Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 6/2/2014

Past Market Reports

Report Date: 6/2/2014

LM_XB405
Des Moines, IA                 Mon, Jun 02, 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:               $196.36
Change from prior day:                $0.46
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Item                                          Price          Value        Change
90% lean                                    $244.42        $136.48         $0.35
100% lean inside round                      $337.93          $7.84       ($0.02)
100% lean, flats and eyes                   $324.79          $7.54         $0.02
100% lean, S.P.B.                           $319.49         $15.97         $0.02
Chuck Tender                                $263.93          $2.64         
Knuckle                   4-7 lbs.          $266.10          $6.73       ($0.01)
Tenderloin                2-3 lbs.          $468.28          $2.48         $0.06
Tenderloin                3-4 lbs.          $559.12          $4.14         $0.03
Ribeye Roll               4-6 lbs.          $285.67          $3.00         
Ribeye Roll               6-8 lbs.          $341.02          $2.52         
Ribeye Roll               8up lbs.          $349.39          $2.55         $0.01
Flank Steak                                 $312.96          $1.31       ($0.01)
Kidney, Edible                               $31.72          $0.15         
Fat, inedible                                $27.97          $0.65         
Bone                                          $9.84          $2.36         $0.01
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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                 31.74  loads --            1,269,515  pounds
Cutter/Canner Cuts                  7.79  loads --              311,628  pounds
Boner/Breaker/Cutter/Canner        22.70  loads --              907,900  pounds
100% Lean Items                    43.99  loads --            1,759,664  pounds
Frozen Cuts                         4.34  loads --              173,791  pounds
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IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
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BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              14   15,773   $397.65       $0.50
112   Rib, ribeye roll, 8-10 lbs.             54  150,849   $402.70       $0.65
112   Rib, ribeye roll, 10-up lbs.            63   80,960   $395.81       $0.98
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23   17,635   $484.76       $7.94
112A  Rib, ribeye roll-lip-on, 8-up lbs.      17   30,922   $392.55       $0.36
      Chuck, boneless 85%                     21  216,892   $224.67     ($3.28)
120   Chuck, brisket                          25   24,908   $263.75       $0.21
168   Round, top inside, 10-dn lbs.            3    8,073   $233.42       
168   Round, top inside, 10-up lbs.           23  104,231   $254.27     ($1.86)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     14  125,632   $324.63       $0.02
169A  Round, top inside c-off, 14-up lbs.      9   92,647   $337.75       $1.00
171B  Round, outside round                    12   95,098   $318.18     ($0.19)
171C  Round, eye of round                     40   65,015   $303.23       $0.43
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              4    5,085   $284.65
180   Loin, strip, bnls, 9-up lbs.            14   24,166   $309.62       $0.78
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  22   89,923   $256.69       $2.42
185A  Loin, bottom sirloin butt flap, bnls.   34  115,856   $300.73       $0.80
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4   15,339   $285.67       
112   Rib, ribeye roll, 6-8 lbs.              48  185,865   $341.98       $1.05
112   Rib, ribeye roll, 8-up lbs.             44  110,424   $351.32       $0.93
100% LEAN
      Inside round - Combo                    24  273,158   $334.14     ($0.91)
      Inside round - Boxed                    47   95,207   $348.78     ($1.72)
      Outside round                            4   29,457   $318.62       $4.99
      Eye of round                             5   14,230   $327.93     ($2.67)
      Flats and eyes - Combo                  49  568,270   $325.03       $0.81
      Flats and eyes - Boxed                            
      Striploin                               51  110,653   $359.66       $0.01
      S.P.B. - Combo                          47  668,689   $319.49       $0.49
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     37  112,583   $263.93     ($0.09)
167A  Round, knuckle, peeled                  47  243,298   $266.10     ($0.29)
190   Loin, tenderloin, 2-3 lbs.              15   18,595   $468.28      $11.50
190   Loin, tenderloin, 3-4 lbs.              63   88,049   $560.23       $2.44
190   Loin, tenderloin, 4-5 lbs.             169  236,887   $579.67     ($1.56)
190   Loin, tenderloin, 5-up lbs.             45   33,996   $583.75       $7.65
193   Flank, flank steak                      76   76,261   $348.94       $3.46
      Flank, rough                            53   98,231   $289.08     ($1.23)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.
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    2,548   $358.82       
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.               7   18,768   $331.54       
112   Rib, ribeye roll, 8-up lbs.              5   66,360   $346.17       
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   59,552   $266.89     ($4.69)
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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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