LM_XL502
Des Moines, IA.         Thu  Sep 4, 2008        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         554.55    -1.00    10.77%    7.33
209  BREAST **                   79.94    -1.20     8.85%    6.02
207  SHOULDERS, SQ-CUT          224.72     0.10    23.53%   16.00
210  FORESHANK                  300.67     3.65     3.82%    2.60
     NECK **                     66.39    -1.07     2.22%    1.51
   HINDSADDLE
232  LOINS, TRIMMED 4X4         517.49     0.40    10.97%    7.46
232E FLANK UNTRIMMED **          55.68    -0.89     3.39%    2.30
233A LEG, TROTTER OFF           261.98     0.26    31.88%   21.68
-----------------------------------------------------------------
    GROSS CARCASS VALUE:        274.86     0.02    95.45%   64.90
 
 
FORESADDLE VALUE                269.65    -0.15    49.20%   33.46
HINDSADDLE VALUE                307.48     0.21    46.24%   31.45
 
Carcass value less process/packaging per cwt cost of $31.50
    NET CARCASS VALUE           243.36     0.02
 
* Shrink and trim of 3.10 lb's not reflected in cutout value
* Based on Actual Federally Inspected Slaughter Carcass Weight
  of 68 lbs. for W/E 8/23/08, up one pound from last week.
**Includes Fresh and Frozen Product
 
Source:      USDA Market News Service, Des Moines, IA
             515-284-4460       email:   desm.lgmn@usda.gov
             www.ams.usda.gov/mnreports/lm_xl502.txt
1600C