LM_XL502 St. Joseph, MO Fri, May 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 893.15 -9.20 11.50% 7.36 209 BREAST ** 222.64 2.00 7.64% 4.89 207 SHOULDERS, SQ-CUT 292.02 4.93 24.00% 15.36 210 FORESHANK 423.67 1.62 3.45% 2.21 NECK ** 191.91 0.89 2.33% 1.49 HINDSADDLE 232 LOINS, TRIMMED 4X4 532.30 -1.51 11.07% 7.08 232E FLANK UNTRIMMED ** 125.29 -5.20 3.20% 2.05 233A LEG, TROTTER OFF 378.25 1.79 31.28% 20.02 -------------------------------------------------------------------------------- GROSS CARCASS VALUE: 390.15 0.58 94.47% 60.46 FORESADDLE VALUE 427.01 0.73 48.92% 31.31 HINDSADDLE VALUE 397.92 0.50 45.55% 29.15 Carcass value less process/packaging per cwt cost of $48.45 NET CARCASS VALUE 341.70 0.58 * Shrink and trim of 3.54 lb's not reflected in cutout value * Based on Actual Federally Inspected Slaughter Carcass Weight of 64.00 lbs. for W/E 04/20/2019 , -5.00lbs 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