Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 7/2/2014

Past Market Reports

Report Date: 7/2/2014

LM_XB405
Des Moines, IA                 Wed, Jul 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:               $216.89
Change from prior day:                $0.35
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $275.39        $153.78         $0.04
100% lean inside round                      $351.56          $8.16         $0.10
100% lean, flats and eyes                   $326.94          $7.59       ($0.01)
100% lean, S.P.B.                           $322.09         $16.10         $0.04
Chuck Tender                                $277.75          $2.78         $0.02
Knuckle                   4-7 lbs.          $287.46          $7.27         $0.01
Tenderloin                2-3 lbs.          $526.78          $2.79         
Tenderloin                3-4 lbs.          $627.12          $4.64         $0.11
Ribeye Roll               4-6 lbs.          $352.00          $3.70         
Ribeye Roll               6-8 lbs.          $379.91          $2.81         $0.03
Ribeye Roll               8up lbs.          $393.97          $2.88         $0.01
Flank Steak                                 $301.70          $1.27         
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                 30.95  loads --            1,237,936  pounds
Cutter/Canner Cuts                  5.81  loads --              232,285  pounds
Boner/Breaker/Cutter/Canner        15.11  loads --              604,390  pounds
100% Lean Items                    25.08  loads --            1,003,223  pounds
Frozen Cuts                         3.89  loads --              155,416  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    9,188   $514.52       $0.32
112   Rib, ribeye roll, 8-10 lbs.             22  144,257   $478.14       $4.20
112   Rib, ribeye roll, 10-up lbs.            48   25,403   $506.34       $1.04
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      24   24,189   $503.69     ($0.15)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      11   15,975   $496.63       $0.79
      Chuck, boneless 85%                     17  324,492   $233.49       
120   Chuck, brisket                          23   28,858   $290.58       $5.63
168   Round, top inside, 10-dn lbs.            6    8,140   $243.51     ($0.76)
168   Round, top inside, 10-up lbs.           36   94,349   $268.36     ($0.20)
169A  Round, top inside c-off, 8-10 lbs.       6   43,680   $327.83       
169A  Round, top inside c-off, 10-14 lbs.     23  247,361   $326.51       $0.28
169A  Round, top inside c-off, 14-up lbs.      4   10,675   $325.17
171B  Round, outside round                     9   53,954   $292.90    ($10.68)
171C  Round, eye of round                     36   74,829   $314.54       $0.82
      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.             6   12,819   $343.72     ($0.78)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  25   40,220   $285.86     ($0.94)
185A  Loin, bottom sirloin butt flap, bnls.   26   79,547   $310.95    ($16.94)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              54  116,406   $394.61       $4.93
112   Rib, ribeye roll, 8-up lbs.             36  115,879   $393.83       $0.62
100% LEAN
      Inside round - Combo                     7  110,134   $341.19     ($1.45)
      Inside round - Boxed                    42   91,924   $363.98       $0.55
      Outside round
      Eye of round                             7    9,427   $332.48       $4.35
      Flats and eyes - Combo                  25  265,940   $328.23     ($0.62)
      Flats and eyes - Boxed                            
      Striploin                               56  183,480   $374.93     ($0.57)
      S.P.B. - Combo                          25  334,292   $322.09       $0.87
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     41  120,248   $277.75       $1.33
167A  Round, knuckle, peeled                  32  129,805   $287.46       $0.45
190   Loin, tenderloin, 2-3 lbs.              12    8,378   $526.78       $1.22
190   Loin, tenderloin, 3-4 lbs.              30   30,489   $626.81      $15.12
190   Loin, tenderloin, 4-5 lbs.             132  153,790   $654.57       $1.26
190   Loin, tenderloin, 5-up lbs.             30   23,876   $679.67      $21.28
193   Flank, flank steak                      70   63,317   $339.39       $5.05
      Flank, rough                            40   74,487   $291.58       $1.25
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   70,300   $349.28     ($1.93)
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       
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                      12   39,933   $241.93     ($4.16)
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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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