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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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  5. 10/24/2013

Past Market Reports

Report Date: 10/24/2013 

LM_XB405
Des Moines, IA                 Thu, Oct 24, 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:               $156.61
Change from prior day:                $1.29
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $193.02        $107.78         $1.14
100% lean inside round                      $282.20          $6.55         $0.05
100% lean, flats and eyes                   $266.00          $6.17       ($0.02)
100% lean, S.P.B.                           $262.24         $13.11         $0.03
Chuck Tender                                $214.69          $2.15         $0.01
Knuckle                   4-7 lbs.          $227.14          $5.75         
Tenderloin                2-3 lbs.          $421.51          $2.23         $0.02
Tenderloin                3-4 lbs.          $438.38          $3.24         $0.03
Ribeye Roll               4-6 lbs.          $231.68          $2.43         
Ribeye Roll               6-8 lbs.          $248.56          $1.84         $0.01
Ribeye Roll               8up lbs.          $264.28          $1.93         $0.01
Flank Steak                                 $241.54          $1.01         $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                 28.03  loads --            1,121,163  pounds
Cutter/Canner Cuts                  3.46  loads --              138,494  pounds
Boner/Breaker/Cutter/Canner        25.01  loads --            1,000,446  pounds
100% Lean Items                    34.41  loads --            1,376,496  pounds
Frozen Cuts                         6.08  loads --              243,153  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    4,873   $269.86     ($0.21)
112   Rib, ribeye roll, 8-10 lbs.             62  126,628   $287.34       $2.35
112   Rib, ribeye roll, 10-up lbs.            42   32,571   $295.85     ($2.38)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      17   15,490   $428.26     ($0.70)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      16   21,043   $340.67     ($1.95)
      Chuck, boneless 85%                      8  161,500   $165.46       
120   Chuck, brisket                          13   13,614   $216.23       $1.94
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           22   77,849   $220.58       $0.79
169A  Round, top inside c-off, 8-10 lbs.       7   59,030   $273.30     ($0.11)
169A  Round, top inside c-off, 10-14 lbs.     25  157,420   $262.78       $0.07
169A  Round, top inside c-off, 14-up lbs.      6   27,705   $268.35       
171B  Round, outside round                     8   48,738   $237.54       $5.51
171C  Round, eye of round                     42   54,111   $260.36     ($4.67)
      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.            44  122,818   $236.53       $2.43
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  38   96,376   $213.69     ($2.97)
185A  Loin, bottom sirloin butt flap, bnls.   48  100,322   $257.04     ($0.03)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4      776   $231.00
112   Rib, ribeye roll, 6-8 lbs.              41   80,646   $251.21       $0.91
112   Rib, ribeye roll, 8-up lbs.             18   57,072   $262.52       $2.18
100% LEAN
      Inside round - Combo                    34  291,592   $280.74       $2.46
      Inside round - Boxed                    35   51,155   $290.56     ($1.06)
      Outside round                            4   14,297   $273.09       $0.13
      Eye of round                            10   19,177   $269.13     ($0.02)
      Flats and eyes - Combo                  29  286,447   $265.44     ($0.94)
      Flats and eyes - Boxed                            
      Striploin                               42  131,495   $337.20       $2.76
      S.P.B. - Combo                          34  582,333   $262.24       $0.65
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     53  186,960   $214.69       $0.26
167A  Round, knuckle, peeled                  51  287,049   $227.14     ($0.31)
190   Loin, tenderloin, 2-3 lbs.              13   12,693   $421.51       $4.15
190   Loin, tenderloin, 3-4 lbs.              35   50,852   $435.47     ($0.72)
190   Loin, tenderloin, 4-5 lbs.             168  238,566   $481.36     ($1.48)
190   Loin, tenderloin, 5-up lbs.             50   39,621   $493.21     ($3.38)
193   Flank, flank steak                      82   96,207   $259.59     ($0.50)
      Flank, rough                            57   88,498   $240.57     ($0.44)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   62,026   $253.16       $1.45
112   Rib, ribeye roll, 8-10 lbs.              5   49,600   $252.59       $0.10
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.               7   41,685   $243.43     ($0.17)
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.
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      17   57,502   $211.34       $9.10
--------------------------------------------------------------------------------
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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