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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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  5. 1/8/2014

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Report Date: 1/8/2014 

LM_XB405
Des Moines, IA                 Wed, Jan 08, 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:               $170.20
Change from prior day:              ($1.34)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $215.02        $120.07       ($1.35)
100% lean inside round                      $275.45          $6.39         $0.03
100% lean, flats and eyes                   $267.87          $6.21       ($0.03)
100% lean, S.P.B.                           $264.16         $13.21         
Chuck Tender                                $242.29          $2.42       ($0.01)
Knuckle                   4-7 lbs.          $248.41          $6.28         
Tenderloin                2-3 lbs.          $421.78          $2.24         $0.01
Tenderloin                3-4 lbs.          $443.92          $3.29       ($0.01)
Ribeye Roll               4-6 lbs.          $237.46          $2.49       ($0.01)
Ribeye Roll               6-8 lbs.          $247.60          $1.83         
Ribeye Roll               8up lbs.          $264.26          $1.93         $0.05
Flank Steak                                 $231.89          $0.97       ($0.02)
Kidney, Edible                               $27.67          $0.13         
Fat, inedible                                $22.61          $0.52         
Bone                                          $9.27          $2.22         
--------------------------------------------------------------------------------
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                 41.61  loads --            1,664,374  pounds
Cutter/Canner Cuts                  5.36  loads --              214,323  pounds
Boner/Breaker/Cutter/Canner        26.17  loads --            1,046,623  pounds
100% Lean Items                    29.44  loads --            1,177,704  pounds
Frozen Cuts                         8.14  loads --              325,615  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   23,139   $287.62       $1.52
112   Rib, ribeye roll, 8-10 lbs.             44   69,039   $291.03       $0.28
112   Rib, ribeye roll, 10-up lbs.            56  116,814   $281.80     ($3.26)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      29   47,690   $275.47       $1.72
112A  Rib, ribeye roll-lip-on, 8-up lbs.      18   51,934   $278.98     ($0.11)
      Chuck, boneless 85%                      9  147,577   $183.57       
120   Chuck, brisket                          17   17,121   $217.10       
168   Round, top inside, 10-dn lbs.            5   29,201   $285.76
168   Round, top inside, 10-up lbs.           29  153,524   $222.96       $0.55
169A  Round, top inside c-off, 8-10 lbs.       9   66,121   $224.67       
169A  Round, top inside c-off, 10-14 lbs.     51  426,332   $268.07       $0.38
169A  Round, top inside c-off, 14-up lbs.     11  110,790   $272.29     ($0.45)
171B  Round, outside round                    18  116,369   $252.80     ($0.26)
171C  Round, eye of round                     45   60,560   $270.44       $0.62
      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.            11   17,448   $229.42       $1.63
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  38   89,589   $222.37       $4.68
185A  Loin, bottom sirloin butt flap, bnls.   47  120,151   $236.08       $1.28
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4    3,002   $231.00
112   Rib, ribeye roll, 6-8 lbs.              44  147,540   $248.07       $0.21
112   Rib, ribeye roll, 8-up lbs.             16   63,781   $263.68       $7.56
100% LEAN
      Inside round - Combo                    17  181,229   $273.09       $2.11
      Inside round - Boxed                    37   52,844   $283.55       $0.09
      Outside round                           16   79,601   $267.76     ($6.10)
      Eye of round                            13   35,045   $269.29     ($0.16)
      Flats and eyes - Combo                  30  305,395   $267.74       $0.32
      Flats and eyes - Boxed                            
      Striploin                               65  144,111   $326.36     ($1.05)
      S.P.B. - Combo                          22  379,479   $264.16     ($0.14)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     46  158,549   $242.29     ($0.43)
167A  Round, knuckle, peeled                  40  222,781   $248.41       $0.08
190   Loin, tenderloin, 2-3 lbs.              22   21,737   $421.78       $0.70
190   Loin, tenderloin, 3-4 lbs.              41   56,643   $443.98     ($0.44)
190   Loin, tenderloin, 4-5 lbs.             172  307,277   $471.45     ($1.97)
190   Loin, tenderloin, 5-up lbs.             40   39,606   $501.01       $0.20
193   Flank, flank steak                     104  122,439   $245.64     ($1.05)
      Flank, rough                            71  117,591   $235.22     ($0.05)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6   37,860   $279.38       $6.35
112   Rib, ribeye roll, 8-10 lbs.              3   87,275   $261.75
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.              12   47,772   $246.13       $0.05
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                      25   94,739   $214.13     ($6.02)
--------------------------------------------------------------------------------
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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