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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 10/29/2014

LM_XB405
Des Moines, IA                 Wed, Oct 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:               $233.23
Change from prior day:                $0.28
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $295.57        $165.05         $0.10
100% lean inside round                      $381.71          $8.86         $0.04
100% lean, flats and eyes                   $383.68          $8.90         $0.01
100% lean, S.P.B.                           $384.29         $19.21         $0.02
Chuck Tender                                $307.92          $3.08         
Knuckle                   4-7 lbs.          $319.72          $8.09       ($0.04)
Tenderloin                2-3 lbs.          $506.58          $2.68         $0.02
Tenderloin                3-4 lbs.          $601.03          $4.45         $0.11
Ribeye Roll               4-6 lbs.          $352.25          $3.70         
Ribeye Roll               6-8 lbs.          $370.67          $2.74         
Ribeye Roll               8up lbs.          $369.64          $2.70         $0.02
Flank Steak                                 $344.84          $1.45         
Kidney, Edible                               $38.38          $0.18         
Fat, inedible                                $20.60          $0.48         
Bone                                          $6.92          $1.66         
--------------------------------------------------------------------------------
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                 24.47  loads --              978,732  pounds
Cutter/Canner Cuts                  6.74  loads --              269,675  pounds
Boner/Breaker/Cutter/Canner        26.70  loads --            1,067,953  pounds
100% Lean Items                    33.40  loads --            1,335,868  pounds
Frozen Cuts                         3.15  loads --              125,943  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              14   33,905   $404.54       $2.82
112   Rib, ribeye roll, 8-10 lbs.             42   95,590   $390.21     ($1.08)
112   Rib, ribeye roll, 10-up lbs.            59   96,629   $401.38       $1.34
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      20   56,304   $460.46     ($0.58)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       6    6,094   $448.12     ($3.99)
      Chuck, boneless 85%                     10  107,480   $291.14       $3.63
120   Chuck, brisket                          19   26,996   $291.43       $3.69
168   Round, top inside, 10-dn lbs.            6   20,310   $294.45     ($1.99)
168   Round, top inside, 10-up lbs.           23   84,637   $304.13       $1.03
169A  Round, top inside c-off, 8-10 lbs.       3    6,604   $356.42       $1.28
169A  Round, top inside c-off, 10-14 lbs.     13  119,333   $357.01       $1.93
169A  Round, top inside c-off, 14-up lbs.      4   26,655   $370.35       
171B  Round, outside round                     7   54,915   $371.02     ($0.43)
171C  Round, eye of round                     46   72,774   $364.06       $4.76
      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.            12   19,415   $355.12       $0.93
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  21   54,857   $274.82     ($3.09)
185A  Loin, bottom sirloin butt flap, bnls.   47   96,134   $330.73     ($1.88)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              50  123,451   $369.67       $1.27
112   Rib, ribeye roll, 8-up lbs.             37  146,224   $369.64     ($2.06)
100% LEAN
      Inside round - Combo                    19  236,443   $381.49       $1.16
      Inside round - Boxed                    28   65,300   $382.53       $2.18
      Outside round                            4   15,744   $375.62     ($0.44)
      Eye of round                             6   10,423   $384.11       $1.46
      Flats and eyes - Combo                  32  423,027   $383.97       $0.38
      Flats and eyes - Boxed                            
      Striploin                               52  206,118   $424.94     ($1.84)
      S.P.B. - Combo                          27  378,813   $384.29       $0.57
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     43  194,364   $307.92       $0.11
167A  Round, knuckle, peeled                  53  310,697   $319.72     ($1.56)
190   Loin, tenderloin, 2-3 lbs.              19   21,370   $509.46       $2.59
190   Loin, tenderloin, 3-4 lbs.              37   70,314   $601.03      $20.20
190   Loin, tenderloin, 4-5 lbs.             117  216,457   $635.20     ($2.45)
190   Loin, tenderloin, 5-up lbs.             34   24,227   $630.27     ($5.97)
193   Flank, flank steak                      75   96,598   $363.15       $1.77
      Flank, rough                            48  133,926   $310.39     ($0.49)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              7   12,750   $401.76       
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    4,160   $433.00       
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.               5   17,692   $626.83       $0.83
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      11   33,135   $291.45     ($5.70)
--------------------------------------------------------------------------------
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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