USDA Carlot Meat 4:00 Summary

NW_LS851
Des Moines, IA     Thu May 31, 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 on Choice and lower on Select with light to
moderate demand and moderate offerings. Select and Choice rib, chuck and
round steady to weak. Select loins weak while Choice higher. Ground beef
lower. Beef trimmings generally steady on moderate demand and offerings.

   Estimated composite cutout value of Choice 1-3 600-900 lbs carcasses up 0.31
at 197.31; Select 1-3 600-900 lbs carcasses dn 1.05 at 187.05; based on 101.61
loads of Choice cuts, 53.54 loads of Select cuts, 19.62 loads of trimmings, and
37.37 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 0.4 at 182.19; Select 1-3 600-900 lbs carcasses dn 0.29 at 173.06
   Current index reflects the equivalent of 119,368 head of cattle.

NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT  LM_XB405
   The Cutter cow carcass gross cutout value was estimated at 180.15 up 0.17.

BY-PRODUCT DROP VALUE  NW_LS441
   Hide and offal from a typical slaughter steer was estimated at 13.19 up 0.04.

NATIONAL CARLOT PORK  NW_LS500
   Sales reported on 81.25 loads of pork cuts and 9 loads of trim/process pork
   Compared to Wednesday's Close:  Fresh bone-in loins steady to
weak; butts steady; sknd hams not tested; sdls bellies 5.00 higher; lean
trimmings steady to 3.00 higher. Trading slow to moderate, with light to mostly
moderate demand and light to moderate offerings.

  *Calculations for a 200 lb Pork Carcass 53-54 percent lean 0.65"-0.80" back
fat at last rib.* **81.95 up 1.17.**  Loins bone in fresh 1/4 inch trim 21#
DN-LGT 124.00-138.00; seedless bellies 14-16 lbs 98.00; 16-18 lbs 98.00.


CARLOT LAMB CARCASS  LM_XL501
*Confidentiality of data prohibits publication of this report 
under Livestock Mandatory Reporting.  The report will be 
published when and if enough data is aggregated to meet the 
3/70/20 guideline. For more information, please visit 
www.ams.usda.gov/ConfidentialityGuidelines.*

DAILY CHOICE AND PRIME, YG 1-4             Head  202

Weight                Head                      Wt Avg
45-DN
45-55#
55-65#
65-75#
75-85#
85-UP

ESTIMATED DAILY LIVESTOCK SLAUGHTER  SJ_ LS710
   Cattle:  130,000; Calves:  2,000; Hogs:  424,000; Sheep:   8,000

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

1539C            NJG

1. Beef bull management refresher
2. Beef research and resources update
3. Workshop to discuss nutrient application, management, stewardship
4. Help for flood affected farmers
5. Representative Lucas discusses new Farm Bill
6. U.S. May consumer sentiment highest in nearly 6 years

1. New school lunch beef recipes win approval from kids, foodservice
2. Prices for corn and soybeans, five years from now
3. Drier weather to give big boost to U.S. corn plantings
4. The relationship between retail gasoline prices and futures prices
5. Agriculture is expected to remain strong in the coming decade
6. What sick day? Farmers take just three a year

1. Insects. They’re what’s for dinner!
2. Tyson selects panel to monitor animal welfare program
3. World food supply depends on character, virtuous leadership
4. Commentary: Slanting the statistics
5. Buffet concerned about soil and starvation
6. Cold spring stunts upper Midwest hay crop