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USDA-NW: National Carlot Pork Report

Des Moines, IA - Wed, May 07, 2008 - USDA Market News


USDA NATIONAL CARLOT PORK REPORT as of:  3:00 P.M.
Purchases equated to FOB Omaha Basis.

Compared to Tuesday's Close:        Fresh loins and butts mostly
firm; sknd hams 20-23 lbs 1.00-2.00 higher, 23-27 lbs mostly 2.00 higher; sdls
bellies 14-16 lbs 4.00 higher; lean trimmings 1.00-2.00 higher. Trading slow
to moderate, with moderate to good demand and mostly light offerings.



-----------------------------------------------------------------
Loads PORK CUTS          :            113.25
Loads TRIM/PROCESS PORK  :               6.0
-----------------------------------------------------------------

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
-----------------------------------------------------------------------
05/07       119.3      78.32  107.52   83.90  47.94 126.54 59.33  90.98
Change :                1.69    0.41    1.63   0.31   6.76  1.04   5.03
-----------------------------------------------------------------------
05/06       119.5      76.63  107.11   82.26  47.63 119.78 58.28  85.95
05/05        44.8      76.21  107.84   81.93  45.97 116.40 58.01  84.98
05/02        34.0      75.19  104.89   81.29  45.43 115.92 57.65  84.98
05/01        73.5      74.38  104.67   77.96  49.55 115.91 54.20  84.98
Current Five Day Simple Average -
                       76.15  106.41   81.47  47.30 118.91 57.49  86.37
-----------------------------------------------------------------------
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 =                                         107.52
------------------------------Lds-- --Price Range---------------Wghtd Avg
1/4" Trim 21#DN-LGT              4.0  133.00   -    135.00       134.00
1/8" Trm/less 21#DN-LGT          4.5  143.00   -    144.00       143.56
1/4" Bladeless                   1.0                140.00       140.00
1/4" Trim 21#/UP-MED
Combos 26/Up#(SOW)
LOINS,CNTRCUT,10-11 RIB,1/4"TRM
  Tender-in FLO  8-13#           6.5  172.00   -    186.00       176.46
  Tender-out FLO 8-13#
  BNLS Strap-on  5-11#           4.0  210.00   -    216.00       214.50
  BNLS Strap-off 5-11#          18.5  211.00   -    229.00       219.03
WHLE BNLS LOINS 9-13#            2.0                193.00       193.00
BNLS SIRLOIN .75-1.5#            1.5  116.00   -    117.00       116.33
BONE-IN SIR  2.5-3.5#            0.5                 90.00        90.00
BLADE ENDS       2-4#
TENDERLOIN   1.25/DN#            3.5  250.00   -    268.00       261.71
LOIN BACKRIB (BOXED)
 FRESH   1.5/DN#
      "     1.75/DN#
      "   1.75-2.00#
      "     2.00/UP#             2.5                289.00       289.00
PICNIC -----------------------------------------------------------------
  Primal Cutout Value =                                           47.94
------------------------------Lds-- --Price Range---------------Wghtd Avg
  Smkr Trm, RS, combo
  Smkr Trm, SS, combo            5.0   58.00   -     59.00        58.80
  Smkr Trm, SS, boxed
PICNIC CUSHION MEAT
  Boxed 92%   Fresh             0.25                 94.00        94.00
  Boxed 92%  Frozen
BOSTON BUTT ------------------------------------------------------------
  Primal Cutout Value =                                           83.90
------------------------------Lds-- --Price Range---------------Wghtd Avg
1/4" TRM 5-10#
1/8" TRM 5-10#
1/4" Trim Stk Rdy                5.0                110.00       110.00
1/8" Trim Stk Rdy                5.0                113.00       113.00
BNLS, Butt
Combo's 11/UP#(SOW)
SPARERIB ---------------------------------------------------------------
 Primal Cutout Value =                                           126.54
------------------------------Lds-- --Price Range---------------Wghtd Avg
3BAG/3 PCVAC4.25#/DN-LGT         2.5                138.00       138.00
COMBOS      4.25#/DN-LGT         1.0                128.00       128.00
2 BAG/3 PCVAC4.25#/UP-MED        2.0  133.00   -    139.00       136.00
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 =                                           59.33
------------------------------Lds-- --Price Range---------------Wghtd Avg
BONE-IN TRIMMED
  17-20# TRIM SPEC 1
  20-23# TRIM SPEC 1             5.0                 61.00        61.00
  23-27# TRIM SPEC 1            19.0   60.00   -     61.00        60.89
BONE-IN 27#/up Trim Spec 1
NORTH AMERICAN EXPORTS
  HAMS, BONE-IN 23-27# TS 1     32.0                 62.00        62.00
BNLS 3 MUSCLE HAMS 94-96%
BNLS 4 MUSCLE HAMS 94-96%        8.0  107.00   -    116.00       111.25
BNLS 5 MUSCLE HAMS 94-96%        2.0  104.00   -    105.00       104.50
INSIDE                           2.0  111.00   -    113.00       111.88
OUTSIDE                          2.0  111.00   -    113.00       111.88
KNUCKLE
LITE BUTT
INNER SHANK
HAM TRIMMINGS (CHEM LEAN)
  Combo 72%  Fresh
  Boxed 72%  Frozen
  Combo 90%  Fresh
  Boxed 90%  Frozen
  Outer Shank Frozen
BELLY, SEEDLESS --------------------------------------------------------
  Primal Cutout Value =                                           90.98
------------------------------Lds-- --Price Range---------------Wghtd Avg
SKIN-ON, TRIMMED 10-12#
SKIN-ON, TRIMMED 12-14#          2.0                 92.00        92.00
SKIN-ON, TRIMMED 14-16#          2.0                 92.00        92.00
SKIN-ON, TRIMMED 16-18#          2.0                 92.00        92.00
SKIN-ON, TRIMMED 18-20#
SKIN-ON, TRIMMED 20-25#
SKINLESS,         9-13#
SKINLESS,        13-17#
SKINLESS CONVERTED TO SKIN-ON BASE PRICE
9-13#  PRODUCED FROM 12-16#
13-17# PRODUCED FROM 16-18#
TRIMMINGS/BONELESS PROCESSING PORK (CHEMICAL LEAN) FOB BASIS
------------------------------Lds-- --Price Range---------------Wghtd Avg
Combo 42%  Fresh                 2.0                 51.00        51.00
Boxed 42%  Frozen
Combo 72%  Fresh                 4.0                 66.00        66.00
Boxed 72%  Frozen
BONELESS PICNIC MEAT
  Combo    Fresh
  Boxed    Frozen
SKINNED JOWLS
  Combo    Fresh
  Boxed    Frozen
FAT, VISUAL TRACE OF LEAN
  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





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