USDA Carlot Meat 4:00 Summary

NW_LS851
Des Moines, IA          Tue Feb 05, 2013    USDA Market News

**** NOTE CORRECTED CARCASS & LAMB CORRECTIONS ****

USDA Carlot Meat 4:00 Summary, Compared to Previous Day
Prices in dollars per hundredweight, Equated to FOB Omaha Basis  


NATIONAL BOXED BEEF CUTOUT
   
Boxed beef cutout values firm to higher on light to moderate demand 
and light offerings. Select and Choice rib cuts steady to weak while 
chuck, round and loin items firm to higher. Beef trimmings higher on 
light to moderate demand and light offerings.

  Estimated composite cutout value of Choice 1-3 600-900 lbs 
carcasses up 1.57 at 184.31; Select 1-3 600-900 lbs carcasses 
up 0.71 at 179.72; based on 65.17 loads of Choice cuts, 55.41 
loads of Select cuts, 22.99 loads of Trimmings, and 38.97
loads of coarse ground trimmings.

CARCASS PRICE EQUIVALENT INDEX VALUE
    Estimated carcass price equivalent value of Choice 1-3 600-900 lbs 
carcasses UP 0.77 at 177.85; Select 1-3 600-900 lbs carcasses UP 0.34
at 172.09.
   Current index reflects the equivalent of 159,124 head of cattle.

NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT 

   The Cutter cow carcass gross cutout value was estimated at 165.24
dn 0.20.

BY-PRODUCT DROP VALUE
   Hide and offal from a typical slaughter steer was estimated at 
13.64, up 0.02.

NATIONAL CARLOT PORK  
   Sales reported on 106.75 loads of pork cuts and 12.0 loads of 
trim/process pork.
    Compared to Monday's Close:  Fresh 1/4" trimmed loins uevenly
steady; butts 1.00 to 2.00 lower; sknd hams 20-27 lbs 2.00 lower; 
sdls bellies 14-16 lbs 10.00 lower, other weights not tested; lean 
trimmings steady. Trading moderate, with mosly light demand and 
moderate to heavy offerings.

   *Calculations for a 200 lb Pork Carcass 53-54 percent lean 
0.65" -0.80" back fat at last rib.* **84.16 dn 1.62.**  Loins bone 
in fresh 1/4 inch trim 21# DN-LGT 104.00-107.00; Hams bone in trimmed, 
20-23 lbs trim spec 1 76.00; seedless bellies 14-16 lbs 140.00.

CARLOT LAMB CARCASS
DAILY CHOICE AND PRIME, YG 1-4             Head  1,081

Weight                Head                      Wt Avg
45-DN                   53                      348.77
45-55#            *Price not reported due to confidentiality*
55-65#                 151                      287.24
65-75#                 326                      253.73
75-85#                 296                      237.14
85-UP                  241                      211.61
ESTIMATED DAILY LIVESTOCK SLAUGHTER
   Cattle:  121,000 Calves:  3,000; Hogs:  421,000; Sheep: 6,000

Source:  USDA Market News Service, Des Moines, IA
         Lucy Clark  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

1528C            lmc

1. U.S. cattle placements rise in April as feed costs subside
2. Beef bull management refresher
3. Beef research and resources update
4. Workshop to discuss nutrient application, management, stewardship
5. Help for flood affected farmers
6. Representative Lucas discusses new Farm Bill

1. Texas ranchers & cattlemen purchase South Texas beef processor
2. Senate committee to consider ag workers, E-verify next week
3. Insects. They’re what’s for dinner!
4. Glass walls at the packing plant
5. Domestic ethanol production starts to grow again
6. The relationship between retail gasoline prices and futures prices

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