LM_XL502 St. Joseph, MO Fri, July 19, 2019 USDA Market News USDA ESTIMATED NATIONAL LAMB CARCASS CUTOUT Based on 5-Day Rolling weighted average FOB plant prices collected under Mandatory Price Reporting and industry yields. Values reflect U.S. dollars per 100 pounds. CUTS FOB PRICE CHANGE %CARCASS LBS FORESADDLE 204 RACK, 8-RIB MEDIUM 900.35 -6.95 11.50% 7.36 209 BREAST ** 234.12 6.26 7.64% 4.89 207 SHOULDERS, SQ-CUT 313.27 2.60 24.00% 15.36 210 FORESHANK 438.30 6.20 3.45% 2.21 NECK ** 201.23 -0.20 2.33% 1.49 HINDSADDLE 232 LOINS, TRIMMED 4X4 537.98 3.85 11.07% 7.08 232E FLANK UNTRIMMED ** 151.23 -2.58 3.20% 2.05 233A LEG, TROTTER OFF 390.71 2.06 31.28% 20.02 -------------------------------------------------------------------------------- GROSS CARCASS VALUE: 403.03 1.50 94.47% 60.46 FORESADDLE VALUE 442.40 1.05 48.92% 31.31 HINDSADDLE VALUE 409.68 2.17 45.55% 29.15 Carcass value less process/packaging per cwt cost of $48.45 NET CARCASS VALUE 354.58 1.50 * Shrink and trim of 3.54 lb's not reflected in cutout value * Based on Actual Federally Inspected Slaughter Carcass Weight of 64.00 lbs. for W/E 07/06/2019 , -2.00lbs lighter than last week. **Includes Fresh and Frozen Product -------------------------------------------------------------------------------- Source: USDA Livestock, Poultry & Grain Market News Division, St. Joseph, MO 816-676-7000 email: stjoe.lpgmn@ams.usda.gov www.ams.usda.gov/market-news/livestock-poultry-grain 1530C