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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 11/6/2013

LM_XB405
Des Moines, IA                 Wed, Nov 06, 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:               $155.81
Change from prior day:              ($1.08)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $191.05        $106.68       ($1.00)
100% lean inside round                      $278.89          $6.47       ($0.06)
100% lean, flats and eyes                   $266.87          $6.19         
100% lean, S.P.B.                           $262.57         $13.13         
Chuck Tender                                $226.22          $2.26         $0.01
Knuckle                   4-7 lbs.          $226.56          $5.73       ($0.02)
Tenderloin                2-3 lbs.          $424.00          $2.25         $0.04
Tenderloin                3-4 lbs.          $437.10          $3.23         $0.05
Ribeye Roll               4-6 lbs.          $238.80          $2.51       ($0.03)
Ribeye Roll               6-8 lbs.          $246.09          $1.82       ($0.03)
Ribeye Roll               8up lbs.          $274.74          $2.01       ($0.01)
Flank Steak                                 $245.49          $1.03       ($0.03)
Kidney, Edible                               $27.63          $0.13         
Fat, inedible                                $21.27          $0.49         
Bone                                          $7.82          $1.88         
--------------------------------------------------------------------------------
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                 24.71  loads --              988,392  pounds
Cutter/Canner Cuts                  5.54  loads --              221,634  pounds
Boner/Breaker/Cutter/Canner        25.59  loads --            1,023,491  pounds
100% Lean Items                    28.38  loads --            1,135,275  pounds
Frozen Cuts                         2.82  loads --              112,935  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              13   21,748   $264.98     ($2.48)
112   Rib, ribeye roll, 8-10 lbs.             42   98,642   $289.00     ($0.54)
112   Rib, ribeye roll, 10-up lbs.            48  109,285   $280.55       $0.04
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      28   32,528   $412.34    ($10.63)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      23   59,185   $335.90      $12.82
      Chuck, boneless 85%                      8  163,500   $164.87       
120   Chuck, brisket                          25   22,069   $210.65       $0.88
168   Round, top inside, 10-dn lbs.            5    3,744   $230.12     ($0.28)
168   Round, top inside, 10-up lbs.           14   34,810   $240.43       $1.61
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     24  139,654   $264.02     ($1.20)
169A  Round, top inside c-off, 14-up lbs.      6   21,496   $269.40       $0.27
171B  Round, outside round                     5   35,540   $243.95       $0.38
171C  Round, eye of round                     35   41,154   $263.21       $1.14
      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.             7   14,744   $240.35     ($0.78)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  34   54,919   $223.84     ($0.30)
185A  Loin, bottom sirloin butt flap, bnls.   41  129,003   $244.76     ($1.54)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              49  184,123   $246.43     ($3.48)
112   Rib, ribeye roll, 8-up lbs.             16   37,322   $274.74     ($1.87)
100% LEAN
      Inside round - Combo                    28  292,832   $276.95     ($3.17)
      Inside round - Boxed                    34   49,921   $290.30       $0.24
      Outside round                            8   47,880   $271.83       $0.46
      Eye of round                            13   28,812   $270.68       $0.76
      Flats and eyes - Combo                  27  220,690   $265.29     ($0.26)
      Flats and eyes - Boxed                            
      Striploin                               35  100,819   $330.77       $1.08
      S.P.B. - Combo                          31  394,321   $262.57       $0.05
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     59  193,007   $226.22       $1.22
167A  Round, knuckle, peeled                  57  344,862   $226.56     ($0.52)
190   Loin, tenderloin, 2-3 lbs.               6    5,512   $424.00       $6.69
190   Loin, tenderloin, 3-4 lbs.              32   34,052   $435.06       $7.61
190   Loin, tenderloin, 4-5 lbs.             156  203,034   $482.24     ($0.73)
190   Loin, tenderloin, 5-up lbs.             42   29,877   $490.41     ($1.35)
193   Flank, flank steak                     100  124,938   $257.27     ($2.23)
      Flank, rough                            53   88,209   $237.00       $1.37
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   11,972   $281.21     ($0.88)
112   Rib, ribeye roll, 8-10 lbs.              3   29,150   $269.44     ($2.18)
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.               4   17,090   $242.37     ($1.38)
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                      16   40,104   $208.77     ($5.41)
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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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