LM_XL502
Des Moines, IA     Wed, Feb 08, 2012     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         773.29    -2.20    10.77%     8.19
209  BREAST **                  143.95     1.81     8.85%     6.73
207  SHOULDERS, SQ-CUT          282.87     0.84    23.53%    17.88
210  FORESHANK                  480.48    -2.37     3.82%     2.90
     NECK **                    125.22    -2.21     2.22%     1.69
     HINDSADDLE
232  LOINS, TRIMMED 4X4         539.90     3.02    10.97%     8.34
232E FLANK UNTRIMMED **          77.77    -1.92     3.39%     2.58
233A LEG, TROTTER OFF           434.70     1.30    31.88%    24.23
-----------------------------------------------------------------
    GROSS CARCASS VALUE:        384.24     0.66    95.45%    72.54


FORESADDLE VALUE                373.49    -0.04    49.20%    37.39
HINDSADDLE VALUE                433.50     1.47    46.24%    35.15

Carcass value less process/packaging per cwt cost of $31.50
    NET CARCASS VALUE           352.74     0.66

* Shrink and trim of 3.46 lbs. not reflected in cutout value
* Based on Actual Federally Inspected Slaughter Carcass Weight
  of 76 lbs. for W/E 01/21/2012, unchanged from last week.
**Includes Fresh and Frozen Product

Source:  USDA Market News Service, Des Moines, IA
         Mark Werner  515-284-4460  Desm.LGMN@ams.usda.gov
         24 Hour recorded market information 515-284-4830
         www.ams.usda.gov/mnreports/LM_XL502.txt
         www.ams.usda.gov/lsmarketnews


1545C