By-Product Drop Value

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NW_LS441
Des Moines, IA     Tue, Jun 17, 2014     USDA Market News

USDA BY-PRODUCT DROP VALUE (STEER) FOB CENTRAL U.S.
The hide and offal value from a typical slaughter steer(1)
for today was estimated at 15.50 per cwt live, up
0.05 when compared to Monday's value.
FOB CENTRAL U.S.
TODAY'S CALCULATIONS FOR BY-PRODUCT VALUE (STEER)
                              Lbs  Price  Change    Value
                                          Prv/Dy
Steer hide, butt brand/Pc    4.68  107.00    -       7.78
Tallow, edible (2)           1.20   39.25    -       0.47
Tallow, packer bleachable    4.50   38.25    -       1.72
Tongues,Swiss #1 0-3%,exp    0.24  380.00    -       0.91
Cheek meat, trmd             0.32  175.00   -7.00    0.56
Head meat                    0.13  123.00    -       0.16
Oxtail, selected             0.24  350.00    -       0.84
Hearts, reg, bone out        0.38   68.00    -       0.26
Lips, unscalded              0.13  175.00    -       0.23
Livers, slcted, export       0.96   44.00    -       0.42
Tripe, scalded edible        0.65   83.00    -       0.54
Tripe, honeycomb bleached    0.15  200.00    -       0.30
Lungs, inedible              0.47    4.88    -       0.02
Melts                        0.14    5.25    -       0.01
Meat & bone ml 50% blk/ton   3.70  485.00   20.00    0.90
Blood meal 85% blk/ton pnh   0.60 1250.00   87.50    0.38
                Totals:     18.49                   15.50
           Dressed equivalent basis (63% dress):    24.60
(1) Typical slaughter steer weighs 1,375 pounds
(2) May include Technical Animal Fat as both meet the same AFOA specifications

        **HIDE WEIGHT ADJUSTED TO REFLECT SEASONAL CHANGE**



---------------------------------------------------
USDA BY-PRODUCT DROP VALUE (CATTLE)
The hide and offal value from typical fed cattle (steers
and heifers 1,300 lbs.) for today was estimated at 15.68 per cwt
live, up 0.05 from Monday's value.
FOB CENTRAL U.S.
TODAY'S CALCULATIONS FOR BY-PRODUCT VALUE (CATTLE)
                               Lbs  Price Change     Value
                                          Prv/Dy
Cattle hide/Pc                4.68  103.50   -        7.96
Tallow, edible (2)            1.20   39.25   -        0.47
Tallow, packer bleachable     4.50   38.25   -        1.72
Tongues, Swiss #1 0-3%,exp    0.24  380.00   -        0.91
Cheek meat, trmd              0.32  175.00   -7.00    0.56
Head meat                     0.13  123.00   -        0.16
Oxtail, selected              0.24  350.00   -        0.84
Hearts, reg, bone out         0.38   68.00   -        0.26
Lips, unscalded               0.13  175.00   -        0.23
Livers, slcted,export         0.96   44.00   -        0.42
Tripe, scalded edible         0.65   83.00   -        0.54
Tripe, honeycomb bleached     0.15  200.00   -        0.30
Lungs, inedible               0.47    4.88   -        0.02
Melts                         0.14    5.25   -        0.01
Meat & bone ml 50% blk/ton    3.70  485.00   20.00    0.90
Blood meal 85% blk/ton pnh    0.60 1250.00   87.50    0.38
                Totals:      18.49                   15.68
        Dressed equivalent basis (62.9% dress):      24.93
(1) Typical slaughter cattle weighs 1,300 pounds
(2) May include Technical Animal Fat as both meet the same AFOA specifications

        **HIDE WEIGHT ADJUSTED TO REFLECT SEASONAL CHANGE**



Source:  USDA Market News Service, Des Moines, IA
         Mike Schrader/Nina Biensen  515-284-4460  Desm.LGMN@ams.usda.gov
         24 Hour recorded market information 515-284-4830
         www.ams.usda.gov/mnreports/NW_LS441.txt
         www.ams.usda.gov/LPSMarketNewsPage

1530C    mds/nb



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