LM_XL502 St. Joseph, MO Fri, May 10, 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 895.24 -4.01 11.50% 7.36 209 BREAST ** 220.05 -2.76 7.64% 4.89 207 SHOULDERS, SQ-CUT 287.19 -0.49 24.00% 15.36 210 FORESHANK 421.29 -4.08 3.45% 2.21 NECK ** 180.28 -4.04 2.33% 1.49 HINDSADDLE 232 LOINS, TRIMMED 4X4 507.98 -1.53 11.07% 7.08 232E FLANK UNTRIMMED ** 109.35 2.05 3.20% 2.05 233A LEG, TROTTER OFF 379.42 0.32 31.28% 20.02 -------------------------------------------------------------------------------- GROSS CARCASS VALUE: 385.84 -1.03 94.47% 60.46 FORESADDLE VALUE 424.01 -2.10 48.92% 31.31 HINDSADDLE VALUE 391.69 -0.01 45.55% 29.15 Carcass value less process/packaging per cwt cost of $48.45 NET CARCASS VALUE 337.39 -1.03 * 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 04/27/2019 , 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