Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 5/19/2015

Past Market Reports

Report Date: 5/19/2015

LM_XB405
Des Moines, IA                 Tue, May 19, 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:               $232.21
Change from prior day:              ($0.37)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $296.42        $165.52       ($0.41)
100% lean inside round                      $341.72          $7.93         
100% lean, flats and eyes                   $348.24          $8.08       ($0.04)
100% lean, S.P.B.                           $363.52         $18.18       ($0.14)
Chuck Tender                                $311.23          $3.11         $0.02
Knuckle                   4-7 lbs.          $319.97          $8.10       ($0.04)
Tenderloin                2-3 lbs.          $569.93          $3.02         $0.05
Tenderloin                3-4 lbs.          $664.40          $4.92         $0.03
Ribeye Roll               4-6 lbs.          $358.04          $3.76         
Ribeye Roll               6-8 lbs.          $401.28          $2.97         $0.19
Ribeye Roll               8up lbs.          $382.30          $2.79         
Flank Steak                                 $381.83          $1.60       ($0.03)
Kidney, Edible                               $22.00          $0.10         
Fat, inedible                                $17.92          $0.42         
Bone                                          $7.12          $1.71         
--------------------------------------------------------------------------------
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                 34.10  loads --            1,363,970  pounds
Cutter/Canner Cuts                  3.80  loads --              152,068  pounds
Boner/Breaker/Cutter/Canner        18.02  loads --              720,998  pounds
100% Lean Items                    39.80  loads --            1,591,981  pounds
Frozen Cuts                         3.39  loads --              135,629  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              14   20,926   $384.11       $1.73
112   Rib, ribeye roll, 8-10 lbs.             71  191,309   $381.54       $7.54
112   Rib, ribeye roll, 10-up lbs.            46   72,317   $393.67     ($8.63)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   19,806   $521.01       $4.20
112A  Rib, ribeye roll-lip-on, 8-up lbs.      61  191,296   $487.51     ($4.85)
      Chuck, boneless 85%                      9  133,981   $277.45       
120   Chuck, brisket                          10   96,353   $240.17       $9.62
168   Round, top inside, 10-dn lbs.            5    9,746   $289.30       $0.75
168   Round, top inside, 10-up lbs.           25   74,214   $289.83       $2.14
169A  Round, top inside c-off, 8-10 lbs.       3   19,699   $319.04
169A  Round, top inside c-off, 10-14 lbs.     27  190,360   $319.18       $6.77
169A  Round, top inside c-off, 14-up lbs.      5   21,388   $320.43
171B  Round, outside round                     7   19,830   $296.93     ($3.14)
171C  Round, eye of round                     23   36,542   $324.10     ($8.28)
      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   16,309   $392.13     ($2.38)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  37   58,070   $325.47       $0.51
185A  Loin, bottom sirloin butt flap, bnls.   61  191,824   $453.65    ($17.73)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              44   73,019   $401.28      $25.44
112   Rib, ribeye roll, 8-up lbs.             30   71,448   $382.30     ($0.13)
100% LEAN
      Inside round - Combo                    22  307,203   $337.09       $0.84
      Inside round - Boxed                    39   88,595   $357.80     ($0.20)
      Outside round                            5   48,225   $329.46       $7.53
      Eye of round                             9   20,564   $347.93      $11.38
      Flats and eyes - Combo                  40  524,266   $349.98     ($2.41)
      Flats and eyes - Boxed                            
      Striploin                               58  283,939   $411.56       $5.68
      S.P.B. - Combo                          18  319,189   $363.52     ($2.82)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     21   46,690   $311.23       $2.23
167A  Round, knuckle, peeled                  36  168,753   $319.97     ($1.59)
190   Loin, tenderloin, 2-3 lbs.              11    7,454   $569.93       $9.74
190   Loin, tenderloin, 3-4 lbs.              33   53,542   $664.40       $3.98
190   Loin, tenderloin, 4-5 lbs.             152  198,426   $706.86       $8.47
190   Loin, tenderloin, 5-up lbs.             25    7,985   $755.30       $9.61
193   Flank, flank steak                      97   93,842   $446.24       $2.99
      Flank, rough                            52  144,306   $326.99     ($0.23)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              3    4,200   $340.14       
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                      18   53,741   $269.36      $20.92
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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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