NW_LS851
Des Moines, IA    Thu Jul 09, 2009    USDA Market News

USDA Carlot Meat 4:00 Summary, Compared to Previous Day
Prices in dollars per hundredweight, Equated to FOB Omaha Basis  

NATIONAL BOXED BEEF CUTOUT  LM_XB403 
   Boxed beef cutout values weak to lower on moderate demand and moderate 
to heavy offerings.  Select and Choice chuck and rounds generally steady, 
while rib and loins weak to lower.  Beef trimmings firm on moderate demand 
and offerings.
   Estimated composite cutout value of Choice 1-3 600-900 lbs carcasses 
DN 0.93 at 137.52; Select 1-3 600-900 lbs carcasses DN 0.34 at 132.29; 
based on 140.86 loads of Choice cuts, 87.98 loads of Select cuts, 
43.95 loads of Trimmings, and 35.70 loads of coarse ground trimmings.

CARCASS PRICE EQUIVALENT INDEX VALUE  NW_LS410

   Estimated carcass price equivalent value of Choice 1-3 600-900 lbs 
carcasses DN 0.91 at 126.58; Select 1-3 600-900 lbs carcasses DN 0.61 
at 120.38.
   Current index reflects the equivalent of 143,584 head of cattle.

NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT  LM_XB405

   The Cutter cow carcass gross cutout value was estimated at 112.95 UP 0.44.

BY-PRODUCT DROP VALUE  NW_LS441

   Hide and offal from a typical slaughter steer was estimated at 7.16, 
UP 0.15.

NATIONAL CARLOT PORK  NW_LS500

   Sales reported on 95.50 loads of pork cuts and 8.5 loads of trim/process 
pork.
   Compared to Wednesday's Close:      Fresh 1/4" trim loins 1.00
higher; butts steady to 3.00 higher; sknd hams 2.00-3.00 higher; sdls bellies
sharply higher; lean trimmings mostly 2.00-4.00 higher.  Trading slow to
moderate, with light to moderate demand and offerings.
   *Calculations for a 200 lb Pork Carcass 53-54 percent lean 0.65" -0.80" 
back fat at last rib.* **57.93 UP 2.38.**  Loins bone in fresh 1/4 inch 
trim 21# DN-LGT 95.00; Hams bone in trimmed, 20-23 lbs trim spec 1  49.00; 
seedless bellies 12-14 lbs 72.00-75.00; 14-16 lbs 72.00-78.00; 
16-18 lbs 70.00.

CARLOT LAMB CARCASS  LM_XL501
   *Today's trades not reportable because they did not meet 
the 3/70/20 guideline for carcass lambs.  Below is the 
last reported market as of 7/08/2009.*

DAILY CHOICE AND PRIME, YG 1-4             

Weight                                        Wt Avg
45-DN                                        * 279.35
45-55#                                       * 256.10
55-65#                                       * 232.20
65-75#                                       * 221.16
75-85#                                       * 219.40
85-UP                                        * 211.11
   0 head reported.  

ESTIMATED DAILY LIVESTOCK SLAUGHTER  SJ_ LS710

   Cattle:  126,000; Calves:  3,000; Hogs:  398,000; Sheep:   9,000

Source: USDA Market News, Des Moines, IA
        515-284-4460
        www.ams.usda.gov/mnreports/NW_LS851.TXT

4:00c   lmc