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


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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