LM_XL502 St. Joseph, MO Mon, October 16, 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 857.89 -6.14 11.42% 7.65 209 BREAST ** 204.68 -11.93 7.74% 5.19 207 SHOULDERS, SQ-CUT 313.74 -1.19 24.17% 16.19 210 FORESHANK 408.14 -3.75 3.48% 2.33 NECK ** 165.74 -7.57 2.31% 1.55 HINDSADDLE 232 LOINS, TRIMMED 4X4 594.90 -10.70 10.91% 7.31 232E FLANK UNTRIMMED ** 124.19 -0.87 2.81% 1.88 233A LEG, TROTTER OFF 362.05 3.94 31.29% 20.96 -------------------------------------------------------------------------------- GROSS CARCASS VALUE: 389.35 -2.18 94.13% 63.07 FORESADDLE VALUE 422.79 -4.52 49.12% 32.91 HINDSADDLE VALUE 403.64 0.09 45.01% 30.16 Carcass value less process/packaging per cwt cost of $44.85 NET CARCASS VALUE 344.50 -2.18 * Shrink and trim of 3.93 lb's not reflected in cutout value * Based on Actual Federally Inspected Slaughter Carcass Weight of 67.00 lbs. for W/E 09/30/2017 , 1.00 lbs heavier 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