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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 7/1/2014

LM_XB405
Des Moines, IA                 Tue, Jul 01, 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:               $216.54
Change from prior day:                $5.83
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $275.33        $153.74         $5.78
100% lean inside round                      $347.57          $8.06         $0.04
100% lean, flats and eyes                   $327.70          $7.60         
100% lean, S.P.B.                           $321.22         $16.06       ($0.01)
Chuck Tender                                $276.42          $2.76         $0.01
Knuckle                   4-7 lbs.          $287.01          $7.26         $0.07
Tenderloin                2-3 lbs.          $525.56          $2.79         $0.02
Tenderloin                3-4 lbs.          $611.90          $4.53       ($0.03)
Ribeye Roll               4-6 lbs.          $352.00          $3.70         
Ribeye Roll               6-8 lbs.          $375.65          $2.78         
Ribeye Roll               8up lbs.          $393.37          $2.87       ($0.01)
Flank Steak                                 $303.13          $1.27       ($0.04)
Kidney, Edible                               $33.89          $0.16         
Fat, inedible                                $25.63          $0.59         
Bone                                          $9.86          $2.37         
--------------------------------------------------------------------------------
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                 29.26  loads --            1,170,502  pounds
Cutter/Canner Cuts                  6.23  loads --              249,083  pounds
Boner/Breaker/Cutter/Canner        16.77  loads --              670,688  pounds
100% Lean Items                    26.12  loads --            1,044,705  pounds
Frozen Cuts                         4.05  loads --              162,186  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6    9,901   $514.20       $3.42
112   Rib, ribeye roll, 8-10 lbs.             20  134,111   $473.94     ($3.64)
112   Rib, ribeye roll, 10-up lbs.            53   56,210   $505.30       $2.46
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      24   22,929   $503.84     ($3.72)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      11   17,295   $495.84     ($2.51)
      Chuck, boneless 85%                     17  324,492   $233.49     ($0.72)
120   Chuck, brisket                          14   14,329   $284.95       $2.59
168   Round, top inside, 10-dn lbs.            7    8,530   $244.27     ($2.96)
168   Round, top inside, 10-up lbs.           36   94,349   $268.56       $0.10
169A  Round, top inside c-off, 8-10 lbs.       6   43,680   $327.83       $0.19
169A  Round, top inside c-off, 10-14 lbs.     20  200,286   $326.23     ($0.02)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     9   48,456   $303.58       $7.16
171C  Round, eye of round                     34   70,380   $313.72       $5.19
      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.            10   16,477   $344.50       $1.15
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  23   42,949   $286.80       $1.84
185A  Loin, bottom sirloin butt flap, bnls.   22   61,903   $327.89     ($2.25)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              53  114,401   $389.68       $2.90
112   Rib, ribeye roll, 8-up lbs.             39  116,022   $393.21     ($0.53)
100% LEAN
      Inside round - Combo                    16  239,386   $342.64       $0.93
      Inside round - Boxed                    39   74,490   $363.43       $3.98
      Outside round
      Eye of round                             4    7,032   $328.13     ($2.57)
      Flats and eyes - Combo                  27  285,349   $328.85       $0.09
      Flats and eyes - Boxed                            
      Striploin                               49  106,356   $375.50       $1.40
      S.P.B. - Combo                          24  309,892   $321.22     ($0.24)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     40  139,311   $276.42       $1.85
167A  Round, knuckle, peeled                  34  137,006   $287.01       $2.71
190   Loin, tenderloin, 2-3 lbs.              15   14,259   $525.56       $2.00
190   Loin, tenderloin, 3-4 lbs.              35   37,049   $611.69     ($4.20)
190   Loin, tenderloin, 4-5 lbs.             135  164,904   $653.31       $4.01
190   Loin, tenderloin, 5-up lbs.             31   25,751   $658.39      $16.11
193   Flank, flank steak                      80   78,299   $334.34       $4.04
      Flank, rough                            41   74,109   $290.33       $1.47
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   73,975   $351.21     ($1.39)
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.               4   25,200   $312.00    ($25.43)
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                      13   42,848   $246.09    ($19.38)
--------------------------------------------------------------------------------
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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