Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 2/25/2015

Past Market Reports

Report Date: 2/25/2015

LM_XB405
Des Moines, IA                 Wed, Feb 25, 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:               $228.24
Change from prior day:              ($0.49)
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Item                                          Price          Value        Change
90% lean                                    $290.01        $161.94       ($1.11)
100% lean inside round                      $376.86          $8.74         $0.30
100% lean, flats and eyes                   $375.38          $8.71         $0.05
100% lean, S.P.B.                           $369.41         $18.47         $0.12
Chuck Tender                                $307.32          $3.07         
Knuckle                   4-7 lbs.          $318.11          $8.05         $0.02
Tenderloin                2-3 lbs.          $497.20          $2.64         $0.03
Tenderloin                3-4 lbs.          $531.15          $3.93         $0.04
Ribeye Roll               4-6 lbs.          $347.00          $3.64         
Ribeye Roll               6-8 lbs.          $347.96          $2.57         $0.04
Ribeye Roll               8up lbs.          $374.52          $2.73       ($0.01)
Flank Steak                                 $344.05          $1.45         $0.03
Kidney, Edible                               $29.47          $0.14         
Fat, inedible                                $18.26          $0.42         
Bone                                          $7.23          $1.74         
--------------------------------------------------------------------------------
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                 30.65  loads --            1,226,145  pounds
Cutter/Canner Cuts                  4.57  loads --              182,891  pounds
Boner/Breaker/Cutter/Canner        24.42  loads --              976,627  pounds
100% Lean Items                    23.75  loads --              950,024  pounds
Frozen Cuts                         3.37  loads --              134,958  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              14   37,315   $374.01     ($4.65)
112   Rib, ribeye roll, 8-10 lbs.             38  115,597   $355.06       $0.30
112   Rib, ribeye roll, 10-up lbs.            48   77,605   $362.39     ($0.41)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      19   33,051   $350.09     ($0.19)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      28   78,664   $358.65     ($3.21)
      Chuck, boneless 85%                      7   69,073   $280.73     ($0.03)
120   Chuck, brisket                          17   29,342   $291.31       $0.70
168   Round, top inside, 10-dn lbs.            6   11,920   $283.19       $0.24
168   Round, top inside, 10-up lbs.           25   86,879   $288.20       $0.76
169A  Round, top inside c-off, 8-10 lbs.       6   26,424   $345.49     ($0.68)
169A  Round, top inside c-off, 10-14 lbs.     34  263,267   $331.97     ($9.20)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     9   35,040   $315.08     ($1.05)
171C  Round, eye of round                     42   76,523   $332.67     ($5.33)
      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.             3   11,128   $355.99       $1.45
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  31   85,802   $296.23     ($3.37)
185A  Loin, bottom sirloin butt flap, bnls.   34  170,567   $317.34     ($3.94)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              49  146,047   $347.89       $6.08
112   Rib, ribeye roll, 8-up lbs.             21   36,844   $374.52     ($1.23)
100% LEAN
      Inside round - Combo                     9   77,069   $385.37       $0.97
      Inside round - Boxed                    26   67,807   $367.19      $21.90
      Outside round
      Eye of round                            11   16,530   $371.17     ($0.54)
      Flats and eyes - Combo                  26  374,902   $375.82       $2.51
      Flats and eyes - Boxed                            
      Striploin                               55  173,309   $413.56       $0.16
      S.P.B. - Combo                          14  230,525   $369.41       $2.48
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     34  135,017   $307.32       $0.08
167A  Round, knuckle, peeled                  48  370,681   $318.11       $0.56
190   Loin, tenderloin, 2-3 lbs.              15   10,684   $497.20       $3.98
190   Loin, tenderloin, 3-4 lbs.              42   53,555   $531.15       $5.09
190   Loin, tenderloin, 4-5 lbs.             123  182,218   $568.83       $5.82
190   Loin, tenderloin, 5-up lbs.             26   44,925   $517.62       $3.67
193   Flank, flank steak                      82   86,492   $365.13     ($1.12)
      Flank, rough                            42   93,055   $282.92     ($4.59)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              6   37,439   $363.12     ($1.14)
112   Rib, ribeye roll, 10-up lbs.             3   23,085   $336.00
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.             5    9,620   $390.43      $21.75
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                      11   30,260   $283.80     ($1.89)
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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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