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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/19/2014

LM_XB405
Des Moines, IA                 Mon, May 19, 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:               $195.07
Change from prior day:                $0.24
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $244.51        $136.53         $0.39
100% lean inside round                      $336.76          $7.81       ($0.05)
100% lean, flats and eyes                   $319.72          $7.42         $0.02
100% lean, S.P.B.                           $315.88         $15.79         $0.04
Chuck Tender                                $263.22          $2.63         $0.01
Knuckle                   4-7 lbs.          $259.38          $6.56         $0.02
Tenderloin                2-3 lbs.          $409.00          $2.17       ($0.01)
Tenderloin                3-4 lbs.          $509.97          $3.77         $0.04
Ribeye Roll               4-6 lbs.          $287.80          $3.02         
Ribeye Roll               6-8 lbs.          $329.37          $2.44       ($0.06)
Ribeye Roll               8up lbs.          $346.75          $2.53         
Flank Steak                                 $290.27          $1.22       ($0.10)
Kidney, Edible                               $32.33          $0.15         
Fat, inedible                                $27.97          $0.65         
Bone                                          $9.93          $2.38       ($0.06)
--------------------------------------------------------------------------------
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                 26.56  loads --            1,062,439  pounds
Cutter/Canner Cuts                  3.27  loads --              130,952  pounds
Boner/Breaker/Cutter/Canner        20.49  loads --              819,705  pounds
100% Lean Items                    31.24  loads --            1,249,467  pounds
Frozen Cuts                         7.07  loads --              282,742  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   22,772   $378.27       $2.47
112   Rib, ribeye roll, 8-10 lbs.             56  170,926   $379.98       $2.99
112   Rib, ribeye roll, 10-up lbs.            65  102,239   $384.79       $1.87
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      27   28,823   $438.87     ($0.44)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      22   54,101   $386.97    ($12.39)
      Chuck, boneless 85%                     15  149,927   $220.22       $1.02
120   Chuck, brisket                          27   30,290   $263.30     ($2.21)
168   Round, top inside, 10-dn lbs.            3    7,030   $245.98
168   Round, top inside, 10-up lbs.           26   52,195   $269.75     ($0.19)
169A  Round, top inside c-off, 8-10 lbs.       4    8,820   $329.51       $1.36
169A  Round, top inside c-off, 10-14 lbs.     20  139,352   $325.92     ($0.26)
169A  Round, top inside c-off, 14-up lbs.      6   32,475   $334.44     ($0.96)
171B  Round, outside round                    10   47,319   $304.82       $0.67
171C  Round, eye of round                     40   66,880   $296.33     ($2.72)
      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.            16   31,362   $301.75     ($4.97)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  24   50,338   $252.52       $1.55
185A  Loin, bottom sirloin butt flap, bnls.   39   67,380   $312.47       $0.11
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              48   77,281   $330.91    ($10.73)
112   Rib, ribeye roll, 8-up lbs.             23   53,254   $351.88       $0.83
100% LEAN
      Inside round - Combo                    19  231,748   $332.15     ($1.68)
      Inside round - Boxed                    50  124,965   $345.31       $0.04
      Outside round                            5   31,248   $322.25       $0.91
      Eye of round                             8   10,431   $322.44       $0.47
      Flats and eyes - Combo                  37  321,928   $319.39       $0.84
      Flats and eyes - Boxed                            
      Striploin                               55  168,140   $359.98       $0.26
      S.P.B. - Combo                          26  361,007   $315.88       $0.92
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31  101,822   $263.22       $1.40
167A  Round, knuckle, peeled                  36  144,002   $259.38       $0.69
190   Loin, tenderloin, 2-3 lbs.              13   15,494   $409.00     ($1.46)
190   Loin, tenderloin, 3-4 lbs.              58  106,320   $510.15       $6.15
190   Loin, tenderloin, 4-5 lbs.             184  248,586   $559.09     ($1.33)
190   Loin, tenderloin, 5-up lbs.             41   40,466   $549.89     ($1.60)
193   Flank, flank steak                      71   61,475   $350.47     ($6.96)
      Flank, rough                            43  101,540   $291.58       $3.08
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   40,509   $353.88     ($0.60)
112   Rib, ribeye roll, 8-10 lbs.              5   65,435   $322.93       
112   Rib, ribeye roll, 10-up lbs.                      
112A  Rib, ribeye roll-lip-on, 8-dn lbs.       4   17,000   $392.61       
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.               5   13,175   $320.31       
112   Rib, ribeye roll, 8-up lbs.              5   71,750   $342.94       
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                      20   60,853   $229.45     ($6.46)
--------------------------------------------------------------------------------
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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