NW_LS851
Des Moines, IA    Mon Nov 23, 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 steady to firm on light to moderate demand and 
offerings.  Select and Choice rib cuts weak while chuck, round, and loin items
steady to firm.  Beef trimmings weak on light demand and offerings.

   Estimated composite cutout value of Choice 1-3 600-900 lbs carcasses up 0.30 
at 139.48; Select 1-3 600-900 lbs carcasses up 0.22 at 132.19; based on 78.06 
loads of Choice cuts, 55.95 loads of Select cuts, 8.53 loads of Trimmings, and 
37.97 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 
Up 0.35 at 125.89; Select 1-3 600-900 lbs carcasses dn 0.37 at 118.55.
   Current index reflects the equivalent of 210,849 head of cattle.

NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT  LM_XB405

   The Cutter cow carcass gross cutout value was estimated at 100.08 up 0.92.

BY-PRODUCT DROP VALUE  NW_LS441

   Hide and offal from a typical slaughter steer was estimated at 9.50 up
0.01 when compared to Friday's value.

NATIONAL CARLOT PORK  NW_LS500

   Sales reported on 37.5 loads of pork cuts and 6.0 loads of trim/process 
pork.

   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.

   *Calculations for a 200 lb Pork Carcass 53-54 percent lean 0.65" -0.80" back 
fat at last rib.* **58.27 up 0.06**  Loins bone in fresh 1/4 inch trim 21# DN-
LGT 84.00; seedless bellies 12-14 lbs 69.00; 14-16 lbs 72.00; 16-18 lbs 70.00.

CARLOT LAMB CARCASS  LM_XL501

DAILY CHOICE AND PRIME, YG 1-4             Head  5,632

Weight                Head                      Wt Avg
45-DN                   86                      296.02
45-55#                 131                      217.24
55-65#                 772                      203.86
65-75#               1,916                      196.17
75-85#               2,213                      192.91
85-UP                  514                      186.19

ESTIMATED DAILY LIVESTOCK SLAUGHTER  SJ_ LS710

   Cattle:  123,000; Calves:  4,000; Hogs:  433,000; Sheep:   9,000

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

4:00c   slh