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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 9/29/2014

LM_XB405
Des Moines, IA                 Mon, Sep 29, 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:               $233.72
Change from prior day:                $1.25
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $298.59        $166.73         $1.38
100% lean inside round                      $383.93          $8.91         $0.05
100% lean, flats and eyes                   $371.44          $8.62         $0.05
100% lean, S.P.B.                           $369.98         $18.50         $0.04
Chuck Tender                                $304.78          $3.05       ($0.01)
Knuckle                   4-7 lbs.          $313.88          $7.94       ($0.16)
Tenderloin                2-3 lbs.          $516.65          $2.74         
Tenderloin                3-4 lbs.          $567.10          $4.20       ($0.02)
Ribeye Roll               4-6 lbs.          $352.25          $3.70         
Ribeye Roll               6-8 lbs.          $370.33          $2.74         
Ribeye Roll               8up lbs.          $367.08          $2.68         $0.02
Flank Steak                                 $329.66          $1.38       ($0.04)
Kidney, Edible                               $35.00          $0.16         
Fat, inedible                                $20.60          $0.48         
Bone                                          $7.89          $1.89       ($0.06)
--------------------------------------------------------------------------------
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                 22.20  loads --              887,856  pounds
Cutter/Canner Cuts                  4.28  loads --              171,041  pounds
Boner/Breaker/Cutter/Canner        21.20  loads --              847,926  pounds
100% Lean Items                    32.72  loads --            1,308,834  pounds
Frozen Cuts                         3.02  loads --              120,636  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              18   46,323   $424.08       $7.09
112   Rib, ribeye roll, 8-10 lbs.             48  102,360   $420.20       $0.60
112   Rib, ribeye roll, 10-up lbs.            63   77,759   $410.60     ($1.04)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      20   52,363   $483.91     ($4.67)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       9   10,853   $450.45     ($0.75)
      Chuck, boneless 85%                      7   75,406   $288.40     ($0.19)
120   Chuck, brisket                          18   34,792   $270.20     ($0.78)
168   Round, top inside, 10-dn lbs.           10   23,297   $281.38       $0.13
168   Round, top inside, 10-up lbs.           23   86,598   $276.18     ($0.55)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     12   83,178   $351.64       $0.15
169A  Round, top inside c-off, 14-up lbs.      9   18,462   $348.63     ($0.08)
171B  Round, outside round                     9   58,871   $367.20       $2.69
171C  Round, eye of round                     46   63,085   $347.64       $5.21
      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.            14   15,269   $355.79       $2.93
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  25   58,961   $273.02     ($1.54)
185A  Loin, bottom sirloin butt flap, bnls.   39   78,324   $316.40     ($2.89)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              39   70,277   $370.33     ($0.17)
112   Rib, ribeye roll, 8-up lbs.             28   91,324   $367.64       $2.37
100% LEAN
      Inside round - Combo                    19  255,574   $383.78       $3.39
      Inside round - Boxed                    35   80,973   $384.41     ($1.00)
      Outside round                            3   34,110   $368.63       $1.07
      Eye of round                            10   16,105   $370.84       $1.13
      Flats and eyes - Combo                  34  356,059   $371.74       $2.15
      Flats and eyes - Boxed                            
      Striploin                               62  193,855   $421.42       $1.91
      S.P.B. - Combo                          30  372,158   $369.98       $0.87
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     36  136,820   $304.78     ($0.80)
167A  Round, knuckle, peeled                  41  198,169   $313.88     ($6.44)
190   Loin, tenderloin, 2-3 lbs.              15   15,121   $516.65     ($0.92)
190   Loin, tenderloin, 3-4 lbs.              46  102,486   $567.10     ($3.52)
190   Loin, tenderloin, 4-5 lbs.             140  195,906   $623.20     ($2.25)
190   Loin, tenderloin, 5-up lbs.             41   23,499   $650.63     ($3.70)
193   Flank, flank steak                      82   83,231   $368.52       $0.52
      Flank, rough                            38   92,694   $318.29     ($0.99)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   16,279   $191.38
112   Rib, ribeye roll, 8-10 lbs.              8   22,535   $421.39      $10.28
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.             4    5,564   $417.07       
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   21,018   $608.00
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      14   39,550   $247.88    ($19.66)
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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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