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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 7/17/2013

LM_XB405
Des Moines, IA                 Wed, Jul 17, 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:               $160.34
Change from prior day:              ($0.94)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $200.52        $111.97       ($1.21)
100% lean inside round                      $273.24          $6.34         $0.06
100% lean, flats and eyes                   $259.00          $6.01         $0.01
100% lean, S.P.B.                           $253.18         $12.66         $0.01
Chuck Tender                                $220.99          $2.21         $0.02
Knuckle                   4-7 lbs.          $218.54          $5.53         $0.01
Tenderloin                2-3 lbs.          $405.85          $2.15         $0.01
Tenderloin                3-4 lbs.          $453.03          $3.35         $0.01
Ribeye Roll               4-6 lbs.          $230.93          $2.42         $0.05
Ribeye Roll               6-8 lbs.          $247.81          $1.83         $0.07
Ribeye Roll               8up lbs.          $241.74          $1.76         
Flank Steak                                 $247.55          $1.04         $0.02
Kidney, Edible                               $29.17          $0.13         
Fat, inedible                                $29.31          $0.68         
Bone                                          $9.43          $2.26         
--------------------------------------------------------------------------------
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                 48.11  loads --            1,924,445  pounds
Cutter/Canner Cuts                  6.66  loads --              266,259  pounds
Boner/Breaker/Cutter/Canner        26.39  loads --            1,055,478  pounds
100% Lean Items                    32.40  loads --            1,295,848  pounds
Frozen Cuts                         3.86  loads --              154,585  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11   51,170   $254.61     ($2.56)
112   Rib, ribeye roll, 8-10 lbs.             79  183,520   $282.49     ($1.09)
112   Rib, ribeye roll, 10-up lbs.            35   45,919   $286.99       $3.63
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      30   42,675   $391.98     ($0.20)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      21   73,361   $275.39    ($11.86)
      Chuck, boneless 85%                      4   92,200   $211.74
120   Chuck, brisket                          30   28,572   $225.01     ($1.90)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           31   96,052   $211.67     ($1.48)
169A  Round, top inside c-off, 8-10 lbs.       5   25,368   $263.26       $0.38
169A  Round, top inside c-off, 10-14 lbs.     50  440,392   $260.79       $0.99
169A  Round, top inside c-off, 14-up lbs.      4   33,500   $260.01       
171B  Round, outside round                    23  150,074   $215.16       $1.34
171C  Round, eye of round                     27   58,124   $242.30     ($2.26)
      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.            42  237,501   $211.82     ($1.40)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  33   65,126   $210.44     ($1.55)
185A  Loin, bottom sirloin butt flap, bnls.   63  279,771   $275.75    ($13.77)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4   15,064   $230.93       $0.47
112   Rib, ribeye roll, 6-8 lbs.              39   97,564   $247.84       $9.12
112   Rib, ribeye roll, 8-up lbs.             28  153,631   $241.51       $1.32
100% LEAN
      Inside round - Combo                    19  189,047   $269.91       $1.91
      Inside round - Boxed                    38   75,236   $281.61     ($0.74)
      Outside round                            7   46,575   $262.61     ($0.01)
      Eye of round                            13   11,329   $265.53       $2.87
      Flats and eyes - Combo                  26  356,584   $258.32       $0.36
      Flats and eyes - Boxed                            
      Striploin                               56  108,399   $304.88       $0.47
      S.P.B. - Combo                          29  508,678   $253.18       $0.17
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     46  142,794   $220.99       $2.29
167A  Round, knuckle, peeled                  41  285,376   $218.54       $0.22
190   Loin, tenderloin, 2-3 lbs.              13   20,817   $407.22       $2.62
190   Loin, tenderloin, 3-4 lbs.              32   42,848   $449.81     ($1.15)
190   Loin, tenderloin, 4-5 lbs.             181  282,896   $507.15     ($8.74)
190   Loin, tenderloin, 5-up lbs.             50   64,550   $490.78       $2.81
193   Flank, flank steak                      95  117,241   $260.66       $0.99
      Flank, rough                            54   98,956   $234.02     ($0.23)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   30,615   $242.51       $7.13
112   Rib, ribeye roll, 8-10 lbs.              3   12,075   $248.70       $4.75
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.                      
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.
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                      16   52,606   $218.33       $5.39
--------------------------------------------------------------------------------
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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