STAT Communications Ag Market News

Daily Carlot Meat Trade Summary

DES MOINES - Feb 4/09 - SNS -- The USDA's Argicultural Market Service (AMS) office here issued its latest daily review of the U.S. carlot market for various types of meat.

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 weak to lower on moderate demand and moderate to
heavy offerings.  Select and Choice rib, chuck, round and loin cuts steady
to weak.  Beef trimmings generally steady on moderate demand and offerings.
   Estimated composite cutout value of Choice 1-3 600-900 lbs carcasses DN 0.91
at 140.21; Select 1-3 600-900 lbs carcasses DN 0.47 at 136.90; based on 162.75
loads of Choice cuts, 144.87 loads of Select cuts, 42.41 loads of Trimmings, and
70.14 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 0.69 at 128.41; Select 1-3 600-900 lbs carcasses DN 0.48 at 123.30.
   Current index reflects the equivalent of 256,932 head of cattle.
NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT  LM_XB405
   The Cutter cow carcass gross cutout value was estimated at 111.19 DN 0.18.
BY-PRODUCT DROP VALUE  NW_LS441
   Hide and offal from a typical slaughter steer was estimated at 6.95, UP 0.02.
NATIONAL CARLOT PORK  NW_LS500
   Sales reported on 103.50 loads of pork cuts and 11.0 loads of trim/process
pork.
    Compared to Tuesday's Close:   Fresh loins generally steady;
butts steady to 1.00 lower; sknd hams 17-23 lbs 2.00-5.00 lower, 23-27 lbs
steady to 1.00 higher; sdls bellies steady; lean trimmings firm. Trading slow
to moderate, with light to moderate demand and offerings.
   *Calculations for a 200 lb Pork Carcass 53-54 percent lean 0.65" -0.80" back
fat at last rib.* **57.16 UP .16.**  Loins bone in fresh 1/4 inch trim 21# DN-
LGT 95.00-96.00; Hams bone in trimmed, 17-20 lbs trim spec 1 40.00-40.00; 20-23 lbs
trim spec 1  40.00-43.00; seedless bellies 14-16 lbs 75.00; 16-18 lbs 72.00.
CARLOT LAMB CARCASS  LM_XL501
DAILY CHOICE AND PRIME, YG 1-4             Head  927
Weight                Head                      Wt Avg
45-DN                   26                      292.38
45-55#                  88                      242.53
55-65#                 196                      240.10
65-75#                 257                      206.81
75-85#                 317                      202.55
85-UP                   43                      202.00
ESTIMATED DAILY LIVESTOCK SLAUGHTER  SJ_ LS710
   Cattle:  122,000; Calves:  4,000; Hogs:  430,000; Sheep:  8,000
Source: USDA Market News, Des Moines, IA

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