LM_XL502
Des Moines, IA     Tue, Nov 24, 2009     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         449.24     0.06    10.77%     7.43
209  BREAST **                   75.00     0.21     8.85%     6.11
207  SHOULDERS, SQ-CUT          211.85    -0.41    23.53%    16.24
210  FORESHANK                  306.83    -0.35     3.82%     2.64
     NECK **                     61.86    -0.12     2.22%     1.53
     HINDSADDLE
232  LOINS, TRIMMED 4X4         348.83    -5.36    10.97%     7.57
232E FLANK UNTRIMMED **          61.37    -0.55     3.39%     2.34
233A LEG, TROTTER OFF           256.54    -2.36    31.88%    22.00
-----------------------------------------------------------------
    GROSS CARCASS VALUE:        240.14    -1.45    95.45%    65.86


FORESADDLE VALUE                239.81    -0.18    49.20%    33.95
HINDSADDLE VALUE                264.13    -2.94    46.24%    31.91

Carcass value less process/packaging per cwt cost of $31.50
    NET CARCASS VALUE           208.64    -1.45

* Shrink and trim of 3.14 lb's not reflected in cutout value
* Based on Actual Federally Inspected Slaughter Carcass Weight
  of 69 lbs. for W/E 11/07/09, up 1 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/LSMarketNews
1600C