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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 10/28/2013

LM_XB405
Des Moines, IA                 Mon, Oct 28, 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:               $156.70
Change from prior day:              ($0.50)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $193.02        $107.78       ($0.63)
100% lean inside round                      $281.36          $6.53         $0.03
100% lean, flats and eyes                   $265.83          $6.17         
100% lean, S.P.B.                           $262.52         $13.13         $0.04
Chuck Tender                                $215.42          $2.15         
Knuckle                   4-7 lbs.          $226.31          $5.73         $0.01
Tenderloin                2-3 lbs.          $429.53          $2.28         $0.04
Tenderloin                3-4 lbs.          $439.65          $3.25         $0.01
Ribeye Roll               4-6 lbs.          $231.68          $2.43         
Ribeye Roll               6-8 lbs.          $247.39          $1.83       ($0.01)
Ribeye Roll               8up lbs.          $265.54          $1.94       ($0.01)
Flank Steak                                 $243.39          $1.02       ($0.02)
Kidney, Edible                               $28.40          $0.13         
Fat, inedible                                $19.93          $0.46       ($0.01)
Bone                                          $7.79          $1.87         $0.05
--------------------------------------------------------------------------------
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                 25.68  loads --            1,027,011  pounds
Cutter/Canner Cuts                  3.87  loads --              154,892  pounds
Boner/Breaker/Cutter/Canner        28.10  loads --            1,123,940  pounds
100% Lean Items                    29.10  loads --            1,163,908  pounds
Frozen Cuts                         9.05  loads --              361,809  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    4,420   $272.98       $3.33
112   Rib, ribeye roll, 8-10 lbs.             64  105,837   $282.86     ($0.16)
112   Rib, ribeye roll, 10-up lbs.            42   34,021   $299.74     ($0.96)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      17   12,320   $426.17     ($0.84)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      15   23,985   $323.12     ($7.32)
      Chuck, boneless 85%                      8  163,500   $164.68       $0.27
120   Chuck, brisket                          21   20,190   $224.97       $6.52
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           19   57,454   $229.80       $3.58
169A  Round, top inside c-off, 8-10 lbs.       6   51,030   $272.72       
169A  Round, top inside c-off, 10-14 lbs.     21  123,213   $263.92       $1.19
169A  Round, top inside c-off, 14-up lbs.      7   42,236   $269.24       $1.66
171B  Round, outside round                     8   44,449   $236.86     ($0.02)
171C  Round, eye of round                     36   42,516   $261.39       $1.73
      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.            28   74,552   $237.91     ($2.25)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  44   95,472   $211.07     ($0.91)
185A  Loin, bottom sirloin butt flap, bnls.   51  129,538   $253.06     ($0.66)
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.              42   74,308   $252.62       $1.22
112   Rib, ribeye roll, 8-up lbs.             25   79,808   $268.08     ($1.32)
100% LEAN
      Inside round - Combo                    25  185,569   $279.00       $0.94
      Inside round - Boxed                    36   52,492   $289.70     ($0.89)
      Outside round                            3   34,539   $271.55
      Eye of round                             6   11,478   $272.44       $3.33
      Flats and eyes - Combo                  27  274,119   $264.83     ($0.61)
      Flats and eyes - Boxed                            
      Striploin                               45  139,045   $337.93       $0.16
      S.P.B. - Combo                          28  466,666   $262.52       $0.80
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     51  197,854   $215.42       $0.61
167A  Round, knuckle, peeled                  57  329,693   $226.31       $0.08
190   Loin, tenderloin, 2-3 lbs.              14   19,185   $429.53       $6.66
190   Loin, tenderloin, 3-4 lbs.              40   47,999   $436.63       $1.41
190   Loin, tenderloin, 4-5 lbs.             136  230,408   $479.64     ($2.81)
190   Loin, tenderloin, 5-up lbs.             50   48,159   $496.34     ($1.10)
193   Flank, flank steak                      97  159,732   $252.34     ($6.58)
      Flank, rough                            62   90,910   $239.31       $0.06
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   66,406   $253.97     ($4.11)
112   Rib, ribeye roll, 8-10 lbs.              4   47,523   $249.51     ($3.08)
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.                      
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              15  142,173   $244.65       $1.32
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.               3   20,023   $463.98       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      14   42,584   $209.83     ($1.46)
--------------------------------------------------------------------------------
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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