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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 4/21/2015

LM_XB405
Des Moines, IA                 Tue, Apr 21, 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:               $235.23
Change from prior day:                $1.81
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $300.23        $167.65         $1.73
100% lean inside round                      $369.95          $8.58         $0.09
100% lean, flats and eyes                   $371.05          $8.61         
100% lean, S.P.B.                           $375.46         $18.77         
Chuck Tender                                $300.02          $3.00         
Knuckle                   4-7 lbs.          $315.33          $7.98       ($0.03)
Tenderloin                2-3 lbs.          $523.32          $2.77       ($0.01)
Tenderloin                3-4 lbs.          $633.67          $4.69         $0.03
Ribeye Roll               4-6 lbs.          $352.76          $3.70         
Ribeye Roll               6-8 lbs.          $372.86          $2.76         
Ribeye Roll               8up lbs.          $372.85          $2.72         
Flank Steak                                 $386.25          $1.62         
Kidney, Edible                               $22.50          $0.10         
Fat, inedible                                $19.43          $0.45         
Bone                                          $7.61          $1.83         
--------------------------------------------------------------------------------
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                 40.75  loads --            1,630,055  pounds
Cutter/Canner Cuts                  4.84  loads --              193,789  pounds
Boner/Breaker/Cutter/Canner        18.11  loads --              724,411  pounds
100% Lean Items                    26.89  loads --            1,075,691  pounds
Frozen Cuts                         4.14  loads --              165,626  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              16   44,346   $382.83       $3.07
112   Rib, ribeye roll, 8-10 lbs.             67  304,895   $378.93       $0.87
112   Rib, ribeye roll, 10-up lbs.            60   58,858   $406.24       $1.52
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      17   11,361   $515.02       $6.43
112A  Rib, ribeye roll-lip-on, 8-up lbs.      45  100,876   $493.84       $4.34
      Chuck, boneless 85%                     10  151,584   $283.17     ($0.27)
120   Chuck, brisket                          25  186,922   $251.66    ($10.16)
168   Round, top inside, 10-dn lbs.            8    7,839   $289.97     ($6.27)
168   Round, top inside, 10-up lbs.           26  127,751   $292.03     ($0.04)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     26  209,257   $333.93     ($0.03)
169A  Round, top inside c-off, 14-up lbs.      3   20,099   $334.96     ($0.11)
171B  Round, outside round                     5   26,990   $307.55       $8.92
171C  Round, eye of round                     33   62,129   $321.93    ($17.64)
      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.             9   17,824   $374.77       $0.21
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  38  139,138   $327.72     ($0.12)
185A  Loin, bottom sirloin butt flap, bnls.   57  149,302   $406.98       $2.44
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              50   92,091   $372.91       $0.58
112   Rib, ribeye roll, 8-up lbs.             29   94,088   $372.85       $0.32
100% LEAN
      Inside round - Combo                    11   69,923   $372.43       $4.46
      Inside round - Boxed                    31   47,991   $366.34       $2.13
      Outside round
      Eye of round                            20   50,747   $342.08     ($3.94)
      Flats and eyes - Combo                  22  297,615   $375.79     ($0.15)
      Flats and eyes - Boxed                            
      Striploin                               71  343,290   $401.73     ($0.80)
      S.P.B. - Combo                          18  253,215   $375.46       
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     24   99,237   $300.02     ($0.16)
167A  Round, knuckle, peeled                  33  148,856   $315.33     ($1.37)
190   Loin, tenderloin, 2-3 lbs.              13   20,094   $523.32     ($1.38)
190   Loin, tenderloin, 3-4 lbs.              32   70,370   $633.67       $3.73
190   Loin, tenderloin, 4-5 lbs.             121  180,089   $665.70      $11.65
190   Loin, tenderloin, 5-up lbs.             35   14,163   $642.20      $33.88
193   Flank, flank steak                      99  102,831   $431.77       $0.74
      Flank, rough                            52   88,771   $327.55       $1.22
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   22,630   $339.13       
112   Rib, ribeye roll, 8-10 lbs.              6   44,625   $337.03       
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                       9   42,965   $277.30       
--------------------------------------------------------------------------------
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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