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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 1/23/2015

LM_XB405
Des Moines, IA                 Fri, Jan 23, 2015                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:               $238.59
Change from prior day:              ($0.29)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $303.36        $169.40       ($0.11)
100% lean inside round                      $391.12          $9.07         $0.01
100% lean, flats and eyes                   $391.07          $9.07         
100% lean, S.P.B.                           $391.42         $19.57       ($0.01)
Chuck Tender                                $317.82          $3.18       ($0.02)
Knuckle                   4-7 lbs.          $331.25          $8.38       ($0.03)
Tenderloin                2-3 lbs.          $495.64          $2.63         
Tenderloin                3-4 lbs.          $575.85          $4.26         
Ribeye Roll               4-6 lbs.          $347.00          $3.64         
Ribeye Roll               6-8 lbs.          $361.87          $2.68       ($0.05)
Ribeye Roll               8up lbs.          $378.42          $2.76       ($0.05)
Flank Steak                                 $359.99          $1.51       ($0.03)
Kidney, Edible                               $33.00          $0.15         
Fat, inedible                                $18.26          $0.42         
Bone                                          $7.81          $1.87         
--------------------------------------------------------------------------------
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                 26.79  loads --            1,071,625  pounds
Cutter/Canner Cuts                  4.91  loads --              196,577  pounds
Boner/Breaker/Cutter/Canner        26.66  loads --            1,066,265  pounds
100% Lean Items                    25.28  loads --            1,011,215  pounds
Frozen Cuts                         4.35  loads --              174,087  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8    8,381   $392.39     ($1.19)
112   Rib, ribeye roll, 8-10 lbs.             38  161,724   $388.94       $0.97
112   Rib, ribeye roll, 10-up lbs.            58   46,520   $390.67     ($2.30)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   17,777   $387.62     ($1.38)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       9   25,810   $392.07    ($22.57)
      Chuck, boneless 85%                      9  102,800   $296.93     ($1.15)
120   Chuck, brisket                          23   47,598   $326.46       $1.29
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           36  168,974   $290.05     ($1.49)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     20  166,971   $359.13     ($0.48)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                    10   48,672   $358.10     ($0.50)
171C  Round, eye of round                     61   80,101   $357.67     ($2.87)
      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   39,281   $370.88     ($2.55)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  19   41,780   $299.01       $2.98
185A  Loin, bottom sirloin butt flap, bnls.   43   89,537   $326.71       $4.11
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              51  123,238   $361.87     ($6.52)
112   Rib, ribeye roll, 8-up lbs.             28   73,339   $378.42     ($6.02)
100% LEAN
      Inside round - Combo                    14  170,190   $393.35       $0.23
      Inside round - Boxed                    43  109,667   $387.66       $1.58
      Outside round                            4   28,139   $390.48       $0.67
      Eye of round                             7   16,957   $389.25     ($0.06)
      Flats and eyes - Combo                  23  268,788   $391.25     ($0.03)
      Flats and eyes - Boxed                            
      Striploin                               70  254,657   $421.14     ($0.77)
      S.P.B. - Combo                          19  162,817   $391.42     ($0.17)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     40  135,695   $317.82     ($2.00)
167A  Round, knuckle, peeled                  46  415,406   $331.25     ($1.35)
190   Loin, tenderloin, 2-3 lbs.              20   20,178   $495.64       $0.17
190   Loin, tenderloin, 3-4 lbs.              38   83,803   $576.20       $0.09
190   Loin, tenderloin, 4-5 lbs.             101  166,263   $611.79       $2.24
190   Loin, tenderloin, 5-up lbs.             20   19,361   $589.71       $9.38
193   Flank, flank steak                      79   76,020   $369.06     ($4.10)
      Flank, rough                            57  149,539   $301.98       $0.69
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   43,278   $385.41     ($1.30)
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   $410.82
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.               4   42,132   $520.91       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      16   37,375   $341.54    ($13.64)
--------------------------------------------------------------------------------
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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