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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 8/29/2013

LM_XB405
Des Moines, IA                 Thu, Aug 29, 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:               $165.73
Change from prior day:                $0.43
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $208.40        $116.37         $0.40
100% lean inside round                      $274.89          $6.38       ($0.02)
100% lean, flats and eyes                   $263.61          $6.12         $0.02
100% lean, S.P.B.                           $258.26         $12.91         $0.01
Chuck Tender                                $226.91          $2.27         $0.01
Knuckle                   4-7 lbs.          $232.22          $5.88         $0.04
Tenderloin                2-3 lbs.          $412.89          $2.19         
Tenderloin                3-4 lbs.          $451.68          $3.34       ($0.01)
Ribeye Roll               4-6 lbs.          $248.00          $2.60         $0.01
Ribeye Roll               6-8 lbs.          $250.87          $1.86         
Ribeye Roll               8up lbs.          $250.18          $1.83       ($0.01)
Flank Steak                                 $266.59          $1.12       ($0.02)
Kidney, Edible                               $29.53          $0.14         
Fat, inedible                                $26.97          $0.63         
Bone                                          $8.71          $2.09         
--------------------------------------------------------------------------------
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                 35.94  loads --            1,437,537  pounds
Cutter/Canner Cuts                  4.59  loads --              183,691  pounds
Boner/Breaker/Cutter/Canner        24.55  loads --              981,945  pounds
100% Lean Items                    31.72  loads --            1,268,680  pounds
Frozen Cuts                         9.31  loads --              372,274  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   23,855   $277.28       $1.87
112   Rib, ribeye roll, 8-10 lbs.             83  167,184   $298.54       $5.99
112   Rib, ribeye roll, 10-up lbs.            29   70,340   $307.75       $1.71
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      22   18,900   $437.57       $1.93
112A  Rib, ribeye roll-lip-on, 8-up lbs.      15   21,936   $332.50      $37.79
      Chuck, boneless 85%                     10  206,500   $185.08       
120   Chuck, brisket                          21   22,896   $209.13       $0.22
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           30  118,411   $220.56     ($3.63)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     35  223,759   $263.60       $0.02
169A  Round, top inside c-off, 14-up lbs.      4   23,721   $269.07       $0.49
171B  Round, outside round                    17   68,591   $229.23       $2.39
171C  Round, eye of round                     31   57,010   $246.85     ($5.22)
      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.            43  168,864   $228.63     ($1.07)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  37   39,449   $234.98       $0.58
185A  Loin, bottom sirloin butt flap, bnls.   50  204,730   $244.00       $0.74
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              48  130,855   $256.15     ($1.44)
112   Rib, ribeye roll, 8-up lbs.             12   52,836   $254.07     ($4.75)
100% LEAN
      Inside round - Combo                    29  308,694   $272.31     ($0.50)
      Inside round - Boxed                    40   50,711   $290.60     ($1.04)
      Outside round                            4   22,689   $263.51       
      Eye of round                            10    8,238   $276.80     ($0.01)
      Flats and eyes - Combo                  25  308,860   $263.26       $0.67
      Flats and eyes - Boxed                            
      Striploin                               46  120,172   $323.45       $1.18
      S.P.B. - Combo                          32  449,316   $258.26       $0.18
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     42  141,537   $226.91       $0.55
167A  Round, knuckle, peeled                  51  330,134   $232.22       $1.52
190   Loin, tenderloin, 2-3 lbs.              19   12,183   $414.65     ($0.44)
190   Loin, tenderloin, 3-4 lbs.              36   49,827   $451.15     ($1.44)
190   Loin, tenderloin, 4-5 lbs.             176  218,904   $508.30    ($13.05)
190   Loin, tenderloin, 5-up lbs.             41   50,044   $504.26     ($5.28)
193   Flank, flank steak                     100  118,967   $284.97       $1.36
      Flank, rough                            54   60,349   $259.86       $1.53
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   10,285   $287.44     ($2.38)
112   Rib, ribeye roll, 8-10 lbs.              7   39,825   $262.73       $3.14
112   Rib, ribeye roll, 10-up lbs.             5   34,290   $278.77
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    3,120   $318.00
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              17  162,152   $246.61     ($0.01)
112   Rib, ribeye roll, 8-up lbs.              4   37,470   $244.70       
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.
190   Loin, tenderloin, 3-4 lbs.               3    1,980   $465.00       
190   Loin, tenderloin, 4-5 lbs.               6   14,706   $474.59     ($4.86)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      11   38,040   $209.12     ($8.20)
--------------------------------------------------------------------------------
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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