LM_XL502 St. Joseph, MO Thu, February 20, 2020 USDA Market News 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 869.79 1.01 5.68% 3.86 204C RACK, ROAST-READY, FR 1,647.24 7.97 3.24% 2.20 209 BREAST ** 290.28 -0.12 7.74% 5.26 207 SHOULDERS, SQ-CUT 323.72 -1.19 22.96% 15.61 210 FORESHANK 424.43 -1.25 3.24% 2.20 NECK ** 212.16 11.48 2.38% 1.62 FAT and BONE 10.00 0.00 3.44% 2.34 296 GROUND LAMB 569.22 -12.71 1.92% 1.31 SHRINK 0.35% 0.24 HINDSADDLE 232 LOINS, TRIMMED 4X4 524.89 4.54 5.73% 3.90 232 LOINS, TRIMMED 1X1 568.48 -1.95 3.55% 2.41 232E FLANK, UNTRIMMED ** 149.45 -4.66 2.86% 1.94 233A LEG, TROTTER OFF 393.93 -2.02 15.82% 10.76 234 LEG, BONELESS, TIED 555.30 -16.46 11.38% 7.74 FAT and BONE 10.00 0.00 7.43% 5.05 296 GROUND LAMB 569.22 -12.71 1.93% 1.31 SHRINK 0.35% 0.24 -------------------------------------------------------------------------------- GROSS CARCASS VALUE: 421.42 -2.35 100.00% 68.00 FORESADDLE VALUE 450.72 0.04 50.95% 34.65 HINDSADDLE VALUE 390.98 -4.85 49.05% 33.35 Carcass value less process/packaging per cwt cost of $59.00 NET CARCASS VALUE 362.42 -2.35 * Fat and Bone an industry survey value for LM_XL502 calculation * Based on Actual Federally Inspected Slaughter Carcass Weight of 68.00 lbs. for W/E 02/01/2020 , unchanged from 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