USDA National Carlot Pork Report

DES MOINES - Feb 8/10 - 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 Friday's Close:         Fresh loins and butts steady;
sknd hams 23-27 lbs steady to 4.00 lower, other weights not tested; sdls bellies
and lean trimmings not reported. Trading slow, with light to moderate demand
and offerings.



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Loads PORK CUTS          :              55.5
Loads TRIM/PROCESS PORK  :
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USDA ESTIMATED PORK CARCASS CUTOUT
Based on FOB Omaha carlot pork prices and industry yields.

Calculations for a 200 lb Pork Carcass. Values reflect U.S. Dollars per 100 pounds.
        53-54% lean, 0.65"-0.80" backfat at last rib
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           `                     Today's Primal Cutout Values
Date     Loads      Carcass    Loin    Butt   Pic     Rib   Ham  Belly
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02/08       55.50      68.82   77.66   66.69  47.06 112.08 63.84  87.24
Change :               -0.30   -1.41    0.43   0.71  -0.39 -0.19    unc
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02/05        35.0      69.12   79.07   66.26  46.35 112.47 64.04  87.24
02/04        96.5      69.15   79.30   67.61  46.47 113.00 62.93  87.24
02/03        91.8      67.60   77.70   65.85  47.56 110.84 59.90  86.31
02/02       104.4      69.47   79.55   66.24  47.56 113.79 63.38  88.29
Current Five Day Simple Average -
                       68.83   78.66   66.53  47.00 112.43 62.82  87.26
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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 =                                          77.66
------------------------------Lds-- --Price Range---------------Wghtd Avg
1/4" Trim 21#DN-LGT              2.0                103.00       103.00
1/8" Trm/less 21#DN-LGT
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#           1.0  130.00   -    156.00       143.00
  Tender-out FLO 8-13#
  BNLS Strap-on  5-11#          12.5  119.00   -    129.00       126.44
  BNLS Strap-off 5-11#
WHLE BNLS LOINS 9-13#
BNLS SIRLOIN .75-1.5#            1.5   99.00   -    100.00        99.50
BONE-IN SIR  2.5-3.5#            4.5   67.00   -     72.00        68.67
BLADE ENDS       2-4#
TENDERLOIN   1.25/DN#            1.0                220.00       220.00
LOIN BACKRIB (BOXED)
 FRESH   1.5/DN#
      "     1.75/DN#
      "   1.75-2.00#
      "     2.00/UP#
PICNIC -----------------------------------------------------------------
  Primal Cutout Value =                                           47.06
------------------------------Lds-- --Price Range---------------Wghtd Avg
  Smkr Trm, RS, combo            5.0                 45.00        45.00
  Smkr Trm, SS, combo
  Smkr Trm, SS, boxed            1.0                 62.00        62.00
PICNIC CUSHION MEAT
  Boxed 92%   Fresh              1.5  103.00   -    108.00       106.33
  Boxed 92%  Frozen
BOSTON BUTT ------------------------------------------------------------
  Primal Cutout Value =                                           66.69
------------------------------Lds-- --Price Range---------------Wghtd Avg
1/4" TRM 5-10#                   4.0                 83.00        83.00
1/8" TRM 5-10#
1/4" Trim Stk Rdy
1/8" Trim Stk Rdy
BNLS, Butt
Combo's 11/UP#(SOW)
SPARERIB ---------------------------------------------------------------
 Primal Cutout Value =                                           112.08
------------------------------Lds-- --Price Range---------------Wghtd Avg
3BAG/3 PCVAC4.25#/DN-LGT         2.5  126.00   -    135.00       127.80
COMBOS      4.25#/DN-LGT
2 BAG/3 PCVAC4.25#/UP-MED        6.0  116.00   -    118.00       117.00
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              1.0                130.00       130.00
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 =                                           63.84
------------------------------Lds-- --Price Range---------------Wghtd Avg
BONE-IN TRIMMED
  17-20# TRIM SPEC 1
  20-23# TRIM SPEC 1
  23-27# TRIM SPEC 1            12.0   65.00   -     69.00        66.33
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%
BNLS 5 MUSCLE HAMS 94-96%
INSIDE
OUTSIDE
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 =                                           87.24
------------------------------Lds-- --Price Range---------------Wghtd Avg
SKIN-ON, TRIMMED 10-12#
SKIN-ON, TRIMMED 12-14#
SKIN-ON, TRIMMED 14-16#
SKIN-ON, TRIMMED 16-18#
SKIN-ON, TRIMMED 18-20#
SKIN-ON, TRIMMED 20-25#
SKINLESS,         9-13#
SKINLESS,        13-17#
TRIMMINGS/BONELESS PROCESSING PORK (CHEMICAL LEAN) FOB BASIS
------------------------------Lds-- --Price Range---------------Wghtd Avg
Combo 42%  Fresh
Boxed 42%  Frozen
Combo 72%  Fresh
Boxed 72%  Frozen
BONELESS PICNIC MEAT
  Combo    Fresh
  Boxed    Frozen
SKINNED JOWLS
  Combo    Fresh
  Boxed    Frozen
TRIM, VISUAL TRACE OF LEAN
  Combo 12-16% Fresh
  Boxed 12-16% Frozen
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Specifications for all reported cuts available upon request.
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     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
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Source:          USDA Market News, Des Moines, IA

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