Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 3/23/2015

Past Market Reports

Report Date: 3/23/2015

LM_XB405
Des Moines, IA                 Mon, Mar 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:               $232.10
Change from prior day:                $0.99
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $296.66        $165.65         $0.79
100% lean inside round                      $372.30          $8.64         $0.03
100% lean, flats and eyes                   $370.58          $8.60         $0.01
100% lean, S.P.B.                           $372.85         $18.64         $0.05
Chuck Tender                                $308.28          $3.08         $0.01
Knuckle                   4-7 lbs.          $319.78          $8.09       ($0.01)
Tenderloin                2-3 lbs.          $497.70          $2.64         $0.01
Tenderloin                3-4 lbs.          $547.00          $4.05         $0.02
Ribeye Roll               4-6 lbs.          $327.76          $3.44         
Ribeye Roll               6-8 lbs.          $343.85          $2.54       ($0.02)
Ribeye Roll               8up lbs.          $378.99          $2.77         $0.02
Flank Steak                                 $381.15          $1.60         $0.03
Kidney, Edible                               $29.40          $0.14         $0.01
Fat, inedible                                $19.43          $0.45         
Bone                                          $7.39          $1.77         $0.04
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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                 39.21  loads --            1,568,268  pounds
Cutter/Canner Cuts                  2.66  loads --              106,235  pounds
Boner/Breaker/Cutter/Canner        26.40  loads --            1,055,928  pounds
100% Lean Items                    23.84  loads --              953,791  pounds
Frozen Cuts                         1.98  loads --               79,048  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              13   11,000   $370.47       $8.26
112   Rib, ribeye roll, 8-10 lbs.             44   99,947   $380.42       $0.78
112   Rib, ribeye roll, 10-up lbs.            65  103,884   $359.93       $1.89
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      31   55,139   $412.43     ($0.60)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      44  220,571   $427.43       $7.56
      Chuck, boneless 85%                     10  116,604   $284.64       $0.96
120   Chuck, brisket                          40  213,455   $264.39     ($0.10)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           26   89,749   $288.13     ($4.24)
169A  Round, top inside c-off, 8-10 lbs.      11   29,258   $337.22     ($0.07)
169A  Round, top inside c-off, 10-14 lbs.     21  134,601   $335.25       $1.06
169A  Round, top inside c-off, 14-up lbs.      5   26,128   $336.83       $0.20
171B  Round, outside round                     7   29,816   $312.36       
171C  Round, eye of round                     28   46,197   $347.16     ($2.55)
      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.            10   16,852   $380.07     ($0.16)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  53  182,243   $312.11       $0.68
185A  Loin, bottom sirloin butt flap, bnls.   56  190,468   $338.70    ($16.86)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              32   63,569   $343.85     ($2.36)
112   Rib, ribeye roll, 8-up lbs.             19   34,926   $378.92       $1.80
100% LEAN
      Inside round - Combo                    13  106,780   $375.26       $0.87
      Inside round - Boxed                    36   66,463   $367.55       $1.14
      Outside round
      Eye of round                            22   63,693   $347.39       $1.06
      Flats and eyes - Combo                  24  267,261   $375.65       $0.07
      Flats and eyes - Boxed                            
      Striploin                               55  226,242   $399.55       $0.61
      S.P.B. - Combo                          15  198,936   $372.85       $1.02
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32  132,830   $308.28       $0.84
167A  Round, knuckle, peeled                  41  434,663   $319.78     ($0.45)
190   Loin, tenderloin, 2-3 lbs.               8    6,915   $497.70       $1.50
190   Loin, tenderloin, 3-4 lbs.              38   55,375   $547.00       $2.34
190   Loin, tenderloin, 4-5 lbs.             153  183,630   $596.06      $10.88
190   Loin, tenderloin, 5-up lbs.             23   12,335   $607.85     ($1.72)
193   Flank, flank steak                     117  135,875   $409.63       $6.59
      Flank, rough                            40   94,305   $308.99       $0.04
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   28,681   $343.16     ($9.77)
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                      19   42,755   $290.63       $9.22
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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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