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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 8/11/2014

LM_XB405
Des Moines, IA                 Mon, Aug 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:               $231.17
Change from prior day:                $0.54
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $295.03        $164.74         $0.26
100% lean inside round                      $348.11          $8.08         
100% lean, flats and eyes                   $343.06          $7.96         $0.10
100% lean, S.P.B.                           $338.64         $16.93         $0.19
Chuck Tender                                $316.01          $3.16       ($0.01)
Knuckle                   4-7 lbs.          $341.13          $8.63         $0.08
Tenderloin                2-3 lbs.          $533.55          $2.83         
Tenderloin                3-4 lbs.          $609.84          $4.51         
Ribeye Roll               4-6 lbs.          $376.39          $3.95         
Ribeye Roll               6-8 lbs.          $393.89          $2.91       ($0.05)
Ribeye Roll               8up lbs.          $397.73          $2.90       ($0.02)
Flank Steak                                 $365.84          $1.54         $0.01
Kidney, Edible                               $34.50          $0.16         
Fat, inedible                                $25.63          $0.59         
Bone                                          $9.52          $2.28       ($0.02)
--------------------------------------------------------------------------------
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                 23.94  loads --              957,755  pounds
Cutter/Canner Cuts                  6.61  loads --              264,578  pounds
Boner/Breaker/Cutter/Canner        16.94  loads --              677,749  pounds
100% Lean Items                    32.26  loads --            1,290,488  pounds
Frozen Cuts                         3.95  loads --              158,084  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              22   52,560   $435.72     ($3.77)
112   Rib, ribeye roll, 8-10 lbs.             33   55,425   $476.26       $4.97
112   Rib, ribeye roll, 10-up lbs.            55   40,300   $495.91     ($4.92)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      17   22,193   $564.08     ($2.56)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      13   27,330   $513.27     ($0.93)
      Chuck, boneless 85%                     10  122,143   $291.76      $12.49
120   Chuck, brisket                          25   40,144   $292.53     ($1.16)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           16   36,655   $319.36       $1.50
169A  Round, top inside c-off, 8-10 lbs.       4   16,007   $348.61       
169A  Round, top inside c-off, 10-14 lbs.     23  231,652   $331.67     ($0.45)
169A  Round, top inside c-off, 14-up lbs.      9   39,770   $353.81       $2.11
171B  Round, outside round                     8   67,340   $338.32     ($0.41)
171C  Round, eye of round                     30   71,066   $341.67     ($0.15)
      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.            12   38,265   $349.96     ($1.01)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  13   25,806   $344.93       $2.06
185A  Loin, bottom sirloin butt flap, bnls.   36   70,409   $360.43     ($1.91)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   20,483   $376.39
112   Rib, ribeye roll, 6-8 lbs.              32   98,879   $391.28    ($15.74)
112   Rib, ribeye roll, 8-up lbs.             31  145,216   $398.76     ($3.81)
100% LEAN
      Inside round - Combo                    15  207,628   $343.86     ($1.14)
      Inside round - Boxed                    25   87,721   $358.16       $0.76
      Outside round                            5   35,791   $342.41       $4.50
      Eye of round                            13   26,889   $349.04     ($3.08)
      Flats and eyes - Combo                  38  436,580   $342.74       $4.73
      Flats and eyes - Boxed                            
      Striploin                               58  206,327   $394.85       $0.03
      S.P.B. - Combo                          21  289,552   $338.64       $3.93
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32  109,553   $316.01     ($1.03)
167A  Round, knuckle, peeled                  28   90,709   $341.13       $3.24
190   Loin, tenderloin, 2-3 lbs.              14   13,914   $538.46       $1.50
190   Loin, tenderloin, 3-4 lbs.              44   67,676   $610.19       $1.04
190   Loin, tenderloin, 4-5 lbs.             123  167,991   $665.70      $26.80
190   Loin, tenderloin, 5-up lbs.             38   28,159   $657.03     ($0.67)
193   Flank, flank steak                      87   85,462   $373.69     ($4.87)
      Flank, rough                            52  114,285   $324.04       $0.45
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   31,076   $410.19     ($0.45)
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.                        
112   Rib, ribeye roll, 6-8 lbs.               4   25,013   $404.23      $17.99
112   Rib, ribeye roll, 8-up lbs.              4   25,025   $391.73       
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.
190   Loin, tenderloin, 3-4 lbs.
190   Loin, tenderloin, 4-5 lbs.               5   31,540   $620.09     ($1.41)
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                      15   27,115   $341.09      $25.85
--------------------------------------------------------------------------------
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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