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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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  5. 4/24/2013

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Report Date: 4/24/2013 

LM_XB405
Des Moines, IA                 Wed, Apr 24, 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:               $162.79
Change from prior day:              ($2.72)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $205.40        $114.70       ($2.67)
100% lean inside round                      $262.55          $6.09         
100% lean, flats and eyes                   $256.26          $5.95         $0.01
100% lean, S.P.B.                           $246.78         $12.34       ($0.09)
Chuck Tender                                $222.20          $2.22       ($0.01)
Knuckle                   4-7 lbs.          $230.49          $5.83       ($0.03)
Tenderloin                2-3 lbs.          $419.03          $2.22       ($0.04)
Tenderloin                3-4 lbs.          $448.75          $3.32       ($0.01)
Ribeye Roll               4-6 lbs.          $251.91          $2.65         $0.10
Ribeye Roll               6-8 lbs.          $258.78          $1.91       ($0.02)
Ribeye Roll               8up lbs.          $252.71          $1.84         $0.01
Flank Steak                                 $229.91          $0.97         $0.03
Kidney, Edible                               $24.25          $0.11         
Fat, inedible                                $27.97          $0.65         
Bone                                          $8.30          $1.99         
--------------------------------------------------------------------------------
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                 53.83  loads --            2,153,065  pounds
Cutter/Canner Cuts                  4.82  loads --              192,976  pounds
Boner/Breaker/Cutter/Canner        25.40  loads --            1,016,040  pounds
100% Lean Items                    51.18  loads --            2,047,278  pounds
Frozen Cuts                        10.46  loads --              418,208  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11   17,827   $283.61     ($2.36)
112   Rib, ribeye roll, 8-10 lbs.            109  306,647   $277.32     ($1.25)
112   Rib, ribeye roll, 10-up lbs.            44   64,587   $276.82     ($0.40)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      27   35,978   $303.15       $9.95
112A  Rib, ribeye roll-lip-on, 8-up lbs.      23   57,933   $279.83       $1.12
      Chuck, boneless 85%
120   Chuck, brisket                          30   30,997   $209.12       $4.96
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           47  126,064   $226.42     ($6.53)
169A  Round, top inside c-off, 8-10 lbs.       4   15,486   $260.09       $1.70
169A  Round, top inside c-off, 10-14 lbs.     58  514,569   $255.25     ($0.07)
169A  Round, top inside c-off, 14-up lbs.      5   43,968   $256.70       $0.06
171B  Round, outside round                    43  348,766   $229.57       $3.62
171C  Round, eye of round                     46  140,849   $246.60       $0.01
      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.            70  249,374   $215.14       $1.22
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  34   50,053   $227.28       $0.80
185A  Loin, bottom sirloin butt flap, bnls.   57  137,672   $255.04     ($3.69)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              34   94,265   $257.23     ($2.92)
112   Rib, ribeye roll, 8-up lbs.             31   89,535   $252.41       $2.17
100% LEAN
      Inside round - Combo                    41  534,198   $260.93     ($0.49)
      Inside round - Boxed                    30   62,150   $276.51     ($1.10)
      Outside round                           10   54,289   $262.24     ($0.19)
      Eye of round                            14   42,955   $270.14     ($0.22)
      Flats and eyes - Combo                  35  441,608   $254.17     ($0.01)
      Flats and eyes - Boxed                            
      Striploin                               48  130,701   $306.92     ($0.17)
      S.P.B. - Combo                          55  781,377   $246.78     ($1.85)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     45  122,179   $222.20     ($0.95)
167A  Round, knuckle, peeled                  41  246,815   $230.49     ($0.94)
190   Loin, tenderloin, 2-3 lbs.              13   12,858   $419.03     ($7.77)
190   Loin, tenderloin, 3-4 lbs.              36   62,526   $447.91     ($1.82)
190   Loin, tenderloin, 4-5 lbs.             218  295,376   $487.54       $1.34
190   Loin, tenderloin, 5-up lbs.             40   67,457   $489.03      $19.25
193   Flank, flank steak                     100  119,538   $258.99       $1.63
      Flank, rough                            57   89,291   $245.55       $1.84
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              16   67,428   $279.44       $2.83
112   Rib, ribeye roll, 8-10 lbs.              6   67,940   $258.16     ($3.74)
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.             5    6,240   $311.25     ($0.35)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.               7   61,993   $261.13     ($0.82)
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                      41  183,847   $211.00       $3.46
--------------------------------------------------------------------------------
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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