Central Cariot
Pork Report
DES MOINES, lOWA
Wednesday, February 25, 1998
USDA NATIONAL CARLOT PORK
REPORT Equated to FOB Omaha Basis as
3:00 P.M.
Compared to Tuesday's Close: Fresh
bone-in 13-19# loins steady to 2.00 higher,
butts steady to 2.00 lower, sknd. hams
1.00-2.00 lower; sdls. bellies 2.00-4.00
lower, lean trimmings mostly 2.00 lower.
Trading on retail items moderate with light
to moderate demand and offerings while
processing cuts are actively trading with
moderate demand and heavy offerings. -
Loads PORK CUTS : 171.5 Loads TRIM/
PROCESS PORK : 65.13 - USDA ESTI
MATED COMPOSITE PORK CARCASS
CUTOUT Based on FOB Omaha cariot
pork prices and industry yields.
Calculations for a 185 lb Pork Carcass
51-52% lean, 0.80“-0.99“ backfat at last
rib - Total Today's Primal Composite Val
ues Date Loads Cutout Loin Butt Pic Rib
Ham Belly - 02/25 236.6 52.48 75.69 51.04
34.92 128.48 45.18 38.71 Change : -0.58
1.31 -1.59 -1.66 unc -132 -131 - 02/24
153.0 53.06 74.38 52.63 36.58 128.48
46.49 40.22 02/23 72.0 53.92 74.10 54.03
36.74 132.34 47.18 42.90 02/20 1133
54.01 73.96 54.28 36.78 132.34 47.24
43.42 02/19 140.654.3374.1054.15 36.43
132.34 47.15 45.34 Current Five Day
Simple Average - 5336 74.44 53.23 36.29
130.80 46.65 42.12 - NOTE: Value may
change without adequate test.
FRESH PORK CUTS LDS PRICE
RANGE WOHTD AVG. LOINS, BONE
IN. FRESH 1/4* Trim 13-19# 10.5 97.00 -
103.00 100.43 l/S* Tnn/lcss 13-19# 105
101.00-109.00106.67 1/4* Bladeless 1/4“
Trim 19-23# 6.0 99.00-101.0099.67 com
bos 23/Up# 1.5 57.00 57.00
LOINS.CNTRCUT. 10-11 RIB.I/4TRM
Tender-in FLO 8-13# 14X00 14X00 D
Tender-out FLO 8-13# 137.00 137.00 D
BNLS Strap-on 5-9# X 0 15X00 - 159.00
15550 BNLS Strap-off 5-9# X 5 160.00 -
174.00 165.60 WHLE BNLS LOINS
7-11# 134.00 134.00 C BNLS SIRLOIN
.75-1# 2.25 113.00 - 121.00 113.89
BONE-IN SIR X5-35# BLADE ENDS
2-4# TENDERLOIN 1.25/DN#O5 190.00
- 248.00 219.00 LOIN BACKRIB (BOX
ED) FRSH/FRZN 1.5/DN# 350.00 350.00
C “ 1.75/DN# “ 1.75-2.00# 0.25 25X00
252.00 * 2.00/UP# LOIN BACKRIB
(COMBOS) 1.73/DN# 303.00 303.00 E
James & Clark, llp
“Serving the Needs of Lancaster County Farmers”
Conveniently located between Ephrata, New Holland
and Blue Ball, the law office of James & Clark, LLP is
devoted to addressing the unique needs of farm families.
Our mission is to provide excellent legal counsel in the
following areas of law:
Estate
Estate
Real Estate
Business Planning
E-Mail Address
JClark@PaEstatePlanning.com
PICNIC. FRESH Smkr Trm, RS, combo
SmkrTnn, SS. boxed 55.00 55.00 E PICN
IC CUSHION MEAT Combo 92% Fresh
2.63 90.00 - 93.00 91.76 Boxed 92% Fro
zen BOSTON BUTT 4-9#,FRESH 1/4*
Trim 113 62.00 • 68.00 64.87 1/8* Trim
72.00 72.00 E 1/4“ Trim Neck-off 43
71.00- 1/B*Trim Neck-off 1.0
79.00 79.00 BNLS, Cellar Trim combo's
9/UP# SPARER®, FRESH 3 BAG/3
PCVAC 3.8/DN# 03 133.00 133.00 2
BAG/3 PCVAC 3.8-5.S# COMBOS
3.8/DN# COMBOS 3.8-5.8#
HAM.BONE-IN,TRIMMED 17-20# TSI
(sel) 10.0 57.00 - 58.00 57.20 17-20# TS2
(com) 20-23# TSI (sel) 36.0 46.00 - 50.00
47.67 20-23# TS2 (com) 1.0 44.00 44.00
23-27# TSI (sel) 5.0 44.00 - 45.00 44.80
23-27# TS2 (com) 20-27# TSI (sel) 19.0
43.00 - 46.00 44.21 20-27# TS2 (com)
44.00 44.00 B 27#/up TS2 (com)
HAM.BNLS MUSCLES 94-96% * 3
Muscle Group * 4 Muscle Group 7.0
110.00 110.00 * 5 Muscle Group 6.0
102.00 - 103.00 102.17 Inside Outside
Knuckle Lite Butt Inner Shank HAM
TRIMMINGS (CHEMICAL LEAN)
Combo 72% Fresh 1.0 2930 2930 Boxed
72% Frozen Combo 90% Fresh Boxed
90% Frozen Outer Shank Frozen BELLY,
SDLS, FRESH SKIN-ON, TRIMMED
Fresh 10-12* 1.0 35.50 3530 Fresh 12-14#
73 39.25 - 40.00 3937 Fresh 14-16# 8.5
39.00- Fresh 16-18# 9.0 36.00
- 3630 36.25 Fresh 18-20# 8.0 3130 31.
50 Fresh 20-25# unq SKINLESS,
SQUARED Fresh 9-11# Fresh 11-13#
Fresh 13-15* Fresh 15-17# SKINLESS.
CENTER CUT Fresh 8-10# Fresh 10-12#
Fresh 12-14# Fresh 14-16# PORK
TRIMMINGS/BONELESS PROCESS
ING PORK (CHEMICAL LEAN) Combo
42% Fresh 13.0 1730 -1830 17.62 Boxed
42% Frozen Combo 72% Fresh 29.0 2930
- 3130 30.13 Boxed 72% Frozen 10.0
36.00 36.00 BONELESS PICNIC MEAT
Combo 72% Fresh 2.0 4630 4630 Boxed
72% Frozen 54.00 54.00 C SKINNED
JOWLS Combo Fresh unq Boxed Frozen
2.0 22.00 - 2230 22.25 FAT. VISUAL
TRACE OF LEAN Combo Fresh 14.00
14.00 B Boxed Frozen TRIM, VISUAL
TRACE OF LEAN Combo 12-16% Fresh
S 3 15.00 - 17.00 16.18 Boxed 12-16%
Frozen
Specifications for all repotted cuts avail
able upon request
STANDARD CONVERSION FAC
TORS FOR RETAIL CUTS (all retail
Planning
Settlement
items vacuum packed unless otherwise
noted.) Loins (13-22#'s): Butts (4-9#'s):
Vacpak - report basis Vacpak - report basis
Gas Pak - add $2.00 Gas Pak - no conver
sion Paper - add $3.00 Paper ■ add $3.00
Combo - add $6.00 Combo - add $4.00
Spareribs: Bone-in Center Cut Loins: Vac
pak - report bes False Lean Off - basis
Polywrap - add $7.00 False Lean On - add
$5.00 Boneless Center Cut Loins: 1/4*
Trim - report basis 1/8* Trim - subtract
$6.00
ABCDE after quotes represents days
since last actual market test Quotes are
dropped after S days of no test or before if
they no longer reflect current market
conditions.
USDA PORK CARCASS CUTOUT
Wednesday, February 23, 1998 Estimated
gross cutout values of a 173 lb hog carcass
based on USDA cutting yield tests and car
lot prices. Wednesday's carcass grades &
prices per cwk: US #1 US #2 US #3 US #4
Change from 51.79 30.24 48.68 47.12
Tuesday’s value: -0.55 -0.55 -0.57 -0.58
Today's calculations for US #2 175 lb
pork carcass; % OF FOB CHANGE
FROM ITEM WEIGHT CARCASS VAL
UE Tuesday Skinned hams 14-20 Lb
21.01% $54.00 Loins, 1/4* Trim 14-22 Lb
20.33% $96.00 1.00 Bellies. Sdls. 12-14
Lb 13.90% $36.00 -3.00 Spareribs 3JDn
Lb 3.03% $114.00 1.00 Picnics 8-12 Lb
10.31% $30.50 -2.00 Butts. 1/4* Trim 4-8
Lb 7.25% $62.00 -2.00 Jowl - 2.85%
$19.00 Neckbones - 1.52% $13.00 Feet -
1.05% $23.50 Tails - 0.22% $30.00 Trim
72% --2.19% $28.50-1.00 Lard— 10.85%
$14.75 Total carcass % --> 94.51 % US «2
Carcass Value per cwt m $50.24 NOTE:
Value may change without adequate test
ABCDE after quotes represents days
since last actual market test. Quotes ate
dropped after 5 days of no test or before if
they no longer reflect current market
conditions.
Central Carlot
Beef Report
DES MOINES, lOWA
Wednesday, February 25, 1998
USDA NATIONAL CARLOT BEEF
REPORT (includes major production areas
in the Midwest and TX) as of 3:00 PM
COW & BULL CARCASS FOB OMAHA
3.0 Loads Reported. Compared to Tues
day's 3:00 P.M. report: Utility carcasses
1.00 lower; Cutter not established.
ATTORNEYS AT LAW
1907 Division Hwy. (Route 322)
Ephrata, PA 17522
717-355-2800
Demand and offerings light to moderate:
Lds Price Range Latest Estb. Mkt,
UT.brk 2-4 450#/up 1.0 62.00 62.00
UT,bng 1-3 400#/up 2.0 66.00 66.00 Cut
ter 1-2 330#/up 68.00 C Bulls YO 1
500#/up
COW A BULL CARCASS CAF WEST
COAST Loads Repotted. Compared to last
week;
Market for Week Ended: February 20,
1998 Lds Price Range UT.brk 2-4 450#/up
UT.bng 1-3 400#/up 68.00 Cutter 1-2
350#/up 68.00 Bulls YG 1 500#/up
BONELESS PROCESSING BEEF/
BEEF TRIMMINGS 208.0 Loads
Reported. Lean boneless processing beef
4.00-7.00 lower; 85% 3.00-SJO lower;
65% 3.00-4.00 lower. Demand and offer
ings light to moderate. Beef trimmings
weak on fairly good demand and heavy
offerings.
FOB OMAHA BASIS: dim Ln Lds
Price Range Wtavg 90% fr 26 97.0 - 102.0
99.40 90% fz unq 85% fr 6 88J - 91.0
89.42 85% fz unq 75% ft 70.0 - 71.0 70.40
A 75% fz unq 65% ft 13 46.0 - 49.0 46.92
65% fzunq 50% ft 10023.00- 25.00 23.60
50% fz 26 29.00 - 29.30 29.12 50% bx unq
Bull 92-94 116.0 -119.00 117 JO B
FOB EAST TEXAS AND OKLAHO
MA: Chm Ln Lds Price Range Wtavg 90%
fr 9 99.0 - 100.0 99.22 90% fz unq 83% fr
unq 85% fz 75% fr 75% fz 65% fr6S% fz
CAF NORTHEAST AREAS; Chm Ln
Lds Price Range Wtavg 90% fr 24 99J -
101.0 100.48 90% fz unq 83% ft 4 92.0 -
93.0 92.50 85% fz 73% fr 75% fz 65% fr
65% fz
CAF WEST COAST BASIS Market for
Week Ended: 2/20/98 Chm Ln Lds Price
Range Wtavg 90% fr 95.00 -106.50 103.85
90% fz unq 85% fr 87.00 - 97.00 9137
85% fz unq 75% frunq 75% fz unq 65% fr
unq 65% fz unq 50% frunq 50% & 35.00 -
36.00 3530
**ABCDE after quotes represents days
since last actual market test Quotes are
dropped after 5 days of no test or before if
they no longer reflect current market
conditions.** '
Morrison Cove
Livestock
Martinsburg, Pa.
February 23, 1998
Report supplied by auction
CATTLE 97. STEERS CHOICE
Raised on his family’s
dairy farm. Jay is keenly
aware of the unique legal
issues faced by
agricultural, family
businesses. Jay’s practice
focuses on the planning
that is required to reduce
tax burdens and to allow a
smooth transition from one
generation to the next. A
strong accounting
background provides Jay a
solid basis for tax issues.
Jay currently serves as chair of both the Agricultural
Law Committee of the Pennsylvania Bar Association and
the Estate Planning Section of the Lancaster Bar
Association. He is a frequent speaker on estate planning
and agricultural issues to the public and to lawyers.
Lancaster Farming. Saturday, February 28, 1998-Al7
6030-63.50; GOOD 563060.00.
HEIFERS: CHOICE 60.00-62.30;
GOOD 35.50-59.50.
COWS: UTILITY * COMMERCIAL
36.0044.00; CANNER A LOW CUTTER
22.0036.00.
BULLOCKS: 42.0052.50.
BULLS: YIELD GRADE NO. 1
42.0044.00.
FEEDER CATTLE: STEERS
55.0065.00; BULLS 48.0059.00; HEIF
ERS 44.0063.00.
CALVES lIS. PRIME, NO MKT.
TEST; CHOICE 74.0083.00; GOOD
59.0073.00; STANDARD 1S.0031.00;
HOLSTEIN BULLS 90-130 LBS.
4S.0090.00; HOLSTEIN HEIFERS
90130 LBS. 55.00105.00.
HOGS: 154. US NO. 1-2 37.003830;
US NO. 1-3 36.0037.00.
SOWS: US NO. 1-3 22.0032.00.
BOARS: 16.0020.00.
FEEDER PIGS: 6 HEAD. US4IA3
2050 LBS. 120023.00.
SHEEP: 38 HEAD. CHOICE LAMBS
95.00-11S.00; GOOD LAMBS
85.0098,00; SLAUGHTER EWES. NO
MARKET TEST.
GOATS: 36.00126.00 BACH.
North Jersey
Livestock
Herksllsfawm, NJ
Report Supplied by Auction
Tuesday, February 24, 199 C
CALVES .07-130.
COWS 35-.42V..
EASY COWS .12* -33* .
FEEDERS 300-400 LBS. .29-.55.
HEIFERS 38-37 V..
BULLS .37-34*.
STEERS J3-.65.
HOGS .2S-3S.
ROASTING PICS EACH ZOO-14.00.
SHEEP Zl-.61.
LAMBS EACH 40.00-78.00.
LAMBS PER LB. 30-I.MI
GOATS BACH 46.00-130.00.
KIDS BACH 16.00-76.00.
HIDES EACH 9.00-19.00.
TOTAL: 646.
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