LM_XL502
St. Joseph, MO                Tue, June 09, 2020           USDA Market News

*** Recent security patching of LMR servers on April 16, 2020 has caused technical
problems with Text Report generation. LMR is still able to generate PDF, but Text 
Reports will in all likelihood not be able to be generated going forward. The PDF
of this report can be found here:
https://www.ams.usda.gov/mnreports/ams_2649.pdf

USDA ESTIMATED NATIONAL LAMB CARCASS CUTOUT
Based on 5-Day Rolling weighted average FOB plant prices collected under
Mandatory Price Reporting and industry yields.  Values reflect U.S.
dollars per 100 pounds.

      CUTS                         FOB PRICE    CHANGE   %CARCASS     LBS
      FORESADDLE
204   RACK, 8-RIB MEDIUM              842.68      -9.96     5.68%     3.52
204C  RACK, ROAST-READY, FR         1,631.59       1.99     3.24%     2.01
209   BREAST **                       298.84      -0.56     7.74%     4.80
207   SHOULDERS, SQ-CUT               326.51       0.02    22.96%    14.24
210   FORESHANK                       412.46       0.93     3.24%     2.01
      NECK **                         196.46       0.34     2.38%     1.48
      FAT and BONE                     10.00       0.00     3.44%     2.13
296   GROUND LAMB                     500.83      -3.48     1.92%     1.19
      SHRINK                                                0.35%     0.22
      HINDSADDLE
232   LOINS, TRIMMED 4X4              525.88      10.92     5.73%     3.55
232   LOINS, TRIMMED 1X1              646.83       4.89     3.55%     2.20
232E  FLANK, UNTRIMMED **             104.91    -101.29     2.86%     1.77
233A  LEG, TROTTER OFF                384.29      -3.39    15.82%     9.81
234   LEG, BONELESS, TIED             536.38       0.73    11.38%     7.06
      FAT and BONE                     10.00       0.00     7.43%     4.61
296   GROUND LAMB                     500.83      -3.48     1.93%     1.20
      SHRINK                                                0.35%     0.22
--------------------------------------------------------------------------------
      GROSS CARCASS VALUE:            415.16      -3.19   100.00%    62.00

FORESADDLE VALUE                      445.19      -1.12    50.95%    31.59
HINDSADDLE VALUE                      383.97      -5.34    49.05%    30.41


Carcass value less process/packaging per cwt cost of   $59.00
      NET CARCASS VALUE               356.16      -3.19

* Fat and Bone an industry survey value for LM_XL502 calculation
* Based on Actual Federally Inspected Slaughter Carcass Weight
  of 62.00 lbs. for W/E      04/25/2020 , 2.00 lbs heavier than last week.
**Includes Fresh and Frozen Product


--------------------------------------------------------------------------------

Source: USDA Livestock, Poultry & Grain Market News Division, St. Joseph, MO
        816-676-7000    email:  stjoe.lpgmn@ams.usda.gov
        www.ams.usda.gov/market-news/livestock-poultry-grain

1530C