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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 7/10/2015

LM_XB405   ***Correction on Cutout Values and Cuts***
Des Moines, IA                 Fri, Jul 10, 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:               $228.10
Change from prior day:              ($0.54)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $293.07        $163.65       ($0.68)
100% lean inside round                      $354.87          $8.23         $0.04
100% lean, flats and eyes                   $336.72          $7.81         
100% lean, S.P.B.                           $338.60         $16.93         
Chuck Tender                                $306.38          $3.06         
Knuckle                   4-7 lbs.          $318.52          $8.06         $0.04
Tenderloin                2-3 lbs.          $548.31          $2.91         
Tenderloin                3-4 lbs.          $630.67          $4.67       ($0.01)
Ribeye Roll               4-6 lbs.          $351.76          $3.69         
Ribeye Roll               6-8 lbs.          $364.62          $2.70         $0.01
Ribeye Roll               8up lbs.          $368.61          $2.69         
Flank Steak                                 $414.29          $1.74         $0.06
Kidney, Edible                               $18.38          $0.08         
Fat, inedible                                $17.92          $0.42         
Bone                                          $6.08          $1.46         
--------------------------------------------------------------------------------
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                 34.93  loads --            1,397,146  pounds
Cutter/Canner Cuts                  4.19  loads --              167,526  pounds
Boner/Breaker/Cutter/Canner        22.58  loads --              903,030  pounds
100% Lean Items                    31.77  loads --            1,270,779  pounds
Frozen Cuts                         1.90  loads --               75,949  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11    7,376   $419.28       
112   Rib, ribeye roll, 8-10 lbs.             20   30,770   $405.16       $0.16
112   Rib, ribeye roll, 10-up lbs.            84  139,976   $395.14     ($0.63)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      25   36,180   $520.92       $0.25
112A  Rib, ribeye roll-lip-on, 8-up lbs.      38   82,988   $481.20     ($5.52)
      Chuck, boneless 85%                     13  210,996   $277.10       $0.87
120   Chuck, brisket                          37   94,098   $246.70     ($0.02)
168   Round, top inside, 10-dn lbs.            7    8,142   $291.15
168   Round, top inside, 10-up lbs.           25   87,545   $297.86     ($1.37)
169A  Round, top inside c-off, 8-10 lbs.       3   11,326   $335.52       
169A  Round, top inside c-off, 10-14 lbs.     39  238,162   $342.34       $0.21
169A  Round, top inside c-off, 14-up lbs.      4   34,555   $344.73       
171B  Round, outside round                    10   51,065   $313.71       
171C  Round, eye of round                     37   86,361   $319.28       $0.97
      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.            29   72,248   $343.16     ($3.04)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  45   90,695   $329.70       $0.65
185A  Loin, bottom sirloin butt flap, bnls.   45  114,663   $428.03       $0.59
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              43  107,866   $364.62       $0.50
112   Rib, ribeye roll, 8-up lbs.             31   59,660   $368.61       $0.63
100% LEAN
      Inside round - Combo                    17  175,987   $347.36       $2.51
      Inside round - Boxed                    33   60,986   $376.54       $0.04
      Outside round
      Eye of round                            19   34,955   $347.18       $0.42
      Flats and eyes - Combo                  32  500,912   $335.95       $0.01
      Flats and eyes - Boxed                            
      Striploin                               68  233,799   $424.91       $0.39
      S.P.B. - Combo                          18  250,686   $338.60       $0.02
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     45  145,801   $306.38       $0.10
167A  Round, knuckle, peeled                  39  238,960   $318.52       $1.49
190   Loin, tenderloin, 2-3 lbs.              27   36,457   $548.31     ($1.40)
190   Loin, tenderloin, 3-4 lbs.              48   77,378   $630.67     ($1.99)
190   Loin, tenderloin, 4-5 lbs.             130  156,311   $699.00     ($3.28)
190   Loin, tenderloin, 5-up lbs.             55   96,157   $630.83     ($1.91)
193   Flank, flank steak                      99   77,326   $479.57      $10.79
      Flank, rough                            41   74,640   $350.70     ($1.14)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   32,357   $366.19       
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   38,482   $283.12       
--------------------------------------------------------------------------------
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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