NW_LS500 Des Moines, IA Fri, Jul 18, 2008 USDA Market News USDA NATIONAL CARLOT PORK REPORT as of: 3:00 P.M. Purchases equated to FOB Omaha Basis. Compared to Thursday's Close: Fresh loins steady; butts not established; sknd hams 20-23 lbs 3.00 higher, 23-27 lbs firm; sdls bellies 14-16 lbs and lean trimmings not tested. Trading very slow, with light to moderate demand and offerings. ----------------------------------------------------------------- Loads PORK CUTS : 16.63 Loads TRIM/PROCESS PORK : ----------------------------------------------------------------- USDA ESTIMATED PORK CARCASS CUTOUT Based on FOB Omaha carlot pork prices and industry yields. Calculations for a 200 lb Pork Carcass 53-54% lean, 0.65"-0.80" backfat at last rib ----------------------------------------------------------------------- Total Today's Primal Cutout Values Date Loads Carcass Loin Butt Pic Rib Ham Belly ----------------------------------------------------------------------- 07/18 16.6 83.11 100.94 85.05 63.71 97.80 84.64 84.53 Change : 0.04 0.97 unc unc 1.63 -1.12 unc ----------------------------------------------------------------------- 07/17 88.0 83.07 99.97 85.05 63.71 96.17 85.75 84.53 07/16 85.6 82.24 101.30 87.33 63.11 97.71 80.81 83.50 07/15 124.3 81.81 98.49 87.01 63.85 101.22 80.63 84.48 07/14 37.5 81.19 99.53 87.72 63.96 98.32 78.13 83.50 Current Five Day Simple Average - 82.28 100.05 86.43 63.67 98.24 81.99 84.11 ----------------------------------------------------------------------- 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 = 100.94 ------------------------------Lds-- --Price Range---------------Wghtd Avg 1/4" Trim 21#DN-LGT 1.5 118.00 118.00 1/8" Trm/less 21#DN-LGT 2.0 126.00 126.00 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# Tender-out FLO 8-13# BNLS Strap-on 5-11# 1.5 161.00 - 164.00 163.00 BNLS Strap-off 5-11# WHLE BNLS LOINS 9-13# BNLS SIRLOIN .75-1.5# 0.5 148.00 148.00 BONE-IN SIR 2.5-3.5# 1.75 103.00 - 107.00 104.43 BLADE ENDS 2-4# TENDERLOIN 1.25/DN# 0.13 290.00 290.00 LOIN BACKRIB (BOXED) FRESH 1.5/DN# " 1.75/DN# " 1.75-2.00# " 2.00/UP# PICNIC ----------------------------------------------------------------- Primal Cutout Value = 63.71 ------------------------------Lds-- --Price Range---------------Wghtd Avg Smkr Trm, RS, combo Smkr Trm, SS, combo Smkr Trm, SS, boxed PICNIC CUSHION MEAT Boxed 92% Fresh 0.25 121.00 121.00 Boxed 92% Frozen BOSTON BUTT ------------------------------------------------------------ Primal Cutout Value = 85.05 ------------------------------Lds-- --Price Range---------------Wghtd Avg 1/4" TRM 5-10# 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 = 97.80 ------------------------------Lds-- --Price Range---------------Wghtd Avg 3BAG/3 PCVAC4.25#/DN-LGT 3.0 108.00 - 112.00 110.00 COMBOS 4.25#/DN-LGT 2 BAG/3 PCVAC4.25#/UP-MED 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 = 84.64 ------------------------------Lds-- --Price Range---------------Wghtd Avg BONE-IN TRIMMED 17-20# TRIM SPEC 1 20-23# TRIM SPEC 1 2.0 88.00 88.00 23-27# TRIM SPEC 1 2.0 88.00 88.00 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 = 84.53 ------------------------------Lds-- --Price Range---------------Wghtd Avg SKIN-ON, TRIMMED 10-12# SKIN-ON, TRIMMED 12-14# 2.0 84.00 84.00 SKIN-ON, TRIMMED 14-16# SKIN-ON, TRIMMED 16-18# SKIN-ON, TRIMMED 18-20# SKIN-ON, TRIMMED 20-25# SKINLESS, 9-13# SKINLESS, 13-17# SKINLESS CONVERTED TO SKIN-ON BASE PRICE 9-13# PRODUCED FROM 12-16# 13-17# PRODUCED FROM 16-18# TRIMMINGS/BONELESS PROCESSING PORK (CHEMICAL LEAN) FOB BASIS ------------------------------Lds-- --Price Range---------------Wghtd Avg Combo 42% Fresh Boxed 42% Frozen Combo 72% Fresh Boxed 72% Frozen BONELESS PICNIC MEAT Combo Fresh Boxed Frozen SKINNED JOWLS Combo Fresh Boxed Frozen FAT, VISUAL TRACE OF LEAN 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/nb .