LM_XL502 Des Moines, IA Wed, June 19, 2013 USDA Market News USDA ESTIMATED NATIONAL LAMB CARCASS CUTOUT Based on 5-Day Rolling weighted average FOB plant prices collected under Mandatory Price Reporting and industry yields. CUTS FOB PRICE CHANGE %CARCASS LBS FORESADDLE 204 RACK, 8-RIB MEDIUM 508.83 -0.93 10.77% 7.65 209 BREAST ** 91.14 0.78 8.85% 6.28 207 SHOULDERS, SQ-CUT 226.43 3.01 23.53% 16.71 210 FORESHANK 370.30 0.87 3.82% 2.71 NECK ** 98.27 -4.98 2.22% 1.58 HINDSADDLE 232 LOINS, TRIMMED 4X4 457.09 1.58 10.97% 7.79 232E FLANK UNTRIMMED ** 45.42 2.57 3.39% 2.41 233A LEG, TROTTER OFF 308.34 -0.53 31.88% 22.64 -------------------------------------------------------------------------------- GROSS CARCASS VALUE: 282.51 0.70 95.45% 67.77 FORESADDLE VALUE 269.31 1.22 49.20% 34.93 HINDSADDLE VALUE 324.36 0.20 46.24% 32.83 Carcass value less process/packaging per cwt cost of $31.50 NET CARCASS VALUE 251.01 0.70 * Shrink and trim of 3.23 lb's not reflected in cutout value * Based on Actual Federally Inspected Slaughter Carcass Weight of 71.00 lbs. for W/E 06/01/2013 , -1.00lbs lighter than last week. **Includes Fresh and Frozen Product -------------------------------------------------------------------------------- Source: USDA Market News Service, Des Moines, IA 515-284-4460 Desm.LGMN@ams.usda.gov 24 Hour recorded market information 515-284-4830 http://www.ams.usda.gov/mnreports/LM_XL502.txt http://www.ams.usda.gov/LSMarketNews 1530C