LM_XL502 St. Joseph, MO Mon, August 12, 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 862.35 3.96 11.50% 7.48 209 BREAST ** 227.67 -3.73 7.64% 4.97 207 SHOULDERS, SQ-CUT 324.45 -0.93 24.00% 15.60 210 FORESHANK 413.72 0.07 3.45% 2.24 NECK ** 181.70 -15.77 2.33% 1.51 HINDSADDLE 232 LOINS, TRIMMED 4X4 528.32 -1.72 11.07% 7.20 232E FLANK UNTRIMMED ** 132.38 -12.47 3.20% 2.08 233A LEG, TROTTER OFF 381.94 -1.39 31.28% 20.33 -------------------------------------------------------------------------------- GROSS CARCASS VALUE: 395.13 -1.44 94.47% 61.41 FORESADDLE VALUE 435.28 -0.85 48.92% 31.80 HINDSADDLE VALUE 399.98 -2.25 45.55% 29.61 Carcass value less process/packaging per cwt cost of $48.45 NET CARCASS VALUE 346.68 -1.44 * Shrink and trim of 3.59 lb's not reflected in cutout value * Based on Actual Federally Inspected Slaughter Carcass Weight of 65.00 lbs. for W/E 07/27/2019 , -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