LM_XL502 St. Joseph, MO Tue, November 07, 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 837.56 -3.74 11.42% 7.54 209 BREAST ** 222.51 0.82 7.74% 5.11 207 SHOULDERS, SQ-CUT 297.23 -3.43 24.17% 15.95 210 FORESHANK 438.44 3.66 3.48% 2.30 NECK ** 160.62 -1.43 2.31% 1.52 HINDSADDLE 232 LOINS, TRIMMED 4X4 571.10 3.52 10.91% 7.20 232E FLANK UNTRIMMED ** 136.80 0.63 2.81% 1.85 233A LEG, TROTTER OFF 362.70 8.89 31.29% 20.65 -------------------------------------------------------------------------------- GROSS CARCASS VALUE: 383.32 2.09 94.13% 62.13 FORESADDLE VALUE 414.66 -2.23 49.12% 32.42 HINDSADDLE VALUE 399.11 7.07 45.01% 29.71 Carcass value less process/packaging per cwt cost of $44.85 NET CARCASS VALUE 338.47 2.09 * 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 10/21/2017 , 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