Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 1/6/2014

Past Market Reports

Report Date: 1/6/2014

LM_XB405
Des Moines, IA                 Mon, Jan 06, 2014                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:               $169.74
Change from prior day:              ($1.09)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $214.83        $119.96       ($1.27)
100% lean inside round                      $268.05          $6.22       ($0.03)
100% lean, flats and eyes                   $267.80          $6.21         $0.01
100% lean, S.P.B.                           $263.95         $13.20         $0.05
Chuck Tender                                $237.38          $2.37         
Knuckle                   4-7 lbs.          $246.59          $6.24         $0.14
Tenderloin                2-3 lbs.          $420.04          $2.23       ($0.02)
Tenderloin                3-4 lbs.          $442.77          $3.28         $0.01
Ribeye Roll               4-6 lbs.          $231.00          $2.43       ($0.04)
Ribeye Roll               6-8 lbs.          $247.56          $1.83       ($0.01)
Ribeye Roll               8up lbs.          $261.58          $1.91         $0.05
Flank Steak                                 $234.99          $0.99         $0.02
Kidney, Edible                               $27.67          $0.13         
Fat, inedible                                $22.61          $0.52         
Bone                                          $9.27          $2.22         
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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                 35.59  loads --            1,423,778  pounds
Cutter/Canner Cuts                  3.23  loads --              129,367  pounds
Boner/Breaker/Cutter/Canner        20.74  loads --              829,453  pounds
100% Lean Items                    24.53  loads --              981,127  pounds
Frozen Cuts                         3.59  loads --              143,455  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   16,449   $286.57     ($0.20)
112   Rib, ribeye roll, 8-10 lbs.             40   57,350   $292.12       $2.37
112   Rib, ribeye roll, 10-up lbs.            25   76,089   $283.77     ($2.27)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      20   52,364   $270.84     ($2.00)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      10   24,783   $281.48       $5.93
      Chuck, boneless 85%                      8  143,577   $182.47       $3.94
120   Chuck, brisket                          16   27,146   $208.19       $0.54
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           24  138,608   $222.84       $0.78
169A  Round, top inside c-off, 8-10 lbs.       9   66,121   $224.67
169A  Round, top inside c-off, 10-14 lbs.     40  300,156   $266.64       $0.03
169A  Round, top inside c-off, 14-up lbs.      7   85,890   $272.55     ($1.37)
171B  Round, outside round                    19  135,737   $250.81       $0.44
171C  Round, eye of round                     44   58,940   $268.60     ($0.51)
      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.            10   18,014   $227.75     ($1.72)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  23   81,426   $211.60     ($1.55)
185A  Loin, bottom sirloin butt flap, bnls.   45  135,867   $233.25     ($1.60)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              38   97,705   $250.29       $0.35
112   Rib, ribeye roll, 8-up lbs.             12   30,077   $261.58       $6.35
100% LEAN
      Inside round - Combo                    18  136,201   $264.60     ($1.44)
      Inside round - Boxed                    30   38,411   $280.31     ($0.15)
      Outside round                           21   98,018   $270.08       $0.02
      Eye of round                            15   49,692   $267.46     ($1.43)
      Flats and eyes - Combo                  28  245,611   $266.95       $0.83
      Flats and eyes - Boxed                            
      Striploin                               41  122,441   $323.43       $0.67
      S.P.B. - Combo                          20  290,753   $263.95       $1.02
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     40  152,086   $237.38       $0.37
167A  Round, knuckle, peeled                  41  213,678   $246.59       $5.53
190   Loin, tenderloin, 2-3 lbs.              14   19,528   $420.04     ($3.89)
190   Loin, tenderloin, 3-4 lbs.              30   37,243   $442.75       $1.64
190   Loin, tenderloin, 4-5 lbs.             149  238,009   $479.51     ($4.74)
190   Loin, tenderloin, 5-up lbs.             18   20,651   $466.26    ($14.15)
193   Flank, flank steak                      66   76,887   $240.45       $1.77
      Flank, rough                            47   71,371   $230.06     ($1.41)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   12,213   $280.83       $0.11
112   Rib, ribeye roll, 8-10 lbs.                       
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.               9   62,870   $243.33       $0.44
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                      18   49,559   $226.51       $9.46
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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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