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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 3/22/2013

LM_XB405
Des Moines, IA                 Fri, Mar 22, 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:               $171.69
Change from prior day:                $0.00
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $220.23        $122.98         $0.08
100% lean inside round                      $262.02          $6.08         $0.01
100% lean, flats and eyes                   $254.02          $5.89       ($0.01)
100% lean, S.P.B.                           $248.44         $12.42       ($0.01)
Chuck Tender                                $238.27          $2.38       ($0.01)
Knuckle                   4-7 lbs.          $240.94          $6.10       ($0.02)
Tenderloin                2-3 lbs.          $414.10          $2.19         
Tenderloin                3-4 lbs.          $439.18          $3.25         
Ribeye Roll               4-6 lbs.          $239.26          $2.51       ($0.02)
Ribeye Roll               6-8 lbs.          $263.63          $1.95       ($0.01)
Ribeye Roll               8up lbs.          $260.02          $1.90         
Flank Steak                                 $240.91          $1.01       ($0.01)
Kidney, Edible                               $32.05          $0.15         
Fat, inedible                                $26.97          $0.63         
Bone                                          $9.36          $2.25         
--------------------------------------------------------------------------------
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                 49.07  loads --            1,962,603  pounds
Cutter/Canner Cuts                  3.73  loads --              149,171  pounds
Boner/Breaker/Cutter/Canner        23.88  loads --              955,159  pounds
100% Lean Items                    35.85  loads --            1,434,006  pounds
Frozen Cuts                         8.06  loads --              322,461  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10   31,339   $280.58       $0.74
112   Rib, ribeye roll, 8-10 lbs.             85  239,302   $286.86       $0.18
112   Rib, ribeye roll, 10-up lbs.            27   67,685   $274.56       $0.15
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      27   47,814   $349.43       $1.29
112A  Rib, ribeye roll-lip-on, 8-up lbs.      13   33,183   $293.74     ($4.70)
      Chuck, boneless 85%                      3   25,200   $227.51       
120   Chuck, brisket                          23   37,170   $179.22       $3.01
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           31   87,229   $223.51       $0.31
169A  Round, top inside c-off, 8-10 lbs.       7   37,142   $254.30       $0.51
169A  Round, top inside c-off, 10-14 lbs.     62  615,626   $255.22     ($0.05)
169A  Round, top inside c-off, 14-up lbs.      4   35,127   $254.62       
171B  Round, outside round                    18  103,771   $239.68       $0.06
171C  Round, eye of round                     47   76,583   $246.41       $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.            28   88,400   $234.76       $0.03
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  26   39,286   $233.79       $2.08
185A  Loin, bottom sirloin butt flap, bnls.   62  392,671   $236.69     ($8.44)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              29   70,932   $263.82     ($2.51)
112   Rib, ribeye roll, 8-up lbs.             23   77,050   $266.62     ($0.11)
100% LEAN
      Inside round - Combo                    29  302,136   $259.57     ($0.24)
      Inside round - Boxed                    42   69,095   $272.72       $0.58
      Outside round                            4   16,509   $254.29       $0.21
      Eye of round                            20   33,859   $262.93       $0.22
      Flats and eyes - Combo                  26  336,161   $253.11     ($0.55)
      Flats and eyes - Boxed                            
      Striploin                               65  250,966   $313.27     ($0.60)
      S.P.B. - Combo                          32  425,280   $248.44     ($0.15)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     48  133,801   $238.27     ($0.31)
167A  Round, knuckle, peeled                  46  270,582   $240.94     ($0.94)
190   Loin, tenderloin, 2-3 lbs.              19   23,036   $414.10       
190   Loin, tenderloin, 3-4 lbs.              38   50,119   $439.18       $0.49
190   Loin, tenderloin, 4-5 lbs.             148  182,312   $466.62     ($0.79)
190   Loin, tenderloin, 5-up lbs.             49   63,064   $464.77       $0.98
193   Flank, flank steak                     102  129,883   $251.22       $2.26
      Flank, rough                            61  102,362   $236.62     ($0.04)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6   39,406   $270.25       $0.66
112   Rib, ribeye roll, 8-10 lbs.              8   26,926   $266.58     ($3.72)
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.            13   45,708   $280.54       $0.83
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.               8   43,082   $263.32     ($0.24)
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.              11   45,620   $473.37     ($0.07)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      22   98,169   $227.27     ($2.33)
--------------------------------------------------------------------------------
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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