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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/27/2015

LM_XB405
Des Moines, IA                 Wed, May 27, 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:               $232.48
Change from prior day:                $0.13
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $297.72        $166.25         $0.00
100% lean inside round                      $351.96          $8.17         $0.00
100% lean, flats and eyes                   $352.67          $8.18       ($0.01)
100% lean, S.P.B.                           $355.34         $17.77         $0.07
Chuck Tender                                $308.48          $3.08         $0.02
Knuckle                   4-7 lbs.          $317.50          $8.03       ($0.05)
Tenderloin                2-3 lbs.          $558.48          $2.96         $0.03
Tenderloin                3-4 lbs.          $656.87          $4.86         $0.07
Ribeye Roll               4-6 lbs.          $362.00          $3.80         $0.00
Ribeye Roll               6-8 lbs.          $372.52          $2.76         $0.00
Ribeye Roll               8up lbs.          $381.62          $2.79       ($0.02)
Flank Steak                                 $403.69          $1.70         $0.02
Kidney, Edible                               $38.00          $0.17         $0.00
Fat, inedible                                $17.92          $0.42         $0.00
Bone                                          $6.43          $1.54         $0.00
--------------------------------------------------------------------------------
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                 30.06  loads --            1,202,525  pounds
Cutter/Canner Cuts                  4.84  loads --              193,735  pounds
Boner/Breaker/Cutter/Canner        13.85  loads --              553,868  pounds
100% Lean Items                    24.28  loads --              971,338  pounds
Frozen Cuts                         1.42  loads --               56,637  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7    9,834   $381.31       $4.75
112   Rib, ribeye roll, 8-10 lbs.             50   78,077   $390.66       $2.56
112   Rib, ribeye roll, 10-up lbs.            59   70,619   $393.13       $2.61
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   23,813   $522.37       $0.05
112A  Rib, ribeye roll-lip-on, 8-up lbs.      33   60,629   $496.16       $1.37
      Chuck, boneless 85%                     13  194,299   $277.12       $0.00
120   Chuck, brisket                          20   26,871   $248.73       $5.84
168   Round, top inside, 10-dn lbs.            7   18,626   $286.42     ($0.44)
168   Round, top inside, 10-up lbs.           23   62,626   $287.70       $1.26
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     33  242,337   $322.06       $1.11
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     9   44,650   $306.93     ($0.82)
171C  Round, eye of round                     28   48,814   $328.14     ($2.10)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.   0        0     $0.00
      Loin, Semi-Bnls Short Loin, 13-up lbs.   0        0     $0.00
180   Loin, strip, bnls, 7-9 lbs.              0        0     $0.00
180   Loin, strip, bnls, 9-up lbs.            13   17,956   $392.65       $0.19
182   Loin, sirloin butt                       0        0     $0.00
184   Loin, top sirloin butt                  36   81,623   $323.07     ($2.29)
185A  Loin, bottom sirloin butt flap, bnls.   51  195,414   $435.76       $2.31
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               0        0     $0.00
112   Rib, ribeye roll, 6-8 lbs.              40  134,577   $372.52     ($0.26)
112   Rib, ribeye roll, 8-up lbs.             27   59,158   $381.62     ($3.96)
100% LEAN
      Inside round - Combo                    11  127,047   $351.70       $1.33
      Inside round - Boxed                    36   74,726   $352.39     ($4.19)
      Outside round                            5   30,351   $351.53     ($7.50)
      Eye of round                            10   25,712   $346.24     ($1.25)
      Flats and eyes - Combo                  31  342,167   $353.25       $0.84
      Flats and eyes - Boxed                   0        0     $0.00
      Striploin                               45  144,761   $417.01     ($1.87)
      S.P.B. - Combo                          13  226,574   $355.34       $1.27
      S.P.B. - Boxed                           0        0     $0.00
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31   81,870   $308.48       $2.54
167A  Round, knuckle, peeled                  27   89,642   $317.50     ($1.99)
190   Loin, tenderloin, 2-3 lbs.              11    8,585   $558.48       $5.46
190   Loin, tenderloin, 3-4 lbs.              34   43,595   $656.87       $9.17
190   Loin, tenderloin, 4-5 lbs.             124  156,273   $729.77      $10.71
190   Loin, tenderloin, 5-up lbs.             37   34,366   $650.03    ($11.01)
193   Flank, flank steak                     102   95,040   $450.92     ($6.49)
      Flank, rough                            30   44,497   $342.08     ($0.85)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4    6,000   $341.45    ($24.81)
112   Rib, ribeye roll, 10-up lbs.             0        0     $0.00
112A  Rib, ribeye roll-lip-on, 8-dn lbs.       0        0     $0.00
112A  Rib, ribeye roll-lip-on, 8-up lbs.       0        0     $0.00
169A  Round, top inside c-off, 8-10 lbs.       0        0     $0.00
169A  Round, top inside c-off, 10-14 lbs.      0        0     $0.00
169A  Round, top inside c-off, 14-up lbs.      0        0     $0.00
180   Loin, strip, bnls, 7-9 lbs.              0        0     $0.00
180   Loin, strip, bnls, 9-up lbs.
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               0        0     $0.00
112   Rib, ribeye roll, 6-8 lbs.               0        0     $0.00
112   Rib, ribeye roll, 8-up lbs.              0        0     $0.00
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.               0        0     $0.00
190   Loin, tenderloin, 3-4 lbs.               0        0     $0.00
190   Loin, tenderloin, 4-5 lbs.               3      766   $732.87       $0.00
190   Loin, tenderloin, 5-up lbs.              0        0     $0.00
193   Flank, flank steak                      13   42,265   $297.47       $9.36
--------------------------------------------------------------------------------
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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