NW_LS851
Des Moines, IA Tue Jan 29, 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
Boxed beef cutout values weak to lower on light demand and light to
moderate offerings. Select and Choice rib, chuck, round and loin cuts
weak to lower. Beef trimmings mostly steady on light demand and offerings.
Estimated composite cutout value of Choice 1-3 600-900 lbs
carcasses DN 0.72 at 186.89; Select 1-3 600-900 lbs carcasses
DN 1.32 at 181.10; based on 78.09 loads of Choice cuts, 56.92
loads of Select cuts, 7.38 loads of Trimmings, and 27.60
loads of coarse ground trimmings.
CARCASS PRICE EQUIVALENT INDEX VALUE
Estimated carcass price equivalent value of Choice 1-3 600-900 lbs
carcasses DN 0.33 at 177.96; Select 1-3 600-900 lbs carcasses DN 0.64
at 171.14.
Current index reflects the equivalent of 159,566 head of cattle.
NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT
The Cutter cow carcass gross cutout value was estimated at UP 164.90
UP 0.08.
BY-PRODUCT DROP VALUE
Hide and offal from a typical slaughter steer was estimated at
13.71, UP 0.08.
NATIONAL CARLOT PORK
As announced on January 7, 2013, AMS implemented a 1-week delayed publication
schedule to facilitate the pork industry's transition from voluntary to
mandatory pork reporting. Concerns have been raised by pork industry
representatives that more time is needed for the industry to examine, explore,
and understand the new information afforded by mandatory wholesale pork
reporting. AMS will continue releasing daily mandatory pork reports on a 1-
week delay until further notice. AMS officials will confer with industry
representatives monthly to re-evaluate the situation until such time that a
transition to normally scheduled reporting can be implemented with minimal
disruption to the industry. In any case, however, "real-time" release of
mandatory pork reports will begin no later than July 8, 2013,
which is 6 months following the effective date of the Final Rule.
Please contact Bill Sumpter at 515-284-4460 or william.sumpter@ams.usda.gov
for more information.
Sales reported on 102.00 loads of pork cuts and 13.0 loads of
trim/process pork.
Compared to Monday's Close: Fresh 1/4" trimmed bone-in loins 2.00
to 4.00 lower; butts 1.00 to 5.00 lower; sknd hams 23-27 lbs 2.00 higher, other
weights not tested; sdls bellies 14-16 lbs 5.00 higher, other weights not
tested; lean trimmings steady to 2.00 higher. Trading moderate, with mostly
light demand for retail cuts on mostly moderate offerings and moderate to good
demand on processing cuts on light offerings.
*Calculations for a 200 lb Pork Carcass 53-54 percent lean
0.65" -0.80" back fat at last rib.* **86.58 UP 0.95.** Loins bone
in fresh 1/4 inch trim 21# DN-LGT 104.00-108.00;
seedless bellies 14-16 lbs 150.00.
CARLOT LAMB CARCASS
DAILY CHOICE AND PRIME, YG 1-4 Head 927
Weight Head Wt Avg
45-DN 19 346.34
45-55# 26 351.62
55-65# 110 276.22
65-75# 375 253.49
75-85# 251 237.20
85-UP 146 211.34
ESTIMATED DAILY LIVESTOCK SLAUGHTER
Cattle: 123,000 Calves: 3,000; Hogs: 422,000; Sheep: 7,000
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
USDA Carlot Meat 4:00 Summary
Related Articles
No matching related articles at this time.
Sponsored Links
- Class III futures see little change
- Showers to slow U.S. corn seedings from blistering pace
- White House urges Senate to cut crop insurance in farm bill
- Weather report: Thunderstorms dot the southern Plains
- Corn market reacted poorly to the Crop Progress data
- 4 rules for growing a business or industry
Comments (0) Leave a comment