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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 10/22/2013

LM_XB405
Des Moines, IA                 Tue, Oct 22, 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:               $156.25
Change from prior day:              ($1.01)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $192.63        $107.56       ($1.04)
100% lean inside round                      $279.95          $6.49       ($0.05)
100% lean, flats and eyes                   $267.13          $6.20         
100% lean, S.P.B.                           $261.43         $13.07         $0.04
Chuck Tender                                $214.41          $2.14       ($0.01)
Knuckle                   4-7 lbs.          $227.03          $5.74       ($0.02)
Tenderloin                2-3 lbs.          $416.28          $2.21       ($0.01)
Tenderloin                3-4 lbs.          $433.74          $3.21         $0.02
Ribeye Roll               4-6 lbs.          $231.62          $2.43         
Ribeye Roll               6-8 lbs.          $249.64          $1.85         $0.01
Ribeye Roll               8up lbs.          $260.73          $1.90         $0.04
Flank Steak                                 $246.22          $1.03         $0.01
Kidney, Edible                               $27.33          $0.13         
Fat, inedible                                $20.27          $0.47         
Bone                                          $7.58          $1.82         
--------------------------------------------------------------------------------
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                 29.28  loads --            1,171,306  pounds
Cutter/Canner Cuts                  3.29  loads --              131,789  pounds
Boner/Breaker/Cutter/Canner        28.00  loads --            1,120,145  pounds
100% Lean Items                    38.44  loads --            1,537,467  pounds
Frozen Cuts                         5.60  loads --              224,150  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   16,094   $259.16     ($3.55)
112   Rib, ribeye roll, 8-10 lbs.             61  148,416   $285.64     ($2.49)
112   Rib, ribeye roll, 10-up lbs.            41   29,121   $299.22       $0.31
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      13   11,491   $430.51     ($7.61)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      18   17,409   $348.84     ($5.15)
      Chuck, boneless 85%                      8  161,500   $165.46     ($0.83)
120   Chuck, brisket                          13   11,973   $205.84       $1.78
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           22   93,714   $218.45       $0.39
169A  Round, top inside c-off, 8-10 lbs.       3   24,000   $276.00
169A  Round, top inside c-off, 10-14 lbs.     23  140,597   $262.43       $1.21
169A  Round, top inside c-off, 14-up lbs.      6   25,097   $269.44       $0.92
171B  Round, outside round                    13   82,310   $230.86       $0.32
171C  Round, eye of round                     31  147,607   $264.88     ($0.47)
      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.            47  135,678   $227.15       $8.22
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  33   61,902   $218.67       $1.67
185A  Loin, bottom sirloin butt flap, bnls.   40   59,773   $260.57       $2.77
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              38   52,930   $251.40       $0.75
112   Rib, ribeye roll, 8-up lbs.             13   77,847   $258.20     ($0.15)
100% LEAN
      Inside round - Combo                    38  394,006   $278.30     ($1.21)
      Inside round - Boxed                    36   53,547   $292.08     ($3.10)
      Outside round                            5   19,066   $272.75       $0.62
      Eye of round                             9   17,818   $269.40     ($4.65)
      Flats and eyes - Combo                  31  345,943   $266.70       $0.26
      Flats and eyes - Boxed                            
      Striploin                               43  137,046   $331.32       $6.60
      S.P.B. - Combo                          35  570,041   $261.43       $0.83
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     51  160,003   $214.41     ($0.80)
167A  Round, knuckle, peeled                  55  336,424   $227.03     ($0.61)
190   Loin, tenderloin, 2-3 lbs.               9    7,391   $416.28     ($3.01)
190   Loin, tenderloin, 3-4 lbs.              34   48,490   $436.08       $3.84
190   Loin, tenderloin, 4-5 lbs.             192  302,960   $483.98       $0.43
190   Loin, tenderloin, 5-up lbs.             47   33,119   $483.28       $0.15
193   Flank, flank steak                      94  130,916   $265.07     ($3.85)
      Flank, rough                            64  100,842   $237.60       $0.19
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   49,387   $252.43    ($53.22)
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.      3    1,187   $260.00       
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.               5    7,700   $237.57     ($0.28)
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   16,995   $427.07       
190   Loin, tenderloin, 4-5 lbs.
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      16   58,278   $203.86     ($2.20)
--------------------------------------------------------------------------------
Source:    USDA Market News Service, Des Moines, IA
           515-284-4460      email:  desm.lpgmn@usda.gov
           24 Hour recorded market information 515-284-4830
           http://www.ams.usda.gov/LSMarketNews
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