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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 8/20/2014

LM_XB405
Des Moines, IA                 Wed, Aug 20, 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:               $233.29
Change from prior day:                $0.69
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $298.19        $166.51         $0.53
100% lean inside round                      $361.12          $8.38         $0.07
100% lean, flats and eyes                   $350.35          $8.13         $0.09
100% lean, S.P.B.                           $348.15         $17.41         $0.19
Chuck Tender                                $321.95          $3.22         
Knuckle                   4-7 lbs.          $330.93          $8.37       ($0.03)
Tenderloin                2-3 lbs.          $522.25          $2.77       ($0.05)
Tenderloin                3-4 lbs.          $579.14          $4.29       ($0.08)
Ribeye Roll               4-6 lbs.          $383.27          $4.02         
Ribeye Roll               6-8 lbs.          $387.33          $2.87       ($0.01)
Ribeye Roll               8up lbs.          $391.60          $2.86       ($0.01)
Flank Steak                                 $357.56          $1.50       ($0.01)
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                 22.66  loads --              906,309  pounds
Cutter/Canner Cuts                  5.56  loads --              222,294  pounds
Boner/Breaker/Cutter/Canner        23.74  loads --              949,454  pounds
100% Lean Items                    31.38  loads --            1,255,066  pounds
Frozen Cuts                         2.50  loads --               99,841  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   12,240   $444.65     ($0.56)
112   Rib, ribeye roll, 8-10 lbs.             57  141,174   $455.70       $1.81
112   Rib, ribeye roll, 10-up lbs.            58   55,768   $476.65     ($3.79)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   13,538   $567.36       $0.19
112A  Rib, ribeye roll-lip-on, 8-up lbs.       9    7,340   $503.07    ($13.40)
      Chuck, boneless 85%                     10  131,637   $278.29       $3.10
120   Chuck, brisket                          19   57,704   $277.59     ($2.01)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           19   73,925   $309.44     ($9.03)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     14   95,667   $341.24       $0.23
169A  Round, top inside c-off, 14-up lbs.      4    6,975   $346.25     ($1.90)
171B  Round, outside round                     9   76,976   $345.82       $1.49
171C  Round, eye of round                     32   49,642   $340.14     ($2.30)
      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.            22   43,339   $342.85     ($0.56)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  19   23,208   $321.62     ($1.24)
185A  Loin, bottom sirloin butt flap, bnls.   31  103,406   $344.51     ($7.43)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              45   93,136   $381.92       $2.36
112   Rib, ribeye roll, 8-up lbs.             35  121,698   $391.23     ($0.01)
100% LEAN
      Inside round - Combo                    17  266,134   $357.80       $4.26
      Inside round - Boxed                    28   50,866   $378.49      $11.02
      Outside round                            6   30,997   $344.24     ($0.75)
      Eye of round                            14   30,209   $352.31       $0.17
      Flats and eyes - Combo                  31  371,495   $350.70       $4.27
      Flats and eyes - Boxed                            
      Striploin                               55  149,068   $401.81       $0.20
      S.P.B. - Combo                          23  356,297   $348.15       $3.81
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31   89,647   $321.95       $0.19
167A  Round, knuckle, peeled                  48  430,542   $330.93     ($1.04)
190   Loin, tenderloin, 2-3 lbs.              13   14,672   $522.25     ($9.23)
190   Loin, tenderloin, 3-4 lbs.              38   34,380   $579.14    ($11.33)
190   Loin, tenderloin, 4-5 lbs.             132  204,255   $645.34     ($0.45)
190   Loin, tenderloin, 5-up lbs.             35   22,116   $638.16    ($34.94)
193   Flank, flank steak                      79   72,251   $382.07       $0.30
      Flank, rough                            34   81,591   $331.47     ($4.74)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              7   15,071   $453.80       $5.13
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.
112   Rib, ribeye roll, 8-up lbs.
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       
--------------------------------------------------------------------------------
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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