LM_XL502 St. Joseph, MO Tue, December 11, 2018 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 878.93 3.31 11.42% 7.65 209 BREAST ** 225.52 -0.44 7.74% 5.19 207 SHOULDERS, SQ-CUT 283.20 -0.19 24.17% 16.19 210 FORESHANK 427.53 -1.59 3.48% 2.33 NECK ** 184.63 5.55 2.31% 1.55 HINDSADDLE 232 LOINS, TRIMMED 4X4 543.24 -7.69 10.91% 7.31 232E FLANK UNTRIMMED ** 116.28 0.55 2.81% 1.88 233A LEG, TROTTER OFF 363.56 -6.05 31.29% 20.96 -------------------------------------------------------------------------------- GROSS CARCASS VALUE: 381.72 -2.34 94.13% 63.07 FORESADDLE VALUE 418.20 0.76 49.12% 32.91 HINDSADDLE VALUE 391.68 -6.04 45.01% 30.16 Carcass value less process/packaging per cwt cost of $44.85 NET CARCASS VALUE 336.87 -2.34 * Shrink and trim of 3.93 lb's not reflected in cutout value * Based on Actual Federally Inspected Slaughter Carcass Weight of 67.00 lbs. for W/E 11/24/2018 , -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