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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 8/22/2014

LM_XB405
Des Moines, IA                 Fri, Aug 22, 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:               $233.25
Change from prior day:                $0.07
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $298.25        $166.54         $0.04
100% lean inside round                      $362.93          $8.42         $0.01
100% lean, flats and eyes                   $351.00          $8.14       ($0.01)
100% lean, S.P.B.                           $349.56         $17.48         $0.02
Chuck Tender                                $321.05          $3.21       ($0.01)
Knuckle                   4-7 lbs.          $328.01          $8.30       ($0.02)
Tenderloin                2-3 lbs.          $519.04          $2.75         
Tenderloin                3-4 lbs.          $573.42          $4.24         $0.03
Ribeye Roll               4-6 lbs.          $387.49          $4.07         $0.05
Ribeye Roll               6-8 lbs.          $386.47          $2.86         
Ribeye Roll               8up lbs.          $383.79          $2.80       ($0.04)
Flank Steak                                 $353.11          $1.48         
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                 22.55  loads --              901,836  pounds
Cutter/Canner Cuts                  6.97  loads --              278,834  pounds
Boner/Breaker/Cutter/Canner        25.31  loads --            1,012,349  pounds
100% Lean Items                    33.42  loads --            1,336,606  pounds
Frozen Cuts                         2.08  loads --               83,033  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    2,300   $441.52
112   Rib, ribeye roll, 8-10 lbs.             51  130,378   $448.72     ($5.49)
112   Rib, ribeye roll, 10-up lbs.            55   52,604   $471.66     ($4.81)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   14,176   $569.26       $0.14
112A  Rib, ribeye roll-lip-on, 8-up lbs.       7    9,325   $509.27       $7.89
      Chuck, boneless 85%                      8  122,800   $279.28     ($0.40)
120   Chuck, brisket                          24   51,859   $278.16       $0.87
168   Round, top inside, 10-dn lbs.            4   12,200   $315.28       $0.51
168   Round, top inside, 10-up lbs.           22   80,751   $304.69       $0.30
169A  Round, top inside c-off, 8-10 lbs.       3    8,514   $344.88       
169A  Round, top inside c-off, 10-14 lbs.     14   87,082   $340.19     ($1.53)
169A  Round, top inside c-off, 14-up lbs.      4   17,775   $349.95       
171B  Round, outside round                     7   93,610   $350.68       $1.12
171C  Round, eye of round                     41   72,719   $342.54     ($0.16)
      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   35,986   $343.29     ($0.14)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  11   16,025   $331.04       $5.62
185A  Loin, bottom sirloin butt flap, bnls.   33   91,032   $347.20    ($15.02)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              53  111,097   $381.72     ($0.53)
112   Rib, ribeye roll, 8-up lbs.             37  166,377   $383.60     ($5.44)
100% LEAN
      Inside round - Combo                    17  261,602   $360.20       $0.40
      Inside round - Boxed                    29   82,553   $371.58       $0.46
      Outside round                            5   26,863   $348.74       $0.18
      Eye of round                            12   29,075   $348.04     ($4.36)
      Flats and eyes - Combo                  29  373,740   $351.39     ($0.02)
      Flats and eyes - Boxed                            
      Striploin                               61  162,996   $400.59     ($0.46)
      S.P.B. - Combo                          28  399,777   $349.56       $0.37
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     27   69,385   $321.05     ($1.20)
167A  Round, knuckle, peeled                  41  378,130   $328.01     ($0.91)
190   Loin, tenderloin, 2-3 lbs.              15   12,445   $519.04       $0.55
190   Loin, tenderloin, 3-4 lbs.              42   82,692   $573.42       $5.15
190   Loin, tenderloin, 4-5 lbs.             129  278,070   $667.85      $24.85
190   Loin, tenderloin, 5-up lbs.             33   18,589   $628.08    ($10.43)
193   Flank, flank steak                      82   69,308   $381.93       $0.48
      Flank, rough                            40  103,730   $322.12     ($0.05)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              6    9,446   $475.32      $20.47
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.
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.                        
190   Loin, tenderloin, 3-4 lbs.                        
190   Loin, tenderloin, 4-5 lbs.               3    3,488   $641.53       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      10   30,774   $288.19    ($13.68)
--------------------------------------------------------------------------------
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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