USDA National Carlot Pork Report

DES MOINES - Dec 10/07 - 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 weak; butts
unevenly steady; sknd hams 20-23 lbs mostly 3.00 lower; sdls bellies firm on a
light test; lean trimmings 3.00-5.00 lower. Trading moderate, with light to
moderate demand and moderate to heavy offerings.
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Loads PORK CUTS          :             92.38
Loads TRIM/PROCESS PORK  :              30.0
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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
        53-54% lean, 0.65"-0.80" backfat at last rib
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         Total                   Today's Primal Cutout Values
Date     Loads      Carcass    Loin    Butt   Pic     Rib   Ham  Belly
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12/10       122.4      59.37   66.68   58.04  36.78 101.84 53.92  78.63
Change :                0.32    0.80   -0.17  -5.06  -0.32  1.71   1.95
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12/07        30.6      59.05   65.88   58.21  41.84 102.16 52.21  76.68
12/06        59.1      58.94   66.75   56.95  41.84 102.16 52.03  75.70
12/05       147.5      58.32   69.17   57.69  41.86 101.84 46.89  75.70
12/04        99.3      59.17   67.89   57.20  39.17 102.19 52.00  77.16
Current Five Day Simple Average -
                       58.97   67.27   57.62  40.30 102.04 51.41  76.77
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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 =                                          66.68
------------------------------Lds-- --Price Range---------------Wghtd Avg
1/4" Trim 21#DN-LGT             37.5   80.00   -     84.00        81.97
1/8" Trm/less 21#DN-LGT          3.5   80.00   -     91.00        86.29
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#           5.0  125.00   -    133.00       128.20
  BNLS Strap-off 5-11#
WHLE BNLS LOINS 9-13#
BNLS SIRLOIN .75-1.5#           1.75   87.00   -     97.00        90.14
BONE-IN SIR  2.5-3.5#            2.5                 52.00        52.00
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#
PICNIC -----------------------------------------------------------------
  Primal Cutout Value =                                           36.78
------------------------------Lds-- --Price Range---------------Wghtd Avg
  Smkr Trm, RS, combo
  Smkr Trm, SS, combo
  Smkr Trm, SS, boxed            1.0                 62.00        62.00
PICNIC CUSHION MEAT
  Boxed 92%   Fresh             1.13   87.00   -     92.00        87.56
  Boxed 92%  Frozen
BOSTON BUTT ------------------------------------------------------------
  Primal Cutout Value =                                           58.04
------------------------------Lds-- --Price Range---------------Wghtd Avg
1/4" TRM 5-10#                   7.0   67.00   -     72.00        69.07
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 =                                           101.84
------------------------------Lds-- --Price Range---------------Wghtd Avg
3BAG/3 PCVAC4.25#/DN-LGT
COMBOS      4.25#/DN-LGT
2 BAG/3 PCVAC4.25#/UP-MED        3.0  107.00   -    108.00       107.33
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 =                                           53.92
------------------------------Lds-- --Price Range---------------Wghtd Avg
BONE-IN TRIMMED
  17-20# TRIM SPEC 1             1.0                 65.00        65.00
  20-23# TRIM SPEC 1            18.0   57.00   -     58.00        57.11
  23-27# TRIM SPEC 1
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 =                                           78.63
------------------------------Lds-- --Price Range---------------Wghtd Avg
SKIN-ON, TRIMMED 10-12#
SKIN-ON, TRIMMED 12-14#          7.0                 78.00        78.00
SKIN-ON, TRIMMED 14-16#          2.0                 80.00        80.00
SKIN-ON, TRIMMED 16-18#          2.0                 80.00        80.00
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                26.0   37.00   -     42.00        38.92
Boxed 72%  Frozen
BONELESS PICNIC MEAT
  Combo 72%  Fresh
  Boxed 72%  Frozen
SKINNED JOWLS
  Combo    Fresh                 2.0                 27.00        27.00
  Boxed    Frozen                2.0                 38.00        38.00
FAT, VISUAL TRACE OF LEAN
  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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