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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 3/12/2013

LM_XB405
Des Moines, IA                 Tue, Mar 12, 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:               $170.19
Change from prior day:              ($0.12)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $217.96        $121.71       ($0.15)
100% lean inside round                      $260.07          $6.03         $0.01
100% lean, flats and eyes                   $254.62          $5.91         $0.01
100% lean, S.P.B.                           $246.91         $12.35       ($0.01)
Chuck Tender                                $236.28          $2.36         
Knuckle                   4-7 lbs.          $240.04          $6.07         $0.02
Tenderloin                2-3 lbs.          $398.96          $2.11         
Tenderloin                3-4 lbs.          $431.81          $3.20       ($0.01)
Ribeye Roll               4-6 lbs.          $238.60          $2.51         
Ribeye Roll               6-8 lbs.          $261.62          $1.94         $0.01
Ribeye Roll               8up lbs.          $268.19          $1.96         $0.01
Flank Steak                                 $237.00          $1.00       ($0.01)
Kidney, Edible                               $28.72          $0.13         
Fat, inedible                                $26.97          $0.63         
Bone                                          $9.49          $2.28         
--------------------------------------------------------------------------------
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                 41.25  loads --            1,649,935  pounds
Cutter/Canner Cuts                  5.53  loads --              221,346  pounds
Boner/Breaker/Cutter/Canner        26.34  loads --            1,053,713  pounds
100% Lean Items                    36.23  loads --            1,449,174  pounds
Frozen Cuts                         8.80  loads --              352,021  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              15   33,654   $279.08       $1.02
112   Rib, ribeye roll, 8-10 lbs.             77  157,998   $295.92     ($5.21)
112   Rib, ribeye roll, 10-up lbs.            38   86,276   $274.77       $1.07
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23   21,421   $355.03     ($7.03)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      25   53,209   $286.09       $1.03
      Chuck, boneless 85%
120   Chuck, brisket                          33   40,562   $187.08    ($13.73)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           36  122,944   $236.03       $6.44
169A  Round, top inside c-off, 8-10 lbs.       6   27,950   $259.05       
169A  Round, top inside c-off, 10-14 lbs.     49  650,828   $253.44     ($0.51)
169A  Round, top inside c-off, 14-up lbs.      6   36,673   $257.44     ($0.06)
171B  Round, outside round                    24  149,637   $240.29       $3.36
171C  Round, eye of round                     48  103,265   $247.27       $2.73
      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.            12   26,406   $230.26     ($2.00)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  31   44,129   $236.38       $3.88
185A  Loin, bottom sirloin butt flap, bnls.   31   64,342   $260.98     ($8.06)
191A  Loin, butt tender, peeled                6    2,282   $490.41       $1.10
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              45   98,765   $262.22       $1.41
112   Rib, ribeye roll, 8-up lbs.             29  121,954   $268.19       $0.82
100% LEAN
      Inside round - Combo                    30  351,232   $258.19       $0.33
      Inside round - Boxed                    30   51,148   $273.02     ($0.49)
      Outside round                            5   27,101   $254.48     ($1.97)
      Eye of round                            18   60,824   $262.61     ($0.04)
      Flats and eyes - Combo                  17  325,902   $253.14       $0.59
      Flats and eyes - Boxed                            
      Striploin                               54  203,686   $304.63       $0.71
      S.P.B. - Combo                          28  429,281   $246.91     ($0.36)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     37  137,074   $236.28       $0.71
167A  Round, knuckle, peeled                  53  291,982   $240.04       $0.97
190   Loin, tenderloin, 2-3 lbs.              24   24,452   $397.23       $0.93
190   Loin, tenderloin, 3-4 lbs.              40   56,007   $425.79     ($1.87)
190   Loin, tenderloin, 4-5 lbs.             191  262,623   $468.42       $2.33
190   Loin, tenderloin, 5-up lbs.             48   57,429   $462.05     ($1.77)
193   Flank, flank steak                     111  137,858   $255.74       $0.89
      Flank, rough                            57   86,288   $233.04     ($0.07)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6   20,585   $284.69     ($0.32)
112   Rib, ribeye roll, 8-10 lbs.              5   74,001   $252.68       $2.14
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.             8   38,168   $281.23     ($0.35)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.               7    8,385   $254.50       $0.27
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.               6   17,181   $457.35       $4.38
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                      29  149,108   $219.68     ($5.17)
--------------------------------------------------------------------------------
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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