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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 7/21/2015

LM_XB405
Des Moines, IA                 Tue, Jul 21, 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:               $226.61
Change from prior day:              ($0.57)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $292.24        $163.19       ($0.47)
100% lean inside round                      $351.81          $8.16       ($0.04)
100% lean, flats and eyes                   $332.36          $7.71         
100% lean, S.P.B.                           $328.92         $16.45         
Chuck Tender                                $297.27          $2.97       ($0.01)
Knuckle                   4-7 lbs.          $315.11          $7.97         
Tenderloin                2-3 lbs.          $545.58          $2.89       ($0.04)
Tenderloin                3-4 lbs.          $606.71          $4.49         $0.01
Ribeye Roll               4-6 lbs.          $351.76          $3.69         
Ribeye Roll               6-8 lbs.          $360.16          $2.67         $0.01
Ribeye Roll               8up lbs.          $363.36          $2.65         $0.01
Flank Steak                                 $406.14          $1.71       ($0.04)
Kidney, Edible                               $21.75          $0.10         
Fat, inedible                                $18.26          $0.42         
Bone                                          $6.41          $1.54         
--------------------------------------------------------------------------------
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                 27.90  loads --            1,116,060  pounds
Cutter/Canner Cuts                  4.73  loads --              189,191  pounds
Boner/Breaker/Cutter/Canner        20.04  loads --              801,670  pounds
100% Lean Items                    28.42  loads --            1,136,686  pounds
Frozen Cuts                         1.89  loads --               75,661  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10   14,680   $384.38       $5.24
112   Rib, ribeye roll, 8-10 lbs.             30   71,179   $388.65       $4.76
112   Rib, ribeye roll, 10-up lbs.            78  154,447   $397.48     ($0.60)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      32   31,115   $511.76     ($2.06)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      23   58,633   $475.78    ($25.49)
      Chuck, boneless 85%                      6   58,839   $274.21       
120   Chuck, brisket                          28  139,827   $237.03       $0.23
168   Round, top inside, 10-dn lbs.            4    4,679   $289.00     ($1.17)
168   Round, top inside, 10-up lbs.           22   73,040   $296.95     ($0.74)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     27  113,698   $342.14     ($2.98)
169A  Round, top inside c-off, 14-up lbs.      4   13,805   $345.56     ($1.74)
171B  Round, outside round                     7   35,160   $321.66       $1.23
171C  Round, eye of round                     44   81,977   $323.84       $0.95
      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.            33   72,364   $387.10      $72.72
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  30   74,735   $325.15     ($0.82)
185A  Loin, bottom sirloin butt flap, bnls.   47  106,450   $398.94     ($1.79)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              40   87,485   $360.16       $0.83
112   Rib, ribeye roll, 8-up lbs.             30  101,706   $363.36       $1.17
100% LEAN
      Inside round - Combo                    10  131,845   $344.39     ($0.74)
      Inside round - Boxed                    32   45,966   $373.09       $3.60
      Outside round                            4   23,426   $334.54       $1.24
      Eye of round                            14   28,193   $343.08     ($3.19)
      Flats and eyes - Combo                  28  436,609   $331.55       $0.48
      Flats and eyes - Boxed                            
      Striploin                               70  253,686   $417.39       $0.27
      S.P.B. - Combo                          17  216,961   $328.92     ($0.12)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     42  146,511   $297.27     ($0.90)
167A  Round, knuckle, peeled                  39  221,188   $315.11       $0.01
190   Loin, tenderloin, 2-3 lbs.              21   30,159   $545.58     ($6.88)
190   Loin, tenderloin, 3-4 lbs.              22   29,888   $606.71       $1.75
190   Loin, tenderloin, 4-5 lbs.             114  137,166   $682.15     ($3.13)
190   Loin, tenderloin, 5-up lbs.             41   88,939   $619.45     ($3.87)
193   Flank, flank steak                      94   87,865   $452.66       $0.22
      Flank, rough                            40   59,954   $328.96       $1.71
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4   26,835   $356.58     ($4.01)
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   35,248   $290.19     ($6.01)
--------------------------------------------------------------------------------
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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