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,
NATIONAL CARLOT PORK NW_LS500
Sales reported on 86.75 loads of pork cuts and 12.5 loads of trim/process
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-
CARLOT LAMB CARCASS LM_XL501
DAILY CHOICE AND PRIME, YG 1-4 Head 1,114
Weight Head Wt Avg
45-DN 33 389.97
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
USDA Carlot Meat 4:00 Summary
- Commentary: A new counter to GMO haters
- FDA plans webinar on antiparasitic resistance
- Commentary: Activists claiming victory
- Ag markets posted a mixed showing before the long weekend
- 2015 fiscal agriculture exports projected down from 2014
- Feeder Cattle Review: Cattle traded 'unevenly steady' this week