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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 4/23/2015

LM_XB405
Des Moines, IA                 Thu, Apr 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:               $233.64
Change from prior day:                $1.05
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $296.88        $165.78         $0.80
100% lean inside round                      $368.27          $8.54       ($0.08)
100% lean, flats and eyes                   $370.18          $8.59         $0.01
100% lean, S.P.B.                           $376.05         $18.80         $0.04
Chuck Tender                                $298.96          $2.99         
Knuckle                   4-7 lbs.          $314.15          $7.95         $0.01
Tenderloin                2-3 lbs.          $527.90          $2.80         
Tenderloin                3-4 lbs.          $653.27          $4.83         $0.12
Ribeye Roll               4-6 lbs.          $352.76          $3.70         
Ribeye Roll               6-8 lbs.          $371.83          $2.75         
Ribeye Roll               8up lbs.          $377.25          $2.75         
Flank Steak                                 $423.59          $1.78         $0.15
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                 39.39  loads --            1,575,401  pounds
Cutter/Canner Cuts                  4.00  loads --              159,819  pounds
Boner/Breaker/Cutter/Canner        20.09  loads --              803,619  pounds
100% Lean Items                    29.91  loads --            1,196,319  pounds
Frozen Cuts                         1.24  loads --               49,764  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              20   43,733   $380.80       $0.25
112   Rib, ribeye roll, 8-10 lbs.             69  322,114   $378.31       $0.07
112   Rib, ribeye roll, 10-up lbs.            64   79,338   $402.65       $1.51
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      15    9,985   $517.60       $0.21
112A  Rib, ribeye roll-lip-on, 8-up lbs.      36   88,931   $486.69     ($3.68)
      Chuck, boneless 85%                      9  131,584   $279.70       
120   Chuck, brisket                          22  159,531   $250.17     ($0.45)
168   Round, top inside, 10-dn lbs.            8   13,348   $287.06     ($0.56)
168   Round, top inside, 10-up lbs.           30  125,332   $282.14     ($5.68)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     18  135,630   $335.08       $1.56
169A  Round, top inside c-off, 14-up lbs.      3   20,099   $334.96       
171B  Round, outside round                     4   20,908   $310.14       $1.70
171C  Round, eye of round                     40   58,921   $325.31       $1.04
      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.            13   19,230   $379.16       $3.93
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  37  191,443   $327.45     ($0.79)
185A  Loin, bottom sirloin butt flap, bnls.   42  142,890   $411.04       $8.20
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              45   89,447   $371.81     ($0.43)
112   Rib, ribeye roll, 8-up lbs.             32   70,372   $377.25       $0.63
100% LEAN
      Inside round - Combo                    10   99,250   $364.58     ($7.34)
      Inside round - Boxed                    33  116,001   $371.43       $0.07
      Outside round
      Eye of round                            19   59,686   $336.90     ($0.92)
      Flats and eyes - Combo                  23  322,641   $376.11       $0.42
      Flats and eyes - Boxed                            
      Striploin                               65  330,266   $401.84       $0.93
      S.P.B. - Combo                          17  255,565   $376.05       $0.95
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     23   98,848   $298.96     ($0.37)
167A  Round, knuckle, peeled                  43  203,808   $314.15       $0.32
190   Loin, tenderloin, 2-3 lbs.              11   10,862   $527.90     ($0.18)
190   Loin, tenderloin, 3-4 lbs.              35   84,638   $653.27      $17.15
190   Loin, tenderloin, 4-5 lbs.             123  191,889   $661.05       $1.30
190   Loin, tenderloin, 5-up lbs.             31   10,498   $634.59     ($7.10)
193   Flank, flank steak                      98  109,521   $427.02     ($3.08)
      Flank, rough                            50   93,555   $323.75     ($4.37)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              3    8,700   $340.41
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
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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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