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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 7/8/2013

LM_XB405
Des Moines, IA                 Mon, Jul 08, 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:               $159.33
Change from prior day:                $0.07
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $199.60        $111.46         
100% lean inside round                      $269.62          $6.26         $0.01
100% lean, flats and eyes                   $257.48          $5.97       ($0.01)
100% lean, S.P.B.                           $251.75         $12.59         
Chuck Tender                                $204.82          $2.05         
Knuckle                   4-7 lbs.          $211.76          $5.36         $0.06
Tenderloin                2-3 lbs.          $410.16          $2.17         $0.02
Tenderloin                3-4 lbs.          $445.52          $3.30       ($0.06)
Ribeye Roll               4-6 lbs.          $241.70          $2.54         
Ribeye Roll               6-8 lbs.          $257.41          $1.90         $0.01
Ribeye Roll               8up lbs.          $238.35          $1.74       ($0.01)
Flank Steak                                 $247.65          $1.04         $0.01
Kidney, Edible                               $28.91          $0.13         
Fat, inedible                                $29.31          $0.68         
Bone                                          $8.92          $2.14         $0.04
--------------------------------------------------------------------------------
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                 34.91  loads --            1,396,241  pounds
Cutter/Canner Cuts                  5.50  loads --              219,873  pounds
Boner/Breaker/Cutter/Canner        24.42  loads --              976,923  pounds
100% Lean Items                    32.81  loads --            1,312,411  pounds
Frozen Cuts                         2.75  loads --              109,818  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   16,436   $268.20     ($5.09)
112   Rib, ribeye roll, 8-10 lbs.             99  250,266   $278.21       $0.16
112   Rib, ribeye roll, 10-up lbs.            26   54,708   $277.88     ($2.49)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      52   50,955   $382.65       $0.88
112A  Rib, ribeye roll-lip-on, 8-up lbs.      15   21,209   $328.50       $6.13
      Chuck, boneless 85%                      3   67,956   $198.59       $3.96
120   Chuck, brisket                          30   21,770   $222.84     ($1.53)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           15   56,985   $221.06      $11.78
169A  Round, top inside c-off, 8-10 lbs.       3   23,100   $261.01       $0.29
169A  Round, top inside c-off, 10-14 lbs.     25  210,448   $261.77     ($0.24)
169A  Round, top inside c-off, 14-up lbs.      5   13,583   $261.22       $2.73
171B  Round, outside round                    17   75,201   $221.26       $3.26
171C  Round, eye of round                     38   64,301   $249.04       $2.00
      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.            60  250,803   $220.88     ($5.80)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  23   47,904   $214.69     ($1.83)
185A  Loin, bottom sirloin butt flap, bnls.   50  165,006   $308.94      $22.84
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              29   45,305   $258.78       $0.27
112   Rib, ribeye roll, 8-up lbs.             19  171,658   $238.35     ($1.34)
100% LEAN
      Inside round - Combo                    26  419,131   $268.12       $0.65
      Inside round - Boxed                    29   43,938   $283.95     ($0.11)
      Outside round                            5   23,781   $261.44       $0.78
      Eye of round                             8    7,758   $264.10     ($0.14)
      Flats and eyes - Combo                  18  245,222   $256.89     ($0.35)
      Flats and eyes - Boxed                            
      Striploin                               49  200,988   $304.48     ($0.20)
      S.P.B. - Combo                          22  371,593   $251.75       $0.01
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     34  120,419   $204.82     ($0.32)
167A  Round, knuckle, peeled                  34  320,722   $211.76       $2.36
190   Loin, tenderloin, 2-3 lbs.              12   16,460   $410.16       $3.86
190   Loin, tenderloin, 3-4 lbs.              34   37,559   $445.20     ($9.10)
190   Loin, tenderloin, 4-5 lbs.             167  243,611   $528.86       $2.88
190   Loin, tenderloin, 5-up lbs.             38   51,503   $493.14    ($12.20)
193   Flank, flank steak                     102   99,870   $253.34     ($2.10)
      Flank, rough                            48   86,779   $236.69       $2.64
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4   56,470   $230.85       
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    5,876   $261.27    ($13.30)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.               4    5,960   $247.03       $2.91
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.               4    8,109   $471.13       $4.33
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      10   23,151   $223.08      $17.80
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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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