NW_LS851 Des Moines, IA Wed May 22, 2013 USDA Market News USDA Carlot Meat 4:00 Summary, Compared to Previous Day Prices in dollars per hundredweight NATIONAL BOXED BEEF CUTOUT LM_XB403 Boxed beef cutout values firm on Choice while weak on Select on light to moderate demand and light offerings. Select and Choice rib and round cuts weak while chuck and loin items steady to firm. Beef trimmings lower on light to moderate demand and moderate offerings. Estimated composite cutout value of Choice 1-3 600-900 lbs carcasses up 0.54 at 211.20; Select 1-3 600-900 lbs carcasses dn 0.78 at 192.19; based on 69.99 loads of Choice cuts, 73.79 loads of Select cuts, 11.58 loads of trimmings, and 36.23 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 up 0.25 at 192.87; Select 1-3 600-900 lbs carcasses dn 0.41 at 175.62. Current index reflects the equivalent of 131,622 head of cattle. NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT LM_XB405 The Cutter cow carcass gross cutout value was estimated at 159.30 dn 0.45. BY-PRODUCT DROP VALUE NW_LS441 Hide and offal from a typical slaughter steer was estimated at 14.00, up 0.02. NATIONAL CARLOT PORK LM_PK602 Sales reported on 380.54 loads of pork cuts and 61.68 loads of trim/process pork. *Calculations for a 205 lb Pork Carcass 53-54 percent lean 0.65" – 0.80" back fat at last rib.* Pork Carcass Cutout 94.34 up 0.65.** Loin 1/4 inch VAC 115.99-150.00; 20-23 lbs trim selected ham 67.15-74.00; 23-27 lbs trim selected ham 68.48-83.00; 12-14 lbs skin on bellies 157.00-167.00. CARLOT LAMB CARCASS LM_XL501 DAILY CHOICE AND PRIME, YG 1-4 Head 543 Weight Head Wt Avg 45-DN *Price not reported due to confidentiality 45-55# *Price not reported due to confidentiality 55-65# 133 304.89 65-75# *Price not reported due to confidentiality 75-85# 49 242.65 85-UP 298 215.00 ESTIMATED DAILY LIVESTOCK SLAUGHTER SJ_ LS710 Cattle: 124,000; Calves: 3,000; Hogs: 413,000; Sheep: 7,000 Source: USDA Market News Service, Des Moines, IA S. Moore 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/LPSMarketNewsPage 1537C sam