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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 12/8/2014

LM_XB405
Des Moines, IA                 Mon, Dec 08, 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:               $235.66
Change from prior day:              ($1.15)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $298.24        $166.54       ($1.27)
100% lean inside round                      $389.01          $9.03         $0.03
100% lean, flats and eyes                   $390.29          $9.05       ($0.01)
100% lean, S.P.B.                           $391.45         $19.57         $0.01
Chuck Tender                                $314.00          $3.14         
Knuckle                   4-7 lbs.          $319.92          $8.09         
Tenderloin                2-3 lbs.          $494.70          $2.62       ($0.02)
Tenderloin                3-4 lbs.          $581.80          $4.31       ($0.01)
Ribeye Roll               4-6 lbs.          $357.25          $3.75         
Ribeye Roll               6-8 lbs.          $363.89          $2.69       ($0.03)
Ribeye Roll               8up lbs.          $389.40          $2.84       ($0.01)
Flank Steak                                 $337.33          $1.42         $0.02
Kidney, Edible                               $38.00          $0.17       ($0.01)
Fat, inedible                                $22.28          $0.52         $0.04
Bone                                          $8.02          $1.92         $0.11
--------------------------------------------------------------------------------
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                 29.26  loads --            1,170,393  pounds
Cutter/Canner Cuts                  5.14  loads --              205,573  pounds
Boner/Breaker/Cutter/Canner        26.22  loads --            1,048,933  pounds
100% Lean Items                    32.63  loads --            1,305,394  pounds
Frozen Cuts                         3.38  loads --              135,075  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              16    8,160   $430.15       $0.99
112   Rib, ribeye roll, 8-10 lbs.             48  196,317   $407.50     ($0.16)
112   Rib, ribeye roll, 10-up lbs.            58   71,540   $406.44     ($0.85)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      21   29,189   $390.81    ($12.73)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   54,511   $393.56     ($4.62)
      Chuck, boneless 85%                     12  160,165   $293.78       $3.98
120   Chuck, brisket                          27   86,629   $303.41     ($1.03)
168   Round, top inside, 10-dn lbs.            3    2,460   $296.78       $1.02
168   Round, top inside, 10-up lbs.           27  113,542   $295.19     ($7.52)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     13  117,858   $363.88       $0.25
169A  Round, top inside c-off, 14-up lbs.      6   50,325   $370.73       $0.80
171B  Round, outside round                     6   61,521   $382.10       $0.04
171C  Round, eye of round                     45   45,602   $362.50     ($0.87)
      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.            16   35,475   $378.58     ($0.43)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  25   54,884   $278.56       $1.38
185A  Loin, bottom sirloin butt flap, bnls.   34   76,115   $343.28       $4.06
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4   22,908   $357.25       
112   Rib, ribeye roll, 6-8 lbs.              40  102,449   $363.89     ($3.08)
112   Rib, ribeye roll, 8-up lbs.             24   80,216   $387.21     ($0.73)
100% LEAN
      Inside round - Combo                    21  226,537   $386.95       $0.17
      Inside round - Boxed                    32   75,707   $395.17       $3.17
      Outside round                            4   37,839   $386.30      $10.62
      Eye of round                             5    7,763   $392.05     ($1.37)
      Flats and eyes - Combo                  28  410,211   $390.62     ($0.28)
      Flats and eyes - Boxed                            
      Striploin                               67  218,233   $418.74     ($1.94)
      S.P.B. - Combo                          22  329,104   $391.45       $0.20
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     35  136,580   $314.00       $0.08
167A  Round, knuckle, peeled                  59  303,239   $319.92       
190   Loin, tenderloin, 2-3 lbs.              16   19,285   $494.70     ($2.70)
190   Loin, tenderloin, 3-4 lbs.              44   65,716   $581.80     ($2.37)
190   Loin, tenderloin, 4-5 lbs.             132  249,905   $642.88     ($1.93)
190   Loin, tenderloin, 5-up lbs.             41   35,707   $652.92    ($14.05)
193   Flank, flank steak                      80  104,019   $354.08       $4.18
      Flank, rough                            54  134,482   $308.72       $0.52
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   17,217   $463.97       
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.
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      10   43,562   $297.34       $2.68
--------------------------------------------------------------------------------
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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