NW_LS441 Des Moines, IA Thu, Mar 18, 2010 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 10.14 per cwt live, down -0.06 when compared to Wednesday'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 5.27 69.00 - 5.21 Tallow, edible 1.20 33.75 - 0.41 Tallow, packer bleachable 4.50 31.25 - 1.41 Tongues,Swiss #1 0-3%, exp 0.24 165.00 - 0.40 Cheek meat, trmd 0.32 98.00 - 0.31 Head meat 0.13 88.00 - 0.11 Oxtail, selected 0.24 184.00 - 0.44 Hearts, reg, bone out 0.38 44.00 5.50 0.17 Lips, unscalded 0.13 109.00 -19.00 0.14 Livers, slcted, export 0.96 47.50 - 0.46 Tripe, scalded edible 0.65 34.00 - 0.22 Tripe, honeycomb bleached 0.15 101.00 - 0.15 Lungs, inedible 0.47 3.50 - 0.02 Melts 0.14 3.25 - 0.01 Meat bone ml, 50% blk/ton 3.70 258.00 -30.00 0.48 Blood meal, 85% blk/ton 0.60 650.00 - 0.20 Totals: 19.08 10.14 Dressed equivalent basis (63% dress): 16.10 (1) Typical slaughter steer weighs 1,325 pounds. **HIDE WEIGHT ADJUSTED TO REFLECT SEASONAL CHANGE** The average value of hide and offal for the four days ending Thu, Mar 18, 2010 was estimated at 10.19 per cwt., up 0.20 from last week and up 4.47 from last year. --------------------------------------------------- USDA BY-PRODUCT DROP VALUE (CATTLE) The hide and offal value from typical fed cattle (steers and heifers 1,275) for today was estimated at 10.32 per cwt live, down 0.04 from Wednesday's value. FOB CENTRAL U.S. TODAY'S CALCULATIONS FOR BY-PRODUCT VALUE (CATTLE) Lbs Price Change Value Prv/Dy Cattle hide/Pc 5.11 68.75 0.25 5.39 Tallow, edible 1.20 33.75 - 0.41 Tallow, packer bleachable 4.50 31.25 - 1.41 Tongues, Swiss #1 0-3%, ex 0.24 165.00 - 0.40 Cheek meat, trmd 0.32 98.00 - 0.31 Head meat 0.13 88.00 - 0.11 Oxtail, selected 0.24 184.00 - 0.44 Hearts, reg, bone out 0.38 44.00 5.50 0.17 Lips, unscalded 0.13 109.00 -19.00 0.14 Livers, slcted, gall off,e 0.96 47.50 - 0.46 Tripe, scalded edible 0.65 34.00 - 0.22 Tripe, honeycomb bleached 0.15 101.00 - 0.15 Lungs, inedible 0.47 3.50 - 0.02 Melts 0.14 3.25 - 0.01 Meat bone ml, 50% blk/ton 3.70 258.00 -30.00 0.48 Blood meal, 85% blk/ton 0.60 650.00 - 0.20 Totals: 18.92 10.32 Dressed equivalent basis (62.9% dress): 16.41 (1) Typical slaughter cattle weighs 1,275 pounds Source: USDA Market News, Des Moines, IA Phone: 515-284-4460 email: desm.lgmn@usda.gov 24 Hour recorded market information 515-284-4830 www.ams.usda.gov/LSMarketNews 1530C mds/jp