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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 4/3/2015

LM_XB405
Des Moines, IA                 Fri, Apr 03, 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:               $231.36
Change from prior day:                $0.17
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $295.09        $164.78         
100% lean inside round                      $368.47          $8.55       ($0.01)
100% lean, flats and eyes                   $370.12          $8.59       ($0.02)
100% lean, S.P.B.                           $374.23         $18.71         
Chuck Tender                                $304.03          $3.04         
Knuckle                   4-7 lbs.          $320.40          $8.11         $0.03
Tenderloin                2-3 lbs.          $496.63          $2.63         
Tenderloin                3-4 lbs.          $583.07          $4.31       ($0.03)
Ribeye Roll               4-6 lbs.          $325.08          $3.41         $0.18
Ribeye Roll               6-8 lbs.          $342.45          $2.53         $0.02
Ribeye Roll               8up lbs.          $376.86          $2.75       ($0.02)
Flank Steak                                 $375.17          $1.58         $0.02
Kidney, Edible                               $27.50          $0.13         
Fat, inedible                                $19.43          $0.45         
Bone                                          $7.45          $1.79         
--------------------------------------------------------------------------------
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                 34.40  loads --            1,376,129  pounds
Cutter/Canner Cuts                  5.36  loads --              214,305  pounds
Boner/Breaker/Cutter/Canner        24.37  loads --              974,918  pounds
100% Lean Items                    30.35  loads --            1,213,860  pounds
Frozen Cuts                         2.07  loads --               82,652  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              15   28,548   $380.22       $0.97
112   Rib, ribeye roll, 8-10 lbs.             51  157,185   $378.70     ($0.10)
112   Rib, ribeye roll, 10-up lbs.            81  113,603   $384.17       $1.13
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      26   35,702   $438.28       $0.37
112A  Rib, ribeye roll-lip-on, 8-up lbs.      59  202,573   $474.33       $3.57
      Chuck, boneless 85%                      8   91,029   $288.51       $1.23
120   Chuck, brisket                          24  134,945   $265.82     ($0.68)
168   Round, top inside, 10-dn lbs.           10    8,667   $286.88       $2.31
168   Round, top inside, 10-up lbs.           24   92,272   $296.92     ($4.29)
169A  Round, top inside c-off, 8-10 lbs.       5   19,020   $338.03     ($0.34)
169A  Round, top inside c-off, 10-14 lbs.     22  135,340   $337.53       $0.47
169A  Round, top inside c-off, 14-up lbs.      4   18,388   $337.96       $0.24
171B  Round, outside round                     7   18,240   $317.11       $2.99
171C  Round, eye of round                     48   61,521   $343.57       $2.13
      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.            15   27,160   $368.63     ($0.46)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  43  156,313   $319.93       $1.11
185A  Loin, bottom sirloin butt flap, bnls.   45   75,323   $376.51       $6.75
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4    6,321   $334.89       $9.99
112   Rib, ribeye roll, 6-8 lbs.              41  131,830   $347.79       $2.19
112   Rib, ribeye roll, 8-up lbs.             25   76,154   $376.86     ($2.63)
100% LEAN
      Inside round - Combo                    15   95,561   $369.79     ($2.30)
      Inside round - Boxed                    42  121,032   $367.42       $1.31
      Outside round
      Eye of round                            18   56,979   $343.57       $0.14
      Flats and eyes - Combo                  27  359,322   $374.00     ($1.53)
      Flats and eyes - Boxed                            
      Striploin                               61  291,023   $400.79       $3.17
      S.P.B. - Combo                          15  267,573   $374.23       
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     35  123,062   $304.03       $0.17
167A  Round, knuckle, peeled                  44  273,722   $320.40       $1.19
190   Loin, tenderloin, 2-3 lbs.              17   18,308   $496.63       $0.40
190   Loin, tenderloin, 3-4 lbs.              59  130,554   $583.07     ($3.58)
190   Loin, tenderloin, 4-5 lbs.             160  258,097   $607.53       $9.06
190   Loin, tenderloin, 5-up lbs.             30   16,044   $603.05     ($1.54)
193   Flank, flank steak                     105  101,635   $421.63       $1.24
      Flank, rough                            35   53,496   $329.36       $0.31
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   19,800   $367.02
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                      11   38,890   $253.75    ($13.07)
--------------------------------------------------------------------------------
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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