By-Product Drop Value (Steers)
USDA - Fri Aug 10, 3:16PM CDT
NW_LS441
Des Moines, IA     Fri, Aug 10, 2018     USDA Market News

USDA BY-PRODUCT DROP VALUE (STEER) FOB CENTRAL U.S.
The hide and offal value from a typical slaughter steer(1)
for today was estimated at 9.23 per cwt live, down
-0.02 when compared to Thursday's value.
FOB CENTRAL U.S.
TODAY'S CALCULATIONS FOR BY-PRODUCT VALUE (STEER)
                              Lbs  Price  Change    Value
                                          Prv/Dy
Steer hide, butt brand/Pc    4.67   43.50    -       3.11
Tallow, edible (2)           1.20   29.25    -       0.35
Tallow, packer bleachable    4.50   24.75    -       1.11
Tongues,Swiss #1 0-3%,exp    0.24  370.00    -       0.89
Cheek meat, trmd             0.32  190.00    -       0.61
Head meat                    0.13   85.00    -       0.11
Oxtail, selected             0.24  289.00    -       0.69
Hearts, reg, bone out        0.38   62.00    -       0.24
Lips, unscalded              0.13  180.00    -       0.23
Livers, slcted, export       0.96   22.00    -       0.21
Tripe, scalded edible        0.65  103.50    -       0.67
Tripe, honeycomb bleached    0.15  232.00    -       0.35
Lungs, inedible              0.47    5.63    -       0.03
Melts                        0.14    6.75    -       0.01
Meat & bone ml 50% blk/ton   3.70  225.00    -       0.42
Blood meal 85% blk/ton pnh   0.60  660.00  -65.00    0.20
                Totals:     18.48                    9.23
           Dressed equivalent basis (63% dress):    14.65
(1) Typical slaughter steer weighs 1,400 pounds
(2) May include Technical Animal Fat as both meet the same AFOA specifications

        **HIDE WEIGHT ADJUSTED TO REFLECT SEASONAL CHANGE**
The average value of hide and offal for the five days ending
Fri, Aug 10, 2018   was estimated at 9.26 per cwt.,
 up 0.15 from last week and down 1.74 from last year.


Source:  USDA Market News Service, Des Moines, IA
         Veronica M. Alvarado  515-284-4460  Desm.LPGMN@ams.usda.gov
         24 Hour recorded market information 515-284-4830
         www.ams.usda.gov/mnreports/NW_LS441.txt
         www.ams.usda.gov/LPSMarketNewsPage

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