US - The byproduct value is the total value of all non-meat items produced from an animal such as cheek meat, hearts, livers, tripe, tongue, meat and bone meal, edible and inedible tallow, and hides, write Steve Meyer and Len Steiner.These byproduct values are a key factor for packer margins. Exports are a driver of most byproduct values as there is a much higher consumer preference for variety meats in overseas markets including Asian countries and Mexico.On the cattle side, US hides make up a majority of the byproduct value, and most hides are processed overseas.Transitioning to hog byproduct values, they have seen more of an uptick in prices recently compared to beef.
【芝加哥商品交易所：豬副產品價值增加】
史蒂夫·邁耶(Steve Meyer)和萊恩·施泰納(Len Steiner)寫道，所謂副產品價值就是在動物加工后的無肉產品總價值，譬如頰肉、心臟、肝臟、牛肚、肉骨粉、舌頭、食用牛油等 。副產品價值是獲得邊際利潤的一個關鍵因素 。出口是副產品價值最大化的驅動器，海外市場有許多偏好各種肉類的消費者 ， 包括亞洲國家和墨西哥 。譬如牛肉加工，美國隱蔽了大部分副產品價值，許多隱蔽的牛肉副產品都在海外加工 。過渡到豬肉副產品價值，相比牛肉副產品可以看到最近的價格上漲 。
