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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 7/26/2013

LM_XB405
Des Moines, IA                 Fri, Jul 26, 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:               $159.92
Change from prior day:              ($0.17)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $199.96        $111.66       ($0.19)
100% lean inside round                      $268.65          $6.23         
100% lean, flats and eyes                   $258.34          $5.99         
100% lean, S.P.B.                           $253.42         $12.67         $0.01
Chuck Tender                                $207.80          $2.08         
Knuckle                   4-7 lbs.          $213.32          $5.40         $0.03
Tenderloin                2-3 lbs.          $385.74          $2.04       ($0.01)
Tenderloin                3-4 lbs.          $476.30          $3.52       ($0.01)
Ribeye Roll               4-6 lbs.          $237.03          $2.49         
Ribeye Roll               6-8 lbs.          $248.96          $1.84         
Ribeye Roll               8up lbs.          $243.35          $1.78         $0.01
Flank Steak                                 $248.23          $1.04       ($0.01)
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                 38.18  loads --            1,527,277  pounds
Cutter/Canner Cuts                  4.94  loads --              197,443  pounds
Boner/Breaker/Cutter/Canner        24.82  loads --              992,974  pounds
100% Lean Items                    39.94  loads --            1,597,428  pounds
Frozen Cuts                         6.93  loads --              277,386  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    9,860   $262.75       
112   Rib, ribeye roll, 8-10 lbs.             96  311,197   $275.55       $8.57
112   Rib, ribeye roll, 10-up lbs.            30   98,510   $285.25       $0.12
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      33   34,666   $393.59     ($0.33)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      21   68,970   $287.00     ($0.88)
      Chuck, boneless 85%
120   Chuck, brisket                          14   18,959   $201.38     ($3.11)
168   Round, top inside, 10-dn lbs.            3    3,516   $190.77       
168   Round, top inside, 10-up lbs.           25   80,350   $211.85       $9.99
169A  Round, top inside c-off, 8-10 lbs.       3   15,668   $261.26     ($0.25)
169A  Round, top inside c-off, 10-14 lbs.     27  227,282   $259.15     ($0.68)
169A  Round, top inside c-off, 14-up lbs.     10   38,518   $264.72       $0.11
171B  Round, outside round                    28  199,679   $209.77     ($5.18)
171C  Round, eye of round                     29   40,534   $250.26       $0.30
      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.            38  184,963   $210.61     ($2.50)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  41   51,724   $208.88       $2.73
185A  Loin, bottom sirloin butt flap, bnls.   46  137,881   $266.23     ($1.87)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              38   99,980   $248.43     ($0.92)
112   Rib, ribeye roll, 8-up lbs.             21   95,548   $243.35       $0.88
100% LEAN
      Inside round - Combo                    29  427,697   $267.03       $0.67
      Inside round - Boxed                    33   57,813   $280.66     ($1.18)
      Outside round                            4   16,555   $262.92       $1.22
      Eye of round                            15   20,651   $261.76     ($1.04)
      Flats and eyes - Combo                  28  332,078   $257.89       $0.44
      Flats and eyes - Boxed                            
      Striploin                               60  224,420   $306.45       $0.13
      S.P.B. - Combo                          33  518,214   $253.42       $0.17
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     42  183,850   $207.80     ($0.10)
167A  Round, knuckle, peeled                  50  300,668   $213.32       $1.15
190   Loin, tenderloin, 2-3 lbs.              17   22,315   $393.15     ($0.80)
190   Loin, tenderloin, 3-4 lbs.              37   42,275   $476.15     ($0.19)
190   Loin, tenderloin, 4-5 lbs.             165  192,928   $506.56     ($0.76)
190   Loin, tenderloin, 5-up lbs.             49   56,162   $510.68     ($1.23)
193   Flank, flank steak                     109  123,229   $269.69     ($1.93)
      Flank, rough                            46   71,547   $236.94     ($1.95)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   25,745   $277.63
112   Rib, ribeye roll, 8-10 lbs.              3   95,290   $222.08     ($5.64)
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   13,468   $296.88     ($0.08)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.               5   39,651   $250.27       $1.26
112   Rib, ribeye roll, 8-up lbs.                       
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.
190   Loin, tenderloin, 3-4 lbs.               3    4,500   $477.73
190   Loin, tenderloin, 4-5 lbs.               3    8,626   $483.53       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      18   78,971   $214.72     ($0.99)
--------------------------------------------------------------------------------
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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