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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 4/15/2013

LM_XB405
Des Moines, IA                 Mon, Apr 15, 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:               $167.88
Change from prior day:              ($1.62)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $213.53        $119.24       ($1.67)
100% lean inside round                      $264.57          $6.14         $0.01
100% lean, flats and eyes                   $254.81          $5.91         
100% lean, S.P.B.                           $249.15         $12.46         $0.02
Chuck Tender                                $225.96          $2.26         
Knuckle                   4-7 lbs.          $235.71          $5.96         $0.02
Tenderloin                2-3 lbs.          $424.55          $2.25       ($0.02)
Tenderloin                3-4 lbs.          $453.51          $3.36         $0.03
Ribeye Roll               4-6 lbs.          $243.60          $2.56         
Ribeye Roll               6-8 lbs.          $258.35          $1.91       ($0.02)
Ribeye Roll               8up lbs.          $266.03          $1.94         $0.03
Flank Steak                                 $240.97          $1.01         $0.01
Kidney, Edible                               $25.85          $0.12         
Fat, inedible                                $27.97          $0.65         
Bone                                          $8.78          $2.11       ($0.03)
--------------------------------------------------------------------------------
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                 45.54  loads --            1,821,673  pounds
Cutter/Canner Cuts                  3.67  loads --              146,827  pounds
Boner/Breaker/Cutter/Canner        28.24  loads --            1,129,788  pounds
100% Lean Items                    46.37  loads --            1,854,885  pounds
Frozen Cuts                         2.89  loads --              115,593  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8    6,205   $288.93       $4.88
112   Rib, ribeye roll, 8-10 lbs.             60  134,611   $283.36       $0.43
112   Rib, ribeye roll, 10-up lbs.            49   79,026   $277.66     ($1.10)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      28   51,998   $280.43       $0.68
112A  Rib, ribeye roll-lip-on, 8-up lbs.      21   37,964   $277.44     ($2.40)
      Chuck, boneless 85%                      6   94,000   $198.83     ($3.02)
120   Chuck, brisket                          28   25,856   $206.42       $3.13
168   Round, top inside, 10-dn lbs.            4    3,184   $205.50       
168   Round, top inside, 10-up lbs.           47  124,205   $229.14       $3.38
169A  Round, top inside c-off, 8-10 lbs.       3   26,600   $254.64     ($2.49)
169A  Round, top inside c-off, 10-14 lbs.     53  497,851   $256.11       $0.14
169A  Round, top inside c-off, 14-up lbs.      8  101,176   $257.35       $0.91
171B  Round, outside round                    35  284,566   $222.64       $0.06
171C  Round, eye of round                     39   72,958   $250.81       $0.90
      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.            35   71,737   $221.10     ($1.82)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  28   63,834   $215.55     ($4.34)
185A  Loin, bottom sirloin butt flap, bnls.   50  144,402   $249.46       $0.83
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              34   95,327   $258.17     ($0.77)
112   Rib, ribeye roll, 8-up lbs.             18   51,311   $266.03       $4.58
100% LEAN
      Inside round - Combo                    25  349,318   $260.25     ($0.24)
      Inside round - Boxed                    47   76,528   $284.28     ($0.16)
      Outside round                            9   49,113   $260.14       $1.33
      Eye of round                            19   29,814   $263.62     ($1.34)
      Flats and eyes - Combo                  39  440,911   $253.62     ($0.38)
      Flats and eyes - Boxed                            
      Striploin                               56  155,109   $307.82     ($2.68)
      S.P.B. - Combo                          45  754,092   $249.15       $0.32
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32  128,513   $225.96     ($0.48)
167A  Round, knuckle, peeled                  47  298,585   $235.71       $0.92
190   Loin, tenderloin, 2-3 lbs.              17   21,496   $424.55     ($3.10)
190   Loin, tenderloin, 3-4 lbs.              38   49,402   $451.73       $3.58
190   Loin, tenderloin, 4-5 lbs.             199  329,020   $476.57       $0.78
190   Loin, tenderloin, 5-up lbs.             36   51,517   $463.18     ($1.20)
193   Flank, flank steak                     108  151,068   $253.27     ($0.97)
      Flank, rough                            65  100,187   $241.70     ($0.57)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   17,374   $283.26       $2.38
112   Rib, ribeye roll, 8-10 lbs.              4   20,636   $288.45
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.             7   14,760   $280.84      $41.02
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.               3    6,899   $260.87     ($2.45)
112   Rib, ribeye roll, 8-up lbs.                       
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.                        
190   Loin, tenderloin, 3-4 lbs.               3    3,000   $482.80       
190   Loin, tenderloin, 4-5 lbs.
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                      17   49,335   $203.31       $4.68
--------------------------------------------------------------------------------
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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