Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 11/22/2013

Past Market Reports

Report Date: 11/22/2013

LM_XB405
Des Moines, IA                 Fri, Nov 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:               $154.82
Change from prior day:              ($0.69)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $190.45        $106.35       ($0.57)
100% lean inside round                      $274.02          $6.36         $0.01
100% lean, flats and eyes                   $266.84          $6.19         
100% lean, S.P.B.                           $261.48         $13.07       ($0.06)
Chuck Tender                                $219.25          $2.19         
Knuckle                   4-7 lbs.          $220.33          $5.57       ($0.03)
Tenderloin                2-3 lbs.          $402.62          $2.13       ($0.05)
Tenderloin                3-4 lbs.          $421.20          $3.12       ($0.01)
Ribeye Roll               4-6 lbs.          $231.00          $2.43         
Ribeye Roll               6-8 lbs.          $250.05          $1.85         
Ribeye Roll               8up lbs.          $261.10          $1.91         $0.01
Flank Steak                                 $245.16          $1.03         $0.01
Kidney, Edible                               $27.50          $0.13         
Fat, inedible                                $22.61          $0.52         
Bone                                          $8.19          $1.97         
--------------------------------------------------------------------------------
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                 24.08  loads --              963,305  pounds
Cutter/Canner Cuts                  3.03  loads --              121,193  pounds
Boner/Breaker/Cutter/Canner        36.46  loads --            1,458,219  pounds
100% Lean Items                    36.86  loads --            1,474,301  pounds
Frozen Cuts                         6.41  loads --              256,572  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    6,510   $283.18       $0.49
112   Rib, ribeye roll, 8-10 lbs.             52  154,263   $282.87       $0.24
112   Rib, ribeye roll, 10-up lbs.            62   78,034   $285.40     ($4.16)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   16,080   $407.90     ($0.01)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      17   18,615   $310.96       $0.53
      Chuck, boneless 85%
120   Chuck, brisket                          22   20,069   $209.11     ($3.89)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           23   94,669   $225.77     ($5.03)
169A  Round, top inside c-off, 8-10 lbs.       3   20,540   $234.85
169A  Round, top inside c-off, 10-14 lbs.     23  130,330   $265.59       $0.56
169A  Round, top inside c-off, 14-up lbs.      4   15,426   $268.49     ($0.15)
171B  Round, outside round                    15   72,918   $247.48     ($1.61)
171C  Round, eye of round                     44   57,617   $259.63     ($1.15)
      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.            19   60,945   $211.66       $0.54
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  33   58,992   $220.71       $3.70
185A  Loin, bottom sirloin butt flap, bnls.   69  137,057   $233.60       $1.48
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              36   44,592   $253.46       $2.17
112   Rib, ribeye roll, 8-up lbs.             20   75,363   $261.56       $2.13
100% LEAN
      Inside round - Combo                    19  219,162   $268.34       $0.14
      Inside round - Boxed                    50   67,827   $292.37       $0.13
      Outside round                            7   31,322   $264.82     ($6.69)
      Eye of round                            12   34,905   $276.56       $1.15
      Flats and eyes - Combo                  29  393,106   $266.14       $0.13
      Flats and eyes - Boxed                            
      Striploin                               52  194,288   $329.49       $0.15
      S.P.B. - Combo                          36  533,691   $261.48     ($1.12)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     57  255,466   $219.25     ($0.21)
167A  Round, knuckle, peeled                  62  581,275   $220.33     ($1.02)
190   Loin, tenderloin, 2-3 lbs.              14   33,683   $402.62     ($9.55)
190   Loin, tenderloin, 3-4 lbs.              46   99,480   $420.53     ($1.92)
190   Loin, tenderloin, 4-5 lbs.             174  270,764   $473.10     ($4.90)
190   Loin, tenderloin, 5-up lbs.             49   34,083   $514.13     ($1.76)
193   Flank, flank steak                      99  101,925   $259.52       $1.43
      Flank, rough                            61   81,543   $238.86     ($0.56)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6   48,990   $263.93       $0.45
112   Rib, ribeye roll, 8-10 lbs.              3   41,350   $264.82     ($0.39)
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.             5    8,528   $328.91       $0.42
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.               7   32,440   $245.36       
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.               4    5,158   $475.64       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      16   47,064   $214.08       $3.31
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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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