LM_XL502 St. Joseph, MO Wed, April 03, 2019 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 893.07 -8.19 11.50% 8.05 209 BREAST ** 224.26 -1.23 7.64% 5.35 207 SHOULDERS, SQ-CUT 277.47 0.12 24.00% 16.80 210 FORESHANK 426.93 -2.61 3.45% 2.42 NECK ** 181.74 -1.31 2.33% 1.63 HINDSADDLE 232 LOINS, TRIMMED 4X4 510.15 -4.62 11.07% 7.75 232E FLANK UNTRIMMED ** 105.57 4.66 3.20% 2.24 233A LEG, TROTTER OFF 368.35 -4.53 31.28% 21.90 -------------------------------------------------------------------------------- GROSS CARCASS VALUE: 380.46 -2.91 94.47% 66.13 FORESADDLE VALUE 419.86 -2.31 48.92% 34.24 HINDSADDLE VALUE 384.35 -3.91 45.55% 31.89 Carcass value less process/packaging per cwt cost of $48.45 NET CARCASS VALUE 332.01 -2.91 * Shrink and trim of 3.87 lb's not reflected in cutout value * Based on Actual Federally Inspected Slaughter Carcass Weight of 70.00 lbs. for W/E 03/16/2019 , -1.00lbs lighter 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