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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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  5. 2/19/2014

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Report Date: 2/19/2014 

LM_XB405
Des Moines, IA                 Wed, Feb 19, 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:               $187.42
Change from prior day:                $2.60
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $243.10        $135.75         $2.25
100% lean inside round                      $285.19          $6.62         $0.03
100% lean, flats and eyes                   $275.74          $6.40         $0.00
100% lean, S.P.B.                           $269.79         $13.49         $0.02
Chuck Tender                                $275.23          $2.75         $0.00
Knuckle                   4-7 lbs.          $262.86          $6.65         $0.03
Tenderloin                2-3 lbs.          $418.88          $2.22         $0.15
Tenderloin                3-4 lbs.          $443.78          $3.28         $0.02
Ribeye Roll               4-6 lbs.          $245.00          $2.57         $0.01
Ribeye Roll               6-8 lbs.          $266.20          $1.97         $0.01
Ribeye Roll               8up lbs.          $271.99          $1.99         $0.06
Flank Steak                                 $253.84          $1.07         $0.02
Kidney, Edible                               $29.56          $0.14         $0.00
Fat, inedible                                $22.61          $0.52         $0.00
Bone                                          $8.32          $2.00         $0.00
--------------------------------------------------------------------------------
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                 28.90  loads --            1,155,850  pounds
Cutter/Canner Cuts                  4.39  loads --              175,433  pounds
Boner/Breaker/Cutter/Canner        22.31  loads --              892,498  pounds
100% Lean Items                    28.40  loads --            1,135,976  pounds
Frozen Cuts                         6.79  loads --              271,510  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   16,817   $298.37     ($2.28)
112   Rib, ribeye roll, 8-10 lbs.             62  113,779   $302.84       $2.56
112   Rib, ribeye roll, 10-up lbs.            55   41,615   $308.09       $4.67
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      27   26,524   $322.53       $1.25
112A  Rib, ribeye roll-lip-on, 8-up lbs.      22   60,197   $314.76       $1.94
      Chuck, boneless 85%                      9  181,500   $206.82       $6.46
120   Chuck, brisket                          23   12,202   $225.28       $1.64
168   Round, top inside, 10-dn lbs.            4   11,100   $256.00       $0.00
168   Round, top inside, 10-up lbs.           25   71,073   $248.16       $3.13
169A  Round, top inside c-off, 8-10 lbs.       3   12,208   $279.36
169A  Round, top inside c-off, 10-14 lbs.     27  184,912   $278.53       $0.33
169A  Round, top inside c-off, 14-up lbs.     12   61,346   $285.14     ($0.61)
171B  Round, outside round                    18  102,424   $266.17     ($0.70)
171C  Round, eye of round                     34   42,776   $284.86     ($0.55)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.   0        0     $0.00
      Loin, Semi-Bnls Short Loin, 13-up lbs.
180   Loin, strip, bnls, 7-9 lbs.              0        0     $0.00
180   Loin, strip, bnls, 9-up lbs.            17   26,910   $250.32       $1.15
182   Loin, sirloin butt                       0        0     $0.00
184   Loin, top sirloin butt                  33   81,318   $245.69       $1.30
185A  Loin, bottom sirloin butt flap, bnls.   43  103,754   $270.99       $2.18
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               0        0     $0.00
112   Rib, ribeye roll, 6-8 lbs.              45  124,217   $267.23       $0.51
112   Rib, ribeye roll, 8-up lbs.             31   51,216   $272.16       $6.84
100% LEAN
      Inside round - Combo                    17  133,001   $283.27       $0.43
      Inside round - Boxed                    37   66,472   $289.03       $2.34
      Outside round                            8   31,826   $275.84       $0.22
      Eye of round                             9   17,282   $275.68     ($5.36)
      Flats and eyes - Combo                  31  351,533   $275.73     ($0.14)
      Flats and eyes - Boxed                   0        0     $0.00
      Striploin                               58  153,870   $332.25     ($0.73)
      S.P.B. - Combo                          32  381,992   $269.79       $0.40
      S.P.B. - Boxed                           0        0     $0.00
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     50  134,728   $275.23     ($0.09)
167A  Round, knuckle, peeled                  58  286,992   $262.86       $1.01
190   Loin, tenderloin, 2-3 lbs.              15   12,613   $418.88     ($8.91)
190   Loin, tenderloin, 3-4 lbs.              41   38,168   $443.78       $2.94
190   Loin, tenderloin, 4-5 lbs.             149  179,252   $466.30       $1.22
190   Loin, tenderloin, 5-up lbs.             45   43,716   $467.70       $0.08
193   Flank, flank steak                      92  124,634   $253.32       $3.97
      Flank, rough                            47   72,395   $245.28       $1.65
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   26,791   $283.64     ($0.09)
112   Rib, ribeye roll, 8-10 lbs.              5  105,825   $269.99       $9.02
112   Rib, ribeye roll, 10-up lbs.             0        0     $0.00
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.       0        0     $0.00
169A  Round, top inside c-off, 10-14 lbs.      0        0     $0.00
169A  Round, top inside c-off, 14-up lbs.      0        0     $0.00
180   Loin, strip, bnls, 7-9 lbs.              0        0     $0.00
180   Loin, strip, bnls, 9-up lbs.             3    3,640   $326.57
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.               5   21,951   $260.35       $2.01
112   Rib, ribeye roll, 8-up lbs.
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.               0        0     $0.00
190   Loin, tenderloin, 3-4 lbs.               0        0     $0.00
190   Loin, tenderloin, 4-5 lbs.               4   83,300   $450.77       $0.00
190   Loin, tenderloin, 5-up lbs.              3   12,350   $428.00       $0.00
193   Flank, flank steak                       5    7,870   $261.96       $1.11
--------------------------------------------------------------------------------
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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