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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/13/2014

LM_XB405
Des Moines, IA                 Tue, May 13, 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:               $195.69
Change from prior day:                $0.22
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $246.05        $137.39         $0.23
100% lean inside round                      $331.92          $7.70         $0.03
100% lean, flats and eyes                   $318.61          $7.39         
100% lean, S.P.B.                           $312.68         $15.63         
Chuck Tender                                $259.46          $2.59       ($0.01)
Knuckle                   4-7 lbs.          $259.14          $6.56       ($0.01)
Tenderloin                2-3 lbs.          $428.73          $2.27       ($0.01)
Tenderloin                3-4 lbs.          $502.12          $3.72         $0.03
Ribeye Roll               4-6 lbs.          $291.00          $3.06         $0.04
Ribeye Roll               6-8 lbs.          $325.71          $2.41       ($0.03)
Ribeye Roll               8up lbs.          $342.79          $2.50         $0.01
Flank Steak                                 $292.14          $1.23       ($0.06)
Kidney, Edible                               $31.81          $0.15         
Fat, inedible                                $27.97          $0.65         
Bone                                         $10.18          $2.44         
--------------------------------------------------------------------------------
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                 28.91  loads --            1,156,490  pounds
Cutter/Canner Cuts                  3.54  loads --              141,687  pounds
Boner/Breaker/Cutter/Canner        21.46  loads --              858,543  pounds
100% Lean Items                    31.95  loads --            1,278,005  pounds
Frozen Cuts                         2.62  loads --              104,647  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              15   15,803   $373.33       $2.23
112   Rib, ribeye roll, 8-10 lbs.             64  171,133   $369.59       $3.49
112   Rib, ribeye roll, 10-up lbs.            69  110,288   $379.51       $2.59
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      22   21,041   $418.69       $2.21
112A  Rib, ribeye roll-lip-on, 8-up lbs.      10    8,833   $378.33       $0.41
      Chuck, boneless 85%                     12  141,164   $228.70     ($1.01)
120   Chuck, brisket                          28   23,006   $277.38     ($3.41)
168   Round, top inside, 10-dn lbs.            5    2,852   $253.69       $1.54
168   Round, top inside, 10-up lbs.           15   68,050   $257.77       $0.15
169A  Round, top inside c-off, 8-10 lbs.       5   33,060   $325.32       $0.32
169A  Round, top inside c-off, 10-14 lbs.     32  275,040   $326.49       $0.11
169A  Round, top inside c-off, 14-up lbs.      7   21,680   $331.99       $0.30
171B  Round, outside round                     9   51,560   $302.42     ($3.70)
171C  Round, eye of round                     28   43,401   $300.15       $2.86
      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.            14   20,535   $282.75       $0.88
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  30   79,481   $253.95     ($3.05)
185A  Loin, bottom sirloin butt flap, bnls.   29   69,563   $308.74       $0.38
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              51   70,221   $328.41       $0.26
112   Rib, ribeye roll, 8-up lbs.             34   70,023   $342.79       $2.25
100% LEAN
      Inside round - Combo                    14  129,665   $323.81       $0.14
      Inside round - Boxed                    57  122,375   $340.51       $0.65
      Outside round                            3   18,742   $319.63     ($0.02)
      Eye of round                            11   14,254   $324.93     ($0.18)
      Flats and eyes - Combo                  34  423,449   $318.36       $0.11
      Flats and eyes - Boxed                            
      Striploin                               50  131,176   $356.96     ($1.84)
      S.P.B. - Combo                          28  438,344   $312.68       $0.02
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     28   64,817   $259.46     ($0.45)
167A  Round, knuckle, peeled                  45  227,466   $259.14     ($0.59)
190   Loin, tenderloin, 2-3 lbs.              13   15,708   $428.73     ($1.26)
190   Loin, tenderloin, 3-4 lbs.              50  101,784   $502.08       $1.15
190   Loin, tenderloin, 4-5 lbs.             155  230,676   $549.21       $5.37
190   Loin, tenderloin, 5-up lbs.             43   53,624   $522.22       $9.56
193   Flank, flank steak                      75   61,926   $337.96     ($1.86)
      Flank, rough                            44  102,542   $277.05     ($1.40)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   11,096   $369.78       $6.53
112   Rib, ribeye roll, 8-10 lbs.              6   28,435   $339.83       $9.69
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.
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                      17   50,272   $235.69     ($7.90)
--------------------------------------------------------------------------------
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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