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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 4/29/2014

LM_XB405
Des Moines, IA                 Tue, Apr 29, 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:               $193.70
Change from prior day:              ($1.49)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $244.17        $136.34       ($1.65)
100% lean inside round                      $323.42          $7.50       ($0.01)
100% lean, flats and eyes                   $311.77          $7.23       ($0.03)
100% lean, S.P.B.                           $306.86         $15.34       ($0.01)
Chuck Tender                                $254.73          $2.55         $0.02
Knuckle                   4-7 lbs.          $264.81          $6.70         $0.02
Tenderloin                2-3 lbs.          $411.59          $2.18         $0.07
Tenderloin                3-4 lbs.          $489.17          $3.62         $0.04
Ribeye Roll               4-6 lbs.          $286.43          $3.01         $0.10
Ribeye Roll               6-8 lbs.          $308.79          $2.29       ($0.10)
Ribeye Roll               8up lbs.          $325.69          $2.38         $0.04
Flank Steak                                 $307.58          $1.29         $0.02
Kidney, Edible                               $32.40          $0.15         
Fat, inedible                                $27.30          $0.63         
Bone                                         $10.36          $2.49         
--------------------------------------------------------------------------------
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                 31.62  loads --            1,264,928  pounds
Cutter/Canner Cuts                  4.61  loads --              184,387  pounds
Boner/Breaker/Cutter/Canner        19.15  loads --              765,962  pounds
100% Lean Items                    28.55  loads --            1,142,141  pounds
Frozen Cuts                         3.58  loads --              143,061  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              15   24,807   $361.62     ($2.47)
112   Rib, ribeye roll, 8-10 lbs.             25   69,813   $371.55      $10.90
112   Rib, ribeye roll, 10-up lbs.            57   79,964   $369.10       $4.49
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      33   44,538   $381.04       $5.34
112A  Rib, ribeye roll-lip-on, 8-up lbs.      13   34,299   $373.43       $2.87
      Chuck, boneless 85%                     19  408,910   $222.01     ($4.34)
120   Chuck, brisket                          24   16,839   $286.08       $3.18
168   Round, top inside, 10-dn lbs.           13   16,405   $258.70     ($1.06)
168   Round, top inside, 10-up lbs.           19   54,541   $275.98     ($0.06)
169A  Round, top inside c-off, 8-10 lbs.       4   12,360   $324.63       $0.80
169A  Round, top inside c-off, 10-14 lbs.     19  126,673   $322.52     ($0.26)
169A  Round, top inside c-off, 14-up lbs.      8   42,123   $330.14     ($0.69)
171B  Round, outside round                     8   57,853   $307.65       $7.81
171C  Round, eye of round                     34   60,236   $303.15       $1.67
      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.             7   21,296   $280.88       $2.36
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  27   44,167   $271.54     ($3.83)
185A  Loin, bottom sirloin butt flap, bnls.   47  148,599   $305.46       $3.44
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3    9,324   $286.33
112   Rib, ribeye roll, 6-8 lbs.              37   91,405   $320.98       $0.12
112   Rib, ribeye roll, 8-up lbs.             40   83,658   $325.69       $5.68
100% LEAN
      Inside round - Combo                    14  170,432   $317.71     ($0.72)
      Inside round - Boxed                    39  107,668   $332.46       $0.16
      Outside round
      Eye of round                            10   24,918   $309.58     ($4.44)
      Flats and eyes - Combo                  29  293,445   $311.81     ($1.05)
      Flats and eyes - Boxed                            
      Striploin                               50  128,652   $359.50       $1.08
      S.P.B. - Combo                          28  402,752   $306.86     ($0.11)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33   84,256   $254.73       $1.45
167A  Round, knuckle, peeled                  46  212,527   $264.81       $0.79
190   Loin, tenderloin, 2-3 lbs.               9   11,846   $415.53       $0.09
190   Loin, tenderloin, 3-4 lbs.              44   61,750   $488.86       $5.99
190   Loin, tenderloin, 4-5 lbs.             128  166,358   $507.94    ($12.99)
190   Loin, tenderloin, 5-up lbs.             28   29,581   $543.55     ($3.90)
193   Flank, flank steak                      73   87,489   $321.58     ($0.80)
      Flank, rough                            54  112,155   $291.80       $0.44
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4   41,426   $325.63       $0.22
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   44,450   $283.71    ($43.27)
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.               3    2,270   $434.29       
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                       9   20,235   $247.06       $5.18
--------------------------------------------------------------------------------
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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