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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/8/2014

LM_XB405
Des Moines, IA                 Thu, May 08, 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:               $194.67
Change from prior day:                $0.98
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $244.99        $136.80         $0.96
100% lean inside round                      $327.35          $7.59       ($0.05)
100% lean, flats and eyes                   $317.06          $7.36         $0.01
100% lean, S.P.B.                           $311.58         $15.58         $0.07
Chuck Tender                                $256.89          $2.57         $0.04
Knuckle                   4-7 lbs.          $253.01          $6.40       ($0.03)
Tenderloin                2-3 lbs.          $412.19          $2.18       ($0.01)
Tenderloin                3-4 lbs.          $500.35          $3.70       ($0.01)
Ribeye Roll               4-6 lbs.          $287.72          $3.02       ($0.01)
Ribeye Roll               6-8 lbs.          $330.22          $2.44         
Ribeye Roll               8up lbs.          $338.08          $2.47         $0.03
Flank Steak                                 $298.77          $1.25       ($0.02)
Kidney, Edible                               $31.82          $0.15         
Fat, inedible                                $27.97          $0.65         
Bone                                         $10.46          $2.51         
--------------------------------------------------------------------------------
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                 28.65  loads --            1,145,995  pounds
Cutter/Canner Cuts                  5.72  loads --              228,801  pounds
Boner/Breaker/Cutter/Canner        22.71  loads --              908,455  pounds
100% Lean Items                    30.66  loads --            1,226,315  pounds
Frozen Cuts                         3.56  loads --              142,446  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   12,189   $372.87     ($1.88)
112   Rib, ribeye roll, 8-10 lbs.             44   85,834   $361.76       $0.24
112   Rib, ribeye roll, 10-up lbs.            58   82,645   $376.16       $1.62
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      27   29,023   $413.71     ($1.38)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      11   31,501   $378.26       $2.51
      Chuck, boneless 85%                     14  195,297   $223.30       $5.79
120   Chuck, brisket                          34   30,021   $282.19       $0.17
168   Round, top inside, 10-dn lbs.            6    7,457   $252.53       $0.28
168   Round, top inside, 10-up lbs.           18   62,320   $249.23    ($12.48)
169A  Round, top inside c-off, 8-10 lbs.       6   40,200   $324.65     ($0.27)
169A  Round, top inside c-off, 10-14 lbs.     32  274,323   $326.53     ($0.06)
169A  Round, top inside c-off, 14-up lbs.      9   74,065   $333.96     ($0.68)
171B  Round, outside round                     9   49,290   $310.13       $2.90
171C  Round, eye of round                     30   50,634   $299.19       $3.66
      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   11,680   $280.35       $6.70
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  25   63,590   $261.77     ($8.45)
185A  Loin, bottom sirloin butt flap, bnls.   23   45,926   $320.46      $14.52
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3      723   $291.00       
112   Rib, ribeye roll, 6-8 lbs.              50   83,319   $331.09       $0.40
112   Rib, ribeye roll, 8-up lbs.             44  144,759   $338.75       $4.03
100% LEAN
      Inside round - Combo                    14  145,751   $322.07       
      Inside round - Boxed                    37   43,796   $344.93     ($0.46)
      Outside round                            4   14,148   $316.35       $0.56
      Eye of round                            11   19,966   $323.86       $4.10
      Flats and eyes - Combo                  36  374,306   $316.72     ($0.05)
      Flats and eyes - Boxed                            
      Striploin                               55  185,144   $359.90     ($1.17)
      S.P.B. - Combo                          32  443,204   $311.58       $1.42
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     24   85,097   $256.89       $3.91
167A  Round, knuckle, peeled                  45  224,002   $253.01     ($1.32)
190   Loin, tenderloin, 2-3 lbs.              11    8,812   $417.45     ($2.00)
190   Loin, tenderloin, 3-4 lbs.              51   79,645   $503.55     ($2.90)
190   Loin, tenderloin, 4-5 lbs.             179  293,112   $530.19       $1.88
190   Loin, tenderloin, 5-up lbs.             36   55,926   $508.44    ($39.18)
193   Flank, flank steak                      77   77,331   $341.60     ($1.94)
      Flank, rough                            44   84,530   $280.42       $2.27
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6   14,965   $362.15      $40.17
112   Rib, ribeye roll, 8-10 lbs.              6   25,192   $328.83       $3.28
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    1,300   $360.60       
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.               6   12,625   $324.46     ($2.44)
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                      19   50,427   $233.10     ($2.47)
--------------------------------------------------------------------------------
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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