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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 8/1/2014

LM_XB405
Des Moines, IA                 Fri, Aug 01, 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:               $230.08
Change from prior day:                $1.32
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $294.01        $164.18         $1.04
100% lean inside round                      $354.28          $8.22         $0.01
100% lean, flats and eyes                   $337.84          $7.84         $0.01
100% lean, S.P.B.                           $333.55         $16.68         $0.04
Chuck Tender                                $316.39          $3.16         $0.02
Knuckle                   4-7 lbs.          $346.76          $8.77         $0.33
Tenderloin                2-3 lbs.          $524.02          $2.78         $0.03
Tenderloin                3-4 lbs.          $601.28          $4.45       ($0.04)
Ribeye Roll               4-6 lbs.          $371.00          $3.90         
Ribeye Roll               6-8 lbs.          $384.72          $2.85       ($0.02)
Ribeye Roll               8up lbs.          $374.93          $2.74       ($0.09)
Flank Steak                                 $332.34          $1.40       ($0.01)
Kidney, Edible                               $36.00          $0.17         
Fat, inedible                                $25.63          $0.59         
Bone                                          $9.81          $2.35         
--------------------------------------------------------------------------------
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                 30.53  loads --            1,221,366  pounds
Cutter/Canner Cuts                  4.59  loads --              183,480  pounds
Boner/Breaker/Cutter/Canner        22.67  loads --              906,887  pounds
100% Lean Items                    29.51  loads --            1,180,531  pounds
Frozen Cuts                         6.88  loads --              275,037  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   14,568   $493.09     ($1.00)
112   Rib, ribeye roll, 8-10 lbs.             38   71,838   $435.70     ($2.40)
112   Rib, ribeye roll, 10-up lbs.            41   34,739   $486.93     ($4.38)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      20   16,331   $538.76       $0.16
112A  Rib, ribeye roll-lip-on, 8-up lbs.      11   11,359   $523.66     ($5.57)
      Chuck, boneless 85%                     15  321,025   $262.17       $0.25
120   Chuck, brisket                          24   38,385   $285.96     ($1.00)
168   Round, top inside, 10-dn lbs.            5    6,216   $332.15       $1.84
168   Round, top inside, 10-up lbs.           24   70,616   $309.96       $2.79
169A  Round, top inside c-off, 8-10 lbs.       5   27,707   $335.32       $1.20
169A  Round, top inside c-off, 10-14 lbs.     30  218,576   $334.41       $1.37
169A  Round, top inside c-off, 14-up lbs.      7   18,465   $335.75       $0.05
171B  Round, outside round                    10   68,282   $333.09       $0.95
171C  Round, eye of round                     32   62,173   $333.44       $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.              4    1,320   $289.36       
180   Loin, strip, bnls, 9-up lbs.            18   21,829   $334.30     ($0.08)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  24   49,584   $329.67     ($0.07)
185A  Loin, bottom sirloin butt flap, bnls.   40  166,463   $334.39     ($0.80)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              33  128,067   $392.44     ($1.51)
112   Rib, ribeye roll, 8-up lbs.             27   55,413   $397.91     ($1.65)
100% LEAN
      Inside round - Combo                    20  204,596   $344.73       $0.44
      Inside round - Boxed                    62  155,445   $366.84       $0.95
      Outside round                            9   45,280   $340.64       $1.33
      Eye of round                             8   14,684   $339.16       $1.54
      Flats and eyes - Combo                  29  247,916   $337.25       $0.29
      Flats and eyes - Boxed                            
      Striploin                               58  243,400   $387.13       $0.79
      S.P.B. - Combo                          21  269,210   $333.55       $0.78
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32  106,050   $316.39       $2.63
167A  Round, knuckle, peeled                  30  148,071   $346.76      $13.17
190   Loin, tenderloin, 2-3 lbs.              19   20,477   $534.85       $1.18
190   Loin, tenderloin, 3-4 lbs.              53   87,332   $610.11       $1.58
190   Loin, tenderloin, 4-5 lbs.             161  313,634   $633.48     ($3.25)
190   Loin, tenderloin, 5-up lbs.             33   23,088   $641.46     ($1.66)
193   Flank, flank steak                      85   89,534   $356.53       $2.48
      Flank, rough                            52  118,701   $309.61     ($3.33)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    9,865   $476.67       
112   Rib, ribeye roll, 8-10 lbs.              7   64,305   $455.58     ($5.24)
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.
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   37,140   $371.00       
112   Rib, ribeye roll, 6-8 lbs.              13   71,773   $370.95     ($5.13)
112   Rib, ribeye roll, 8-up lbs.
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.
190   Loin, tenderloin, 3-4 lbs.               3    5,208   $453.23
190   Loin, tenderloin, 4-5 lbs.               4   12,000   $617.08       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      15   43,138   $282.14     ($8.50)
--------------------------------------------------------------------------------
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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