Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 9/18/2014

Past Market Reports

Report Date: 9/18/2014

LM_XB405
Des Moines, IA                 Thu, Sep 18, 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:               $234.98
Change from prior day:                $0.87
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $300.65        $167.88         $1.11
100% lean inside round                      $378.70          $8.79         $0.03
100% lean, flats and eyes                   $366.28          $8.50         $0.02
100% lean, S.P.B.                           $366.10         $18.31         $0.05
Chuck Tender                                $306.60          $3.07         $0.01
Knuckle                   4-7 lbs.          $323.81          $8.19       ($0.09)
Tenderloin                2-3 lbs.          $526.94          $2.79         
Tenderloin                3-4 lbs.          $573.21          $4.24       ($0.16)
Ribeye Roll               4-6 lbs.          $352.25          $3.70       ($0.01)
Ribeye Roll               6-8 lbs.          $361.70          $2.68       ($0.03)
Ribeye Roll               8up lbs.          $367.46          $2.68         $0.06
Flank Steak                                 $328.88          $1.38       ($0.12)
Kidney, Edible                               $37.53          $0.17         
Fat, inedible                                $22.95          $0.53         
Bone                                          $8.64          $2.07         
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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                 23.80  loads --              951,882  pounds
Cutter/Canner Cuts                  5.20  loads --              208,182  pounds
Boner/Breaker/Cutter/Canner        14.31  loads --              572,473  pounds
100% Lean Items                    26.15  loads --            1,046,106  pounds
Frozen Cuts                         3.93  loads --              157,050  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10    8,445   $410.35       $2.82
112   Rib, ribeye roll, 8-10 lbs.             47  117,564   $423.48       $9.31
112   Rib, ribeye roll, 10-up lbs.            59   52,477   $432.01       $0.23
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      11   16,527   $532.93     ($0.14)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       7   11,032   $472.21       $7.12
      Chuck, boneless 85%                      8   79,477   $289.78      $22.59
120   Chuck, brisket                          17   46,391   $269.73     ($2.65)
168   Round, top inside, 10-dn lbs.            7   14,804   $274.11     ($0.48)
168   Round, top inside, 10-up lbs.           22   74,740   $284.95     ($4.84)
169A  Round, top inside c-off, 8-10 lbs.       3   20,900   $351.59       $0.80
169A  Round, top inside c-off, 10-14 lbs.     24  252,254   $346.74     ($0.04)
169A  Round, top inside c-off, 14-up lbs.      7   15,162   $347.69       $0.61
171B  Round, outside round                     7   56,040   $361.41       $0.07
171C  Round, eye of round                     40   84,655   $333.92     ($1.70)
      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   32,819   $359.41     ($3.09)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  13   15,505   $322.19     ($8.48)
185A  Loin, bottom sirloin butt flap, bnls.   33   52,870   $344.66       $9.99
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              43   96,739   $363.94     ($3.89)
112   Rib, ribeye roll, 8-up lbs.             36  109,083   $368.16       $2.01
100% LEAN
      Inside round - Combo                    12  207,616   $376.66       $0.32
      Inside round - Boxed                    35   47,660   $387.59       $6.29
      Outside round                            5   25,110   $363.07       
      Eye of round                             8   17,202   $370.90       $1.49
      Flats and eyes - Combo                  28  302,289   $366.29       $0.78
      Flats and eyes - Boxed                            
      Striploin                               61  147,979   $417.65       $1.89
      S.P.B. - Combo                          22  298,250   $366.10       $0.93
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     27   76,943   $306.60       $0.11
167A  Round, knuckle, peeled                  43  166,339   $323.81     ($3.49)
190   Loin, tenderloin, 2-3 lbs.              14   25,019   $540.63     ($0.58)
190   Loin, tenderloin, 3-4 lbs.              30   30,415   $573.59    ($28.98)
190   Loin, tenderloin, 4-5 lbs.              89  107,997   $635.59     ($0.76)
190   Loin, tenderloin, 5-up lbs.             40   28,314   $647.87       $0.94
193   Flank, flank steak                      75   75,655   $382.04     ($2.55)
      Flank, rough                            35   61,791   $312.75     ($0.15)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   13,271   $415.03       
112   Rib, ribeye roll, 8-10 lbs.              3   32,850   $408.13
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.                      
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.               3   21,291   $572.67       
190   Loin, tenderloin, 4-5 lbs.
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      13   56,533   $257.75    ($40.64)
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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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