NW_LS500 Des Moines, IA Tue, Aug 19, 2008 USDA Market News USDA NATIONAL CARLOT PORK REPORT as of: 3:00 P.M. Purchases equated to FOB Omaha Basis. Compared to Monday's Close: Fresh loins steady to weak; butts generally steady; sknd hams steady; sdls bellies sharply lower; lean trimmings steayd to 7.00 lower. Trading slow to moderate, with mostly light to moderate demand and light to mostly moderate offerings. ----------------------------------------------------------------- Loads PORK CUTS : 88.25 Loads TRIM/PROCESS PORK : 6.0 ----------------------------------------------------------------- USDA ESTIMATED PORK CARCASS CUTOUT Based on FOB Omaha carlot pork prices and industry yields. Calculations for a 200 lb Pork Carcass 53-54% lean, 0.65"-0.80" backfat at last rib ----------------------------------------------------------------------- Total Today's Primal Cutout Values Date Loads Carcass Loin Butt Pic Rib Ham Belly ----------------------------------------------------------------------- 08/19 94.3 92.12 116.62 105.03 74.82 110.78 89.01 84.56 Change : -1.88 -0.78 -0.28 -0.13 3.06 -1.46 -9.26 ----------------------------------------------------------------------- 08/18 37.3 94.00 117.40 105.31 74.95 107.72 90.48 93.82 08/15 17.0 94.41 117.01 104.91 74.80 107.33 90.60 97.31 08/14 54.6 93.89 116.66 104.57 74.80 107.09 88.52 97.31 08/13 91.5 93.60 116.90 102.90 74.26 106.37 88.18 97.31 Current Five Day Simple Average - 93.60 116.92 104.54 74.73 107.86 89.36 94.06 ----------------------------------------------------------------------- NOTE: Value may change without adequate test. A detailed description of the cutout is available upon request. FRESH PORK CUTS LOINS, BONE-IN --------------------------------------------------------- Primal Cutout Value = 116.62 ------------------------------Lds-- --Price Range---------------Wghtd Avg 1/4" Trim 21#DN-LGT 9.0 129.00 - 137.00 133.44 1/8" Trm/less 21#DN-LGT 5.0 144.00 - 147.00 146.10 1/4" Bladeless 1/4" Trim 21#/UP-MED Combos 26/Up#(SOW) LOINS,CNTRCUT,10-11 RIB,1/4"TRM Tender-in FLO 8-13# 3.5 188.00 - 196.00 190.57 Tender-out FLO 8-13# BNLS Strap-on 5-11# 1.5 205.00 - 212.00 207.33 BNLS Strap-off 5-11# 10.0 210.00 - 219.00 214.05 WHLE BNLS LOINS 9-13# BNLS SIRLOIN .75-1.5# 2.25 136.00 - 140.00 137.89 BONE-IN SIR 2.5-3.5# 1.0 98.00 98.00 BLADE ENDS 2-4# TENDERLOIN 1.25/DN# 1.25 240.00 - 262.00 248.00 LOIN BACKRIB (BOXED) FRESH 1.5/DN# " 1.75/DN# " 1.75-2.00# " 2.00/UP# 6.5 295.00 - 309.00 301.92 PICNIC ----------------------------------------------------------------- Primal Cutout Value = 74.82 ------------------------------Lds-- --Price Range---------------Wghtd Avg Smkr Trm, RS, combo Smkr Trm, SS, combo Smkr Trm, SS, boxed PICNIC CUSHION MEAT Boxed 92% Fresh 1.25 132.00 - 133.00 132.80 Boxed 92% Frozen BOSTON BUTT ------------------------------------------------------------ Primal Cutout Value = 105.03 ------------------------------Lds-- --Price Range---------------Wghtd Avg 1/4" TRM 5-10# 4.0 118.00 - 120.00 119.00 1/8" TRM 5-10# 1/4" Trim Stk Rdy 1/8" Trim Stk Rdy 8.5 133.00 - 137.00 134.76 BNLS, Butt Combo's 11/UP#(SOW) SPARERIB --------------------------------------------------------------- Primal Cutout Value = 110.78 ------------------------------Lds-- --Price Range---------------Wghtd Avg 3BAG/3 PCVAC4.25#/DN-LGT 3.5 120.00 - 121.00 120.43 COMBOS 4.25#/DN-LGT 2 BAG/3 PCVAC4.25#/UP-MED 5.0 120.00 - 124.00 120.80 COMBOS 4.25#/UP-MED FRESH PORK CUTS-ADDED INGREDIENTS ------------------------------------- -------------------------------Lds-----Price Range----- ------Wghtd Avg. BONE-IN LOINS 1/8" TRIM BONE-IN LOINS CC TENDER IN BNLS LOINS STRAP-ON BNLS LOINS STRAP-OFF BNLS SIRLOIN .75-1.5# BONE-IN SIR 2.5-3.5# TENDERLOIN 1.25/DN# LOIN BACKRIB FRESH 2.00/UP# SMKR TRM SS PICNIC BOXED 1/4" TRIM BUTT 1/4" TRIM STK RDY BUTT 1/8" TRIM STK RDY BUTT SPARERIB 4.25#/DN-LGT SPARERIB 4.25#/UP-MED SKINNED HAM ------------------------------------------------------------ Primal Cutout Value = 89.01 ------------------------------Lds-- --Price Range---------------Wghtd Avg BONE-IN TRIMMED 17-20# TRIM SPEC 1 1.0 83.00 83.00 20-23# TRIM SPEC 1 2.0 92.00 92.00 23-27# TRIM SPEC 1 2.0 92.00 92.00 BONE-IN 27#/up Trim Spec 1 NORTH AMERICAN EXPORTS HAMS, BONE-IN 23-27# TS 1 BNLS 3 MUSCLE HAMS 94-96% BNLS 4 MUSCLE HAMS 94-96% BNLS 5 MUSCLE HAMS 94-96% INSIDE OUTSIDE KNUCKLE LITE BUTT INNER SHANK HAM TRIMMINGS (CHEM LEAN) Combo 72% Fresh Boxed 72% Frozen Combo 90% Fresh Boxed 90% Frozen Outer Shank Frozen BELLY, SEEDLESS -------------------------------------------------------- Primal Cutout Value = 84.56 ------------------------------Lds-- --Price Range---------------Wghtd Avg SKIN-ON, TRIMMED 10-12# 3.0 74.00 74.00 SKIN-ON, TRIMMED 12-14# 9.0 82.00 - 84.00 82.44 SKIN-ON, TRIMMED 14-16# 2.0 84.00 84.00 SKIN-ON, TRIMMED 16-18# 2.0 85.00 85.00 SKIN-ON, TRIMMED 18-20# SKIN-ON, TRIMMED 20-25# SKINLESS, 9-13# 5.0 105.00 105.00 SKINLESS, 13-17# SKINLESS CONVERTED TO SKIN-ON BASE PRICE 9-13# PRODUCED FROM 12-16# 5.0 84.00 84.00 13-17# PRODUCED FROM 16-18# TRIMMINGS/BONELESS PROCESSING PORK (CHEMICAL LEAN) FOB BASIS ------------------------------Lds-- --Price Range---------------Wghtd Avg Combo 42% Fresh Boxed 42% Frozen Combo 72% Fresh 5.0 100.00 - 108.00 103.20 Boxed 72% Frozen BONELESS PICNIC MEAT Combo Fresh Boxed Frozen SKINNED JOWLS Combo Fresh Boxed Frozen FAT, VISUAL TRACE OF LEAN Combo Fresh Boxed Frozen TRIM, VISUAL TRACE OF LEAN Combo 12-16% Fresh 1.0 82.00 82.00 Boxed 12-16% Frozen ------------------------------------------------------------------------- Specifications for all reported cuts available upon request. ------------------------------------------------------------------------- STANDARD ADJUSTMENTS FOR CONVERTING TO VACUUM BASIS Loins (13-23#'s): Butts (4-9#'s): Vacpak : report basis Vacpak : report basis Gas Pak : minus $2.00 Gas Pak : no price differential Paper : minus $5.00 Paper : minus $3.00 Combo : minus $6.00 Combo : minus $4.00 Spareribs: Adjustments for Trim - Vacpak : report basis Bone-in Center Cut Loins: Polywrap: minus $7.00 False Lean Off (FLO): report basis Tenderloins: False Lean On : minus $5.00 Vacpak : report basis Boneless Center Cut Loins: Polywrap: minus $10.00 1/4" Trim : report basis 1/8" Trim : add $6.00 ------------------------------------------------------------------------- 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 crs/ajh .