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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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  5. 2/20/2013

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Report Date: 2/20/2013 

LM_XB405
Des Moines, IA                 Wed, Feb 20, 2013                USDA Market News

NATIONAL 5-DAY ROLLING CUTTER COW CUTOUT AND BOXED COW BEEF CUTS
USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE - Negotiated Sales - Afternoon

Based on negotiated prices and volume of cow cuts delivered within 0-21 days
and on average industry cutting yields.  Values reflect U.S. dollars per 100
pounds.

                                   Cutter 90%
                                    350#/up
--------------------------------------------------------------------------------
Current-Cutout Value:               $167.28
Change from prior day:                $0.49
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $214.48        $119.77         $0.51
100% lean inside round                      $257.42          $5.97       ($0.03)
100% lean, flats and eyes                   $251.72          $5.84         
100% lean, S.P.B.                           $241.96         $12.10         $0.01
Chuck Tender                                $228.75          $2.29         $0.01
Knuckle                   4-7 lbs.          $239.66          $6.06         $0.04
Tenderloin                2-3 lbs.          $393.68          $2.09       ($0.01)
Tenderloin                3-4 lbs.          $435.29          $3.22       ($0.01)
Ribeye Roll               4-6 lbs.          $247.20          $2.60         
Ribeye Roll               6-8 lbs.          $254.09          $1.88       ($0.02)
Ribeye Roll               8up lbs.          $256.93          $1.88       ($0.01)
Flank Steak                                 $224.30          $0.94         
Kidney, Edible                               $32.00          $0.15         
Fat, inedible                                $24.79          $0.58         
Bone                                          $7.94          $1.91         
--------------------------------------------------------------------------------
USDA NATIONAL BOXED COW BEEF CUTS - NEGOTIATED SALES   FOB Plant basis
negotiated sales for delivery within 0-21 day period.

CURRENT VOLUME - (one load equals 40,000 pounds)

Boner/Breaker Cuts                 48.93  loads --            1,957,052  pounds
Cutter/Canner Cuts                  4.10  loads --              164,112  pounds
Boner/Breaker/Cutter/Canner        22.68  loads --              907,256  pounds
100% Lean Items                    42.35  loads --            1,694,011  pounds
Frozen Cuts                        13.00  loads --              520,102  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   25,674   $276.96     ($2.01)
112   Rib, ribeye roll, 8-10 lbs.             58  152,463   $286.18     ($0.12)
112   Rib, ribeye roll, 10-up lbs.            50   72,661   $283.02     ($1.25)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      31   32,095   $353.95       $6.82
112A  Rib, ribeye roll-lip-on, 8-up lbs.      26   57,966   $294.31     ($2.37)
      Chuck, boneless 85%                               
120   Chuck, brisket                          26   29,035   $191.10     ($2.82)
168   Round, top inside, 10-dn lbs.            4    3,285   $195.48       $0.57
168   Round, top inside, 10-up lbs.           40  137,842   $213.31     ($3.82)
169A  Round, top inside c-off, 8-10 lbs.       8   39,336   $254.97     ($3.06)
169A  Round, top inside c-off, 10-14 lbs.     59  794,728   $252.11       $0.77
169A  Round, top inside c-off, 14-up lbs.     13   75,347   $254.40       $0.31
171B  Round, outside round                    26  116,525   $228.73       $1.11
171C  Round, eye of round                     41   73,499   $244.20       $0.31
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.
180   Loin, strip, bnls, 7-9 lbs.                       
180   Loin, strip, bnls, 9-up lbs.            16   37,909   $227.77     ($0.51)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  36  105,100   $221.55     ($1.92)
185A  Loin, bottom sirloin butt flap, bnls.   54  199,747   $232.20     ($1.71)
191A  Loin, butt tender, peeled                4    2,130   $485.31       
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              47   90,575   $263.36       $0.67
112   Rib, ribeye roll, 8-up lbs.             20   73,537   $256.21     ($1.08)
100% LEAN
      Inside round - Combo                    33  537,699   $254.46     ($0.80)
      Inside round - Boxed                    42  108,811   $272.06     ($0.03)
      Outside round                            4   11,618   $258.33       
      Eye of round                            12   32,331   $264.81       $0.08
      Flats and eyes - Combo                  25  268,368   $249.86     ($0.30)
      Flats and eyes - Boxed                            
      Striploin                               59  213,253   $295.48       $0.23
      S.P.B. - Combo                          40  521,931   $241.96       $0.13
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     38  101,226   $228.75       $1.15
167A  Round, knuckle, peeled                  62  219,706   $239.66       $1.90
190   Loin, tenderloin, 2-3 lbs.              19   22,636   $396.15     ($1.47)
190   Loin, tenderloin, 3-4 lbs.              35   55,595   $433.19     ($1.31)
190   Loin, tenderloin, 4-5 lbs.             161  220,572   $464.65     ($5.48)
190   Loin, tenderloin, 5-up lbs.             49   62,633   $470.70      $15.33
193   Flank, flank steak                     109  126,051   $249.63       $2.66
      Flank, rough                            48   98,837   $224.67     ($6.31)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              16  182,510   $283.77       $0.95
112   Rib, ribeye roll, 8-10 lbs.              8   63,100   $252.72     ($0.48)
112   Rib, ribeye roll, 10-up lbs.
112A  Rib, ribeye roll-lip-on, 8-dn lbs.                
112A  Rib, ribeye roll-lip-on, 8-up lbs.                
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.
169A  Round, top inside c-off, 14-up lbs.               
180   Loin, strip, bnls, 7-9 lbs.                       
180   Loin, strip, bnls, 9-up lbs.             4    7,488   $282.42       $0.16
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.               5   79,660   $243.55       $0.85
112   Rib, ribeye roll, 8-up lbs.
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.
190   Loin, tenderloin, 3-4 lbs.
190   Loin, tenderloin, 4-5 lbs.
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      30  143,956   $202.13     ($3.33)
--------------------------------------------------------------------------------
Source:    USDA Market News Service, Des Moines, IA
           515-284-4460      email:  desm.lgmn@usda.gov
           24 Hour recorded market information 515-284-4830
           http://www.ams.usda.gov/LSMarketNews
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