NW_LS500 Des Moines, IA Thu, Jan 15, 2009 USDA Market News USDA NATIONAL CARLOT PORK REPORT as of: 3:00 P.M. Purchases equated to FOB Omaha Basis. Compared to Wednesday's Close: Fresh loins steady to 1.00 higher; butts firm; sknd hams mostly 2.00 lower; sdls bellies unevenly steady; lean trimmings generally steady. Trading slow, with light to moderate demand and offerings. ----------------------------------------------------------------- Loads PORK CUTS : 67.75 Loads TRIM/PROCESS PORK : 5.0 ----------------------------------------------------------------- USDA ESTIMATED PORK CARCASS CUTOUT Based on FOB Omaha carlot pork prices and industry yields. Calculations for a 200 lb Pork Carcass 53-54% lean, 0.65"-0.80" backfat at last rib ----------------------------------------------------------------------- Total Today's Primal Cutout Values Date Loads Carcass Loin Butt Pic Rib Ham Belly ----------------------------------------------------------------------- 01/15 72.8 56.26 76.48 60.54 38.20 94.86 40.11 64.76 Change : 0.05 0.17 2.03 0.03 0.28 0.04 -1.41 ----------------------------------------------------------------------- 01/14 104.0 56.21 76.32 58.50 38.17 94.58 40.07 66.17 01/13 131.5 57.85 75.66 57.62 44.05 94.83 45.63 65.27 01/12 79.5 58.93 76.14 56.54 40.71 94.73 51.24 65.59 01/09 46.6 59.05 75.88 56.59 41.40 94.73 51.49 66.08 Current Five Day Simple Average - 57.66 76.10 57.96 40.51 94.74 45.71 65.57 ----------------------------------------------------------------------- NOTE: Value may change without adequate test. A detailed description of the cutout is available upon request. FRESH PORK CUTS LOINS, BONE-IN --------------------------------------------------------- Primal Cutout Value = 76.48 ------------------------------Lds-- --Price Range---------------Wghtd Avg 1/4" Trim 21#DN-LGT 3.5 94.00 - 96.00 94.86 1/8" Trm/less 21#DN-LGT 3.5 102.00 - 109.00 106.00 1/4" Bladeless 1/4" Trim 21#/UP-MED Combos 26/Up#(SOW) LOINS,CNTRCUT,10-11 RIB,1/4"TRM Tender-in FLO 8-13# 3.0 134.00 - 140.00 138.00 Tender-out FLO 8-13# BNLS Strap-on 5-11# BNLS Strap-off 5-11# 5.5 149.00 - 151.00 150.09 WHLE BNLS LOINS 9-13# BNLS SIRLOIN .75-1.5# 1.5 109.00 - 115.00 114.00 BONE-IN SIR 2.5-3.5# 1.75 84.00 - 86.00 85.14 BLADE ENDS 2-4# TENDERLOIN 1.25/DN# 2.0 215.00 - 221.00 218.50 LOIN BACKRIB (BOXED) FRESH 1.5/DN# " 1.75/DN# " 1.75-2.00# " 2.00/UP# 3.0 250.00 - 263.00 254.67 PICNIC ----------------------------------------------------------------- Primal Cutout Value = 38.20 ------------------------------Lds-- --Price Range---------------Wghtd Avg Smkr Trm, RS, combo 2.0 38.00 38.00 Smkr Trm, SS, combo 2.0 49.00 - 49.50 49.25 Smkr Trm, SS, boxed PICNIC CUSHION MEAT Boxed 92% Fresh Boxed 92% Frozen BOSTON BUTT ------------------------------------------------------------ Primal Cutout Value = 60.54 ------------------------------Lds-- --Price Range---------------Wghtd Avg 1/4" TRM 5-10# 5.0 75.00 75.00 1/8" TRM 5-10# 1/4" Trim Stk Rdy 1/8" Trim Stk Rdy 6.0 85.00 - 88.00 87.25 BNLS, Butt 1.0 91.00 91.00 Combo's 11/UP#(SOW) SPARERIB --------------------------------------------------------------- Primal Cutout Value = 94.86 ------------------------------Lds-- --Price Range---------------Wghtd Avg 3BAG/3 PCVAC4.25#/DN-LGT 2.0 108.00 108.00 COMBOS 4.25#/DN-LGT 2 BAG/3 PCVAC4.25#/UP-MED 4.0 101.00 - 102.00 101.25 COMBOS 4.25#/UP-MED FRESH PORK CUTS-ADDED INGREDIENTS ------------------------------------- -------------------------------Lds-----Price Range----- ------Wghtd Avg. BONE-IN LOINS 1/8" TRIM BONE-IN LOINS CC TENDER IN BNLS LOINS STRAP-ON BNLS LOINS STRAP-OFF BNLS SIRLOIN .75-1.5# BONE-IN SIR 2.5-3.5# TENDERLOIN 1.25/DN# LOIN BACKRIB FRESH 2.00/UP# SMKR TRM SS PICNIC BOXED 1/4" TRIM BUTT 1/4" TRIM STK RDY BUTT 1/8" TRIM STK RDY BUTT SPARERIB 4.25#/DN-LGT SPARERIB 4.25#/UP-MED SKINNED HAM ------------------------------------------------------------ Primal Cutout Value = 40.11 ------------------------------Lds-- --Price Range---------------Wghtd Avg BONE-IN TRIMMED 17-20# TRIM SPEC 1 20-23# TRIM SPEC 1 5.0 44.00 - 46.00 44.80 23-27# TRIM SPEC 1 9.0 41.00 - 45.00 43.56 BONE-IN 27#/up Trim Spec 1 NORTH AMERICAN EXPORTS HAMS, BONE-IN 23-27# TS 1 BNLS 3 MUSCLE HAMS 94-96% BNLS 4 MUSCLE HAMS 94-96% BNLS 5 MUSCLE HAMS 94-96% INSIDE OUTSIDE KNUCKLE LITE BUTT INNER SHANK HAM TRIMMINGS (CHEM LEAN) Combo 72% Fresh Boxed 72% Frozen Combo 90% Fresh Boxed 90% Frozen 1.0 73.00 73.00 Outer Shank Frozen BELLY, SEEDLESS -------------------------------------------------------- Primal Cutout Value = 64.76 ------------------------------Lds-- --Price Range---------------Wghtd Avg SKIN-ON, TRIMMED 10-12# SKIN-ON, TRIMMED 12-14# SKIN-ON, TRIMMED 14-16# 4.0 65.00 - 69.00 67.00 SKIN-ON, TRIMMED 16-18# 4.0 62.00 - 67.00 64.50 SKIN-ON, TRIMMED 18-20# SKIN-ON, TRIMMED 20-25# SKINLESS, 9-13# SKINLESS, 13-17# TRIMMINGS/BONELESS PROCESSING PORK (CHEMICAL LEAN) FOB BASIS ------------------------------Lds-- --Price Range---------------Wghtd Avg Combo 42% Fresh Boxed 42% Frozen Combo 72% Fresh 4.0 40.00 40.00 Boxed 72% Frozen BONELESS PICNIC MEAT Combo Fresh Boxed Frozen SKINNED JOWLS Combo Fresh Boxed Frozen TRIM, VISUAL TRACE OF LEAN Combo 12-16% Fresh Boxed 12-16% Frozen ------------------------------------------------------------------------- Specifications for all reported cuts available upon request. ------------------------------------------------------------------------- STANDARD ADJUSTMENTS FOR CONVERTING TO VACUUM BASIS Loins (13-23#'s): Butts (4-9#'s): Vacpak : report basis Vacpak : report basis Gas Pak : minus $2.00 Gas Pak : no price differential Paper : minus $5.00 Paper : minus $3.00 Combo : minus $6.00 Combo : minus $4.00 Spareribs: Adjustments for Trim - Vacpak : report basis Bone-in Center Cut Loins: Polywrap: minus $7.00 False Lean Off (FLO): report basis Tenderloins: False Lean On : minus $5.00 Vacpak : report basis Boneless Center Cut Loins: Polywrap: minus $10.00 1/4" Trim : report basis 1/8" Trim : add $6.00 ------------------------------------------------------------------------- Source: USDA Market News, Des Moines, IA Phone: 515-284-4460 email: desm.lgmn@usda.gov 24 Hour recorded market information 515-284-4830 www.ams.usda.gov/LSMarketNews 1530C crs/ajh .