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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 4/30/2014

LM_XB405
Des Moines, IA                 Wed, Apr 30, 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:               $194.91
Change from prior day:                $1.21
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $245.85        $137.28         $0.94
100% lean inside round                      $325.48          $7.55         $0.05
100% lean, flats and eyes                   $312.43          $7.25         $0.02
100% lean, S.P.B.                           $308.02         $15.40         $0.06
Chuck Tender                                $256.37          $2.56         $0.01
Knuckle                   4-7 lbs.          $267.41          $6.77         $0.07
Tenderloin                2-3 lbs.          $419.27          $2.22         $0.04
Tenderloin                3-4 lbs.          $490.93          $3.63         $0.01
Ribeye Roll               4-6 lbs.          $287.09          $3.01         
Ribeye Roll               6-8 lbs.          $309.56          $2.29         
Ribeye Roll               8up lbs.          $329.86          $2.41         $0.03
Flank Steak                                 $303.52          $1.27       ($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                 33.19  loads --            1,327,727  pounds
Cutter/Canner Cuts                  3.92  loads --              156,865  pounds
Boner/Breaker/Cutter/Canner        17.27  loads --              690,607  pounds
100% Lean Items                    30.53  loads --            1,221,101  pounds
Frozen Cuts                         2.92  loads --              116,757  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              13   26,227   $364.54       $2.92
112   Rib, ribeye roll, 8-10 lbs.             35  119,340   $367.86     ($3.69)
112   Rib, ribeye roll, 10-up lbs.            62   74,763   $369.33       $0.23
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      30   38,055   $388.75       $7.71
112A  Rib, ribeye roll-lip-on, 8-up lbs.      15   42,900   $366.95     ($6.48)
      Chuck, boneless 85%                     19  394,685   $221.49     ($0.52)
120   Chuck, brisket                          29   22,125   $285.50     ($0.58)
168   Round, top inside, 10-dn lbs.           10   13,169   $254.39     ($4.31)
168   Round, top inside, 10-up lbs.           21   64,011   $273.15     ($2.83)
169A  Round, top inside c-off, 8-10 lbs.       6   17,960   $325.30       $0.67
169A  Round, top inside c-off, 10-14 lbs.     22  123,046   $322.81       $0.29
169A  Round, top inside c-off, 14-up lbs.      8   45,473   $330.76       $0.62
171B  Round, outside round                     9   62,693   $305.52     ($2.13)
171C  Round, eye of round                     33   63,315   $303.93       $0.78
      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.             8   24,209   $281.02       $0.14
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  24   44,997   $269.78     ($1.76)
185A  Loin, bottom sirloin butt flap, bnls.   45  149,384   $306.50       $1.04
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3    8,472   $287.09       $0.76
112   Rib, ribeye roll, 6-8 lbs.              40   90,787   $321.44       $0.46
112   Rib, ribeye roll, 8-up lbs.             37   57,606   $329.86       $4.17
100% LEAN
      Inside round - Combo                    17  221,432   $321.39       $3.68
      Inside round - Boxed                    37  101,638   $334.39       $1.93
      Outside round                            4   23,062   $317.51
      Eye of round                            12   29,532   $306.34     ($3.24)
      Flats and eyes - Combo                  30  298,983   $312.64       $0.83
      Flats and eyes - Boxed                            
      Striploin                               46  109,416   $358.04     ($1.46)
      S.P.B. - Combo                          32  437,038   $308.02       $1.16
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     29   65,845   $256.37       $1.64
167A  Round, knuckle, peeled                  40  182,479   $267.41       $2.60
190   Loin, tenderloin, 2-3 lbs.               9   13,204   $419.27       $3.74
190   Loin, tenderloin, 3-4 lbs.              43   66,160   $490.67       $1.81
190   Loin, tenderloin, 4-5 lbs.             116  141,487   $511.71       $3.77
190   Loin, tenderloin, 5-up lbs.             32   19,469   $538.47     ($5.08)
193   Flank, flank steak                      72   84,450   $324.24       $2.66
      Flank, rough                            55  117,513   $291.71     ($0.09)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              3   11,726   $329.76       $4.13
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.              11   52,850   $289.16       $5.45
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    5,770   $473.78      $39.49
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      11   27,535   $239.97     ($7.09)
--------------------------------------------------------------------------------
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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