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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 6/22/2015

LM_XB405
Des Moines, IA                 Mon, Jun 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:               $228.26
Change from prior day:              ($0.06)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $293.20        $163.72       ($0.03)
100% lean inside round                      $353.00          $8.19         $0.06
100% lean, flats and eyes                   $338.31          $7.85         $0.01
100% lean, S.P.B.                           $340.08         $17.00       ($0.06)
Chuck Tender                                $306.94          $3.07         
Knuckle                   4-7 lbs.          $301.47          $7.63       ($0.07)
Tenderloin                2-3 lbs.          $562.13          $2.98       ($0.06)
Tenderloin                3-4 lbs.          $646.91          $4.79         $0.07
Ribeye Roll               4-6 lbs.          $357.76          $3.76         
Ribeye Roll               6-8 lbs.          $366.71          $2.71         
Ribeye Roll               8up lbs.          $376.63          $2.75         $0.03
Flank Steak                                 $446.87          $1.88         $0.02
Kidney, Edible                               $18.83          $0.09         $0.01
Fat, inedible                                $17.92          $0.42         
Bone                                          $5.90          $1.42       ($0.04)
--------------------------------------------------------------------------------
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                 32.29  loads --            1,291,518  pounds
Cutter/Canner Cuts                  4.60  loads --              183,828  pounds
Boner/Breaker/Cutter/Canner        21.72  loads --              868,881  pounds
100% Lean Items                    27.51  loads --            1,100,489  pounds
Frozen Cuts                         1.44  loads --               57,678  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11   18,750   $378.23       $5.27
112   Rib, ribeye roll, 8-10 lbs.             58  169,295   $380.10     ($6.20)
112   Rib, ribeye roll, 10-up lbs.            84   77,933   $401.09       $0.98
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      36   24,507   $540.73     ($1.10)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      39   91,551   $474.37     ($9.05)
      Chuck, boneless 85%                      9   84,254   $276.96       $0.65
120   Chuck, brisket                          24   60,606   $251.19       $0.92
168   Round, top inside, 10-dn lbs.           10   10,420   $293.05       $0.92
168   Round, top inside, 10-up lbs.           25   82,629   $294.70       
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     21  185,505   $325.50       $0.67
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                    10   62,975   $313.69     ($1.46)
171C  Round, eye of round                     36   59,962   $325.31       $1.22
      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   19,993   $388.34     ($6.48)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  56  168,051   $317.94     ($0.58)
185A  Loin, bottom sirloin butt flap, bnls.   61  163,042   $415.12      $10.03
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              49  106,312   $366.71       $0.79
112   Rib, ribeye roll, 8-up lbs.             44   77,094   $376.59       $3.35
100% LEAN
      Inside round - Combo                    13  137,886   $348.15       $3.26
      Inside round - Boxed                    50  114,453   $358.85       $0.19
      Outside round                            5   41,132   $341.43     ($0.95)
      Eye of round                            18   34,100   $339.65       $4.78
      Flats and eyes - Combo                  25  331,978   $337.78     ($0.08)
      Flats and eyes - Boxed                            
      Striploin                               61  223,665   $422.43       $0.25
      S.P.B. - Combo                          14  217,275   $340.08     ($1.02)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     36  116,977   $306.94       $0.08
167A  Round, knuckle, peeled                  44  242,443   $301.47     ($3.07)
190   Loin, tenderloin, 2-3 lbs.              14   15,522   $562.13    ($11.13)
190   Loin, tenderloin, 3-4 lbs.              33   53,844   $646.91       $9.14
190   Loin, tenderloin, 4-5 lbs.             141  193,042   $695.51    ($14.11)
190   Loin, tenderloin, 5-up lbs.             31   30,249   $681.87      $28.05
193   Flank, flank steak                     116  121,892   $462.48       $3.93
      Flank, rough                            50   94,912   $339.43       $0.33
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   30,720   $350.65       $0.80
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                      11   21,122   $356.79     ($2.11)
--------------------------------------------------------------------------------
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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