NW_LS500 Des Moines, IA Mon, Nov 23, 2009 USDA Market News USDA NATIONAL CARLOT PORK REPORT as of: 3:00 P.M. Purchases equated to FOB Omaha Basis. Compared to Friday's Close: Fresh bone-in loins steady; butts 3.00 lower; sknd hams not tested; sdls bellies weak to 3.00 lower; lean trimmings steady to 2.00 lower. Trading very slow, with light to moderate demand and offerings. ----------------------------------------------------------------- Loads PORK CUTS : 37.5 Loads TRIM/PROCESS PORK : 6.0 ----------------------------------------------------------------- USDA ESTIMATED PORK CARCASS CUTOUT Based on FOB Omaha carlot pork prices and industry yields. Calculations for a 200 lb Pork Carcass. Values reflect U.S. Dollars per 100 pounds. 53-54% lean, 0.65"-0.80" backfat at last rib ----------------------------------------------------------------------- ` Today's Primal Cutout Values Date Loads Carcass Loin Butt Pic Rib Ham Belly ----------------------------------------------------------------------- 11/23 43.50 58.27 64.96 62.70 44.98 89.09 52.73 69.82 Change : 0.06 1.17 -1.24 -0.06 1.29 -0.04 -0.98 ----------------------------------------------------------------------- 11/20 50.6 58.21 63.79 63.94 45.04 87.80 52.77 70.79 11/19 80.8 56.94 63.90 62.59 44.62 87.64 48.34 70.79 11/18 80.0 56.79 63.87 61.90 45.11 89.02 49.00 68.68 11/17 92.8 58.33 66.01 59.71 46.68 87.50 53.97 68.62 Current Five Day Simple Average - 57.71 64.51 62.17 45.28 88.21 51.36 69.74 ----------------------------------------------------------------------- NOTE: Value may change without adequate test. A detailed description of the cutout is available upon request. FRESH PORK CUTS LOINS, BONE-IN --------------------------------------------------------- Primal Cutout Value = 64.96 ------------------------------Lds-- --Price Range---------------Wghtd Avg 1/4" Trim 21#DN-LGT 1.5 84.00 84.00 1/8" Trm/less 21#DN-LGT 1/4" Bladeless 1/4" Trim 21#/UP-MED Combos 26/Up#(SOW) LOINS,CNTRCUT,10-11 RIB,1/4"TRM Tender-in FLO 8-13# 7.5 107.00 - 114.00 108.67 Tender-out FLO 8-13# BNLS Strap-on 5-11# 7.5 105.00 - 117.00 111.60 BNLS Strap-off 5-11# WHLE BNLS LOINS 9-13# BNLS SIRLOIN .75-1.5# 0.25 89.00 89.00 BONE-IN SIR 2.5-3.5# BLADE ENDS 2-4# TENDERLOIN 1.25/DN# LOIN BACKRIB (BOXED) FRESH 1.5/DN# " 1.75/DN# " 1.75-2.00# " 2.00/UP# PICNIC ----------------------------------------------------------------- Primal Cutout Value = 44.98 ------------------------------Lds-- --Price Range---------------Wghtd Avg Smkr Trm, RS, combo 1.0 48.00 48.00 Smkr Trm, SS, combo 2.0 54.00 54.00 Smkr Trm, SS, boxed PICNIC CUSHION MEAT Boxed 92% Fresh 1.75 103.00 - 105.00 103.57 Boxed 92% Frozen BOSTON BUTT ------------------------------------------------------------ Primal Cutout Value = 62.70 ------------------------------Lds-- --Price Range---------------Wghtd Avg 1/4" TRM 5-10# 7.5 73.00 - 75.00 74.07 1/8" TRM 5-10# 1/4" Trim Stk Rdy 1/8" Trim Stk Rdy BNLS, Butt Combo's 11/UP#(SOW) SPARERIB --------------------------------------------------------------- Primal Cutout Value = 89.09 ------------------------------Lds-- --Price Range---------------Wghtd Avg 3BAG/3 PCVAC4.25#/DN-LGT 0.5 100.00 100.00 COMBOS 4.25#/DN-LGT 2 BAG/3 PCVAC4.25#/UP-MED 1.0 97.00 97.00 COMBOS 4.25#/UP-MED FRESH PORK CUTS-ADDED INGREDIENTS ------------------------------------- -------------------------------Lds-----Price Range----- ------Wghtd Avg. BONE-IN LOINS 1/8" TRIM BONE-IN LOINS CC TENDER IN BNLS LOINS STRAP-ON BNLS LOINS STRAP-OFF BNLS SIRLOIN .75-1.5# BONE-IN SIR 2.5-3.5# TENDERLOIN 1.25/DN# LOIN BACKRIB FRESH 2.00/UP# SMKR TRM SS PICNIC BOXED 1/4" TRIM BUTT 1/4" TRIM STK RDY BUTT 1/8" TRIM STK RDY BUTT SPARERIB 4.25#/DN-LGT SPARERIB 4.25#/UP-MED SKINNED HAM ------------------------------------------------------------ Primal Cutout Value = 52.73 ------------------------------Lds-- --Price Range---------------Wghtd Avg BONE-IN TRIMMED 17-20# TRIM SPEC 1 20-23# TRIM SPEC 1 23-27# TRIM SPEC 1 BONE-IN 27#/up Trim Spec 1 NORTH AMERICAN EXPORTS HAMS, BONE-IN 23-27# TS 1 BNLS 3 MUSCLE HAMS 94-96% BNLS 4 MUSCLE HAMS 94-96% BNLS 5 MUSCLE HAMS 94-96% INSIDE OUTSIDE KNUCKLE LITE BUTT INNER SHANK HAM TRIMMINGS (CHEM LEAN) Combo 72% Fresh Boxed 72% Frozen Combo 90% Fresh Boxed 90% Frozen Outer Shank Frozen BELLY, SEEDLESS -------------------------------------------------------- Primal Cutout Value = 69.82 ------------------------------Lds-- --Price Range---------------Wghtd Avg SKIN-ON, TRIMMED 10-12# SKIN-ON, TRIMMED 12-14# 3.0 69.00 69.00 SKIN-ON, TRIMMED 14-16# 2.0 72.00 72.00 SKIN-ON, TRIMMED 16-18# 2.0 70.00 70.00 SKIN-ON, TRIMMED 18-20# SKIN-ON, TRIMMED 20-25# SKINLESS, 9-13# SKINLESS, 13-17# TRIMMINGS/BONELESS PROCESSING PORK (CHEMICAL LEAN) FOB BASIS ------------------------------Lds-- --Price Range---------------Wghtd Avg Combo 42% Fresh Boxed 42% Frozen Combo 72% Fresh 6.0 45.00 - 50.00 47.67 Boxed 72% Frozen BONELESS PICNIC MEAT Combo Fresh Boxed Frozen SKINNED JOWLS Combo Fresh Boxed Frozen TRIM, VISUAL TRACE OF LEAN Combo 12-16% Fresh Boxed 12-16% Frozen ------------------------------------------------------------------------- Specifications for all reported cuts available upon request. ------------------------------------------------------------------------- STANDARD ADJUSTMENTS FOR CONVERTING TO VACUUM BASIS Loins (13-23#'s): Butts (4-9#'s): Vacpak : report basis Vacpak : report basis Gas Pak : minus $2.00 Gas Pak : no price differential Paper : minus $5.00 Paper : minus $3.00 Combo : minus $6.00 Combo : minus $4.00 Spareribs: Adjustments for Trim - Vacpak : report basis Bone-in Center Cut Loins: Polywrap: minus $7.00 False Lean Off (FLO): report basis Tenderloins: False Lean On : minus $5.00 Vacpak : report basis Boneless Center Cut Loins: Polywrap: minus $10.00 1/4" Trim : report basis 1/8" Trim : add $6.00 ------------------------------------------------------------------------- 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 crs/ajh .