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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/29/2013

LM_XB405
Des Moines, IA                 Wed, May 29, 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:               $159.12
Change from prior day:                $0.10
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $199.10        $111.18         $0.13
100% lean inside round                      $263.35          $6.11         $0.02
100% lean, flats and eyes                   $256.55          $5.95       ($0.01)
100% lean, S.P.B.                           $249.81         $12.49         $0.01
Chuck Tender                                $217.60          $2.18         
Knuckle                   4-7 lbs.          $226.72          $5.74         $0.05
Tenderloin                2-3 lbs.          $412.79          $2.19         $0.01
Tenderloin                3-4 lbs.          $446.71          $3.31         $0.01
Ribeye Roll               4-6 lbs.          $250.21          $2.63       ($0.02)
Ribeye Roll               6-8 lbs.          $254.54          $1.88         
Ribeye Roll               8up lbs.          $246.73          $1.80       ($0.03)
Flank Steak                                 $259.85          $1.09       ($0.07)
Kidney, Edible                               $29.00          $0.13         
Fat, inedible                                $26.63          $0.62         
Bone                                          $7.58          $1.82         
--------------------------------------------------------------------------------
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                 39.97  loads --            1,598,924  pounds
Cutter/Canner Cuts                  5.19  loads --              207,523  pounds
Boner/Breaker/Cutter/Canner        20.87  loads --              834,789  pounds
100% Lean Items                    44.86  loads --            1,794,442  pounds
Frozen Cuts                         3.95  loads --              157,913  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   33,075   $271.55     ($5.01)
112   Rib, ribeye roll, 8-10 lbs.             77  265,075   $270.22     ($4.42)
112   Rib, ribeye roll, 10-up lbs.            50   75,546   $279.05     ($0.76)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      24   17,678   $374.35     ($5.92)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      11   40,757   $289.17    ($38.83)
      Chuck, boneless 85%
120   Chuck, brisket                          24   24,609   $218.18       $6.47
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           32   78,791   $217.56       $9.06
169A  Round, top inside c-off, 8-10 lbs.       3    5,330   $259.35
169A  Round, top inside c-off, 10-14 lbs.     47  382,729   $258.03       $0.56
169A  Round, top inside c-off, 14-up lbs.     14   86,068   $256.95       $0.43
171B  Round, outside round                    16  138,465   $221.36       $2.58
171C  Round, eye of round                     32   66,327   $247.42     ($2.67)
      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.            28   91,230   $228.30      $12.66
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  36   98,512   $204.72     ($0.34)
185A  Loin, bottom sirloin butt flap, bnls.   48  184,402   $277.48       $1.96
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              32   88,585   $252.00       $0.23
112   Rib, ribeye roll, 8-up lbs.             16  115,124   $246.73     ($3.32)
100% LEAN
      Inside round - Combo                    29  432,946   $260.65       $0.31
      Inside round - Boxed                    31   74,749   $279.02     ($1.57)
      Outside round                            8   19,752   $268.75     ($1.84)
      Eye of round                            11   14,195   $266.83       $0.36
      Flats and eyes - Combo                  33  413,773   $255.61     ($0.02)
      Flats and eyes - Boxed                            
      Striploin                               55  175,630   $305.81     ($0.32)
      S.P.B. - Combo                          45  663,397   $249.81       $0.13
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     42  116,116   $217.60     ($0.41)
167A  Round, knuckle, peeled                  37  247,574   $226.72       $1.69
190   Loin, tenderloin, 2-3 lbs.              14   16,651   $412.79       $1.54
190   Loin, tenderloin, 3-4 lbs.              35   50,912   $443.65     ($0.25)
190   Loin, tenderloin, 4-5 lbs.             109  145,130   $511.06    ($10.53)
190   Loin, tenderloin, 5-up lbs.             44   51,638   $522.27       $1.90
193   Flank, flank steak                      75   97,907   $271.41    ($13.89)
      Flank, rough                            53  108,861   $239.69       $3.60
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.              10   80,682   $257.34     ($3.62)
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                       6   18,188   $197.62    ($22.49)
--------------------------------------------------------------------------------
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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