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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 7/23/2014

LM_XB405
Des Moines, IA                 Wed, Jul 23, 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:               $227.56
Change from prior day:                $0.21
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $291.11        $162.56       ($0.25)
100% lean inside round                      $347.33          $8.06         $0.01
100% lean, flats and eyes                   $335.12          $7.77         $0.02
100% lean, S.P.B.                           $329.93         $16.50         $0.02
Chuck Tender                                $300.54          $3.01         $0.01
Knuckle                   4-7 lbs.          $305.66          $7.73         $0.02
Tenderloin                2-3 lbs.          $537.35          $2.85         $0.01
Tenderloin                3-4 lbs.          $606.15          $4.49         $0.06
Ribeye Roll               4-6 lbs.          $386.00          $4.05         $0.28
Ribeye Roll               6-8 lbs.          $413.93          $3.06         $0.02
Ribeye Roll               8up lbs.          $400.98          $2.93         $0.01
Flank Steak                                 $350.11          $1.47         
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                 23.99  loads --              959,489  pounds
Cutter/Canner Cuts                  4.54  loads --              181,784  pounds
Boner/Breaker/Cutter/Canner        27.24  loads --            1,089,660  pounds
100% Lean Items                    40.44  loads --            1,617,423  pounds
Frozen Cuts                         3.20  loads --              127,850  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             35   72,026   $462.43     ($5.17)
112   Rib, ribeye roll, 10-up lbs.            48   73,819   $484.58     ($2.55)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   18,362   $516.59       $3.28
112A  Rib, ribeye roll-lip-on, 8-up lbs.      10   14,892   $508.60       $9.27
      Chuck, boneless 85%                     16  261,100   $263.10       $3.73
120   Chuck, brisket                          15   33,031   $287.48     ($3.37)
168   Round, top inside, 10-dn lbs.           10    6,748   $273.11       $0.34
168   Round, top inside, 10-up lbs.           14   40,103   $283.94       $0.74
169A  Round, top inside c-off, 8-10 lbs.       3   22,900   $329.15       $0.82
169A  Round, top inside c-off, 10-14 lbs.     11   97,644   $326.12       $0.02
169A  Round, top inside c-off, 14-up lbs.      7   32,355   $326.93     ($0.08)
171B  Round, outside round                     6   56,350   $326.18       
171C  Round, eye of round                     36   60,883   $324.61       $0.84
      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.            11   13,956   $339.49       $0.40
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  22   61,632   $327.55     ($2.17)
185A  Loin, bottom sirloin butt flap, bnls.   35   91,674   $316.51     ($3.87)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              39   92,966   $416.62       $4.00
112   Rib, ribeye roll, 8-up lbs.             24   85,768   $401.20       $1.53
100% LEAN
      Inside round - Combo                    20  271,776   $342.31     ($0.04)
      Inside round - Boxed                    33   93,751   $361.88       $2.96
      Outside round                            8   88,512   $338.66     ($1.32)
      Eye of round                            12   14,487   $332.46       $0.09
      Flats and eyes - Combo                  39  470,496   $334.54       $1.44
      Flats and eyes - Boxed                            
      Striploin                               53  190,044   $379.20       $4.27
      S.P.B. - Combo                          34  488,357   $329.93       $0.37
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32   96,178   $300.54       $0.38
167A  Round, knuckle, peeled                  51  435,287   $305.66       $0.79
190   Loin, tenderloin, 2-3 lbs.              18   15,048   $532.45       $5.16
190   Loin, tenderloin, 3-4 lbs.              38   41,609   $608.13       $8.23
190   Loin, tenderloin, 4-5 lbs.             159  294,070   $637.78     ($5.16)
190   Loin, tenderloin, 5-up lbs.             31   18,761   $654.29       $4.04
193   Flank, flank steak                      96   93,724   $356.05       $3.68
      Flank, rough                            45   94,983   $308.24       $0.42
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    1,245   $418.29
112   Rib, ribeye roll, 8-10 lbs.              8   45,498   $382.79       
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.               3   18,700   $400.53
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                      13   32,065   $332.72     ($9.72)
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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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