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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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Past Market Reports

Report Date: 7/11/2014 

LM_XB405
Des Moines, IA                 Fri, Jul 11, 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:               $226.98
Change from prior day:                $0.09
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $291.93        $163.01         $0.07
100% lean inside round                      $345.21          $8.01       ($0.06)
100% lean, flats and eyes                   $329.58          $7.65         
100% lean, S.P.B.                           $325.11         $16.26       ($0.01)
Chuck Tender                                $291.24          $2.91         $0.01
Knuckle                   4-7 lbs.          $295.10          $7.47         $0.01
Tenderloin                2-3 lbs.          $576.20          $3.05       ($0.02)
Tenderloin                3-4 lbs.          $640.84          $4.74       ($0.02)
Ribeye Roll               4-6 lbs.          $352.00          $3.70         
Ribeye Roll               6-8 lbs.          $401.55          $2.97         $0.09
Ribeye Roll               8up lbs.          $397.04          $2.90         
Flank Steak                                 $282.67          $1.19         $0.02
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                 29.01  loads --            1,160,280  pounds
Cutter/Canner Cuts                  7.15  loads --              285,842  pounds
Boner/Breaker/Cutter/Canner        24.52  loads --              980,622  pounds
100% Lean Items                    29.36  loads --            1,174,210  pounds
Frozen Cuts                         3.36  loads --              134,387  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    3,766   $540.46       
112   Rib, ribeye roll, 8-10 lbs.             43  102,259   $465.61     ($2.66)
112   Rib, ribeye roll, 10-up lbs.            59   78,759   $501.92     ($0.57)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23   23,183   $510.08       $2.78
112A  Rib, ribeye roll-lip-on, 8-up lbs.      20   17,272   $515.83       $0.41
      Chuck, boneless 85%                     17  312,259   $252.38       $0.31
120   Chuck, brisket                          20   20,076   $289.95     ($0.94)
168   Round, top inside, 10-dn lbs.            8    2,988   $250.81       $5.46
168   Round, top inside, 10-up lbs.           22   69,753   $273.71     ($0.36)
169A  Round, top inside c-off, 8-10 lbs.       3   13,620   $327.79
169A  Round, top inside c-off, 10-14 lbs.     20  125,740   $325.87     ($0.14)
169A  Round, top inside c-off, 14-up lbs.      9   31,472   $322.29       $0.13
171B  Round, outside round                    19  123,321   $306.56     ($0.24)
171C  Round, eye of round                     42   71,819   $317.50       $0.82
      Loin, Semi-Bnls Short Loin, 13-dn lbs.   0        0     
      Loin, Semi-Bnls Short Loin, 13-up lbs.   0        0     
180   Loin, strip, bnls, 7-9 lbs.              3    1,462   $354.20       
180   Loin, strip, bnls, 9-up lbs.            18   20,671   $346.23       $0.47
182   Loin, sirloin butt                       0        0     
184   Loin, top sirloin butt                  23   50,046   $306.59       $0.77
185A  Loin, bottom sirloin butt flap, bnls.   36   91,814   $346.72       $1.42
191A  Loin, butt tender, peeled                0        0     
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               0        0     
112   Rib, ribeye roll, 6-8 lbs.              51  117,513   $406.31      $13.54
112   Rib, ribeye roll, 8-up lbs.             44  168,329   $397.04       $0.36
100% LEAN
      Inside round - Combo                    17  202,668   $336.24     ($2.74)
      Inside round - Boxed                    43   77,727   $368.58       $0.49
      Outside round
      Eye of round                             8   15,675   $340.19       $2.85
      Flats and eyes - Combo                  29  262,896   $329.05     ($0.40)
      Flats and eyes - Boxed                   0        0     
      Striploin                               56  195,876   $381.15     ($0.12)
      S.P.B. - Combo                          29  405,119   $325.11     ($0.23)
      S.P.B. - Boxed                           0        0     
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     39  103,034   $291.24       $1.55
167A  Round, knuckle, peeled                  52  338,404   $295.10       $0.20
190   Loin, tenderloin, 2-3 lbs.              11   19,476   $576.20     ($2.50)
190   Loin, tenderloin, 3-4 lbs.              40   63,645   $644.69     ($4.76)
190   Loin, tenderloin, 4-5 lbs.             142  217,433   $661.56     ($0.85)
190   Loin, tenderloin, 5-up lbs.             43   29,306   $691.16     ($0.97)
193   Flank, flank steak                      88  110,858   $316.33       $1.21
      Flank, rough                            49   98,466   $291.65       $2.08
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    6,780   $377.01       
112   Rib, ribeye roll, 8-10 lbs.              5   20,200   $386.64       
112   Rib, ribeye roll, 10-up lbs.
112A  Rib, ribeye roll-lip-on, 8-dn lbs.       0        0     
112A  Rib, ribeye roll-lip-on, 8-up lbs.       0        0     
169A  Round, top inside c-off, 8-10 lbs.       0        0     
169A  Round, top inside c-off, 10-14 lbs.      0        0     
169A  Round, top inside c-off, 14-up lbs.      0        0     
180   Loin, strip, bnls, 7-9 lbs.              0        0     
180   Loin, strip, bnls, 9-up lbs.
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               0        0     
112   Rib, ribeye roll, 6-8 lbs.               4   16,800   $368.31       
112   Rib, ribeye roll, 8-up lbs.              0        0     
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.               0        0     
190   Loin, tenderloin, 3-4 lbs.
190   Loin, tenderloin, 4-5 lbs.
190   Loin, tenderloin, 5-up lbs.              0        0     
193   Flank, flank steak                      15   77,731   $234.66       
--------------------------------------------------------------------------------
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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