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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 10/21/2013

LM_XB405
Des Moines, IA                 Mon, Oct 21, 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:               $157.26
Change from prior day:              ($0.07)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $194.48        $108.60         $0.49
100% lean inside round                      $281.75          $6.54         $0.05
100% lean, flats and eyes                   $267.43          $6.20         
100% lean, S.P.B.                           $260.60         $13.03       ($0.03)
Chuck Tender                                $215.21          $2.15         
Knuckle                   4-7 lbs.          $227.64          $5.76       ($0.10)
Tenderloin                2-3 lbs.          $419.29          $2.22       ($0.05)
Tenderloin                3-4 lbs.          $431.01          $3.19         
Ribeye Roll               4-6 lbs.          $231.00          $2.43         
Ribeye Roll               6-8 lbs.          $249.19          $1.84       ($0.02)
Ribeye Roll               8up lbs.          $255.18          $1.86         $0.01
Flank Steak                                 $243.81          $1.02         $0.01
Kidney, Edible                               $27.33          $0.13         
Fat, inedible                                $20.27          $0.47       ($0.16)
Bone                                          $7.58          $1.82       ($0.27)
--------------------------------------------------------------------------------
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                 30.80  loads --            1,232,019  pounds
Cutter/Canner Cuts                  3.12  loads --              124,690  pounds
Boner/Breaker/Cutter/Canner        27.97  loads --            1,118,950  pounds
100% Lean Items                    35.82  loads --            1,432,961  pounds
Frozen Cuts                         3.83  loads --              153,228  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   17,415   $262.71       $6.35
112   Rib, ribeye roll, 8-10 lbs.             66  177,975   $288.13       $9.01
112   Rib, ribeye roll, 10-up lbs.            47   41,154   $298.91       $3.21
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      15   14,486   $438.12       $2.94
112A  Rib, ribeye roll-lip-on, 8-up lbs.      15   12,387   $353.99     ($8.34)
      Chuck, boneless 85%                      9  165,500   $166.29
120   Chuck, brisket                          12   11,198   $204.06     ($4.16)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           21   88,894   $218.06       $0.29
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     25  165,812   $261.22     ($2.55)
169A  Round, top inside c-off, 14-up lbs.      6   24,647   $268.52
171B  Round, outside round                    12   81,320   $230.54       $1.14
171C  Round, eye of round                     30  145,707   $265.35     ($0.81)
      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.            36  132,405   $218.93     ($3.21)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  34   59,713   $217.00     ($6.87)
185A  Loin, bottom sirloin butt flap, bnls.   45   75,307   $257.80     ($0.02)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              40   55,565   $250.65     ($1.27)
112   Rib, ribeye roll, 8-up lbs.             14   68,113   $258.35       $5.03
100% LEAN
      Inside round - Combo                    34  382,002   $279.51       $1.60
      Inside round - Boxed                    35   63,627   $295.18       $1.99
      Outside round                            7   36,867   $272.13     ($3.57)
      Eye of round                             9   24,344   $274.05
      Flats and eyes - Combo                  29  339,764   $266.44     ($0.37)
      Flats and eyes - Boxed                            
      Striploin                               43   88,654   $324.72       $3.35
      S.P.B. - Combo                          30  497,703   $260.60     ($0.52)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     50  162,108   $215.21       $0.50
167A  Round, knuckle, peeled                  53  390,707   $227.64     ($4.13)
190   Loin, tenderloin, 2-3 lbs.               8    8,790   $419.29
190   Loin, tenderloin, 3-4 lbs.              39   54,447   $432.24     ($3.88)
190   Loin, tenderloin, 4-5 lbs.             181  285,897   $483.55     ($3.62)
190   Loin, tenderloin, 5-up lbs.             48   31,502   $483.13      $18.00
193   Flank, flank steak                      90  100,771   $268.92     ($2.12)
      Flank, rough                            64   84,728   $237.41     ($2.62)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   23,798   $281.71
112   Rib, ribeye roll, 8-10 lbs.              3    3,337   $305.65
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.      3    1,187   $260.00
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.               4    7,150   $237.85
112   Rib, ribeye roll, 8-up lbs.
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.                        
190   Loin, tenderloin, 3-4 lbs.               3   16,995   $427.07       
190   Loin, tenderloin, 4-5 lbs.
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      19   67,021   $206.06      $15.60
--------------------------------------------------------------------------------
Source:    USDA Market News Service, Des Moines, IA
           515-284-4460      email:  desm.lpgmn@usda.gov
           24 Hour recorded market information 515-284-4830
           http://www.ams.usda.gov/LSMarketNews
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