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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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  5. 4/10/2014

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Report Date: 4/10/2014 

LM_XB405
Des Moines, IA                 Thu, Apr 10, 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:               $199.83
Change from prior day:                $1.83
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $256.36        $143.15         $1.86
100% lean inside round                      $313.73          $7.28         
100% lean, flats and eyes                   $305.92          $7.10         $0.01
100% lean, S.P.B.                           $300.55         $15.03         $0.05
Chuck Tender                                $264.69          $2.65       ($0.02)
Knuckle                   4-7 lbs.          $273.05          $6.91       ($0.05)
Tenderloin                2-3 lbs.          $416.47          $2.21         $0.01
Tenderloin                3-4 lbs.          $468.30          $3.47       ($0.04)
Ribeye Roll               4-6 lbs.          $269.00          $2.82         
Ribeye Roll               6-8 lbs.          $312.08          $2.31         $0.03
Ribeye Roll               8up lbs.          $308.28          $2.25         
Flank Steak                                 $302.32          $1.27       ($0.02)
Kidney, Edible                               $31.75          $0.15         
Fat, inedible                                $22.61          $0.52         
Bone                                         $11.30          $2.71         
--------------------------------------------------------------------------------
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                 33.74  loads --            1,349,550  pounds
Cutter/Canner Cuts                  7.10  loads --              284,132  pounds
Boner/Breaker/Cutter/Canner        23.21  loads --              928,522  pounds
100% Lean Items                    34.42  loads --            1,376,608  pounds
Frozen Cuts                         9.20  loads --              368,018  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              14   10,423   $363.91     ($0.36)
112   Rib, ribeye roll, 8-10 lbs.             41   77,873   $343.05       $5.67
112   Rib, ribeye roll, 10-up lbs.            62   79,838   $342.37       $1.42
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      15    7,743   $411.78     ($7.95)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      16   27,418   $336.23    ($41.60)
      Chuck, boneless 85%                     17  230,067   $226.72     ($0.94)
120   Chuck, brisket                          29   41,604   $265.87     ($0.52)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           17   49,765   $272.22     ($3.76)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     37  255,715   $319.00       $1.09
169A  Round, top inside c-off, 14-up lbs.      8   54,279   $324.74       $0.10
171B  Round, outside round                    13  180,092   $296.13       $3.54
171C  Round, eye of round                     37   75,946   $298.01     ($3.56)
      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.            18   39,648   $273.41       $0.56
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  32   70,673   $268.93     ($1.76)
185A  Loin, bottom sirloin butt flap, bnls.   39  133,750   $300.28       $2.59
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              60  163,382   $315.31       $2.06
112   Rib, ribeye roll, 8-up lbs.             36  120,750   $308.28       $0.40
100% LEAN
      Inside round - Combo                    25  238,906   $307.41       $0.61
      Inside round - Boxed                    46   85,933   $331.30     ($3.79)
      Outside round                            4   32,108   $311.28       $0.11
      Eye of round                             5   12,627   $293.58
      Flats and eyes - Combo                  36  393,799   $305.88       $0.75
      Flats and eyes - Boxed                            
      Striploin                               57  158,810   $360.24     ($0.17)
      S.P.B. - Combo                          36  454,425   $300.55       $1.02
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31   83,846   $264.69     ($2.58)
167A  Round, knuckle, peeled                  57  297,863   $273.05     ($2.23)
190   Loin, tenderloin, 2-3 lbs.              22   29,070   $420.10       $0.70
190   Loin, tenderloin, 3-4 lbs.              47  107,274   $468.30     ($6.60)
190   Loin, tenderloin, 4-5 lbs.             138  215,301   $476.64     ($3.72)
190   Loin, tenderloin, 5-up lbs.             36   29,207   $527.46       $3.27
193   Flank, flank steak                      77   94,593   $321.31     ($1.36)
      Flank, rough                            47   71,368   $285.46     ($0.68)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   11,461   $369.40      $18.03
112   Rib, ribeye roll, 8-10 lbs.             14  181,653   $309.39       $1.48
112   Rib, ribeye roll, 10-up lbs.             3   30,171   $309.52       
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   20,445   $286.26     ($3.93)
112   Rib, ribeye roll, 8-up lbs.                       
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.               4   13,190   $408.49       
190   Loin, tenderloin, 3-4 lbs.                        
190   Loin, tenderloin, 4-5 lbs.               7   20,348   $461.89
190   Loin, tenderloin, 5-up lbs.              3   33,380   $466.98       
193   Flank, flank steak                      15   43,250   $260.79     ($4.32)
--------------------------------------------------------------------------------
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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