Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 5/22/2015

Past Market Reports

Report Date: 5/22/2015

LM_XB405
Des Moines, IA                 Fri, May 22, 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:               $232.31
Change from prior day:              ($0.42)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $297.05        $165.87         $0.01
100% lean inside round                      $347.09          $8.05       ($0.09)
100% lean, flats and eyes                   $353.84          $8.21       ($0.04)
100% lean, S.P.B.                           $357.60         $17.88       ($0.22)
Chuck Tender                                $305.90          $3.06         
Knuckle                   4-7 lbs.          $319.53          $8.08       ($0.03)
Tenderloin                2-3 lbs.          $565.66          $3.00         $0.01
Tenderloin                3-4 lbs.          $654.94          $4.85       ($0.01)
Ribeye Roll               4-6 lbs.          $362.00          $3.80       ($0.01)
Ribeye Roll               6-8 lbs.          $373.36          $2.76         $0.01
Ribeye Roll               8up lbs.          $385.02          $2.81         
Flank Steak                                 $406.96          $1.71       ($0.05)
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                 33.63  loads --            1,345,385  pounds
Cutter/Canner Cuts                  3.55  loads --              141,813  pounds
Boner/Breaker/Cutter/Canner        19.30  loads --              772,029  pounds
100% Lean Items                    35.19  loads --            1,407,685  pounds
Frozen Cuts                         1.90  loads --               76,134  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              14   25,000   $379.56     ($0.81)
112   Rib, ribeye roll, 8-10 lbs.             74  125,505   $395.27       $1.00
112   Rib, ribeye roll, 10-up lbs.            56   81,094   $390.14     ($5.76)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      12   12,341   $523.72     ($1.73)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      33   83,078   $483.51     ($6.79)
      Chuck, boneless 85%                     10  177,666   $275.18     ($5.91)
120   Chuck, brisket                          15   33,850   $240.01       $0.06
168   Round, top inside, 10-dn lbs.            7   22,371   $288.07       $0.35
168   Round, top inside, 10-up lbs.           25   66,381   $287.53     ($1.72)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     27  199,136   $320.59       $0.50
169A  Round, top inside c-off, 14-up lbs.      3   19,458   $319.71     ($0.72)
171B  Round, outside round                    11   55,949   $303.20       $4.14
171C  Round, eye of round                     26   43,941   $324.82     ($2.51)
      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.            13   13,619   $396.27       $0.49
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  44   87,311   $323.76       $1.23
185A  Loin, bottom sirloin butt flap, bnls.   72  280,825   $430.31       $9.58
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              46   79,950   $373.36       $1.54
112   Rib, ribeye roll, 8-up lbs.             32   61,863   $385.02       $0.43
100% LEAN
      Inside round - Combo                    15  187,301   $342.17     ($5.68)
      Inside round - Boxed                    38   91,998   $357.11       $0.16
      Outside round                            4   50,934   $358.00       $3.94
      Eye of round                            11   27,855   $348.38       $0.42
      Flats and eyes - Combo                  36  412,361   $353.70     ($2.64)
      Flats and eyes - Boxed                            
      Striploin                               63  308,910   $414.09     ($0.17)
      S.P.B. - Combo                          19  328,326   $357.60     ($4.46)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31   74,804   $305.90       $0.16
167A  Round, knuckle, peeled                  40  227,443   $319.53     ($0.96)
190   Loin, tenderloin, 2-3 lbs.              13    9,712   $565.66       $1.08
190   Loin, tenderloin, 3-4 lbs.              40   58,930   $654.94     ($1.47)
190   Loin, tenderloin, 4-5 lbs.             135  191,677   $702.05    ($10.16)
190   Loin, tenderloin, 5-up lbs.             27   15,800   $698.22     ($1.54)
193   Flank, flank steak                     106  106,217   $457.95       $6.18
      Flank, rough                            46   87,446   $333.35       $2.74
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              5   10,390   $366.35     ($1.74)
112   Rib, ribeye roll, 10-up lbs.             3   13,362   $371.62       
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                      14   46,066   $289.38    ($20.56)
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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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