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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 7/22/2014

LM_XB405
Des Moines, IA                 Tue, Jul 22, 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:               $227.35
Change from prior day:              ($0.44)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $291.57        $162.81       ($0.47)
100% lean inside round                      $347.16          $8.05         $0.02
100% lean, flats and eyes                   $334.00          $7.75         $0.03
100% lean, S.P.B.                           $329.56         $16.48         $0.02
Chuck Tender                                $300.16          $3.00       ($0.01)
Knuckle                   4-7 lbs.          $304.87          $7.71       ($0.07)
Tenderloin                2-3 lbs.          $535.19          $2.84         $0.01
Tenderloin                3-4 lbs.          $598.66          $4.43       ($0.04)
Ribeye Roll               4-6 lbs.          $359.36          $3.77         
Ribeye Roll               6-8 lbs.          $411.05          $3.04         $0.04
Ribeye Roll               8up lbs.          $399.67          $2.92         
Flank Steak                                 $350.17          $1.47         $0.03
Kidney, Edible                               $32.67          $0.15         
Fat, inedible                                $25.63          $0.59         
Bone                                          $9.76          $2.34         
--------------------------------------------------------------------------------
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                 25.07  loads --            1,002,600  pounds
Cutter/Canner Cuts                  5.14  loads --              205,571  pounds
Boner/Breaker/Cutter/Canner        24.91  loads --              996,286  pounds
100% Lean Items                    37.89  loads --            1,515,463  pounds
Frozen Cuts                         2.44  loads --               97,738  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   13,466   $512.57     ($4.84)
112   Rib, ribeye roll, 8-10 lbs.             38   84,717   $467.60    ($10.89)
112   Rib, ribeye roll, 10-up lbs.            47   80,225   $487.13       $2.90
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   17,392   $513.31     ($4.32)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      13   35,771   $499.33     ($2.99)
      Chuck, boneless 85%                     15  241,100   $259.37     ($6.21)
120   Chuck, brisket                           9   20,630   $290.85     ($1.42)
168   Round, top inside, 10-dn lbs.            9    6,674   $272.77       $3.39
168   Round, top inside, 10-up lbs.           13   40,553   $283.20       $5.57
169A  Round, top inside c-off, 8-10 lbs.       5   45,700   $328.33       $0.76
169A  Round, top inside c-off, 10-14 lbs.     12  118,626   $326.10     ($0.77)
169A  Round, top inside c-off, 14-up lbs.      6   30,405   $327.01     ($0.01)
171B  Round, outside round                     6   56,350   $326.18       
171C  Round, eye of round                     28   52,825   $323.77       $4.91
      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   13,835   $339.09     ($0.48)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  19   44,378   $329.72       $2.50
185A  Loin, bottom sirloin butt flap, bnls.   36   98,703   $320.38    ($11.42)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              38  117,095   $412.62       $6.31
112   Rib, ribeye roll, 8-up lbs.             25   88,476   $399.67       $0.25
100% LEAN
      Inside round - Combo                    21  289,776   $342.35       $4.04
      Inside round - Boxed                    41  118,436   $358.92       $0.98
      Outside round                            6   64,812   $339.98
      Eye of round                            11   13,256   $332.37       $0.93
      Flats and eyes - Combo                  35  406,543   $333.10       $0.33
      Flats and eyes - Boxed                            
      Striploin                               49  128,683   $374.93       $5.60
      S.P.B. - Combo                          34  493,957   $329.56       $0.36
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     34   94,559   $300.16     ($0.77)
167A  Round, knuckle, peeled                  47  359,370   $304.87     ($2.81)
190   Loin, tenderloin, 2-3 lbs.              14   11,300   $527.29     ($1.67)
190   Loin, tenderloin, 3-4 lbs.              41   46,631   $599.90     ($5.30)
190   Loin, tenderloin, 4-5 lbs.             159  267,273   $642.94       $9.58
190   Loin, tenderloin, 5-up lbs.             37   34,565   $650.25     ($2.22)
193   Flank, flank steak                      88   84,895   $352.37       $0.80
      Flank, rough                            38   97,693   $307.82       $1.48
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              8   45,498   $382.79       $6.24
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.             6    7,020   $380.96       
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-up lbs.                       
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.               3    7,175   $547.63       
190   Loin, tenderloin, 3-4 lbs.
190   Loin, tenderloin, 4-5 lbs.                        
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      11   24,115   $342.44      $28.92
--------------------------------------------------------------------------------
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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