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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/28/2013

LM_XB405
Des Moines, IA                 Tue, May 28, 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:               $159.02
Change from prior day:              ($0.29)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $198.87        $111.05       ($0.07)
100% lean inside round                      $262.48          $6.09       ($0.04)
100% lean, flats and eyes                   $256.77          $5.96         
100% lean, S.P.B.                           $249.68         $12.48       ($0.02)
Chuck Tender                                $218.01          $2.18         
Knuckle                   4-7 lbs.          $225.03          $5.69       ($0.03)
Tenderloin                2-3 lbs.          $411.25          $2.18         $0.01
Tenderloin                3-4 lbs.          $446.38          $3.30       ($0.01)
Ribeye Roll               4-6 lbs.          $252.00          $2.65       ($0.21)
Ribeye Roll               6-8 lbs.          $254.13          $1.88       ($0.01)
Ribeye Roll               8up lbs.          $250.05          $1.83         $0.01
Flank Steak                                 $277.33          $1.16         $0.09
Kidney, Edible                               $29.00          $0.13         
Fat, inedible                                $26.63          $0.62         
Bone                                          $7.58          $1.82       ($0.01)
--------------------------------------------------------------------------------
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                 32.78  loads --            1,311,134  pounds
Cutter/Canner Cuts                  6.16  loads --              246,200  pounds
Boner/Breaker/Cutter/Canner        19.47  loads --              778,962  pounds
100% Lean Items                    36.19  loads --            1,447,674  pounds
Frozen Cuts                         3.37  loads --              134,637  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   23,957   $276.56       $2.46
112   Rib, ribeye roll, 8-10 lbs.             54  155,544   $274.64       $2.19
112   Rib, ribeye roll, 10-up lbs.            51   71,576   $279.81     ($1.21)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      28   35,388   $380.27     ($0.98)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      11   18,653   $328.00    ($27.40)
      Chuck, boneless 85%
120   Chuck, brisket                          21   28,544   $211.71       $7.29
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           24   49,163   $208.50     ($2.88)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     33  275,476   $257.47     ($0.43)
169A  Round, top inside c-off, 14-up lbs.     14   86,541   $256.52     ($0.34)
171B  Round, outside round                    19  171,518   $218.78     ($1.86)
171C  Round, eye of round                     32   54,999   $250.09       $4.55
      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.            21   69,478   $215.64    ($16.33)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  33   52,881   $205.06     ($6.74)
185A  Loin, bottom sirloin butt flap, bnls.   52  202,220   $275.52       $5.61
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              38  159,546   $251.77     ($1.46)
112   Rib, ribeye roll, 8-up lbs.             13   86,654   $250.05       $0.49
100% LEAN
      Inside round - Combo                    18  285,000   $260.34     ($1.70)
      Inside round - Boxed                    29   33,563   $280.59       $0.16
      Outside round                            7   17,777   $270.59       $6.06
      Eye of round                            10   16,389   $266.47       $2.46
      Flats and eyes - Combo                  26  355,821   $255.63     ($0.36)
      Flats and eyes - Boxed                            
      Striploin                               44  135,034   $306.13     ($1.71)
      S.P.B. - Combo                          37  604,090   $249.68     ($0.23)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     42   90,540   $218.01     ($0.46)
167A  Round, knuckle, peeled                  35  195,640   $225.03     ($1.23)
190   Loin, tenderloin, 2-3 lbs.              12   16,622   $411.25       $1.33
190   Loin, tenderloin, 3-4 lbs.              33   63,165   $443.90     ($2.13)
190   Loin, tenderloin, 4-5 lbs.             118  176,956   $521.59    ($12.57)
190   Loin, tenderloin, 5-up lbs.             45   44,936   $520.37       $4.93
193   Flank, flank steak                      65  100,300   $285.30      $15.55
      Flank, rough                            44   90,803   $236.09     ($0.74)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.                       
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.
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.               8   55,262   $260.96       
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    3,627   $489.57       
190   Loin, tenderloin, 4-5 lbs.
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       6   13,956   $220.11       $9.37
--------------------------------------------------------------------------------
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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