Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

1. Cattle.com
2. Market Reports
3. Iowa
4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 7/23/2013

Past Market Reports

Report Date: 7/23/2013

LM_XB405
Des Moines, IA                 Tue, Jul 23, 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:               $160.17
Change from prior day:              ($0.06)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $200.83        $112.14         $0.19
100% lean inside round                      $267.73          $6.21       ($0.01)
100% lean, flats and eyes                   $257.87          $5.98       ($0.02)
100% lean, S.P.B.                           $252.99         $12.65         $0.02
Chuck Tender                                $209.69          $2.10       ($0.08)
Knuckle                   4-7 lbs.          $212.92          $5.39       ($0.08)
Tenderloin                2-3 lbs.          $392.19          $2.08       ($0.07)
Tenderloin                3-4 lbs.          $464.36          $3.44         
Ribeye Roll               4-6 lbs.          $222.24          $2.33         $0.02
Ribeye Roll               6-8 lbs.          $245.94          $1.82         $0.01
Ribeye Roll               8up lbs.          $242.93          $1.77       ($0.02)
Flank Steak                                 $256.85          $1.08       ($0.02)
Kidney, Edible                               $26.33          $0.12         
Fat, inedible                                $29.31          $0.68         
Bone                                          $9.91          $2.38         
--------------------------------------------------------------------------------
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                 37.70  loads --            1,508,069  pounds
Cutter/Canner Cuts                  6.81  loads --              272,456  pounds
Boner/Breaker/Cutter/Canner        24.43  loads --              977,121  pounds
100% Lean Items                    43.16  loads --            1,726,593  pounds
Frozen Cuts                         5.63  loads --              225,207  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   42,050   $255.88     ($0.13)
112   Rib, ribeye roll, 8-10 lbs.             74  162,360   $268.90     ($1.06)
112   Rib, ribeye roll, 10-up lbs.            28   59,661   $290.64       $6.05
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      33   39,257   $393.28       $1.14
112A  Rib, ribeye roll-lip-on, 8-up lbs.      20   62,095   $277.81       $0.63
      Chuck, boneless 85%                      4   92,200   $211.65     ($0.09)
120   Chuck, brisket                          20   17,064   $214.19     ($2.13)
168   Round, top inside, 10-dn lbs.                     
168   Round, top inside, 10-up lbs.           27   67,081   $212.21       $2.06
169A  Round, top inside c-off, 8-10 lbs.       3   17,700   $262.64       $0.87
169A  Round, top inside c-off, 10-14 lbs.     28  186,812   $259.31     ($0.78)
169A  Round, top inside c-off, 14-up lbs.      4   38,343   $261.63       $1.92
171B  Round, outside round                    26  156,003   $215.20       $1.19
171C  Round, eye of round                     31   56,792   $252.59       $4.80
      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.            55  177,691   $220.40     ($5.16)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  43   86,273   $203.07       $0.12
185A  Loin, bottom sirloin butt flap, bnls.   54  243,817   $260.79     ($4.57)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               5    5,232   $233.80     ($2.20)
112   Rib, ribeye roll, 6-8 lbs.              41  137,595   $246.03       $0.33
112   Rib, ribeye roll, 8-up lbs.             30  129,629   $242.93     ($2.12)
100% LEAN
      Inside round - Combo                    31  462,457   $265.08       $0.42
      Inside round - Boxed                    30   68,613   $285.57     ($1.72)
      Outside round                            7   56,774   $261.37     ($0.44)
      Eye of round                            13   15,055   $264.82       $0.33
      Flats and eyes - Combo                  29  321,881   $256.92     ($0.16)
      Flats and eyes - Boxed                            
      Striploin                               61  195,564   $304.45       $2.60
      S.P.B. - Combo                          35  606,249   $252.99       $0.46
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     42  151,657   $209.69     ($8.58)
167A  Round, knuckle, peeled                  42  242,283   $212.92     ($3.15)
190   Loin, tenderloin, 2-3 lbs.              17   29,461   $399.06     ($7.42)
190   Loin, tenderloin, 3-4 lbs.              28   37,207   $466.82     ($1.50)
190   Loin, tenderloin, 4-5 lbs.             174  259,633   $507.73     ($6.48)
190   Loin, tenderloin, 5-up lbs.             51   66,045   $508.79     ($3.51)
193   Flank, flank steak                     115  111,341   $279.20     ($1.23)
      Flank, rough                            53   79,494   $235.66       $0.60
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.             3   14,248   $296.76
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.               8   33,047   $245.60       $5.98
112   Rib, ribeye roll, 8-up lbs.                       
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.
190   Loin, tenderloin, 3-4 lbs.               4   24,128   $460.58       
190   Loin, tenderloin, 4-5 lbs.               4    9,766   $484.63     ($3.09)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      19   66,977   $219.69       $4.84
--------------------------------------------------------------------------------
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
1530C

.