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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/3/2013

LM_XB405
Des Moines, IA                 Fri, May 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:               $160.75
Change from prior day:                $0.50
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $201.72        $112.64         $0.68
100% lean inside round                      $263.31          $6.11       ($0.01)
100% lean, flats and eyes                   $256.30          $5.95         
100% lean, S.P.B.                           $249.16         $12.46         
Chuck Tender                                $215.34          $2.15         
Knuckle                   4-7 lbs.          $231.80          $5.86       ($0.01)
Tenderloin                2-3 lbs.          $418.85          $2.22         
Tenderloin                3-4 lbs.          $460.23          $3.41         $0.02
Ribeye Roll               4-6 lbs.          $234.79          $2.47       ($0.18)
Ribeye Roll               6-8 lbs.          $259.22          $1.92         
Ribeye Roll               8up lbs.          $257.95          $1.88       ($0.01)
Flank Steak                                 $230.92          $0.97         $0.01
Kidney, Edible                               $24.50          $0.11         
Fat, inedible                                $27.14          $0.63         
Bone                                          $8.22          $1.97         
--------------------------------------------------------------------------------
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                 68.76  loads --            2,750,291  pounds
Cutter/Canner Cuts                  5.78  loads --              231,305  pounds
Boner/Breaker/Cutter/Canner        29.52  loads --            1,180,932  pounds
100% Lean Items                    51.47  loads --            2,058,838  pounds
Frozen Cuts                        10.55  loads --              421,859  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              17   50,968   $274.74     ($1.14)
112   Rib, ribeye roll, 8-10 lbs.             87  257,777   $276.24       $0.69
112   Rib, ribeye roll, 10-up lbs.            39   66,674   $277.98       $1.07
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      27   44,217   $321.22       $2.84
112A  Rib, ribeye roll-lip-on, 8-up lbs.      24   73,395   $266.63       $4.88
      Chuck, boneless 85%                               
120   Chuck, brisket                          28   28,786   $205.26       $6.10
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           41  141,169   $227.63      $10.72
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     84  766,221   $255.86     ($0.06)
169A  Round, top inside c-off, 14-up lbs.      9  114,740   $255.94     ($0.14)
171B  Round, outside round                    42  401,477   $245.32       $4.24
171C  Round, eye of round                     53  199,862   $247.91       $0.22
      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.            57  205,169   $221.26       $2.77
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  39   76,757   $208.89       $0.11
185A  Loin, bottom sirloin butt flap, bnls.   74  314,729   $248.71     ($1.76)
191A  Loin, butt tender, peeled                6    3,200   $508.00       
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              34   85,617   $258.96       $0.72
112   Rib, ribeye roll, 8-up lbs.             34  143,046   $256.97     ($1.38)
100% LEAN
      Inside round - Combo                    25  418,635   $260.71     ($0.44)
      Inside round - Boxed                    38   56,408   $282.57       $0.68
      Outside round                            6   31,874   $264.22     ($4.29)
      Eye of round                            14   18,994   $260.18     ($4.20)
      Flats and eyes - Combo                  32  479,887   $255.62     ($0.15)
      Flats and eyes - Boxed                            
      Striploin                               49  169,123   $306.40       $0.27
      S.P.B. - Combo                          49  883,917   $249.16       
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     49  197,987   $215.34       $0.06
167A  Round, knuckle, peeled                  44  221,921   $231.80     ($0.05)
190   Loin, tenderloin, 2-3 lbs.              16   16,944   $418.85       $0.45
190   Loin, tenderloin, 3-4 lbs.              47   70,594   $459.79       $0.63
190   Loin, tenderloin, 4-5 lbs.             230  287,574   $498.63     ($3.36)
190   Loin, tenderloin, 5-up lbs.             42   90,630   $481.27       $0.14
193   Flank, flank steak                     120  184,008   $246.03       $3.56
      Flank, rough                            64  111,274   $241.33     ($0.04)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6   10,220   $276.36     ($2.25)
112   Rib, ribeye roll, 8-10 lbs.              8  127,292   $254.68       $1.28
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.             8   17,160   $304.58       $0.31
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              11   82,390   $259.50       $0.06
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                      28  122,043   $208.14       $3.43
--------------------------------------------------------------------------------
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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