NW_LS441 Des Moines, IA Wed, Jan 07, 2009 USDA Market News USDA BY-PRODUCT DROP VALUE (STEER) The hide and offal value from a typical slaughter steer(1) for today was estimated at 6.23 per cwt live, up 0.02 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 5.38 35.00 - 2.75 Tallow, edible 1.20 20.75 - 0.25 Tallow, packer bleachable 4.50 17.00 - 0.77 Tongues,Swiss #1 0-3%, exp 0.24 89.00 - 0.21 Cheek meat, trmd 0.32 89.00 4.00 0.28 Head meat 0.13 48.00 3.00 0.06 Oxtail, selected 0.24 156.00 - 0.37 Hearts, reg, bone out 0.38 28.00 - 0.11 Lips, unscalded 0.13 95.00 8.00 0.12 Livers, slcted, export 0.96 29.00 - 0.28 Tripe, scalded edible 0.65 29.00 - 0.19 Tripe, honeycomb bleached 0.15 150.00 - 0.23 Lungs, inedible 0.47 5.14 - 0.02 Melts 0.14 3.58 - 0.01 Meat bone ml, 50% blk/ton 3.70 234.00 - 0.43 Blood meal, 85% blk/ton 0.60 500.00 - 0.15 Totals: 19.19 6.23 Dressed equivalent basis (63% dress): 9.89 (1) Typical slaughter steer weighs 1,275 pounds. --------------------------------------------------- The hide and offal value from typical fed cattle (steers and heifers 1,240) for today was estimated at 6.34 per cwt live, up 0.02 when compared to Tuesday's value. 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 wly/mds .