LM_XL502 St. Joseph, MO Wed, April 17, 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 892.34 17.54 11.50% 8.17 209 BREAST ** 215.21 1.76 7.64% 5.42 207 SHOULDERS, SQ-CUT 289.09 0.84 24.00% 17.04 210 FORESHANK 420.14 8.07 3.45% 2.45 NECK ** 160.72 -13.85 2.33% 1.65 HINDSADDLE 232 LOINS, TRIMMED 4X4 539.71 -4.99 11.07% 7.86 232E FLANK UNTRIMMED ** 110.91 -7.29 3.20% 2.27 233A LEG, TROTTER OFF 357.83 -0.27 31.28% 22.21 -------------------------------------------------------------------------------- GROSS CARCASS VALUE: 381.91 1.44 94.47% 67.07 FORESADDLE VALUE 422.49 4.72 48.92% 34.73 HINDSADDLE VALUE 384.68 -1.91 45.55% 32.34 Carcass value less process/packaging per cwt cost of $48.45 NET CARCASS VALUE 333.46 1.44 * 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