USDA Nat'l Lamb Carcass Cutout                     07/20 15:40
LM_XL502
St. Joseph, MO                Fri, July 20, 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              894.29       6.79    11.42%     8.22
209   BREAST **                       208.02       1.24     7.74%     5.57
207   SHOULDERS, SQ-CUT               287.74      -2.00    24.17%    17.40
210   FORESHANK                       419.54       1.12     3.48%     2.51
      NECK **                         181.33      -6.88     2.31%     1.66
      HINDSADDLE
232   LOINS, TRIMMED 4X4              562.38      -0.08    10.91%     7.86
232E  FLANK UNTRIMMED **              135.14       6.73     2.81%     2.02
233A  LEG, TROTTER OFF                366.60       0.56    31.29%    22.53
--------------------------------------------------------------------------------
      GROSS CARCASS VALUE:            386.42       0.62    94.13%    67.77

FORESADDLE VALUE                      420.53       0.55    49.12%    35.37
HINDSADDLE VALUE                      399.60       0.79    45.01%    32.41


Carcass value less process/packaging per cwt cost of   $44.85
      NET CARCASS VALUE               341.57       0.62

* Shrink and trim of  4.23  lb's not reflected in cutout value
* Based on Actual Federally Inspected Slaughter Carcass Weight
  of 72.00 lbs. for W/E      06/23/2018 , 2.00 lbs heavier 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