USDA Nat'l Lamb Carcass Cutout                     11/14 15:05
LM_XL502
St. Joseph, MO              Wed, November 14, 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              866.20     -17.54    11.42%     7.54
209   BREAST **                       218.63      -0.84     7.74%     5.11
207   SHOULDERS, SQ-CUT               285.02      -0.70    24.17%    15.95
210   FORESHANK                       420.39       3.07     3.48%     2.30
      NECK **                         168.77      -3.19     2.31%     1.52
      HINDSADDLE
232   LOINS, TRIMMED 4X4              569.23       0.90    10.91%     7.20
232E  FLANK UNTRIMMED **              128.46      -3.88     2.81%     1.85
233A  LEG, TROTTER OFF                351.34       0.71    31.29%    20.65
--------------------------------------------------------------------------------
      GROSS CARCASS VALUE:            378.91      -1.99    94.13%    62.13

FORESADDLE VALUE                      413.80      -4.49    49.12%    32.42
HINDSADDLE VALUE                      390.24       0.47    45.01%    29.71


Carcass value less process/packaging per cwt cost of   $44.85
      NET CARCASS VALUE               334.06      -1.99

* Shrink and trim of  3.87  lb's not reflected in cutout value
* Based on Actual Federally Inspected Slaughter Carcass Weight
  of 66.00 lbs. for W/E      10/27/2018 , -1.00lbs 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