NW_LS441 Des Moines, IA Thu, May 23, 2013 USDA Market News 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 14.00 per cwt live, unchanged when compared to Wednesday'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 5.00 97.00 - 7.13 Tallow, edible (2) 1.20 43.25 - 0.52 Tallow, packer bleachable 4.50 39.75 - 1.79 Tongues,Swiss #1 0-3%,exp 0.24 360.00 - 0.86 Cheek meat, trmd 0.32 137.75 - 0.44 Head meat 0.13 67.00 - 0.09 Oxtail, selected 0.24 248.00 - 0.60 Hearts, reg, bone out 0.38 72.00 - 0.27 Lips, unscalded 0.13 159.00 - 0.21 Livers, slcted, export 0.96 44.00 - 0.42 Tripe, scalded edible 0.65 77.00 - 0.50 Tripe, honeycomb bleached 0.15 90.00 - 0.14 Lungs, inedible 0.47 4.00 - 0.02 Melts 0.14 5.00 - 0.01 Meat & bone ml 50% blk/ton 3.70 365.00 -26.50 0.68 Blood meal 85% blk/ton pnh 0.60 1050.00 115.00 0.32 Totals: 18.81 14.00 Dressed equivalent basis (63% dress): 22.22 (1) Typical slaughter steer weighs 1,360 pounds (2) May include Technical Animal Fat as both meet the same AFOA specifications The average value of hide and offal for the four days ending Thu, May 23, 2013 was estimated at 13.99 per cwt., down 0.31 from last week and up 0.70 from last year. --------------------------------------------------- USDA BY-PRODUCT DROP VALUE (CATTLE) The hide and offal value from typical fed cattle (steers and heifers 1,300 lbs.) for today was estimated at 14.31 per cwt live, up 0.04 from Wednesday's value. FOB CENTRAL U.S. TODAY'S CALCULATIONS FOR BY-PRODUCT VALUE (CATTLE) Lbs Price Change Value Prv/Dy Cattle hide/Pc 5.00 96.75 0.50 7.44 Tallow, edible (2) 1.20 43.25 - 0.52 Tallow, packer bleachable 4.50 39.75 - 1.79 Tongues, Swiss #1 0-3%,exp 0.24 360.00 - 0.86 Cheek meat, trmd 0.32 137.75 - 0.44 Head meat 0.13 67.00 - 0.09 Oxtail, selected 0.24 248.00 - 0.60 Hearts, reg, bone out 0.38 72.00 - 0.27 Lips, unscalded 0.13 159.00 - 0.21 Livers, slcted,export 0.96 44.00 - 0.42 Tripe, scalded edible 0.65 77.00 - 0.50 Tripe, honeycomb bleached 0.15 90.00 - 0.14 Lungs, inedible 0.47 4.00 - 0.02 Melts 0.14 5.00 - 0.01 Meat & bone ml 50% blk/ton 3.70 365.00 -26.50 0.68 Blood meal 85% blk/ton pnh 0.60 1050.00 115.00 0.32 Totals: 18.81 14.31 Dressed equivalent basis (62.9% dress): 22.75 (1) Typical slaughter cattle weighs 1,300 pounds (2) May include Technical Animal Fat as both meet the same AFOA specifications Source: USDA Market News Service, Des Moines, IA Mike Schrader/Nina Biensen 515-284-4460 Desm.LGMN@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 mds/nb