NW_LS441 Des Moines, IA Mon, May 23, 2022 USDA Market News USDA BY-PRODUCT DROP VALUE (STEER) FOB CENTRAL U.S. The hide and offal value from a typical slaughter steer(1) for today was estimated at 13.44 per cwt live, down -0.02 when compared to Friday's value. FOB CENTRAL U.S. TODAY'S CALCULATIONS FOR BY-PRODUCT VALUE (STEER) Lbs Price Change Value Prv/Dy Steer hide, butt brand/Pc 4.72 29.50 - 2.11 Tallow, edible (2) 1.20 82.25 -1.25 0.99 Tallow, packer bleachable 4.50 77.25 - 3.48 Tongues,Swiss #1 0-3%,exp 0.24 900.00 - 2.16 Cheek meat, trmd 0.32 209.00 - 0.67 Head meat 0.13 125.00 -8.00 0.16 Oxtail, selected 0.24 280.00 - 0.67 Hearts, reg, bone out 0.38 100.00 - 0.38 Lips, unscalded 0.13 208.00 - 0.27 Livers, slcted, export 0.96 60.00 - 0.58 Tripe, scalded edible 0.65 134.00 - 0.87 Tripe, honeycomb bleached 0.15 312.00 - 0.47 Lungs, inedible 0.47 5.63 - 0.03 Melts 0.14 6.75 - 0.01 Meat & bone ml 50% blk/ton 3.70 110.00 - 0.20 Blood meal 85% blk/ton pnh 0.60 1300.00 - 0.39 Totals: 18.53 13.44 Dressed equivalent basis (63% dress): 21.33 (1) Typical slaughter steer weighs 1,400 pounds (2) May include Technical Animal Fat as both meet the same AFOA specifications Source: USDA Market News Service, Des Moines, IA Benjamin Feldman 515-284-4460 Desm.LPGMN@ams.usda.gov 24 Hour recorded market information 515-284-4830 www.ams.usda.gov/mnreports/NW_LS441.txt www.ams.usda.gov/LPSMarketNewsPage 1530C BJF