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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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  5. 2/24/2014

Past Market Reports

Report Date: 2/24/2014 

LM_XB405
Des Moines, IA                 Mon, Feb 24, 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:               $189.18
Change from prior day:              ($2.26)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $245.38        $137.02       ($2.58)
100% lean inside round                      $286.35          $6.64         $0.01
100% lean, flats and eyes                   $275.88          $6.40         $0.03
100% lean, S.P.B.                           $272.93         $13.65         $0.17
Chuck Tender                                $286.02          $2.86         $0.07
Knuckle                   4-7 lbs.          $265.33          $6.71         
Tenderloin                2-3 lbs.          $414.83          $2.20       ($0.02)
Tenderloin                3-4 lbs.          $449.66          $3.33       ($0.01)
Ribeye Roll               4-6 lbs.          $244.12          $2.56         
Ribeye Roll               6-8 lbs.          $273.17          $2.02         $0.04
Ribeye Roll               8up lbs.          $278.08          $2.03         $0.02
Flank Steak                                 $248.59          $1.04       ($0.05)
Kidney, Edible                               $30.14          $0.14         
Fat, inedible                                $22.61          $0.52         
Bone                                          $8.59          $2.06         $0.06
--------------------------------------------------------------------------------
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                 25.03  loads --            1,001,118  pounds
Cutter/Canner Cuts                  3.87  loads --              154,979  pounds
Boner/Breaker/Cutter/Canner        19.21  loads --              768,516  pounds
100% Lean Items                    24.02  loads --              960,825  pounds
Frozen Cuts                         6.61  loads --              264,551  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    6,690   $305.27    ($17.47)
112   Rib, ribeye roll, 8-10 lbs.             51   80,327   $313.21       $5.80
112   Rib, ribeye roll, 10-up lbs.            66   80,386   $309.24       $4.05
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      28   29,135   $322.80     ($0.09)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      17   34,428   $315.41     ($1.89)
      Chuck, boneless 85%                      3   44,000   $258.18
120   Chuck, brisket                          30   32,030   $223.41       $0.16
168   Round, top inside, 10-dn lbs.            4    7,415   $256.00       
168   Round, top inside, 10-up lbs.           26  106,704   $242.40     ($1.25)
169A  Round, top inside c-off, 8-10 lbs.       3   14,608   $280.23       
169A  Round, top inside c-off, 10-14 lbs.     33  211,789   $280.03       $0.21
169A  Round, top inside c-off, 14-up lbs.     12   59,175   $285.75       $0.55
171B  Round, outside round                    17   89,055   $267.27       $0.93
171C  Round, eye of round                     33   50,263   $286.30     ($0.24)
      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.            17   26,718   $253.82     ($1.05)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  27   72,516   $250.64       $0.85
185A  Loin, bottom sirloin butt flap, bnls.   31   50,734   $293.43      $15.17
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              40   88,994   $273.37       $5.78
112   Rib, ribeye roll, 8-up lbs.             29   65,325   $278.30       $3.29
100% LEAN
      Inside round - Combo                    14   92,487   $279.65       $1.31
      Inside round - Boxed                    45  115,780   $291.71       $1.38
      Outside round                           11   52,118   $275.05     ($3.94)
      Eye of round                            12   19,224   $281.36       $3.37
      Flats and eyes - Combo                  27  210,424   $275.58       $1.81
      Flats and eyes - Boxed                            
      Striploin                               59  171,872   $336.47     ($0.22)
      S.P.B. - Combo                          33  298,920   $272.93       $3.33
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     38  114,879   $286.02       $6.76
167A  Round, knuckle, peeled                  57  269,616   $265.33       $0.05
190   Loin, tenderloin, 2-3 lbs.              11   10,078   $414.43     ($3.47)
190   Loin, tenderloin, 3-4 lbs.              42   37,860   $447.67     ($0.65)
190   Loin, tenderloin, 4-5 lbs.             131  147,639   $474.92       $2.27
190   Loin, tenderloin, 5-up lbs.             44   29,311   $491.15      $13.22
193   Flank, flank steak                      84  100,886   $261.05       $2.12
      Flank, rough                            42   58,247   $247.56     ($0.06)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11   85,468   $281.95       $0.75
112   Rib, ribeye roll, 8-10 lbs.              5   57,212   $284.90       $0.69
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.              10   60,948   $272.89       $5.62
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                      11   34,498   $212.15    ($49.95)
--------------------------------------------------------------------------------
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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