Daily Carlot Meat Trade Summary

DES MOINES - Sep 5/08 - SNS -- The USDA's Argicultural Market Service (AMS) office here issued its latest daily review of the U.S. carlot market for various types of meat.

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 were generally steady on moderate demand and
offerings.  Select and Choice chuck and round cuts were steady to firm while rib
and loin cuts were steady to weak. Beef trimmings were generally steady on
moderate demand and offerings.

   Estimated composite cutout value of Choice 1-3 600-900 lbs carcasses dn 0.11
at 158.30; Select 1-3 600-900 lbs carcasses up 0.05 at 152.05; based on 139.92
loads of Choice cuts, 113.08 loads of Select cuts, 31.84 loads of Trimmings, and
55.81 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 0.47 at 147.19; Select 1-3 600-900 lbs carcasses dn 0.39 at 140.38.
   Current index reflects the equivalent of 217,116 head of cattle.

NATIONAL 5 DAY-ROLLING CUTTER COW CUTOUT  LM_XB405

   The Cutter cow carcass gross cutout value was estimated at 138.15 dn 1.36.

BY-PRODUCT DROP VALUE  NW_LS441

   Hide and offal from a typical slaughter steer was estimated at 11.75 unchanged
when compared to Thursday's value.

NATIONAL CARLOT PORK  NW_LS500

   Sales reported on 63.0 loads of pork cuts and 11.0 loads of trim/process
pork.

   Compared to Thursday's Close:  Fresh 1/4" trim loins and boston butts
generally steady; sknd hams 17-20 lbs 2.00 lower, 20-23 lbs 2.00-5.00 lower,
23-27 lbs unevenly steady; sdls bellies 14-16 lbs steady; lean trim 5.00-6.00
higher. Trading slow, with light demand and mostly moderate offerings.

   *Calculations for a 200 lb Pork Carcass 53-54 percent lean 0.65" -0.80" back
fat at last rib.* **77.27 up 0.07**  Loins bone in fresh 1/4 inch trim 21# DN-
LGT 118.00; Hams bone in trimmed, 17-20 lbs trim spec 1 75.00; 20-23 lbs trim
spec 1 69.00-71.00; seedless bellies 14-16 lbs 78.00.

CARLOT LAMB CARCASS  LM_XL501

DAILY CHOICE AND PRIME, YG 1-4             Head  1,404

Weight                Head                      Wt Avg
45-DN                   52                      288.14
45-55#                 149                      244.55
55-65#                 578                      231.35
65-75#                 354                      223.86
75-85#                 155                      218.14
85-UP                  116                      210.00

* SAT-FRI  CHOICE AND PRIME,  YG  1-4      Head  9,440

Weight                Head                      Wt Avg
45-DN                  389                      268.85
45-55#                 539                      246.94
55-65#               2,598                      232.22
65-75#               2,551                      227.83
75-85#               2,215                      225.75
85-UP                1,148                      218.49

ESTIMATED DAILY LIVESTOCK SLAUGHTER  SJ_ LS710

   Cattle:  127,000; Calves:  4,000; Hogs:  430,000; Sheep:   9,000

Source: USDA Market News, Des Moines, IA

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