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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 10/10/2014

LM_XB405
Des Moines, IA                 Fri, Oct 10, 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:               $233.30
Change from prior day:                $0.84
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $296.82        $165.74         $0.77
100% lean inside round                      $380.67          $8.83         $0.09
100% lean, flats and eyes                   $376.03          $8.72       ($0.01)
100% lean, S.P.B.                           $374.31         $18.72         
Chuck Tender                                $309.03          $3.09         
Knuckle                   4-7 lbs.          $320.66          $8.11         $0.02
Tenderloin                2-3 lbs.          $528.30          $2.80         $0.04
Tenderloin                3-4 lbs.          $589.05          $4.36       ($0.02)
Ribeye Roll               4-6 lbs.          $352.25          $3.70         
Ribeye Roll               6-8 lbs.          $358.59          $2.65         
Ribeye Roll               8up lbs.          $361.05          $2.64         $0.01
Flank Steak                                 $350.48          $1.47       ($0.06)
Kidney, Edible                               $35.86          $0.16         
Fat, inedible                                $20.60          $0.48         
Bone                                          $7.63          $1.83         
--------------------------------------------------------------------------------
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                 22.71  loads --              908,479  pounds
Cutter/Canner Cuts                  8.53  loads --              341,174  pounds
Boner/Breaker/Cutter/Canner        20.17  loads --              806,726  pounds
100% Lean Items                    32.85  loads --            1,313,847  pounds
Frozen Cuts                         2.41  loads --               96,291  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   18,340   $402.91     ($8.57)
112   Rib, ribeye roll, 8-10 lbs.             45  103,347   $401.21     ($1.16)
112   Rib, ribeye roll, 10-up lbs.            61   75,777   $401.20     ($0.41)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      12    8,599   $475.73       $4.83
112A  Rib, ribeye roll-lip-on, 8-up lbs.      12   10,265   $476.72       $7.73
      Chuck, boneless 85%                      8   79,353   $285.96       $0.85
120   Chuck, brisket                          28   44,536   $264.33     ($0.69)
168   Round, top inside, 10-dn lbs.            7    8,129   $288.37       $1.00
168   Round, top inside, 10-up lbs.           35   86,737   $302.08       $0.45
169A  Round, top inside c-off, 8-10 lbs.       4   23,484   $356.03       
169A  Round, top inside c-off, 10-14 lbs.     17  148,102   $352.99     ($1.81)
169A  Round, top inside c-off, 14-up lbs.      4   21,075   $358.63       
171B  Round, outside round                     6   32,972   $369.21       $7.38
171C  Round, eye of round                     56   73,325   $347.60       $5.13
      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.            10   11,911   $364.10       $4.58
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  22   33,019   $290.38       $0.46
185A  Loin, bottom sirloin butt flap, bnls.   36  128,758   $308.94     ($0.44)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              45  153,509   $358.14       $0.07
112   Rib, ribeye roll, 8-up lbs.             42  187,665   $361.10       $0.44
100% LEAN
      Inside round - Combo                    17  217,849   $379.41       $4.17
      Inside round - Boxed                    34   50,666   $386.08       $2.27
      Outside round                            4   31,763   $376.30       $4.66
      Eye of round                             9   14,292   $372.90       $1.25
      Flats and eyes - Combo                  24  357,602   $376.13     ($0.47)
      Flats and eyes - Boxed                            
      Striploin                               59  267,895   $426.17       $1.74
      S.P.B. - Combo                          23  373,780   $374.31     ($0.03)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     43  148,009   $309.03     ($0.26)
167A  Round, knuckle, peeled                  39  190,201   $320.66       $0.94
190   Loin, tenderloin, 2-3 lbs.              10   17,911   $528.30     ($1.85)
190   Loin, tenderloin, 3-4 lbs.              40   71,129   $589.91     ($3.02)
190   Loin, tenderloin, 4-5 lbs.             126  177,728   $620.43     ($1.26)
190   Loin, tenderloin, 5-up lbs.             41   34,818   $659.90       $1.63
193   Flank, flank steak                      87   89,596   $361.84     ($2.37)
      Flank, rough                            46   77,334   $320.11       $0.30
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              3   10,125   $394.26
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    5,720   $423.00       
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.               3   17,959   $362.49       
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   42,047   $326.26    ($36.97)
--------------------------------------------------------------------------------
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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