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USDA National Carlot Pork Report
DES MOINES - May 15/08 - SNS -- The USDA released its latest summary of the U.S. national carlot pork market with prices expressed on an FOB Omaha basis.
USDA NATIONAL CARLOT PORK REPORT as of: 3:00 P.M.
Purchases equated to FOB Omaha Basis.
Compared to Wednesday's Close: Fresh loins mostly 1.00 higher;
butts 3.00-4.00 higher; sknd hams 20-23 lbs 2.00 higher, 23-27 lbs 1.00 higher;
sdls bellies 14-16 lbs 2.00 higher; lean trimmings 3.00 higher. Trading slow,
with moderate to good demand and mostly light offerings.
-----------------------------------------------------------------
Loads PORK CUTS : 50.25
Loads TRIM/PROCESS PORK : 3.5
-----------------------------------------------------------------
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
-----------------------------------------------------------------------
05/15 53.8 82.25 112.71 91.59 55.10 133.49 61.48 91.93
Change : 1.40 4.09 3.98 -2.18 -1.07 0.66 0.97
-----------------------------------------------------------------------
05/14 50.8 80.85 108.62 87.61 57.28 134.56 60.82 90.95
05/13 66.4 80.36 110.46 87.23 52.29 134.56 59.44 90.95
05/12 33.5 79.46 108.11 86.89 51.70 130.89 59.28 90.95
05/09 31.5 78.77 107.71 82.76 51.48 129.36 59.26 90.95
Current Five Day Simple Average -
80.34 109.52 87.21 53.57 132.57 60.06 91.15
-----------------------------------------------------------------------
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 = 112.71
------------------------------Lds-- --Price Range---------------Wghtd Avg
1/4" Trim 21#DN-LGT 3.5 135.00 - 138.00 136.29
1/8" Trm/less 21#DN-LGT 2.5 146.00 146.00
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# 1.0 210.00 - 226.00 218.00
BNLS Strap-off 5-11# 3.5 223.00 - 235.00 227.86
WHLE BNLS LOINS 9-13#
BNLS SIRLOIN .75-1.5# 0.25 135.00 135.00
BONE-IN SIR 2.5-3.5# 0.5 93.00 - 96.00 94.50
BLADE ENDS 2-4#
TENDERLOIN 1.25/DN#
LOIN BACKRIB (BOXED)
FRESH 1.5/DN#
" 1.75/DN#
" 1.75-2.00#
" 2.00/UP# 1.0 310.00 310.00
PICNIC -----------------------------------------------------------------
Primal Cutout Value = 55.10
------------------------------Lds-- --Price Range---------------Wghtd Avg
Smkr Trm, RS, combo
Smkr Trm, SS, combo
Smkr Trm, SS, boxed
PICNIC CUSHION MEAT
Boxed 92% Fresh
Boxed 92% Frozen
BOSTON BUTT ------------------------------------------------------------
Primal Cutout Value = 91.59
------------------------------Lds-- --Price Range---------------Wghtd Avg
1/4" TRM 5-10# 4.0 110.00 110.00
1/8" TRM 5-10#
1/4" Trim Stk Rdy 4.0 117.00 117.00
1/8" Trim Stk Rdy 4.0 123.00 - 124.00 123.38
BNLS, Butt
Combo's 11/UP#(SOW)
SPARERIB ---------------------------------------------------------------
Primal Cutout Value = 133.49
------------------------------Lds-- --Price Range---------------Wghtd Avg
3BAG/3 PCVAC4.25#/DN-LGT
COMBOS 4.25#/DN-LGT
2 BAG/3 PCVAC4.25#/UP-MED 4.0 137.00 - 145.00 140.50
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 = 61.48
------------------------------Lds-- --Price Range---------------Wghtd Avg
BONE-IN TRIMMED
17-20# TRIM SPEC 1
20-23# TRIM SPEC 1 2.0 65.00 65.00
23-27# TRIM SPEC 1 2.0 65.00 65.00
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% 4.0 112.00 - 115.00 113.38
BNLS 5 MUSCLE HAMS 94-96% 8.0 110.50 - 117.00 114.75
INSIDE 1.0 115.00 - 117.50 116.25
OUTSIDE 1.0 115.00 - 117.50 116.25
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 = 91.93
------------------------------Lds-- --Price Range---------------Wghtd Avg
SKIN-ON, TRIMMED 10-12#
SKIN-ON, TRIMMED 12-14# 2.0 92.00 92.00
SKIN-ON, TRIMMED 14-16# 2.0 94.00 94.00
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 2.0 70.00 70.00
Boxed 72% Frozen
BONELESS PICNIC MEAT
Combo Fresh 1.5 77.00 77.00
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
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STAT News Service
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