Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 5/7/2015

Past Market Reports

Report Date: 5/7/2015

LM_XB405
Des Moines, IA                 Thu, May 07, 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:               $233.15
Change from prior day:                $1.08
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $296.15        $165.37         $1.03
100% lean inside round                      $366.80          $8.51         $0.01
100% lean, flats and eyes                   $362.31          $8.41       ($0.02)
100% lean, S.P.B.                           $367.35         $18.37       ($0.05)
Chuck Tender                                $290.65          $2.91         $0.02
Knuckle                   4-7 lbs.          $322.72          $8.16       ($0.03)
Tenderloin                2-3 lbs.          $562.33          $2.98         $0.01
Tenderloin                3-4 lbs.          $674.56          $4.99         $0.03
Ribeye Roll               4-6 lbs.          $362.00          $3.80         
Ribeye Roll               6-8 lbs.          $369.56          $2.73       ($0.01)
Ribeye Roll               8up lbs.          $387.53          $2.83         $0.02
Flank Steak                                 $417.10          $1.75         $0.07
Kidney, Edible                               $22.00          $0.10         
Fat, inedible                                $17.92          $0.42         
Bone                                          $7.58          $1.82         
--------------------------------------------------------------------------------
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                 36.06  loads --            1,442,205  pounds
Cutter/Canner Cuts                  3.59  loads --              143,614  pounds
Boner/Breaker/Cutter/Canner        19.61  loads --              784,264  pounds
100% Lean Items                    23.97  loads --              958,843  pounds
Frozen Cuts                         3.32  loads --              132,767  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              18   48,188   $385.42     ($1.00)
112   Rib, ribeye roll, 8-10 lbs.             57  105,708   $390.67     ($1.98)
112   Rib, ribeye roll, 10-up lbs.            56   73,077   $392.27     ($0.80)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      19   33,978   $512.05    ($11.43)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      58  276,295   $495.08     ($1.63)
      Chuck, boneless 85%                     11  121,318   $276.58     ($0.38)
120   Chuck, brisket                          15   51,380   $236.65       $6.12
168   Round, top inside, 10-dn lbs.            5   16,066   $285.04       
168   Round, top inside, 10-up lbs.           21   76,787   $289.96     ($1.10)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     20  150,877   $323.42     ($3.24)
169A  Round, top inside c-off, 14-up lbs.      5   35,727   $330.78       $0.59
171B  Round, outside round                     7   23,290   $311.29       
171C  Round, eye of round                     28   44,235   $323.74     ($2.72)
      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.            14   24,411   $390.33     ($2.70)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  46  147,220   $319.37       $1.23
185A  Loin, bottom sirloin butt flap, bnls.   64  213,498   $430.89    ($15.90)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              40   89,849   $369.43     ($0.57)
112   Rib, ribeye roll, 8-up lbs.             32   53,765   $387.53       $2.17
100% LEAN
      Inside round - Combo                    16  133,922   $365.87       $1.85
      Inside round - Boxed                    28   47,736   $369.44     ($1.13)
      Outside round
      Eye of round                            14   42,023   $334.63     ($1.27)
      Flats and eyes - Combo                  27  344,258   $364.97     ($0.64)
      Flats and eyes - Boxed                            
      Striploin                               64  162,295   $412.42       $6.04
      S.P.B. - Combo                          15  202,150   $367.35     ($1.11)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33  128,872   $290.65       $1.84
167A  Round, knuckle, peeled                  36  242,081   $322.72     ($0.87)
190   Loin, tenderloin, 2-3 lbs.              10    8,682   $562.33       $1.67
190   Loin, tenderloin, 3-4 lbs.              33   30,001   $674.56       $4.93
190   Loin, tenderloin, 4-5 lbs.             140  190,003   $682.88     ($2.14)
190   Loin, tenderloin, 5-up lbs.             30   14,039   $694.60       $0.55
193   Flank, flank steak                     105  100,990   $423.50       $0.12
      Flank, rough                            40   69,596   $333.49       $0.65
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6   48,404   $349.25       
112   Rib, ribeye roll, 8-10 lbs.
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.               3   43,980   $362.00       
112   Rib, ribeye roll, 6-8 lbs.               4   21,226   $370.09       
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                       7   15,150   $374.39     $103.36
--------------------------------------------------------------------------------
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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