LM_XL502 **Beginning Jan 6th, this report will add IMPS 204C Frenched Racks, IMPS 232 1x1 loins, IMPS 234 Boneless Legs, and IMPS 296 Ground Lamb items to cutout value calculations** St. Joseph, MO Thu, January 02, 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 864.62 0.72 11.50% 7.36 209 BREAST ** 265.24 -5.87 7.64% 4.89 207 SHOULDERS, SQ-CUT 327.42 -1.21 24.00% 15.36 210 FORESHANK 425.81 -6.59 3.45% 2.21 NECK ** 171.42 -9.43 2.33% 1.49 HINDSADDLE 232 LOINS, TRIMMED 4X4 546.66 -0.92 11.07% 7.08 232E FLANK UNTRIMMED ** 158.68 -2.12 3.20% 2.05 233A LEG, TROTTER OFF 384.34 3.43 31.28% 20.02 -------------------------------------------------------------------------------- GROSS CARCASS VALUE: 402.77 -0.20 94.47% 60.46 FORESADDLE VALUE 443.50 -2.25 48.92% 31.31 HINDSADDLE VALUE 407.93 1.98 45.55% 29.15 Carcass value less process/packaging per cwt cost of $48.45 NET CARCASS VALUE 354.32 -0.20 * 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 12/14/2019 , -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