000

Source:  USDA Market News Service, Des Moines, IA
         Susie Moore  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

1521C            sm

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