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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 6/12/2013

LM_XB405
Des Moines, IA                 Wed, Jun 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:               $156.56
Change from prior day:              ($1.34)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $195.26        $109.03       ($1.30)
100% lean inside round                      $265.65          $6.16         $0.01
100% lean, flats and eyes                   $258.02          $5.99         $0.01
100% lean, S.P.B.                           $250.71         $12.54       ($0.01)
Chuck Tender                                $213.99          $2.14       ($0.01)
Knuckle                   4-7 lbs.          $220.67          $5.58       ($0.07)
Tenderloin                2-3 lbs.          $391.10          $2.07         $0.02
Tenderloin                3-4 lbs.          $445.73          $3.30         $0.01
Ribeye Roll               4-6 lbs.          $243.00          $2.55         
Ribeye Roll               6-8 lbs.          $248.74          $1.84         
Ribeye Roll               8up lbs.          $243.66          $1.78       ($0.01)
Flank Steak                                 $233.90          $0.98         $0.01
Kidney, Edible                               $28.35          $0.13         
Fat, inedible                                $26.63          $0.62         
Bone                                          $7.72          $1.85         
--------------------------------------------------------------------------------
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                 36.53  loads --            1,461,167  pounds
Cutter/Canner Cuts                  7.22  loads --              288,619  pounds
Boner/Breaker/Cutter/Canner        28.10  loads --            1,124,145  pounds
100% Lean Items                    46.73  loads --            1,869,377  pounds
Frozen Cuts                         4.33  loads --              173,189  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10   56,422   $258.33     ($0.91)
112   Rib, ribeye roll, 8-10 lbs.             79  187,631   $273.25       $4.71
112   Rib, ribeye roll, 10-up lbs.            55   63,517   $277.04     ($2.47)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      40   68,043   $370.67     ($5.98)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      21   37,476   $314.49      $28.89
      Chuck, boneless 85%
120   Chuck, brisket                          28   31,585   $204.95       $4.81
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           27  100,304   $222.04       $7.68
169A  Round, top inside c-off, 8-10 lbs.       3   11,536   $260.87       
169A  Round, top inside c-off, 10-14 lbs.     28  299,204   $258.28     ($1.05)
169A  Round, top inside c-off, 14-up lbs.     12   82,918   $258.97     ($1.61)
171B  Round, outside round                    18  104,435   $215.98       $1.85
171C  Round, eye of round                     29   32,767   $241.63       $2.52
      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.            41  124,572   $238.80       $0.32
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  33   63,753   $213.70       $2.74
185A  Loin, bottom sirloin butt flap, bnls.   44  167,899   $311.47     ($0.66)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              42  102,876   $248.94       $0.13
112   Rib, ribeye roll, 8-up lbs.             25  183,522   $243.66     ($2.22)
100% LEAN
      Inside round - Combo                    31  485,750   $261.56     ($0.92)
      Inside round - Boxed                    49  115,108   $282.91       $1.15
      Outside round                           10   65,873   $262.18       $0.14
      Eye of round                            15   18,870   $262.87     ($0.08)
      Flats and eyes - Combo                  34  429,581   $257.17       $0.30
      Flats and eyes - Boxed                            
      Striploin                               48  161,758   $303.19     ($1.26)
      S.P.B. - Combo                          37  592,437   $250.71     ($0.24)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     43  120,006   $213.99     ($1.17)
167A  Round, knuckle, peeled                  49  322,874   $220.67     ($2.53)
190   Loin, tenderloin, 2-3 lbs.              22   34,186   $390.58       $5.23
190   Loin, tenderloin, 3-4 lbs.              59   89,769   $445.74       $1.36
190   Loin, tenderloin, 4-5 lbs.             140  211,926   $532.07       $3.01
190   Loin, tenderloin, 5-up lbs.             51  100,789   $508.66       $1.02
193   Flank, flank steak                      99  105,251   $251.82       $5.24
      Flank, rough                            64  139,344   $234.85     ($3.34)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   43,745   $250.43     ($0.18)
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.             3    9,620   $293.95     ($0.75)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.               6   29,777   $248.05     ($1.49)
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                      16   65,638   $205.18     ($0.94)
--------------------------------------------------------------------------------
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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