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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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  5. 11/4/2013

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Report Date: 11/4/2013 

LM_XB405
Des Moines, IA                 Mon, Nov 04, 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:               $156.65
Change from prior day:                $0.96
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $192.71        $107.61         $0.92
100% lean inside round                      $281.08          $6.52         $0.02
100% lean, flats and eyes                   $266.91          $6.19         
100% lean, S.P.B.                           $262.51         $13.13       ($0.01)
Chuck Tender                                $222.96          $2.23         $0.01
Knuckle                   4-7 lbs.          $227.35          $5.75       ($0.03)
Tenderloin                2-3 lbs.          $414.96          $2.20       ($0.05)
Tenderloin                3-4 lbs.          $427.41          $3.16       ($0.02)
Ribeye Roll               4-6 lbs.          $241.99          $2.54         
Ribeye Roll               6-8 lbs.          $247.93          $1.83       ($0.01)
Ribeye Roll               8up lbs.          $266.52          $1.95         $0.07
Flank Steak                                 $247.20          $1.04         $0.02
Kidney, Edible                               $27.63          $0.13         
Fat, inedible                                $21.27          $0.49         $0.03
Bone                                          $7.82          $1.88         $0.01
--------------------------------------------------------------------------------
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                 34.83  loads --            1,393,231  pounds
Cutter/Canner Cuts                  4.74  loads --              189,789  pounds
Boner/Breaker/Cutter/Canner        25.39  loads --            1,015,763  pounds
100% Lean Items                    29.51  loads --            1,180,598  pounds
Frozen Cuts                         4.73  loads --              189,343  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11   22,158   $263.13       $0.11
112   Rib, ribeye roll, 8-10 lbs.             53  121,732   $287.47     ($2.91)
112   Rib, ribeye roll, 10-up lbs.            48  100,644   $278.60     ($1.52)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      25   20,520   $426.71       $0.05
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   22,885   $317.11       $2.96
      Chuck, boneless 85%                      7  157,500   $163.57
120   Chuck, brisket                          19   20,822   $216.00     ($9.82)
168   Round, top inside, 10-dn lbs.            4    4,097   $230.40
168   Round, top inside, 10-up lbs.           16   68,131   $233.41       $0.42
169A  Round, top inside c-off, 8-10 lbs.       5   23,806   $270.14       
169A  Round, top inside c-off, 10-14 lbs.     47  357,513   $265.74       $0.20
169A  Round, top inside c-off, 14-up lbs.     11   60,855   $268.18     ($1.30)
171B  Round, outside round                     9   45,240   $242.95     ($0.09)
171C  Round, eye of round                     33   43,290   $261.68     ($0.79)
      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.            16   44,347   $240.50     ($3.13)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  29   52,008   $226.45       $4.03
185A  Loin, bottom sirloin butt flap, bnls.   46  227,683   $240.01     ($1.06)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              50  151,716   $249.06     ($4.52)
112   Rib, ribeye roll, 8-up lbs.             19   37,884   $266.52       $8.78
100% LEAN
      Inside round - Combo                    23  209,523   $279.08       $1.07
      Inside round - Boxed                    28   41,335   $291.21     ($0.02)
      Outside round                            6   36,896   $270.78     ($1.72)
      Eye of round                            12   28,123   $270.16     ($0.02)
      Flats and eyes - Combo                  33  353,365   $266.25       $0.05
      Flats and eyes - Boxed                            
      Striploin                               43   88,257   $328.60     ($1.53)
      S.P.B. - Combo                          32  423,099   $262.51     ($0.35)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     62  197,001   $222.96       $0.59
167A  Round, knuckle, peeled                  48  254,392   $227.35     ($1.14)
190   Loin, tenderloin, 2-3 lbs.               7    4,558   $414.96     ($9.95)
190   Loin, tenderloin, 3-4 lbs.              27   35,931   $425.18     ($3.25)
190   Loin, tenderloin, 4-5 lbs.             174  231,980   $483.57      $10.50
190   Loin, tenderloin, 5-up lbs.             45   32,889   $488.38    ($16.28)
193   Flank, flank steak                     116  170,427   $259.70       $3.75
      Flank, rough                            49   88,585   $236.60     ($0.51)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4   47,935   $271.62     ($0.26)
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.               4   46,200   $242.00       
112   Rib, ribeye roll, 6-8 lbs.               6   30,880   $242.39     ($1.98)
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                      19   55,885   $209.07       $0.46
--------------------------------------------------------------------------------
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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