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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 4/29/2015

LM_XB405
Des Moines, IA                 Wed, Apr 29, 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:               $233.26
Change from prior day:              ($1.20)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $296.29        $165.45       ($1.25)
100% lean inside round                      $366.29          $8.50       ($0.02)
100% lean, flats and eyes                   $368.30          $8.54         $0.02
100% lean, S.P.B.                           $373.80         $18.69         
Chuck Tender                                $301.86          $3.02         $0.02
Knuckle                   4-7 lbs.          $319.75          $8.09         $0.05
Tenderloin                2-3 lbs.          $534.30          $2.83       ($0.03)
Tenderloin                3-4 lbs.          $676.92          $5.01         $0.05
Ribeye Roll               4-6 lbs.          $352.76          $3.70         
Ribeye Roll               6-8 lbs.          $369.96          $2.74         
Ribeye Roll               8up lbs.          $376.15          $2.75       ($0.02)
Flank Steak                                 $381.39          $1.60       ($0.02)
Kidney, Edible                               $27.21          $0.13         
Fat, inedible                                $17.92          $0.42         
Bone                                          $7.47          $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                 36.20  loads --            1,447,830  pounds
Cutter/Canner Cuts                  3.92  loads --              156,808  pounds
Boner/Breaker/Cutter/Canner        19.39  loads --              775,428  pounds
100% Lean Items                    32.16  loads --            1,286,281  pounds
Frozen Cuts                         5.36  loads --              214,276  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              19   58,547   $377.14     ($0.23)
112   Rib, ribeye roll, 8-10 lbs.             56  168,934   $388.18     ($0.82)
112   Rib, ribeye roll, 10-up lbs.            62   71,440   $401.32       $0.56
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      15   15,556   $544.00       $0.33
112A  Rib, ribeye roll-lip-on, 8-up lbs.      40   94,831   $481.65     ($3.74)
      Chuck, boneless 85%                      9  131,109   $279.06       
120   Chuck, brisket                           9   30,520   $240.64       $2.52
168   Round, top inside, 10-dn lbs.            4    6,757   $286.23     ($0.07)
168   Round, top inside, 10-up lbs.           27  116,508   $290.82       $4.78
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     39  359,787   $332.65     ($0.36)
169A  Round, top inside c-off, 14-up lbs.      4   23,913   $333.28
171B  Round, outside round                    10   25,927   $308.12       $1.06
171C  Round, eye of round                     25   35,426   $318.92     ($4.72)
      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.            18   24,720   $384.36       $6.47
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  42  124,805   $324.01     ($2.71)
185A  Loin, bottom sirloin butt flap, bnls.   50  150,084   $408.95     ($3.54)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              36   82,714   $369.75     ($0.70)
112   Rib, ribeye roll, 8-up lbs.             29   74,094   $375.51     ($3.56)
100% LEAN
      Inside round - Combo                    14  164,315   $363.22       $0.04
      Inside round - Boxed                    32   62,944   $374.31       $0.90
      Outside round
      Eye of round                            22   83,917   $341.48       $0.76
      Flats and eyes - Combo                  27  378,266   $374.37       $0.06
      Flats and eyes - Boxed                            
      Striploin                               58  283,211   $408.64       $3.83
      S.P.B. - Combo                          19  294,856   $373.80     ($0.09)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     26   95,603   $301.86       $2.08
167A  Round, knuckle, peeled                  31  208,688   $319.75       $1.77
190   Loin, tenderloin, 2-3 lbs.              16   19,882   $534.30     ($4.91)
190   Loin, tenderloin, 3-4 lbs.              32   66,328   $676.92       $6.87
190   Loin, tenderloin, 4-5 lbs.             150  199,937   $676.25       $8.46
190   Loin, tenderloin, 5-up lbs.             35   19,104   $686.63      $23.60
193   Flank, flank steak                      89   81,681   $428.60       $0.84
      Flank, rough                            45   84,205   $321.92     ($0.20)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4   16,050   $379.12      $37.23
112   Rib, ribeye roll, 10-up lbs.             3   52,556   $370.08       
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.               5   32,767   $370.47     ($0.23)
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                      14   33,681   $266.90     ($4.02)
--------------------------------------------------------------------------------
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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