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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/6/2013

LM_XB405
Des Moines, IA                 Mon, May 06, 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:               $160.87
Change from prior day:                $0.12
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $202.20        $112.91         $0.27
100% lean inside round                      $262.59          $6.09       ($0.02)
100% lean, flats and eyes                   $255.40          $5.93       ($0.02)
100% lean, S.P.B.                           $248.92         $12.45       ($0.01)
Chuck Tender                                $215.62          $2.16         $0.01
Knuckle                   4-7 lbs.          $229.02          $5.79       ($0.07)
Tenderloin                2-3 lbs.          $417.49          $2.21       ($0.01)
Tenderloin                3-4 lbs.          $458.94          $3.40       ($0.01)
Ribeye Roll               4-6 lbs.          $234.79          $2.47         
Ribeye Roll               6-8 lbs.          $258.66          $1.91       ($0.01)
Ribeye Roll               8up lbs.          $259.50          $1.89         $0.01
Flank Steak                                 $232.61          $0.98         $0.01
Kidney, Edible                               $28.71          $0.13         $0.02
Fat, inedible                                $27.14          $0.63         
Bone                                          $8.00          $1.92       ($0.05)
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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                 58.97  loads --            2,358,932  pounds
Cutter/Canner Cuts                  4.88  loads --              195,157  pounds
Boner/Breaker/Cutter/Canner        26.22  loads --            1,048,933  pounds
100% Lean Items                    47.35  loads --            1,893,844  pounds
Frozen Cuts                         8.19  loads --              327,432  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              16   45,586   $273.93     ($0.81)
112   Rib, ribeye roll, 8-10 lbs.             74  231,574   $275.71     ($0.53)
112   Rib, ribeye roll, 10-up lbs.            40   55,557   $283.23       $5.25
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      30   45,997   $325.71       $4.49
112A  Rib, ribeye roll-lip-on, 8-up lbs.      22   48,575   $276.09       $9.46
      Chuck, boneless 85%
120   Chuck, brisket                          24   20,958   $217.63      $12.37
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           42  135,493   $222.88     ($4.75)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     69  666,021   $255.82     ($0.04)
169A  Round, top inside c-off, 14-up lbs.     11  150,540   $255.72     ($0.22)
171B  Round, outside round                    33  252,672   $244.28     ($1.04)
171C  Round, eye of round                     46  133,387   $246.26     ($1.65)
      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.            51  181,333   $220.41     ($0.85)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  36   79,800   $209.15       $0.26
185A  Loin, bottom sirloin butt flap, bnls.   76  292,089   $250.16       $1.45
191A  Loin, butt tender, peeled                4    2,200   $508.00       
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              34   92,912   $257.93     ($1.03)
112   Rib, ribeye roll, 8-up lbs.             29   99,603   $258.41       $1.44
100% LEAN
      Inside round - Combo                    28  459,915   $260.18     ($0.53)
      Inside round - Boxed                    37   56,110   $282.38     ($0.19)
      Outside round                            7   47,674   $262.70     ($1.52)
      Eye of round                            13   21,455   $257.01     ($3.17)
      Flats and eyes - Combo                  29  414,855   $254.48     ($1.14)
      Flats and eyes - Boxed                            
      Striploin                               52  145,992   $306.42       $0.02
      S.P.B. - Combo                          49  747,843   $248.92     ($0.24)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     47  172,940   $215.62       $0.28
167A  Round, knuckle, peeled                  41  237,017   $229.02     ($2.78)
190   Loin, tenderloin, 2-3 lbs.              15   19,624   $417.49     ($1.36)
190   Loin, tenderloin, 3-4 lbs.              43   52,871   $458.32     ($1.47)
190   Loin, tenderloin, 4-5 lbs.             198  278,473   $500.53       $1.90
190   Loin, tenderloin, 5-up lbs.             46   70,560   $491.93      $10.66
193   Flank, flank steak                     113  139,885   $251.67       $5.64
      Flank, rough                            55   77,563   $241.78       $0.45
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    7,665   $275.14     ($1.22)
112   Rib, ribeye roll, 8-10 lbs.              7   93,167   $256.40       $1.72
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.             7   16,640   $304.53     ($0.05)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              11   82,390   $259.50       
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                      22  108,040   $207.94     ($0.20)
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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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