LM_XL502 St. Joseph, MO Tue, October 10, 2017 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 874.24 31.33 11.42% 7.54 209 BREAST ** 225.05 -3.10 7.74% 5.11 207 SHOULDERS, SQ-CUT 321.38 2.10 24.17% 15.95 210 FORESHANK 419.04 -5.14 3.48% 2.30 NECK ** 174.26 0.05 2.31% 1.52 HINDSADDLE 232 LOINS, TRIMMED 4X4 607.34 -3.51 10.91% 7.20 232E FLANK UNTRIMMED ** 133.66 -1.41 2.81% 1.85 233A LEG, TROTTER OFF 376.32 0.15 31.29% 20.65 -------------------------------------------------------------------------------- GROSS CARCASS VALUE: 401.31 3.29 94.13% 62.13 FORESADDLE VALUE 434.73 7.47 49.12% 32.42 HINDSADDLE VALUE 417.17 -0.84 45.01% 29.71 Carcass value less process/packaging per cwt cost of $44.85 NET CARCASS VALUE 356.46 3.29 * 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 09/23/2017 , unchanged from 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