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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 6/1/2015

LM_XB405
Des Moines, IA                 Mon, Jun 01, 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:               $232.49
Change from prior day:                $0.36
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $298.28        $166.56         $0.30
100% lean inside round                      $347.55          $8.06         
100% lean, flats and eyes                   $346.91          $8.05         $0.01
100% lean, S.P.B.                           $350.77         $17.54         $0.03
Chuck Tender                                $305.76          $3.06         $0.02
Knuckle                   4-7 lbs.          $318.73          $8.06       ($0.04)
Tenderloin                2-3 lbs.          $546.38          $2.90         
Tenderloin                3-4 lbs.          $655.65          $4.85       ($0.01)
Ribeye Roll               4-6 lbs.          $375.00          $3.94         
Ribeye Roll               6-8 lbs.          $372.82          $2.76         $0.01
Ribeye Roll               8up lbs.          $378.46          $2.76         
Flank Steak                                 $430.57          $1.81         $0.03
Kidney, Edible                               $17.00          $0.08       ($0.09)
Fat, inedible                                $17.92          $0.42         
Bone                                          $6.84          $1.64         $0.10
--------------------------------------------------------------------------------
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                 35.87  loads --            1,434,786  pounds
Cutter/Canner Cuts                  5.33  loads --              213,239  pounds
Boner/Breaker/Cutter/Canner        21.26  loads --              850,283  pounds
100% Lean Items                    46.97  loads --            1,878,622  pounds
Frozen Cuts                         1.99  loads --               79,697  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              16   57,435   $389.74       $1.51
112   Rib, ribeye roll, 8-10 lbs.             62  103,700   $393.33     ($4.24)
112   Rib, ribeye roll, 10-up lbs.            63   77,065   $393.57       $1.71
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23   35,431   $523.97       $0.13
112A  Rib, ribeye roll-lip-on, 8-up lbs.      37   93,426   $502.35       $7.20
      Chuck, boneless 85%                     21  330,382   $272.44       $2.64
120   Chuck, brisket                          18   28,885   $252.95       $0.31
168   Round, top inside, 10-dn lbs.            7    7,295   $287.60       $0.79
168   Round, top inside, 10-up lbs.           26   76,225   $288.33     ($0.07)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     40  292,795   $321.85     ($0.13)
169A  Round, top inside c-off, 14-up lbs.      4   22,552   $317.27       $1.35
171B  Round, outside round                    11   53,575   $307.93     ($4.03)
171C  Round, eye of round                     33   54,109   $327.53     ($1.53)
      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   17,436   $394.43       
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  40  100,369   $322.62       $0.98
185A  Loin, bottom sirloin butt flap, bnls.   47   76,622   $493.10       $0.29
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              43  169,340   $372.82       $1.28
112   Rib, ribeye roll, 8-up lbs.             26   43,899   $378.46       $0.26
100% LEAN
      Inside round - Combo                    22  299,149   $347.38     ($0.47)
      Inside round - Boxed                    45  120,412   $347.99       $1.52
      Outside round                            6   46,053   $349.23     ($1.17)
      Eye of round                            14   44,432   $336.67    ($20.06)
      Flats and eyes - Combo                  47  615,968   $347.48       $1.36
      Flats and eyes - Boxed                            
      Striploin                               63  271,832   $416.02       $3.79
      S.P.B. - Combo                          32  480,776   $350.77       $0.54
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     29  111,540   $305.76       $1.30
167A  Round, knuckle, peeled                  38  187,534   $318.73     ($1.39)
190   Loin, tenderloin, 2-3 lbs.              19   25,921   $546.38     ($0.23)
190   Loin, tenderloin, 3-4 lbs.              40   56,129   $655.65     ($1.08)
190   Loin, tenderloin, 4-5 lbs.             165  258,792   $703.95     ($0.84)
190   Loin, tenderloin, 5-up lbs.             37   29,679   $653.86       $3.70
193   Flank, flank steak                     102   93,946   $450.88       $6.40
      Flank, rough                            44   86,742   $340.23     ($1.39)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   18,323   $348.65       
112   Rib, ribeye roll, 8-10 lbs.              4   30,032   $344.83      $18.16
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                      14   30,522   $368.03       $0.61
--------------------------------------------------------------------------------
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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