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USDA National Carlot Pork Report

DES MOINES - May 11/04 - 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:  11:30 A.M.
Purchases equated to FOB Omaha Basis.
                                                                                                                                                   Compared to Monday's Close:
Compared to Monday's Close:    Fresh loins mostly firm to
6.00 higher; butts firm; sknd hams 20-27 lbs 1.00-2.00 higher; sdls
bellies not tested; lean trimmings firm. Trading slow to moderate, with
mostly good demand and light to moderate offerings.



------------------------------------------------------------
Loads PORK CUTS          :         52.5       **  NOON  **
Loads TRIM/PROCESS PORK  :         12.0
------------------------------------------------------------

FRESH PORK CUTS
LOINS, BONE-IN -------------------------------------------------
  Primal Cutout Value =                                   107.70
-------------------------Lds-- --Price Range--------------Wghtd Avg
1/4" Trim 21#DN-LGT        14.5  136.00   -   145.00       141.31
1/8" Trm/less 21#DN-LGT                       140.00       140.00 A
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#      0.5               210.00       210.00
  Tender-out FLO 8-13#
  BNLS Strap-on  5-11#      1.0               216.00       216.00
  BNLS Strap-off 5-11#      1.5  225.00   -   242.00       230.67
WHLE BNLS LOINS 9-13#
BNLS SIRLOIN .75-1.5#                         130.00       130.00 A
BONE-IN SIR  2.5-3.5#       1.0                92.00        92.00
BLADE ENDS       2-4#                          90.00        90.00 A
TENDERLOIN   1.25/DN#       0.5               268.00       268.00
LOIN BACKRIB (BOXED)
 FRESH   1.5/DN#
    "   1.75/DN#
    " 1.75-2.00#
    "   2.00/UP#                                    unq
 FROZE   1.5/DN#
    "   1.75/DN#
    " 1.75-2.00#
    "   2.00/UP#
PICNIC ---------------------------------------------------------
  Primal Cutout Value =                                    46.54
-------------------------Lds-- --Price Range--------------Wghtd Avg
  Smkr Trm, RS, combo       3.0                51.00        51.00
  Smkr Trm, SS, combo       3.0                50.00        50.00
  Smkr Trm, SS, boxed       7.0                56.00        56.00
PICNIC CUSHION MEAT
  Boxed 92%   Fresh                            95.00        95.00 A
  Boxed 92%  Frozen
BOSTON BUTT ----------------------------------------------------
  Primal Cutout Value =                                    82.12
-------------------------Lds-- --Price Range--------------Wghtd Avg
1/4" TRM 5-10#              2.0               105.00       105.00
1/8" TRM 5-10#
1/4" Trim Stk Rdy           8.0               115.00       115.00
1/8" Trim Stk Rdy                             114.00       114.00 A
BNLS, Butt
Combo's 11/UP#(SOW)
SPARERIB -------------------------------------------------------
 Primal Cutout Value =                                    155.53
-------------------------Lds-- --Price Range--------------Wghtd Avg
3BAG/3 PCVAC4.25#/DN-LG     0.5               168.00       168.00
COMBOS      4.25#/DN-LGT
2 BAG/3 PCVAC4.25#/UP-MED                     160.00       160.00 A
COMBOS  4.25#/UP-MED                          141.00       141.00 D
SKINNED HAM ----------------------------------------------------
  Primal Cutout Value =                                    56.12
-------------------------Lds-- --Price Range--------------Wghtd Avg
BONE-IN TRIMMED
  17-20# TRIM SPEC 1              57.00   -    59.00        58.11 A
  20-23# TRIM SPEC 1        6.0                60.00        60.00
  23-27# TRIM SPEC 1        4.0                60.00        60.00
BONE-IN 27#/up Trim Spec 1
BNLS 3 MUSCLE HAMS 94-96%
BNLS 4 MUSCLE HAMS 94-96%
BNLS 5 MUSCLE HAMS 94-96%                      99.00        99.00 D
INSIDE
OUTSIDE
KNUCKLE
LITE BUTT
INNER SHANK
HAM TRIMMINGS (CHEM LEAN)
  Combo 72%  Fresh          1.0                65.00        65.00
  Boxed 72%  Frozen                            66.00        66.00 C
  Combo 90%  Fresh
  Boxed 90%  Frozen
  Outer Shank Frozen
BELLY, SEEDLESS ------------------------------------------------
  Primal Cutout Value =                                   117.98
-------------------------Lds-- --Price Range--------------Wghtd Avg
SKIN-ON, TRIMMED 10-12#
SKIN-ON, TRIMMED 12-14#                       119.00       119.00 C
SKIN-ON, TRIMMED 14-16#                       121.00       121.00 D
SKIN-ON, TRIMMED 16-18#                       119.00       119.00 C
SKIN-ON, TRIMMED 18-20#
SKIN-ON, TRIMMED 20-25#
SKINLESS, SQUARED
 Fresh     9-11#
 Fresh    11-13#
 Fresh    13-15#
 Fresh    15-17#
SKINLESS, CENTER CUT
 Fresh     8-10#
 Fresh    10-12#
 Fresh    12-14#
 Fresh    14-16#
TRIMMINGS/BONELESS PROCESSING PORK (CHEMICAL LEAN) FOB BASIS
-------------------------Lds-- --Price Range--------------Wghtd Avg
Combo 42%  Fresh                               49.00        49.00 B
Boxed 42%  Frozen
Combo 72%  Fresh            2.0                64.00        64.00
Boxed 72%  Frozen           1.0                68.00        68.00
BONELESS PICNIC MEAT
  Combo 72%  Fresh          8.0   67.00   -    68.00        67.75
  Boxed 72%  Frozen
SKINNED JOWLS
  Combo    Fresh                               42.00        42.00 A
  Boxed    Frozen                              49.00        49.00 D
FAT, VISUAL TRACE OF LEAN
  Combo    Fresh
  Boxed    Frozen
TRIM, VISUAL TRACE OF LEAN
  Combo 12-16% Fresh              42.00   -    44.00        43.33 B
  Boxed 12-16% Frozen
----------------------------------------------------------------- -
NORTH AMERICAN EXPORTS
HAMS, BONE-IN 23-27# TS 1
----------------------------------------------------------------- -
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
-------------------------------------------------------------------
ABCDE after quotes represents days since last actual market
test. Quotes are dropped after 5 days of no test or before
if they no longer reflect current market conditions.
-------------------------------------------------------------------
Source:     USDA Market News, Des Moines, IA

---

STAT News Service


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