NW_LS441
Des Moines, IA     Thu, Jul 03, 2008     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 11.88 per cwt live, up
0.03 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   67.00    0.50    5.25
Tallow, edible               1.20   49.75    -       0.60
Tallow, packer bleachable    4.50   48.25    -       2.17
Tongues,Swiss #1 0-3%, exp   0.24  173.00    -       0.42
Cheek meat, trmd             0.32  118.00    -       0.38
Head meat                    0.13   93.00    1.00    0.12
Oxtail, selected             0.24  175.00    -       0.42
Hearts, reg, bone out        0.38   67.00    -       0.25
Lips, unscalded              0.13  150.00    -       0.20
Livers, slcted, export       0.96   67.00    -       0.64
Tripe, scalded edible        0.65   47.50    -       0.31
Tripe, honeycomb bleached    0.15   97.00    -       0.15
Lungs, inedible              0.47    3.25    -       0.02
Melts                        0.14    3.00    -       0.00
Meat bone ml, 50% blk/ton    3.70  385.00    -       0.71
Blood meal, 85% blk/ton      0.60  800.00    -       0.24
                Totals:     18.73                   11.88
           Dressed equivalent basis (63% dress):    18.86
(1) Typical slaughter steer weighs 1,275 pounds.

The average value of hide and offal for the four days ending
Thu, Jul 03, 2008   was estimated at 11.77 per cwt.,
 up 0.37 from last week and  up 1.83 from last year.
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The hide and offal value from typical fed cattle
(steers and heifers 1,240) for today was
estimated at 11.99 per cwt live, up
0.02 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






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