STAT Communications Ag Market News

USDA National Carlot Pork Report

DES MOINES - Jan 26/05 - SNS -- The USDA released its latest summary of the U.S. national carlot pork market with prices expressed on an FOB Omaha basis.

USDA NATIONAL CARLOT PORK REPORT as of:  3:00 P.M.
Purchases equated to FOB Omaha Basis.
                                                                                                                                                   Compared to Tuesday's Close:
Compared to Tuesday's Close:   Fresh 1/4" trim loins not
tested, 1/8" trim generally steady; butts 1/4" trim steady; sknd hams
20-27 lbs steady to 1.00 higher; sdls bellies not established; lean
trimmings 2.00 lower. Trading mostly slow, with light demand and light to
moderate offerings.
------------------------------------------------------------
Loads PORK CUTS          :        95.63
Loads TRIM/PROCESS PORK  :         11.0
------------------------------------------------------------
USDA ESTIMATED PORK CARCASS CUTOUT
Based on FOB Omaha carlot pork prices and industry yields.
           Calculations for a 185 lb Pork Carcass
        51-52% lean, 0.80"-0.99" backfat at last rib
-----------------------------------------------------------------
      Total                 Today's Primal Cutout Values
Date  Loads    Carcass    Loin    Butt   Pic    Rib   Ham  Belly
-----------------------------------------------------------------
01/26  106.6      74.38   83.35   71.04 62.02 133.63 69.89  88.73
Change :          -0.68   -2.75   -2.01 -0.15    unc  0.94    unc
-----------------------------------------------------------------
01/25   57.0      75.06   86.11   73.05 62.18 133.63 68.95  88.73
01/24   20.6      74.45   84.60   73.20 62.50 133.63 67.63  88.73
01/21   25.0      75.00   86.78   73.20 62.54 132.99 67.63  88.73
01/20   55.6      75.67   88.99   71.76 62.59 132.99 68.52  88.73
Current Five Day Simple Average -
                  74.91   85.97   72.45 62.37 133.37 68.52  88.73
-----------------------------------------------------------------
NOTE: Value may change without adequate test. A detailed
      description of the cutout is available upon request.
FRESH PORK CUTS
LOINS, BONE-IN -------------------------------------------------
  Primal Cutout Value =                                    83.35
-------------------------Lds-- --Price Range--------------Wghtd Avg
1/4" Trim 21#DN-LGT              118.00   -   120.00       119.08 A
1/8" Trm/less 21#DN-LGT     7.5  118.00   -   122.00       120.93
1/4" Bladeless
1/4" Trim 21#/UP-MED                          120.00       120.00 D
Combos 26/Up#(SOW)
LOINS,CNTRCUT,10-11 RIB,1/4"TRM
  Tender-in FLO  8-13#      7.5  159.00   -   172.00       165.40
  Tender-out FLO 8-13#
  BNLS Strap-on  5-11#      2.5  144.00   -   153.00       147.60
  BNLS Strap-off 5-11#     27.0  150.00   -   170.00       161.04
WHLE BNLS LOINS 9-13#
BNLS SIRLOIN .75-1.5#      2.13  134.00   -   143.00       134.53
BONE-IN SIR  2.5-3.5#      0.75   92.00   -    93.00        92.33
BLADE ENDS       2-4#       0.5                74.00        74.00
TENDERLOIN   1.25/DN#      3.25  240.00   -   267.00       254.38
LOIN BACKRIB (BOXED)
 FRESH   1.5/DN#
      "     1.75/DN#
      "   1.75-2.00#
      "     2.00/UP#        7.5  255.00   -   275.00       264.20
 FROZE   1.5/DN#
      "     1.75/DN#
      "   1.75-2.00#
      "     2.00/UP#                                unq
PICNIC ---------------------------------------------------------
  Primal Cutout Value =                                     62.02
-------------------------Lds-- --Price Range--------------Wghtd Avg
  Smkr Trm, RS, combo                          61.00        61.00 A
  Smkr Trm, SS, combo                          66.00        66.00 A
  Smkr Trm, SS, boxed                               unq
PICNIC CUSHION MEAT
  Boxed 92%   Fresh                           123.00       123.00 B
  Boxed 92%  Frozen
BOSTON BUTT ----------------------------------------------------
  Primal Cutout Value =                                     71.04
-------------------------Lds-- --Price Range--------------Wghtd Avg
1/4" TRM 5-10#              2.0                93.00        93.00
1/8" TRM 5-10#                                      unq
1/4" Trim Stk Rdy           3.0               100.00       100.00
1/8" Trim Stk Rdy           8.0               101.00       101.00
BNLS, Butt
Combo's 11/UP#(SOW)
SPARERIB -------------------------------------------------------
 Primal Cutout Value =                                     133.63
-------------------------Lds-- --Price Range--------------Wghtd Avg
3BAG/3 PCVAC4.25#/DN-LGT         143.00   -   150.00       145.33 B
COMBOS      4.25#/DN-LGT
2 BAG/3 PCVAC4.25#/UP-M     3.0  138.00   -   148.00       143.00
COMBOS  4.25#/UP-MED
SKINNED HAM ----------------------------------------------------
  Primal Cutout Value =                                     69.89
-------------------------Lds-- --Price Range--------------Wghtd Avg
BONE-IN TRIMMED
  17-20# TRIM SPEC 1                           80.00        80.00 A
  20-23# TRIM SPEC 1        2.0                75.00        75.00
  23-27# TRIM SPEC 1       15.0   74.00   -    75.00        74.33
BONE-IN 27#/up Trim Spec 1
NORTH AMERICAN EXPORTS
  HAMS, BONE-IN 23-27#      1.0                74.00        74.00
BNLS 3 MUSCLE HAMS 94-96%
BNLS 4 MUSCLE HAMS 94-96%
BNLS 5 MUSCLE HAMS 94-9     3.0               130.00       130.00
INSIDE
OUTSIDE
KNUCKLE
LITE BUTT
INNER SHANK
HAM TRIMMINGS (CHEM LEAN)
  Combo 72%  Fresh                                  unq
  Boxed 72%  Frozen
  Combo 90%  Fresh
  Boxed 90%  Frozen
  Outer Shank Frozen
BELLY, SEEDLESS ------------------------------------------------
  Primal Cutout Value =                                     88.73
-------------------------Lds-- --Price Range--------------Wghtd Avg
SKIN-ON, TRIMMED 10-12#
SKIN-ON, TRIMMED 12-14#
SKIN-ON, TRIMMED 14-16#
SKIN-ON, TRIMMED 16-18#
SKIN-ON, TRIMMED 18-20#     1.0                62.00        62.00
SKIN-ON, TRIMMED 20-25#
SKINLESS, SQUARED
 Fresh     9-11#
 Fresh    11-13#
 Fresh    13-15#
 Fresh    15-17#
SKINLESS, CENTER CUT
 Fresh     8-10#
 Fresh    10-12#
 Fresh    12-14#
 Fresh    14-16#
TRIMMINGS/BONELESS PROCESSING PORK (CHEMICAL LEAN) FOB BASIS
-------------------------Lds-- --Price Range--------------Wghtd Avg
Combo 42%  Fresh            9.0   29.00   -    31.00        30.00
Boxed 42%  Frozen
Combo 72%  Fresh            2.0                76.00        76.00
Boxed 72%  Frozen
BONELESS PICNIC MEAT
  Combo 72%  Fresh
  Boxed 72%  Frozen                            91.00        91.00 D
SKINNED JOWLS
  Combo    Fresh                               28.00        28.00 A
  Boxed    Frozen                              42.00        42.00 A
FAT, VISUAL TRACE OF LEAN
  Combo    Fresh
  Boxed    Frozen
TRIM, VISUAL TRACE OF LEAN
  Combo 12-16% Fresh                           25.00        25.00 A
  Boxed 12-16% Frozen
-------------------------------------------------------------------
Specifications for all reported cuts available upon request.
-------------------------------------------------------------------
     STANDARD ADJUSTMENTS FOR CONVERTING TO VACUUM BASIS
Loins (13-23#'s):        Butts (4-9#'s):
 Vacpak  : report basis    Vacpak  : report basis
 Gas Pak : minus $2.00     Gas Pak : no price differential
 Paper   : minus $5.00     Paper   : minus $3.00
 Combo   : minus $6.00     Combo   : minus $4.00
Spareribs:             Adjustments for Trim -
 Vacpak  : report basis  Bone-in Center Cut Loins:
 Polywrap: minus $7.00     False Lean Off (FLO): report basis
Tenderloins:               False Lean On  : minus $5.00
 Vacpak  : report basis  Boneless Center Cut Loins:
 Polywrap: minus $10.00    1/4" Trim : report basis
                           1/8" Trim : add $6.00
-------------------------------------------------------------------
ABCDE after quotes represents days since last actual market
test. Quotes are dropped after 5 days of no test or before
if they no longer reflect current market conditions.
-------------------------------------------------------------------
Source:     USDA Market News, Des Moines, IA

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