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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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  5. 6/17/2014

Past Market Reports

Report Date: 6/17/2014 

LM_XB405
Des Moines, IA                 Tue, Jun 17, 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:               $199.96
Change from prior day:                $0.53
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $247.88        $138.42         $0.31
100% lean inside round                      $339.88          $7.89         $0.03
100% lean, flats and eyes                   $324.24          $7.52         $0.01
100% lean, S.P.B.                           $320.19         $16.01         
Chuck Tender                                $265.78          $2.66         $0.03
Knuckle                   4-7 lbs.          $269.21          $6.81         $0.04
Tenderloin                2-3 lbs.          $514.85          $2.73         $0.01
Tenderloin                3-4 lbs.          $620.30          $4.59         $0.04
Ribeye Roll               4-6 lbs.          $332.25          $3.49       ($0.04)
Ribeye Roll               6-8 lbs.          $366.53          $2.71         $0.04
Ribeye Roll               8up lbs.          $373.59          $2.73         $0.08
Flank Steak                                 $302.42          $1.27       ($0.02)
Kidney, Edible                               $33.48          $0.15         
Fat, inedible                                $27.97          $0.65         
Bone                                          $9.72          $2.33         
--------------------------------------------------------------------------------
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                 37.09  loads --            1,483,532  pounds
Cutter/Canner Cuts                  5.48  loads --              219,250  pounds
Boner/Breaker/Cutter/Canner        23.92  loads --              956,849  pounds
100% Lean Items                    33.29  loads --            1,331,561  pounds
Frozen Cuts                         2.24  loads --               89,698  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   16,782   $459.35       $3.35
112   Rib, ribeye roll, 8-10 lbs.             44   95,859   $439.23    ($11.12)
112   Rib, ribeye roll, 10-up lbs.            59   65,749   $451.50       $9.58
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      21   28,151   $502.40     ($2.09)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       8   14,975   $455.93      $11.70
      Chuck, boneless 85%                     22  411,784   $216.41       $0.94
120   Chuck, brisket                          25   22,475   $277.41       $1.96
168   Round, top inside, 10-dn lbs.           10    7,583   $237.22       $3.61
168   Round, top inside, 10-up lbs.           28   91,482   $264.18       $1.16
169A  Round, top inside c-off, 8-10 lbs.       4   24,900   $327.66       $0.06
169A  Round, top inside c-off, 10-14 lbs.     40  312,820   $325.69     ($1.52)
169A  Round, top inside c-off, 14-up lbs.      6   36,975   $334.90       $0.01
171B  Round, outside round                    12   59,029   $303.82       $1.26
171C  Round, eye of round                     36   64,307   $305.51     ($0.70)
      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.            11   17,747   $308.80     ($0.03)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  32  100,109   $262.60       $1.08
185A  Loin, bottom sirloin butt flap, bnls.   39  111,055   $324.49     ($1.38)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4    4,062   $332.25       
112   Rib, ribeye roll, 6-8 lbs.              74  133,214   $365.38       $4.97
112   Rib, ribeye roll, 8-up lbs.             33   81,974   $374.50      $11.46
100% LEAN
      Inside round - Combo                    17  242,206   $333.52       $0.90
      Inside round - Boxed                    49   99,688   $355.34       $0.69
      Outside round                            9   62,167   $322.19       
      Eye of round                            13   40,763   $319.52       $2.56
      Flats and eyes - Combo                  31  346,789   $325.16       $0.22
      Flats and eyes - Boxed                            
      Striploin                               53  181,811   $367.52       $1.87
      S.P.B. - Combo                          25  358,137   $320.19     ($0.08)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31  109,547   $265.78       $2.36
167A  Round, knuckle, peeled                  41  275,289   $269.21       $1.82
190   Loin, tenderloin, 2-3 lbs.              16   17,542   $513.97       $0.44
190   Loin, tenderloin, 3-4 lbs.              38   46,836   $620.50       $6.18
190   Loin, tenderloin, 4-5 lbs.             162  225,426   $618.68       $5.26
190   Loin, tenderloin, 5-up lbs.             43   48,833   $642.06       $3.45
193   Flank, flank steak                      88  104,540   $323.78     ($3.99)
      Flank, rough                            55  128,836   $285.63     ($1.83)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    6,813   $349.71       $6.49
112   Rib, ribeye roll, 8-10 lbs.              5   12,025   $374.97
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.               3    5,625   $393.73
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   55,700   $262.32       $1.38
--------------------------------------------------------------------------------
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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