Livestock products are settled to the midpoint of the trades or the last valid price in the pit (including trades, higher bids, lower offers, or nominal close based on prior settle if no activity) between 12:59:30-13:00:00 CT.

Comment used to differentiate between calves and yearlings weighing over 600 lbs. even when similar weights and grades are selling at or near the same price level.  The weight division between calves and yearlings for market reporting purposes is 600 pounds.  No comment is required on calves weighing less than 600 pounds, but all calves weighing more than 600 pounds must be identified as calves.

Used to identify cattle of Canadian origin on market reports.

Range and average carcass weight in pounds, the quality and yield grade (if applicable), and the average dressing percentage.[1]

Cattle that have been delivered to the packing plant for slaughter.[1]

A specific grade of mostly pork fat defined by hardness, color, fatty acid content, moisture, insolubles, and free fatty acids.

An agency of the U.S. Department of Agriculture. This agency is authorized to assist agricultural producers through loans, purchases, and other operations, and makes available materials and facilities required in the production and marketing of agricultural commodities.

In order for Livestock Mandatory reports to be published they must meet the 3/70/20 confidentiality guideline which states that in order for a report (regional or national) to be published, at least 3 companies have to submit data 50 percent of the time or more over a 60-day period.  No one company can account for 70 percent or more of the cumulative market volume for any report over a 60-day period.  In cases where only one company submits data for individual reports, the same company can not be the sole reporting entity more than 20 percent of the time during a 60

A female bovine that has developed through reproduction or with age, the relatively prominent hips, large middle, and other physical characteristics typical of mature females.

Unrefined corn oil.