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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 6/3/2015

LM_XB405
Des Moines, IA                 Wed, Jun 03, 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:               $230.38
Change from prior day:              ($1.80)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $295.59        $165.06       ($1.49)
100% lean inside round                      $340.93          $7.91       ($0.06)
100% lean, flats and eyes                   $342.87          $7.95       ($0.04)
100% lean, S.P.B.                           $346.72         $17.34       ($0.04)
Chuck Tender                                $305.38          $3.05         
Knuckle                   4-7 lbs.          $317.02          $8.02       ($0.05)
Tenderloin                2-3 lbs.          $540.05          $2.86       ($0.05)
Tenderloin                3-4 lbs.          $648.46          $4.80       ($0.05)
Ribeye Roll               4-6 lbs.          $375.00          $3.94         
Ribeye Roll               6-8 lbs.          $374.88          $2.77         $0.02
Ribeye Roll               8up lbs.          $375.57          $2.74       ($0.01)
Flank Steak                                 $427.44          $1.80       ($0.03)
Kidney, Edible                               $17.00          $0.08         
Fat, inedible                                $17.92          $0.42         
Bone                                          $6.84          $1.64         
--------------------------------------------------------------------------------
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                 32.24  loads --            1,289,502  pounds
Cutter/Canner Cuts                  3.21  loads --              128,220  pounds
Boner/Breaker/Cutter/Canner        22.01  loads --              880,507  pounds
100% Lean Items                    39.01  loads --            1,560,558  pounds
Frozen Cuts                         4.52  loads --              180,685  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              15   57,870   $388.76       
112   Rib, ribeye roll, 8-10 lbs.             59  149,825   $389.06     ($1.79)
112   Rib, ribeye roll, 10-up lbs.            45   54,364   $395.04     ($0.76)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      13   22,527   $526.43       $1.31
112A  Rib, ribeye roll-lip-on, 8-up lbs.      38  146,269   $487.70    ($12.67)
      Chuck, boneless 85%                     11  187,749   $268.09       
120   Chuck, brisket                          14   36,802   $242.64     ($5.37)
168   Round, top inside, 10-dn lbs.            6    6,512   $289.79
168   Round, top inside, 10-up lbs.           26   92,266   $292.68       $3.77
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     23  133,929   $322.43     ($1.11)
169A  Round, top inside c-off, 14-up lbs.      5   33,409   $321.97       
171B  Round, outside round                    13   85,942   $308.42       $1.70
171C  Round, eye of round                     22   36,050   $326.13       
      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.            11   15,889   $398.53       $0.35
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  34  107,226   $322.14       $0.98
185A  Loin, bottom sirloin butt flap, bnls.   52  122,483   $453.41       $8.78
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              34  109,838   $374.88       $2.78
112   Rib, ribeye roll, 8-up lbs.             19   18,382   $375.57     ($0.55)
100% LEAN
      Inside round - Combo                    23  310,559   $339.18     ($2.23)
      Inside round - Boxed                    39  110,973   $345.84     ($1.68)
      Outside round                            3   26,789   $347.90     ($0.35)
      Eye of round                            15   48,468   $333.39       $3.68
      Flats and eyes - Combo                  37  446,373   $343.60     ($2.11)
      Flats and eyes - Boxed                            
      Striploin                               67  291,373   $418.20       $2.30
      S.P.B. - Combo                          25  326,023   $346.72     ($0.97)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     23   89,996   $305.38       $0.07
167A  Round, knuckle, peeled                  36  239,026   $317.02     ($1.94)
190   Loin, tenderloin, 2-3 lbs.              21   30,392   $540.05     ($8.74)
190   Loin, tenderloin, 3-4 lbs.              36   71,487   $648.46     ($6.51)
190   Loin, tenderloin, 4-5 lbs.             144  229,589   $686.80    ($10.00)
190   Loin, tenderloin, 5-up lbs.             22   13,124   $677.47       $2.44
193   Flank, flank steak                      96   99,290   $455.56       $5.28
      Flank, rough                            49  107,603   $337.43     ($1.88)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   13,213   $350.84       $2.19
112   Rib, ribeye roll, 8-10 lbs.              4   67,126   $354.05
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                      13   30,347   $335.47    ($29.42)
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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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