NW_LS441 Des Moines, IA Fri, Sep 09, 2022 USDA Market News NOTICE: Starting the week of September 12th, this report will be consolidated with the Cattle Drop into one all-inclusive daily PDF report for easier data consumption, analysis, and visualization. The new report will be published daily and accessed on the AMS website at: https://www.ams.usda.gov/mnreports/ams_2829.pdf. For data and archive reports please view our My Market News page at https://www.ams.usda.gov. For more information, call (515) 284-4460 or email desm.lpgmn@usda.gov. The new, user-friendly PDF report will increase market transparency and foster a more competitive marketplace by providing domestic and international trade volumes and pricing information not previously available. USDA BY-PRODUCT DROP VALUE (STEER) FOB CENTRAL U.S. The hide and offal value from a typical slaughter steer(1) for today was estimated at 13.92 per cwt live, down -0.03 when compared to Thursday'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 4.71 31.50 - 2.25 Tallow, edible (2) 1.20 80.25 - 0.96 Tallow, packer bleachable 4.50 77.25 - 3.48 Tongues,Swiss #1 0-3%,exp 0.24 900.00 - 2.16 Cheek meat, trmd 0.32 190.00 -10.00 0.61 Head meat 0.13 120.00 - 0.16 Oxtail, selected 0.24 308.00 - 0.74 Hearts, reg, bone out 0.38 108.00 - 0.41 Lips, unscalded 0.13 300.00 - 0.39 Livers, slcted, export 0.96 60.00 - 0.58 Tripe, scalded edible 0.65 170.00 - 1.11 Tripe, honeycomb bleached 0.15 312.00 - 0.47 Lungs, inedible 0.47 5.63 - 0.03 Melts 0.14 6.75 - 0.01 Meat & bone ml 50% blk/ton 3.70 110.00 - 0.20 Blood meal 85% blk/ton pnh 0.60 1200.00 - 0.36 Totals: 18.52 13.92 Dressed equivalent basis (63% dress): 22.10 (1) Typical slaughter steer weighs 1,400 pounds (2) May include Technical Animal Fat as both meet the same AFOA specifications The average value of hide and offal for the five days ending Fri, Sep 09, 2022 was estimated at 13.90 per cwt., up 0.10 from last week and down 1.41 from last year. Source: USDA Market News Service, Des Moines, IA Benjamin Feldman 515-284-4460 Desm.LPGMN@ams.usda.gov 24 Hour recorded market information 515-284-4830 www.ams.usda.gov/mnreports/NW_LS441.txt www.ams.usda.gov/LPSMarketNewsPage 1530C BJF