By product drop value (steer) FOB Central U.S.

NW_LS441 Des Moines, IA Wed, Aug 24, 2011 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 13.38 per cwt live, down -0.05 when compared to Tuesday'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 4.91 84.50 - 6.38 Tallow, edible 1.20 52.75 -1.00 0.63 Tallow, packer bleachable 4.50 45.75 - 2.06 Tongues,Swiss #1 0-3%, exp 0.24 222.25 - 0.53 Cheek meat, trmd 0.32 143.00 - 0.46 Head meat 0.13 104.25 - 0.14 Oxtail, selected 0.24 245.00 - 0.59 Hearts, reg, bone out 0.38 92.00 2.00 0.35 Lips, unscalded 0.13 151.00 - 0.20 Livers, slcted, export 0.96 65.00 - 0.62 Tripe, scalded edible 0.65 63.75 - 0.41 Tripe, honeycomb bleached 0.15 110.00 - 0.17 Lungs, inedible 0.47 3.88 - 0.02 Melts 0.14 4.13 - 0.01 Meat bone ml, 50% blk/ton 3.70 319.50 -20.50 0.59 Blood meal, 85% blk/ton 0.60 720.00 -20.00 0.22 Totals: 18.72 13.38 Dressed equivalent basis (63% dress): 21.24 (1) Typical slaughter steer weighs 1,325 pounds.