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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 3/19/2014

LM_XB405
Des Moines, IA                 Wed, Mar 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:               $201.68
Change from prior day:              ($1.67)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $262.03        $146.32       ($1.86)
100% lean inside round                      $305.86          $7.10       ($0.01)
100% lean, flats and eyes                   $291.99          $6.77         $0.01
100% lean, S.P.B.                           $287.82         $14.39         $0.01
Chuck Tender                                $288.71          $2.89       ($0.01)
Knuckle                   4-7 lbs.          $291.57          $7.38       ($0.01)
Tenderloin                2-3 lbs.          $432.53          $2.29         $0.20
Tenderloin                3-4 lbs.          $455.41          $3.37         
Ribeye Roll               4-6 lbs.          $246.00          $2.58         
Ribeye Roll               6-8 lbs.          $296.31          $2.19         
Ribeye Roll               8up lbs.          $286.73          $2.09       ($0.01)
Flank Steak                                 $291.84          $1.23         $0.01
Kidney, Edible                               $30.94          $0.14         
Fat, inedible                                $22.61          $0.52         
Bone                                         $10.07          $2.42         
--------------------------------------------------------------------------------
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                 29.25  loads --            1,170,065  pounds
Cutter/Canner Cuts                  5.54  loads --              221,629  pounds
Boner/Breaker/Cutter/Canner        24.63  loads --              985,114  pounds
100% Lean Items                    35.52  loads --            1,420,826  pounds
Frozen Cuts                         5.25  loads --              209,996  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9    7,778   $328.61       $1.16
112   Rib, ribeye roll, 8-10 lbs.             58  142,212   $321.48     ($1.51)
112   Rib, ribeye roll, 10-up lbs.            55   67,483   $326.76       $2.26
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23   25,579   $428.96       $3.00
112A  Rib, ribeye roll-lip-on, 8-up lbs.      16   41,542   $353.58       $0.80
      Chuck, boneless 85%                      8  167,500   $224.60     ($0.36)
120   Chuck, brisket                          32   20,211   $254.04       $0.76
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           21   75,820   $282.64       $2.60
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     21  118,853   $310.30       $7.40
169A  Round, top inside c-off, 14-up lbs.     13  110,675   $325.85       $5.66
171B  Round, outside round                    18  139,910   $284.27     ($0.17)
171C  Round, eye of round                     39   67,559   $300.44       $0.36
      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.            15   15,296   $267.55       $2.83
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  26   61,013   $267.76       $1.01
185A  Loin, bottom sirloin butt flap, bnls.   34   99,639   $304.21       $0.65
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              56  166,275   $299.32       $0.74
112   Rib, ribeye roll, 8-up lbs.             31   55,134   $301.36       $1.26
100% LEAN
      Inside round - Combo                    22  169,968   $297.25     ($0.91)
      Inside round - Boxed                    54  118,024   $318.26     ($3.40)
      Outside round                            4   23,944   $298.69       
      Eye of round                            11   18,860   $288.56     ($2.28)
      Flats and eyes - Combo                  38  369,726   $291.73       $0.69
      Flats and eyes - Boxed                            
      Striploin                               75  249,570   $353.73       $1.45
      S.P.B. - Combo                          37  470,734   $287.82       $0.31
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     46  189,166   $288.71     ($0.79)
167A  Round, knuckle, peeled                  43  246,285   $291.57     ($0.63)
190   Loin, tenderloin, 2-3 lbs.               4    2,767   $432.53       $0.18
190   Loin, tenderloin, 3-4 lbs.              53   78,600   $456.16     ($0.39)
190   Loin, tenderloin, 4-5 lbs.             118  212,818   $498.41       $1.07
190   Loin, tenderloin, 5-up lbs.             42   52,657   $491.87    ($17.62)
193   Flank, flank steak                      81  102,403   $311.30       $6.14
      Flank, rough                            42  100,418   $265.65     ($3.83)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   23,360   $328.00       $2.47
112   Rib, ribeye roll, 8-10 lbs.              4   29,643   $297.51       
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.             3    4,160   $343.00       $3.04
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.               8   24,670   $275.98     ($8.91)
112   Rib, ribeye roll, 8-up lbs.              4   72,660   $275.63     ($3.08)
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.                        
190   Loin, tenderloin, 3-4 lbs.
190   Loin, tenderloin, 4-5 lbs.               3    6,150   $488.22
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                      14   34,713   $234.40    ($29.66)
--------------------------------------------------------------------------------
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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