NW_LS441 Des Moines, IA Thu, Jul 09, 2009 USDA Market News USDA BY-PRODUCT DROP VALUE (STEER) The hide and offal value from a typical slaughter steer(1) for today was estimated at 7.16 per cwt live, up 0.15 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 4.92 39.00 2.00 3.00 Tallow, edible 1.20 25.25 - 0.30 Tallow, packer bleachable 4.50 23.50 - 1.06 Tongues,Swiss #1 0-3%, exp 0.24 113.00 - 0.27 Cheek meat, trmd 0.32 75.00 - 0.24 Head meat 0.13 30.00 - 0.04 Oxtail, selected 0.24 143.00 - 0.34 Hearts, reg, bone out 0.38 36.00 - 0.14 Lips, unscalded 0.13 79.00 - 0.10 Livers, slcted, export 0.96 26.00 - 0.25 Tripe, scalded edible 0.65 38.00 - 0.25 Tripe, honeycomb bleached 0.15 135.00 - 0.20 Lungs, inedible 0.47 4.32 - 0.02 Melts 0.14 3.68 - 0.01 Meat bone ml, 50% blk/ton 3.70 400.00 - 0.74 Blood meal, 85% blk/ton 0.60 680.00 - 0.20 Totals: 18.73 7.16 Dressed equivalent basis (63% dress): 11.37 (1) Typical slaughter steer weighs 1,300 pounds. The average value of hide and offal for the four days ending Thu, Jul 09, 2009 was estimated at 7.08 per cwt., down 0.12 from last week and down 4.88 from last year. --------------------------------------------------- The hide and offal value from typical fed cattle (steers and heifers 1,250) for today was estimated at 7.22 per cwt live, up 0.12 when compared to Wednesday's value. 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 wly/mds .