By-Product Drop Value (Steers)
USDA - Fri Jun 16, 3:19PM CDT
NW_LS441
Des Moines, IA     Fri, Jun 16, 2017     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 11.60 per cwt live, unchanged
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    4.69   66.00    -       4.71
Tallow, edible (2)           1.20   33.75    -       0.41
Tallow, packer bleachable    4.50   32.25    -       1.45
Tongues,Swiss #1 0-3%,exp    0.24  550.00    -       1.32
Cheek meat, trmd             0.32  200.00    -       0.64
Head meat                    0.13   90.00    -       0.12
Oxtail, selected             0.24  310.00    -       0.74
Hearts, reg, bone out        0.38   65.25    -       0.25
Lips, unscalded              0.13  189.00    -       0.25
Livers, slcted, export       0.96   22.00    -       0.21
Tripe, scalded edible        0.65   73.00    -       0.47
Tripe, honeycomb bleached    0.15  178.00    -       0.27
Lungs, inedible              0.47    5.63    -       0.03
Melts                        0.14    6.75    -       0.01
Meat & bone ml 50% blk/ton   3.70  242.50    -       0.45
Blood meal 85% blk/ton pnh   0.60  885.00    -       0.27
                Totals:     18.50                   11.60
           Dressed equivalent basis (63% dress):    18.41
(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, Jun 16, 2017   was estimated at 11.69 per cwt.,
down 0.02 from last week and  up 0.13 from last year.


Source:  USDA Market News Service, Des Moines, IA
         Samuel C. Gonzalez  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

1530C    SCG