USDA Carlot Meat 4:00 Summary

NW_LS851
Des Moines, IA          Wed Feb 20, 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 steady to weak on moderate demand and offerings. 
Select and Choice rib and chuck cuts steady to weak while round and loin cuts 
steady. Beef trimmings steady on light to moderate demand and offerings.

  Estimated composite cutout value of Choice 1-3 600-900 lbs 
carcasses dn 0.16 at 182.31; Select 1-3 600-900 lbs carcasses 
dn 0.35 at 180.53; based on 116.80 loads of Choice cuts, 46.67 
loads of Select cuts, 15.59 loads of Trimmings, and 41.56
loads of coarse ground trimmings.

CARCASS PRICE EQUIVALENT INDEX VALUE
    Estimated carcass price equivalent value of Choice 1-3 600-900 lbs 
carcasses dn 0.16 at 174.06; Select 1-3 600-900 lbs carcasses dn 0.25
at 170.38.
   Current index reflects the equivalent of 133,709 head of cattle.

NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT 

   The Cutter cow carcass gross cutout value was estimated at 167.28
Up 0.49.

BY-PRODUCT DROP VALUE
   Hide and offal from a typical slaughter steer was estimated at 
13.81, up 0.06.

NATIONAL CARLOT PORK  
   Sales reported on 23.75 loads of pork cuts and 4.0 loads of 
trim/process pork.
    Compared to Tuesday's Close:    Fresh 1/4" trimmed bone-in loins 
not tested butts steady to 1.00 higher; processing cuts not established; 
lean trimmings 2.00 higher. Trading very slow, with light 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.* **82.35 up 0.87.**  

CARLOT LAMB CARCASS
  DAILY CHOICE AND PRIME, YG 1-4             Head  792

Weight                Head                      Wt Avg
45-DN                   27                      407.89
45-55#                  34                      334.12
55-65#                 172                      291.24
65-75#*Price not reported due to confidentiality*
75-85#*Price not reported due to confidentiality*
85-UP *Price not reported due to confidentiality* 

ESTIMATED DAILY LIVESTOCK SLAUGHTER
   Cattle:  122,000 Calves:  3,000; Hogs:  421,000; 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

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