LM_XL502
St. Joseph, MO               Wed, October 18, 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              864.27       7.68    11.42%     7.65
209   BREAST **                       206.75       0.42     7.74%     5.19
207   SHOULDERS, SQ-CUT               313.25      -0.58    24.17%    16.19
210   FORESHANK                       407.60       0.50     3.48%     2.33
      NECK **                         166.31       0.67     2.31%     1.55
      HINDSADDLE
232   LOINS, TRIMMED 4X4              597.67       5.97    10.91%     7.31
232E  FLANK UNTRIMMED **              142.72      19.84     2.81%     1.88
233A  LEG, TROTTER OFF                365.81       4.77    31.29%    20.96
--------------------------------------------------------------------------------
      GROSS CARCASS VALUE:            392.12       3.51    94.13%    63.07

FORESADDLE VALUE                      424.35       1.63    49.12%    32.91
HINDSADDLE VALUE                      408.08       6.00    45.01%    30.16


Carcass value less process/packaging per cwt cost of   $44.85
      NET CARCASS VALUE               347.27       3.51

* 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


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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