LM_XL502 St. Joseph, MO Fri, April 03, 2020 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 907.98 2.96 5.68% 3.75 204C RACK, ROAST-READY, FR 1,776.57 11.10 3.24% 2.14 209 BREAST ** 306.38 -8.48 7.74% 5.11 207 SHOULDERS, SQ-CUT 350.03 1.24 22.96% 15.15 210 FORESHANK 421.09 -3.51 3.24% 2.14 NECK ** 184.77 2.01 2.38% 1.57 FAT and BONE 10.00 0.00 3.44% 2.27 296 GROUND LAMB 570.79 -1.28 1.92% 1.27 SHRINK 0.35% 0.23 HINDSADDLE 232 LOINS, TRIMMED 4X4 521.02 3.46 5.73% 3.78 232 LOINS, TRIMMED 1X1 595.59 -44.16 3.55% 2.34 232E FLANK, UNTRIMMED ** 177.49 0.22 2.86% 1.89 233A LEG, TROTTER OFF 372.02 2.30 15.82% 10.44 234 LEG, BONELESS, TIED 576.92 0.85 11.38% 7.51 FAT and BONE 10.00 0.00 7.43% 4.90 296 GROUND LAMB 570.79 -1.28 1.93% 1.27 SHRINK 0.35% 0.23 -------------------------------------------------------------------------------- GROSS CARCASS VALUE: 434.90 -0.86 100.00% 66.00 FORESADDLE VALUE 476.07 0.13 50.95% 33.63 HINDSADDLE VALUE 392.13 -1.89 49.05% 32.37 Carcass value less process/packaging per cwt cost of $59.00 NET CARCASS VALUE 375.90 -0.86 * Fat and Bone an industry survey value for LM_XL502 calculation * Based on Actual Federally Inspected Slaughter Carcass Weight of 66.00 lbs. for W/E 03/21/2020 , -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