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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/15/2015

LM_XB405
Des Moines, IA                 Fri, May 15, 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:               $232.10
Change from prior day:              ($1.08)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $295.92        $165.24       ($0.92)
100% lean inside round                      $344.11          $7.98       ($0.09)
100% lean, flats and eyes                   $349.92          $8.12       ($0.04)
100% lean, S.P.B.                           $369.94         $18.50         $0.01
Chuck Tender                                $303.67          $3.04         $0.04
Knuckle                   4-7 lbs.          $321.83          $8.14         $0.01
Tenderloin                2-3 lbs.          $558.44          $2.96         
Tenderloin                3-4 lbs.          $657.28          $4.86         $0.01
Ribeye Roll               4-6 lbs.          $358.04          $3.76         
Ribeye Roll               6-8 lbs.          $376.51          $2.79       ($0.01)
Ribeye Roll               8up lbs.          $383.68          $2.80         
Flank Steak                                 $386.64          $1.62       ($0.09)
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                 39.65  loads --            1,585,930  pounds
Cutter/Canner Cuts                  4.05  loads --              161,999  pounds
Boner/Breaker/Cutter/Canner        23.85  loads --              953,881  pounds
100% Lean Items                    37.98  loads --            1,519,067  pounds
Frozen Cuts                         3.29  loads --              131,721  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11   16,969   $383.86     ($6.42)
112   Rib, ribeye roll, 8-10 lbs.             53  180,750   $374.43       $1.00
112   Rib, ribeye roll, 10-up lbs.            67   94,224   $400.52       $4.17
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      25   34,045   $514.61       $3.12
112A  Rib, ribeye roll-lip-on, 8-up lbs.      65  203,657   $493.72       $0.29
      Chuck, boneless 85%                      9   95,981   $279.85       $1.85
120   Chuck, brisket                          19  202,115   $230.17       $0.43
168   Round, top inside, 10-dn lbs.            3    2,118   $288.55
168   Round, top inside, 10-up lbs.           30  120,773   $285.38       $5.00
169A  Round, top inside c-off, 8-10 lbs.       3    3,646   $325.14       $3.21
169A  Round, top inside c-off, 10-14 lbs.     35  255,655   $314.91     ($1.24)
169A  Round, top inside c-off, 14-up lbs.      3   23,764   $323.38
171B  Round, outside round                    10   41,300   $301.68     ($4.91)
171C  Round, eye of round                     34   55,516   $327.60       $3.00
      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.            10   18,893   $397.12     ($7.58)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  49  130,733   $312.43       $1.76
185A  Loin, bottom sirloin butt flap, bnls.   44  105,791   $471.96      $10.63
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              50   92,064   $376.72     ($1.29)
112   Rib, ribeye roll, 8-up lbs.             31   62,334   $383.68     ($0.40)
100% LEAN
      Inside round - Combo                    21  291,265   $338.64       $0.25
      Inside round - Boxed                    44  101,232   $359.85     ($3.46)
      Outside round                            3   26,462   $327.97       
      Eye of round                            15   37,685   $340.70     ($3.72)
      Flats and eyes - Combo                  40  553,343   $351.60     ($1.52)
      Flats and eyes - Boxed                            
      Striploin                               63  242,405   $408.51     ($0.06)
      S.P.B. - Combo                          17  266,675   $369.94       $0.06
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31  119,946   $303.67       $3.42
167A  Round, knuckle, peeled                  39  229,629   $321.83       $0.43
190   Loin, tenderloin, 2-3 lbs.              14   12,546   $558.44       $0.01
190   Loin, tenderloin, 3-4 lbs.              36   68,923   $657.28       $1.30
190   Loin, tenderloin, 4-5 lbs.             175  262,207   $712.93       $7.59
190   Loin, tenderloin, 5-up lbs.             33   15,333   $714.90       $6.26
193   Flank, flank steak                     108  120,501   $436.41     ($7.70)
      Flank, rough                            53  124,796   $326.48     ($0.46)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
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.
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                      17   46,315   $257.16    ($12.19)
--------------------------------------------------------------------------------
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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