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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 8/19/2014

LM_XB405
Des Moines, IA                 Tue, Aug 19, 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:               $232.60
Change from prior day:              ($0.07)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $297.25        $165.98         $0.05
100% lean inside round                      $358.29          $8.31         $0.01
100% lean, flats and eyes                   $346.74          $8.04         $0.02
100% lean, S.P.B.                           $344.34         $17.22         $0.05
Chuck Tender                                $321.76          $3.22         $0.01
Knuckle                   4-7 lbs.          $331.97          $8.40       ($0.17)
Tenderloin                2-3 lbs.          $531.48          $2.82         
Tenderloin                3-4 lbs.          $590.47          $4.37       ($0.04)
Ribeye Roll               4-6 lbs.          $383.27          $4.02         $0.02
Ribeye Roll               6-8 lbs.          $389.57          $2.88       ($0.02)
Ribeye Roll               8up lbs.          $392.74          $2.87       ($0.02)
Flank Steak                                 $359.10          $1.51         $0.02
Kidney, Edible                               $36.68          $0.17         
Fat, inedible                                $25.63          $0.59         
Bone                                          $9.15          $2.20         
--------------------------------------------------------------------------------
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                 21.22  loads --              848,952  pounds
Cutter/Canner Cuts                  5.06  loads --              202,448  pounds
Boner/Breaker/Cutter/Canner        24.35  loads --              973,828  pounds
100% Lean Items                    28.10  loads --            1,123,942  pounds
Frozen Cuts                         3.55  loads --              141,841  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11   12,490   $445.21       $3.42
112   Rib, ribeye roll, 8-10 lbs.             54  134,477   $453.89     ($7.86)
112   Rib, ribeye roll, 10-up lbs.            60   50,234   $480.44       $0.05
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      17   13,555   $567.17      $12.08
112A  Rib, ribeye roll-lip-on, 8-up lbs.       9    6,428   $516.47    ($30.15)
      Chuck, boneless 85%                      9  121,637   $275.19       
120   Chuck, brisket                          15   48,110   $279.60     ($3.31)
168   Round, top inside, 10-dn lbs.            6   19,597   $327.92     ($0.34)
168   Round, top inside, 10-up lbs.           19   66,990   $318.47       $2.36
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     12   77,537   $341.01     ($0.55)
169A  Round, top inside c-off, 14-up lbs.      4    6,043   $348.15     ($1.07)
171B  Round, outside round                     9   72,976   $344.33       $5.99
171C  Round, eye of round                     23   43,491   $342.44       $8.20
      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.            17   32,657   $343.41       $0.70
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  18   24,493   $322.86     ($6.01)
185A  Loin, bottom sirloin butt flap, bnls.   33  109,087   $351.94     ($2.44)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              39   97,895   $379.56     ($7.30)
112   Rib, ribeye roll, 8-up lbs.             29   97,093   $391.24     ($4.08)
100% LEAN
      Inside round - Combo                    21  235,937   $353.54       $0.43
      Inside round - Boxed                    38  121,946   $367.47       $2.04
      Outside round                            8   34,718   $344.99       $3.32
      Eye of round                            15   27,425   $352.14       $1.40
      Flats and eyes - Combo                  31  281,678   $346.43       $0.57
      Flats and eyes - Boxed                            
      Striploin                               52  131,478   $401.61       $7.97
      S.P.B. - Combo                          24  290,760   $344.34       $0.98
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30  114,556   $321.76       $1.25
167A  Round, knuckle, peeled                  49  409,395   $331.97     ($6.93)
190   Loin, tenderloin, 2-3 lbs.              23   22,577   $531.48     ($0.29)
190   Loin, tenderloin, 3-4 lbs.              37   54,419   $590.47     ($5.98)
190   Loin, tenderloin, 4-5 lbs.             126  185,959   $645.79     ($3.55)
190   Loin, tenderloin, 5-up lbs.             38   34,611   $673.10      $21.11
193   Flank, flank steak                      84   80,449   $381.77      $10.12
      Flank, rough                            31   71,862   $336.21       $2.82
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              7   17,471   $448.67      $30.36
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.             3    5,304   $405.06
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.               3   46,125   $410.80
112   Rib, ribeye roll, 8-up lbs.              5   34,220   $397.00       
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.                        
190   Loin, tenderloin, 3-4 lbs.                        
190   Loin, tenderloin, 4-5 lbs.
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      12   34,243   $305.84       $3.65
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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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