Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 7/16/2014

Past Market Reports

Report Date: 7/16/2014

LM_XB405
Des Moines, IA                 Wed, Jul 16, 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:               $227.16
Change from prior day:              ($2.39)
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Item                                          Price          Value        Change
90% lean                                    $291.41        $162.72       ($2.45)
100% lean inside round                      $348.84          $8.09         $0.05
100% lean, flats and eyes                   $331.68          $7.70         $0.01
100% lean, S.P.B.                           $327.55         $16.38         $0.01
Chuck Tender                                $298.97          $2.99         $0.01
Knuckle                   4-7 lbs.          $307.17          $7.77         $0.06
Tenderloin                2-3 lbs.          $537.24          $2.85       ($0.03)
Tenderloin                3-4 lbs.          $623.88          $4.62       ($0.09)
Ribeye Roll               4-6 lbs.          $359.36          $3.77         
Ribeye Roll               6-8 lbs.          $404.85          $3.00         $0.03
Ribeye Roll               8up lbs.          $397.81          $2.90         
Flank Steak                                 $302.75          $1.27         $0.01
Kidney, Edible                               $33.63          $0.15         
Fat, inedible                                $25.63          $0.59         
Bone                                          $9.85          $2.36         
--------------------------------------------------------------------------------
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                 27.26  loads --            1,090,483  pounds
Cutter/Canner Cuts                  7.97  loads --              318,706  pounds
Boner/Breaker/Cutter/Canner        19.18  loads --              767,367  pounds
100% Lean Items                    31.18  loads --            1,247,294  pounds
Frozen Cuts                         2.89  loads --              115,690  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   16,529   $517.58
112   Rib, ribeye roll, 8-10 lbs.             31   74,584   $460.66     ($5.42)
112   Rib, ribeye roll, 10-up lbs.            50   53,377   $495.85     ($2.89)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      22   29,314   $522.50       $0.72
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   29,010   $498.87    ($13.45)
      Chuck, boneless 85%                     16  307,533   $254.62     ($6.39)
120   Chuck, brisket                          22   21,964   $289.49     ($2.52)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           18   57,682   $280.19       $3.35
169A  Round, top inside c-off, 8-10 lbs.       4   23,448   $327.57     ($0.32)
169A  Round, top inside c-off, 10-14 lbs.     23  202,424   $326.92     ($0.09)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                    11   68,051   $317.95      $12.87
171C  Round, eye of round                     34   52,623   $319.35       $2.00
      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   10,727   $343.71     ($0.94)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  19   30,152   $312.73       $1.08
185A  Loin, bottom sirloin butt flap, bnls.   40  109,794   $329.08       $3.82
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              46  149,346   $409.48       $5.25
112   Rib, ribeye roll, 8-up lbs.             37  153,011   $397.81       $0.14
100% LEAN
      Inside round - Combo                    14  137,913   $340.36       $1.91
      Inside round - Boxed                    45  109,251   $359.53     ($2.33)
      Outside round                            3   32,347   $330.49     ($0.57)
      Eye of round                             8    8,945   $348.03       $0.25
      Flats and eyes - Combo                  33  395,252   $331.41       $0.13
      Flats and eyes - Boxed                            
      Striploin                               45  146,594   $379.37     ($0.35)
      S.P.B. - Combo                          31  416,992   $327.55       $0.19
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     27   82,089   $298.97       $0.56
167A  Round, knuckle, peeled                  42  231,646   $307.17       $2.45
190   Loin, tenderloin, 2-3 lbs.              21   30,652   $537.24     ($6.71)
190   Loin, tenderloin, 3-4 lbs.              35   64,406   $622.45    ($15.80)
190   Loin, tenderloin, 4-5 lbs.             109  143,132   $648.90     ($7.29)
190   Loin, tenderloin, 5-up lbs.             39   36,726   $655.04    ($43.04)
193   Flank, flank steak                      84   84,088   $335.12      $10.94
      Flank, rough                            47   94,628   $300.03       $2.77
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   20,380   $465.91       
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    2,860   $379.45       
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.               5   20,925   $371.80     ($0.64)
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                      11   47,610   $245.57    ($10.29)
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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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