USDA Carlot Meat 4:00 Summary

NW_LS851
Des Moines, IA    Thu Feb 14, 2013    USDA Market News

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

NATIONAL BOXED BEEF CUTOUT  LM_XB403 

Boxed Beef cutout values steady to firm on light to moderate demand and 
offerings. Select and Choice rib, chuck, round, and loin cuts generally steady. 
Beef trimmings higher on moderate demand and light to moderate offerings.

   Estimated composite cutout value of Choice 1-3 600-900 lbs carcasses dn 0.15 
At 183.53; Select 1-3 600-900 lbs carcasses up 0.28 at 179.60; based on 80.79 
loads of Choice cuts, 30.55 loads of Select cuts, 22.82 loads of Trimmings, and 
11.83 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 
Dn 0.28 at 176.52; Select 1-3 600-900 lbs carcasses dn 0.07 at 171.76.
   Current index reflects the equivalent of 150,194 head of cattle.

NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT  LM_XB405

   The Cutter cow carcass gross cutout value was estimated at 166.50 dn 0.39.

BY-PRODUCT DROP VALUE  NW_LS441

   Hide and offal from a typical slaughter steer was estimated at 13.67,
Up 0.04.

NATIONAL CARLOT PORK  NW_LS500

   Sales reported on 86.75 loads of pork cuts and 12.5 loads of trim/process 
pork.

Compared to Wednesday's Close:  Fresh 1/4" trimmed bone-in loins not tested;
butts unevenly steady; processing cuts not tested; lean trimmings 2.00 lower.
Trading moderate; with light to moderate demand and mostly moderate offerings.

   *Calculations for a 200 lb Pork Carcass 53-54 percent lean 0.65" -0.80" back 
fat at last rib.* **80.10 up 0.14.**  Loins bone in fresh 1/4 inch trim 21# DN-
LGT 120.00-124.00.

CARLOT LAMB CARCASS  LM_XL501

DAILY CHOICE AND PRIME, YG 1-4             Head  1,114
Weight                Head                      Wt Avg
45-DN                   33                      389.97
45-55#
55-65#                  40                      344.80
65-75#                 186                      259.05
75-85#                 427                      237.00
85-UP                  380                      213.00

ESTIMATED DAILY LIVESTOCK SLAUGHTER  SJ_ LS710

   Cattle:  119,000; Calves:  3,000; Hogs:  418,000; Sheep:   8,000

Source: USDA Market News, Des Moines, IA
        515-284-4460
        www.ams.usda.gov/mnreports/NW_LS851.TXT

4:00c   sam

1. Workshop to discuss nutrient application, management, stewardship
2. Help for flood affected farmers
3. Representative Lucas discusses new Farm Bill
4. U.S. May consumer sentiment highest in nearly 6 years
5. Cattle producers turn to MSU for reproduction class
6. NCBA Op-Ed: EPA’s data sharing incident a debacle

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

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