USDA Carlot Meat 4:00 Summary

NW_LS851
Des Moines, IA     Wed May 23, 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 firm to higher on moderate demand and light to moderate offerings. Select and Choice round and loin cuts firm to higher while 
chuck and rib steady to weak.  Beef trimmings lower on light to moderate demand 
and moderate offerings.

   Estimated composite cutout value of Choice 1-3 600-900 lbs carcasses up 1.09
at 195.37; Select 1-3 600-900 lbs carcasses up 0.61 at 187.65; based on 102.03
loads of Choice cuts, 57.85 loads of Select cuts, 19.91 loads of trimmings, and
40.13 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 0.56 at 181.96; Select 1-3 600-900 lbs carcasses up 0.31 at 174.64
   Current index reflects the equivalent of 164280 head of cattle.

NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT  LM_XB405
   The Cutter cow carcass gross cutout value was estimated at 179.4 up 0.50.

BY-PRODUCT DROP VALUE  NW_LS441
   Hide and offal from a typical slaughter steer was estimated at 13.32 up 0.01.

NATIONAL CARLOT PORK  NW_LS500
   Sales reported on 81 loads of pork cuts and 9 loads of trim/process pork
   Compared to Tuesday's Close:    Fresh bone-in loins firm; butts
steady to 1.00 lower; sknd hams 20-27 lbs 1.00 lower; sdls bellies not tested;
lean trimmings 3.00-5.00 lower. Trading slow to moderate, with mostly light
demand and light to mostly moderate offerings.


  *Calculations for a 200 lb Pork Carcass 53-54 percent lean 0.65"-0.80" back
fat at last rib.* **78.64 dn -0.96.**  Loins bone in fresh 1/4 inch trim 21#
DN-LGT 130.00-138.00; Hams bone in trimmed, 20-23 lbs trim spec 1 65.00; 23-27
lbs trim spec 1 65.00.


CARLOT LAMB CARCASS  LM_XL501
DAILY CHOICE AND PRIME, YG 1-4             Head  319
Weight             Head                   Wt Avg
45-DN               18                    487.19
45-55#              38                    414.18
55-65#              73                    383.97
65-75#              15                    335.00
75-85#              30                    330.00
85-UP              145                    292.28


ESTIMATED DAILY LIVESTOCK SLAUGHTER  SJ_ LS710
   Cattle:  124,000; Calves:  3,000; Hogs:  417,000; Sheep:   7,000

Source:  USDA Market News Service, Des Moines, IA
         Nancy Gallagher  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

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