NW_LS441 Des Moines, IA Tue, Aug 19, 2008 USDA Market News USDA BY-PRODUCT DROP VALUE (STEER) The hide and offal value from a typical slaughter steer(1) for today was estimated at 11.67 per cwt live, down -0.01 when compared to Monday's value. FOB CENTRAL U.S. TODAY'S CALCULATIONS FOR BY-PRODUCT VALUE (STEER) Lbs Price Change Value Prv/Dy Steer hide, butt brand/Pc 4.91 67.50 - 5.29 Tallow, edible 1.20 40.25 - 0.48 Tallow, packer bleachable 4.50 37.25 -0.50 1.68 Tongues,Swiss #1 0-3%, exp 0.24 200.00 - 0.48 Cheek meat, trmd 0.32 157.00 - 0.50 Head meat 0.13 109.50 - 0.14 Oxtail, selected 0.24 166.75 - 0.40 Hearts, reg, bone out 0.38 75.00 - 0.29 Lips, unscalded 0.13 150.00 - 0.20 Livers, slcted, export 0.96 79.00 0.75 0.76 Tripe, scalded edible 0.65 63.00 - 0.41 Tripe, honeycomb bleached 0.15 97.00 - 0.15 Lungs, inedible 0.47 3.25 - 0.02 Melts 0.14 3.00 - 0.00 Meat bone ml, 50% blk/ton 3.70 359.00 - 0.66 Blood meal, 85% blk/ton 0.60 695.50 - 0.21 Totals: 18.72 11.67 Dressed equivalent basis (63% dress): 18.52 (1) Typical slaughter steer weighs 1,275 pounds. --------------------------------------------------- The hide and offal value from typical fed cattle (steers and heifers 1,240) for today was estimated at 11.82 per cwt live, down -0.01 when compared to Monday's value. Source: USDA Market News, Des Moines, IA Phone: 515-284-4460 email: desm.lgmn@usda.gov 24 Hour recorded market information 515-284-4830 www.ams.usda.gov/LSMarketNews 1530C wly/mds .