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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 8/13/2014

LM_XB405
Des Moines, IA                 Wed, Aug 13, 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:               $232.21
Change from prior day:              ($0.38)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $296.23        $165.41       ($0.51)
100% lean inside round                      $352.24          $8.17         $0.05
100% lean, flats and eyes                   $344.47          $7.99         $0.02
100% lean, S.P.B.                           $340.14         $17.01         $0.07
Chuck Tender                                $318.59          $3.19         
Knuckle                   4-7 lbs.          $347.77          $8.80         $0.05
Tenderloin                2-3 lbs.          $531.51          $2.82         
Tenderloin                3-4 lbs.          $604.92          $4.48       ($0.05)
Ribeye Roll               4-6 lbs.          $377.59          $3.96         
Ribeye Roll               6-8 lbs.          $397.32          $2.94         $0.01
Ribeye Roll               8up lbs.          $396.16          $2.89       ($0.01)
Flank Steak                                 $362.12          $1.52       ($0.01)
Kidney, Edible                               $34.50          $0.16         
Fat, inedible                                $25.63          $0.59         
Bone                                          $9.52          $2.28         
--------------------------------------------------------------------------------
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                 26.86  loads --            1,074,366  pounds
Cutter/Canner Cuts                  5.90  loads --              235,916  pounds
Boner/Breaker/Cutter/Canner        21.06  loads --              842,296  pounds
100% Lean Items                    38.74  loads --            1,549,438  pounds
Frozen Cuts                         3.92  loads --              156,686  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              19   26,139   $441.15       $0.45
112   Rib, ribeye roll, 8-10 lbs.             33   62,300   $476.64     ($0.06)
112   Rib, ribeye roll, 10-up lbs.            51   40,528   $487.73     ($7.18)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      21   16,011   $558.09     ($1.72)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      13   11,074   $555.10      $33.47
      Chuck, boneless 85%                      9  121,780   $291.70       
120   Chuck, brisket                          24   33,419   $290.90     ($1.70)
168   Round, top inside, 10-dn lbs.            5   15,067   $328.37
168   Round, top inside, 10-up lbs.           20   56,905   $315.73       $1.01
169A  Round, top inside c-off, 8-10 lbs.       3   24,600   $345.79       
169A  Round, top inside c-off, 10-14 lbs.     30  325,439   $334.63     ($0.21)
169A  Round, top inside c-off, 14-up lbs.     10   42,890   $351.16       $0.03
171B  Round, outside round                    11   99,090   $337.21       $1.46
171C  Round, eye of round                     56   92,036   $337.69       $0.51
      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.             8   19,366   $346.13     ($2.83)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  16   24,916   $344.29     ($1.98)
185A  Loin, bottom sirloin butt flap, bnls.   41   62,143   $379.36       $9.26
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              38  115,435   $394.40     ($1.86)
112   Rib, ribeye roll, 8-up lbs.             29  111,636   $396.95     ($1.21)
100% LEAN
      Inside round - Combo                    20  282,668   $349.68       $4.33
      Inside round - Boxed                    33  101,208   $359.40     ($0.59)
      Outside round                            6   25,279   $347.19       $1.56
      Eye of round                             9   17,400   $352.71       $1.49
      Flats and eyes - Combo                  41  498,458   $344.04       $1.09
      Flats and eyes - Boxed                            
      Striploin                               64  267,103   $392.35       $2.91
      S.P.B. - Combo                          27  357,322   $340.14       $1.30
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     36  144,704   $318.59     ($0.65)
167A  Round, knuckle, peeled                  36  131,986   $347.77       $1.77
190   Loin, tenderloin, 2-3 lbs.              21   20,334   $534.72     ($2.58)
190   Loin, tenderloin, 3-4 lbs.              48   77,146   $604.96     ($7.24)
190   Loin, tenderloin, 4-5 lbs.             137  204,989   $656.02     ($9.09)
190   Loin, tenderloin, 5-up lbs.             42   53,814   $651.31      $11.01
193   Flank, flank steak                      98  112,173   $367.51     ($2.21)
      Flank, rough                            47   97,150   $324.97       $1.87
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              3    8,400   $418.00
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.
112   Rib, ribeye roll, 8-up lbs.              7   51,125   $394.42       $2.69
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.
190   Loin, tenderloin, 3-4 lbs.
190   Loin, tenderloin, 4-5 lbs.               4   26,540   $617.66     ($2.43)
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                      16   30,825   $342.52       
--------------------------------------------------------------------------------
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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