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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 2/26/2013

LM_XB405
Des Moines, IA                 Tue, Feb 26, 2013                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:               $167.64
Change from prior day:                $0.36
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $214.99        $120.05         $0.30
100% lean inside round                      $257.36          $5.97       ($0.02)
100% lean, flats and eyes                   $251.50          $5.83         $0.02
100% lean, S.P.B.                           $244.47         $12.22         $0.04
Chuck Tender                                $230.62          $2.31         $0.01
Knuckle                   4-7 lbs.          $241.58          $6.11         $0.10
Tenderloin                2-3 lbs.          $391.32          $2.07         $0.03
Tenderloin                3-4 lbs.          $426.73          $3.16       ($0.01)
Ribeye Roll               4-6 lbs.          $233.60          $2.45       ($0.13)
Ribeye Roll               6-8 lbs.          $251.24          $1.86       ($0.01)
Ribeye Roll               8up lbs.          $257.42          $1.88         $0.01
Flank Steak                                 $227.87          $0.96         $0.02
Kidney, Edible                               $30.50          $0.14         
Fat, inedible                                $26.97          $0.63         
Bone                                          $8.35          $2.00         
--------------------------------------------------------------------------------
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                 38.20  loads --            1,528,042  pounds
Cutter/Canner Cuts                  3.44  loads --              137,778  pounds
Boner/Breaker/Cutter/Canner        22.45  loads --              898,185  pounds
100% Lean Items                    33.99  loads --            1,359,719  pounds
Frozen Cuts                        10.57  loads --              422,946  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   50,074   $278.00       $1.55
112   Rib, ribeye roll, 8-10 lbs.             72  137,159   $297.62       $2.66
112   Rib, ribeye roll, 10-up lbs.            40   47,667   $278.96     ($9.29)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      26   19,589   $372.11       $3.92
112A  Rib, ribeye roll-lip-on, 8-up lbs.      20   47,194   $290.48     ($4.24)
      Chuck, boneless 85%
120   Chuck, brisket                          23   20,680   $190.09     ($1.70)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           36  128,581   $213.83     ($4.97)
169A  Round, top inside c-off, 8-10 lbs.       6   29,618   $254.87       
169A  Round, top inside c-off, 10-14 lbs.     51  538,413   $254.68       $2.77
169A  Round, top inside c-off, 14-up lbs.      8   44,903   $253.11     ($0.66)
171B  Round, outside round                    24   98,075   $235.72       $4.08
171C  Round, eye of round                     41   59,076   $243.82       $0.40
      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.            17   34,447   $230.75       $1.16
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  37   95,318   $217.19     ($2.92)
185A  Loin, bottom sirloin butt flap, bnls.   45  151,802   $238.13       $1.43
191A  Loin, butt tender, peeled                5    2,626   $493.34       $0.34
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3    2,118   $233.60       
112   Rib, ribeye roll, 6-8 lbs.              29   71,355   $255.39     ($7.29)
112   Rib, ribeye roll, 8-up lbs.             19   64,305   $266.88       $8.16
100% LEAN
      Inside round - Combo                    32  404,547   $255.07     ($0.29)
      Inside round - Boxed                    34   58,371   $273.22       $0.99
      Outside round                            6   52,262   $252.49     ($0.19)
      Eye of round                            13    9,383   $261.15       $1.22
      Flats and eyes - Combo                  18  240,848   $250.91       $1.10
      Flats and eyes - Boxed                            
      Striploin                               58  174,700   $300.39       $2.40
      S.P.B. - Combo                          32  419,608   $244.47       $0.78
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     37  107,451   $230.62       $0.84
167A  Round, knuckle, peeled                  65  169,221   $241.58       $4.07
190   Loin, tenderloin, 2-3 lbs.              18   19,981   $397.97       $6.24
190   Loin, tenderloin, 3-4 lbs.              43   43,039   $438.84       $4.19
190   Loin, tenderloin, 4-5 lbs.             175  197,867   $467.01       $3.12
190   Loin, tenderloin, 5-up lbs.             55   64,304   $467.36       $1.78
193   Flank, flank steak                     131  184,879   $250.64       $2.13
      Flank, rough                            62  111,443   $224.92     ($1.44)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10   36,521   $281.15     ($0.81)
112   Rib, ribeye roll, 8-10 lbs.             14   77,204   $252.89       $6.42
112   Rib, ribeye roll, 10-up lbs.             5   25,872   $270.15       $0.15
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.             7    8,580   $281.09     ($0.21)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.               8   65,093   $246.70       $2.59
112   Rib, ribeye roll, 8-up lbs.              8   42,314   $243.04     ($7.30)
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.
190   Loin, tenderloin, 3-4 lbs.
190   Loin, tenderloin, 4-5 lbs.               3    4,660   $479.57       
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                      32  129,468   $195.36     ($4.07)
--------------------------------------------------------------------------------
Source:    USDA Market News Service, Des Moines, IA
           515-284-4460      email:  desm.lgmn@usda.gov
           24 Hour recorded market information 515-284-4830
           http://www.ams.usda.gov/LSMarketNews
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