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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 2/26/2015

LM_XB405
Des Moines, IA                 Thu, Feb 26, 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:               $229.46
Change from prior day:                $1.22
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $292.25        $163.19         $1.25
100% lean inside round                      $377.94          $8.77         $0.03
100% lean, flats and eyes                   $373.12          $8.66       ($0.05)
100% lean, S.P.B.                           $369.27         $18.46       ($0.01)
Chuck Tender                                $308.17          $3.08         $0.01
Knuckle                   4-7 lbs.          $318.17          $8.05         
Tenderloin                2-3 lbs.          $497.60          $2.64         
Tenderloin                3-4 lbs.          $532.97          $3.94         $0.01
Ribeye Roll               4-6 lbs.          $347.00          $3.64         
Ribeye Roll               6-8 lbs.          $348.56          $2.58         $0.01
Ribeye Roll               8up lbs.          $373.74          $2.73         
Flank Steak                                 $338.10          $1.42       ($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                 31.42  loads --            1,256,816  pounds
Cutter/Canner Cuts                  4.72  loads --              188,973  pounds
Boner/Breaker/Cutter/Canner        19.44  loads --              777,622  pounds
100% Lean Items                    24.44  loads --              977,560  pounds
Frozen Cuts                         3.55  loads --              142,117  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   31,854   $369.90     ($4.11)
112   Rib, ribeye roll, 8-10 lbs.             41  116,486   $356.50       $1.44
112   Rib, ribeye roll, 10-up lbs.            50   71,530   $365.16       $2.77
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   31,728   $357.29       $7.20
112A  Rib, ribeye roll-lip-on, 8-up lbs.      26   76,649   $359.97       $1.32
      Chuck, boneless 85%                      7   69,073   $280.73       
120   Chuck, brisket                          25   47,422   $292.56       $1.25
168   Round, top inside, 10-dn lbs.            6   10,770   $284.26       $1.07
168   Round, top inside, 10-up lbs.           23   70,839   $284.83     ($3.37)
169A  Round, top inside c-off, 8-10 lbs.       7   26,675   $345.47     ($0.02)
169A  Round, top inside c-off, 10-14 lbs.     37  302,110   $325.04     ($6.93)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     6   44,000   $313.14     ($1.94)
171C  Round, eye of round                     34   60,855   $320.62    ($12.05)
      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.
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  33   83,254   $295.94     ($0.29)
185A  Loin, bottom sirloin butt flap, bnls.   34  191,203   $316.03     ($1.31)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              49  153,545   $348.53       $0.64
112   Rib, ribeye roll, 8-up lbs.             23   35,428   $373.74     ($0.78)
100% LEAN
      Inside round - Combo                     9   63,983   $387.05       $1.68
      Inside round - Boxed                    24   64,904   $368.96       $1.77
      Outside round
      Eye of round                            24   69,170   $361.68     ($9.49)
      Flats and eyes - Combo                  28  390,377   $375.33     ($0.49)
      Flats and eyes - Boxed                            
      Striploin                               53  152,619   $414.54       $0.98
      S.P.B. - Combo                          13  226,625   $369.27     ($0.14)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     41  155,713   $308.17       $0.85
167A  Round, knuckle, peeled                  38  179,062   $318.17       $0.06
190   Loin, tenderloin, 2-3 lbs.              19   13,685   $497.60       $0.40
190   Loin, tenderloin, 3-4 lbs.              40   49,769   $532.97       $1.82
190   Loin, tenderloin, 4-5 lbs.             111  163,506   $572.73       $3.90
190   Loin, tenderloin, 5-up lbs.             24   44,186   $516.81     ($0.81)
193   Flank, flank steak                      79   84,670   $365.35       $0.22
      Flank, rough                            40   87,031   $288.17       $5.25
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              6   40,508   $364.81       $1.69
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.             4    9,100   $390.00     ($0.43)
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                      12   34,870   $271.94    ($11.86)
--------------------------------------------------------------------------------
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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