LM_XL502 St. Joseph, MO Tue, April 16, 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 874.80 -0.36 11.50% 8.17 209 BREAST ** 213.46 -3.32 7.64% 5.42 207 SHOULDERS, SQ-CUT 288.25 2.76 24.00% 17.04 210 FORESHANK 412.08 0.20 3.45% 2.45 NECK ** 174.57 0.90 2.33% 1.65 HINDSADDLE 232 LOINS, TRIMMED 4X4 544.70 11.72 11.07% 7.86 232E FLANK UNTRIMMED ** 118.21 -0.01 3.20% 2.27 233A LEG, TROTTER OFF 358.09 1.25 31.28% 22.21 -------------------------------------------------------------------------------- GROSS CARCASS VALUE: 380.47 2.09 94.47% 67.07 FORESADDLE VALUE 417.77 0.81 48.92% 34.73 HINDSADDLE VALUE 386.59 3.71 45.55% 32.34 Carcass value less process/packaging per cwt cost of $48.45 NET CARCASS VALUE 332.02 2.09 * Shrink and trim of 3.93 lb's not reflected in cutout value * Based on Actual Federally Inspected Slaughter Carcass Weight of 71.00 lbs. for W/E 03/30/2019 , 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