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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 4/3/2013

LM_XB405
Des Moines, IA                 Wed, Apr 03, 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:               $170.77
Change from prior day:              ($0.45)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $219.10        $122.35       ($0.27)
100% lean inside round                      $262.96          $6.10         $0.01
100% lean, flats and eyes                   $254.97          $5.92         
100% lean, S.P.B.                           $248.34         $12.42         
Chuck Tender                                $225.79          $2.26         
Knuckle                   4-7 lbs.          $234.31          $5.93       ($0.02)
Tenderloin                2-3 lbs.          $415.33          $2.20         $0.01
Tenderloin                3-4 lbs.          $437.11          $3.23       ($0.01)
Ribeye Roll               4-6 lbs.          $237.50          $2.49       ($0.15)
Ribeye Roll               6-8 lbs.          $259.34          $1.92       ($0.04)
Ribeye Roll               8up lbs.          $263.27          $1.92         $0.01
Flank Steak                                 $234.84          $0.99         $0.01
Kidney, Edible                               $30.74          $0.14         
Fat, inedible                                $27.97          $0.65         
Bone                                          $9.37          $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                 68.25  loads --            2,729,830  pounds
Cutter/Canner Cuts                  3.97  loads --              158,946  pounds
Boner/Breaker/Cutter/Canner        26.64  loads --            1,065,493  pounds
100% Lean Items                    40.19  loads --            1,607,479  pounds
Frozen Cuts                        16.73  loads --              669,373  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              22   75,470   $280.00     ($0.67)
112   Rib, ribeye roll, 8-10 lbs.             79  160,802   $286.83     ($0.69)
112   Rib, ribeye roll, 10-up lbs.            30   76,519   $273.36       $0.46
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23   28,419   $318.54     ($5.60)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      22   47,187   $277.09     ($3.29)
      Chuck, boneless 85%                      4   62,800   $197.78       
120   Chuck, brisket                          33   40,105   $184.17     ($0.90)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           42  163,595   $222.73       $1.26
169A  Round, top inside c-off, 8-10 lbs.       5   37,316   $258.63       $1.00
169A  Round, top inside c-off, 10-14 lbs.     971,022,721   $255.06     ($0.17)
169A  Round, top inside c-off, 14-up lbs.     13  104,138   $255.65       $0.24
171B  Round, outside round                    27  186,444   $231.82     ($2.38)
171C  Round, eye of round                     49   85,057   $249.84     ($0.92)
      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.            46  224,203   $210.16     ($0.29)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  36  147,725   $213.71     ($1.37)
185A  Loin, bottom sirloin butt flap, bnls.   52  241,864   $236.05       $1.93
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              33   74,406   $261.91     ($1.84)
112   Rib, ribeye roll, 8-up lbs.             23   84,166   $265.54       $3.11
100% LEAN
      Inside round - Combo                    29  291,990   $260.92       $0.35
      Inside round - Boxed                    31   40,607   $277.61       $1.00
      Outside round                            8   42,890   $255.39     ($0.91)
      Eye of round                            12   21,570   $259.63       $1.82
      Flats and eyes - Combo                  25  398,272   $254.67     ($0.07)
      Flats and eyes - Boxed                            
      Striploin                               52  162,275   $310.58       $0.57
      S.P.B. - Combo                          44  649,875   $248.34     ($0.04)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     34  120,152   $225.79     ($0.64)
167A  Round, knuckle, peeled                  41  233,862   $234.31     ($0.78)
190   Loin, tenderloin, 2-3 lbs.              20   22,455   $411.99       $2.69
190   Loin, tenderloin, 3-4 lbs.              46   73,756   $436.62     ($1.73)
190   Loin, tenderloin, 4-5 lbs.             216  337,404   $478.23     ($0.48)
190   Loin, tenderloin, 5-up lbs.             42   55,735   $465.71     ($0.78)
193   Flank, flank steak                     102  151,019   $257.46       $3.91
      Flank, rough                            50   71,110   $242.14       $0.85
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11   45,591   $276.03     ($7.04)
112   Rib, ribeye roll, 8-10 lbs.             10  115,505   $254.09       $2.22
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.      6   74,180   $247.03       
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.              12   68,990   $256.56     ($9.56)
112   Rib, ribeye roll, 8-up lbs.              4   51,236   $259.53       $0.06
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.
190   Loin, tenderloin, 3-4 lbs.
190   Loin, tenderloin, 4-5 lbs.               5   29,463   $466.93       $1.55
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                      35  189,025   $216.77       $1.73
--------------------------------------------------------------------------------
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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