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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/13/2015

LM_XB405
Des Moines, IA                 Wed, May 13, 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:               $232.83
Change from prior day:              ($0.43)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $296.11        $165.35       ($0.18)
100% lean inside round                      $350.67          $8.14       ($0.24)
100% lean, flats and eyes                   $364.07          $8.45       ($0.05)
100% lean, S.P.B.                           $369.61         $18.48       ($0.01)
Chuck Tender                                $299.09          $2.99         $0.06
Knuckle                   4-7 lbs.          $321.29          $8.13         
Tenderloin                2-3 lbs.          $558.96          $2.96         $0.02
Tenderloin                3-4 lbs.          $660.05          $4.88       ($0.02)
Ribeye Roll               4-6 lbs.          $362.00          $3.80         
Ribeye Roll               6-8 lbs.          $375.85          $2.78         
Ribeye Roll               8up lbs.          $384.63          $2.81         
Flank Steak                                 $420.66          $1.77       ($0.01)
Kidney, Edible                               $24.00          $0.11         
Fat, inedible                                $17.92          $0.42         
Bone                                          $7.35          $1.76         
--------------------------------------------------------------------------------
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                 43.13  loads --            1,725,093  pounds
Cutter/Canner Cuts                  3.27  loads --              130,900  pounds
Boner/Breaker/Cutter/Canner        24.81  loads --              992,321  pounds
100% Lean Items                    34.75  loads --            1,390,093  pounds
Frozen Cuts                         1.53  loads --               61,388  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              17   25,200   $382.10       $0.02
112   Rib, ribeye roll, 8-10 lbs.             58  252,223   $373.91     ($7.55)
112   Rib, ribeye roll, 10-up lbs.            65   83,529   $396.83       $5.64
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23   39,008   $510.73     ($1.32)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      36   73,518   $490.93     ($6.17)
      Chuck, boneless 85%                      8   90,054   $278.00       
120   Chuck, brisket                          23  217,920   $230.38       $6.90
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           23   92,947   $280.36     ($6.67)
169A  Round, top inside c-off, 8-10 lbs.       3    3,625   $321.35       
169A  Round, top inside c-off, 10-14 lbs.     41  360,801   $316.39     ($0.71)
169A  Round, top inside c-off, 14-up lbs.      3   27,748   $325.29     ($0.24)
171B  Round, outside round                    12   59,940   $306.50     ($0.30)
171C  Round, eye of round                     35   56,647   $321.37     ($1.25)
      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   23,705   $393.62       $0.93
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  57  167,438   $311.02     ($0.51)
185A  Loin, bottom sirloin butt flap, bnls.   57  149,078   $429.03       $9.86
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              46   98,913   $375.87     ($0.06)
112   Rib, ribeye roll, 8-up lbs.             24   31,987   $384.63     ($0.41)
100% LEAN
      Inside round - Combo                    22  256,029   $340.96    ($19.40)
      Inside round - Boxed                    41  180,781   $364.41       $2.48
      Outside round
      Eye of round                            18   38,915   $343.39       $1.44
      Flats and eyes - Combo                  33  403,866   $368.30     ($0.45)
      Flats and eyes - Boxed                            
      Striploin                               62  211,259   $407.02       $0.04
      S.P.B. - Combo                          17  273,975   $369.61     ($0.09)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33  149,807   $299.09       $6.33
167A  Round, knuckle, peeled                  38  274,926   $321.29     ($0.13)
190   Loin, tenderloin, 2-3 lbs.              14   11,981   $558.96       $3.33
190   Loin, tenderloin, 3-4 lbs.              36   69,382   $660.05     ($1.83)
190   Loin, tenderloin, 4-5 lbs.             176  259,579   $702.94     ($3.90)
190   Loin, tenderloin, 5-up lbs.             33   16,014   $708.48      $13.92
193   Flank, flank steak                     110  119,100   $439.97       $2.05
      Flank, rough                            50   91,532   $327.74     ($0.80)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              3   25,920   $356.61       
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                      12   24,170   $325.48    ($15.28)
--------------------------------------------------------------------------------
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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