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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 6/28/2013

LM_XB405
Des Moines, IA                 Fri, Jun 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:               $157.82
Change from prior day:              ($0.23)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $197.63        $110.36       ($0.27)
100% lean inside round                      $269.13          $6.24       ($0.02)
100% lean, flats and eyes                   $258.15          $5.99         $0.01
100% lean, S.P.B.                           $251.77         $12.59       ($0.01)
Chuck Tender                                $207.32          $2.07       ($0.01)
Knuckle                   4-7 lbs.          $213.92          $5.41         $0.01
Tenderloin                2-3 lbs.          $401.21          $2.13         $0.04
Tenderloin                3-4 lbs.          $449.97          $3.33         $0.01
Ribeye Roll               4-6 lbs.          $215.18          $2.26       ($0.01)
Ribeye Roll               6-8 lbs.          $242.00          $1.79       ($0.01)
Ribeye Roll               8up lbs.          $243.80          $1.78         $0.01
Flank Steak                                 $246.16          $1.03         $0.02
Kidney, Edible                               $28.92          $0.13         
Fat, inedible                                $29.31          $0.68         
Bone                                          $8.47          $2.03         
--------------------------------------------------------------------------------
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                 43.85  loads --            1,754,135  pounds
Cutter/Canner Cuts                  4.78  loads --              191,293  pounds
Boner/Breaker/Cutter/Canner        26.02  loads --            1,040,663  pounds
100% Lean Items                    47.35  loads --            1,894,092  pounds
Frozen Cuts                        11.10  loads --              443,930  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10   17,577   $265.40       $0.28
112   Rib, ribeye roll, 8-10 lbs.             76  221,805   $273.36       $1.40
112   Rib, ribeye roll, 10-up lbs.            57  126,700   $280.02     ($0.84)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      47   85,832   $373.85       $1.00
112A  Rib, ribeye roll-lip-on, 8-up lbs.      20   28,281   $328.72    ($10.90)
      Chuck, boneless 85%
120   Chuck, brisket                          23   21,168   $215.71       $0.75
168   Round, top inside, 10-dn lbs.            5   22,035   $217.80     ($3.87)
168   Round, top inside, 10-up lbs.           23   85,810   $219.54       $0.33
169A  Round, top inside c-off, 8-10 lbs.       3   11,536   $262.61       
169A  Round, top inside c-off, 10-14 lbs.     48  428,824   $258.28       $0.15
169A  Round, top inside c-off, 14-up lbs.      5   43,757   $259.29     ($1.41)
171B  Round, outside round                    21  113,225   $213.49     ($1.33)
171C  Round, eye of round                     40   51,989   $249.45       $3.08
      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.            45  162,019   $215.19     ($1.06)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  42  114,500   $208.66     ($2.44)
185A  Loin, bottom sirloin butt flap, bnls.   55  169,248   $287.01     ($3.32)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              35   53,965   $252.90       $1.42
112   Rib, ribeye roll, 8-up lbs.             27  136,859   $243.80       $0.85
100% LEAN
      Inside round - Combo                    34  401,872   $266.87     ($0.17)
      Inside round - Boxed                    43   69,134   $282.25     ($0.22)
      Outside round                            3   15,736   $261.03     ($0.64)
      Eye of round                            14   27,325   $262.78     ($1.64)
      Flats and eyes - Combo                  38  394,176   $257.72       $0.33
      Flats and eyes - Boxed                            
      Striploin                               56  221,940   $300.77       $0.03
      S.P.B. - Combo                          41  763,909   $251.77     ($0.14)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     36   98,084   $207.32     ($0.22)
167A  Round, knuckle, peeled                  48  303,099   $213.92       $0.67
190   Loin, tenderloin, 2-3 lbs.              13   21,719   $395.58       $1.71
190   Loin, tenderloin, 3-4 lbs.              50   50,113   $449.94       $1.02
190   Loin, tenderloin, 4-5 lbs.             147  280,030   $492.73       $0.55
190   Loin, tenderloin, 5-up lbs.             44   67,586   $502.94     ($0.42)
193   Flank, flank steak                     104  139,966   $264.58       $7.14
      Flank, rough                            53   80,066   $237.07       $1.28
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   72,794   $226.53     ($0.96)
112   Rib, ribeye roll, 8-10 lbs.              9  128,115   $243.55       $0.04
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.               9  124,875   $237.29     ($0.83)
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                      18   51,809   $196.41       $6.25
--------------------------------------------------------------------------------
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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