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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 10/25/2013

LM_XB405
Des Moines, IA                 Fri, Oct 25, 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:               $157.20
Change from prior day:                $0.59
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $194.14        $108.41         $0.63
100% lean inside round                      $280.32          $6.50       ($0.05)
100% lean, flats and eyes                   $266.02          $6.17         
100% lean, S.P.B.                           $261.72         $13.09       ($0.02)
Chuck Tender                                $214.81          $2.15         
Knuckle                   4-7 lbs.          $226.23          $5.72       ($0.03)
Tenderloin                2-3 lbs.          $422.87          $2.24         $0.01
Tenderloin                3-4 lbs.          $437.72          $3.24         
Ribeye Roll               4-6 lbs.          $231.68          $2.43         
Ribeye Roll               6-8 lbs.          $248.69          $1.84         
Ribeye Roll               8up lbs.          $266.50          $1.95         $0.02
Flank Steak                                 $246.67          $1.04         $0.03
Kidney, Edible                               $27.33          $0.13         
Fat, inedible                                $20.27          $0.47         
Bone                                          $7.58          $1.82         
--------------------------------------------------------------------------------
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                 32.38  loads --            1,295,052  pounds
Cutter/Canner Cuts                  4.21  loads --              168,342  pounds
Boner/Breaker/Cutter/Canner        26.46  loads --            1,058,299  pounds
100% Lean Items                    33.07  loads --            1,322,969  pounds
Frozen Cuts                         7.00  loads --              279,835  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    7,020   $269.65     ($0.21)
112   Rib, ribeye roll, 8-10 lbs.             69  159,364   $283.02     ($4.32)
112   Rib, ribeye roll, 10-up lbs.            42   32,959   $300.70       $4.85
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   12,553   $427.01     ($1.25)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   17,092   $330.44    ($10.23)
      Chuck, boneless 85%                     15  319,000   $164.41     ($1.05)
120   Chuck, brisket                          15   16,294   $218.45       $2.22
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           22   75,204   $226.22       $5.64
169A  Round, top inside c-off, 8-10 lbs.       6   51,030   $272.72     ($0.58)
169A  Round, top inside c-off, 10-14 lbs.     24  150,344   $262.73     ($0.05)
169A  Round, top inside c-off, 14-up lbs.      7   33,665   $267.58     ($0.77)
171B  Round, outside round                     9   54,447   $236.88     ($0.66)
171C  Round, eye of round                     41   51,454   $259.66     ($0.70)
      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.            33   85,621   $240.16       $3.63
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  46  102,208   $211.98     ($1.71)
185A  Loin, bottom sirloin butt flap, bnls.   52  124,519   $253.72     ($3.32)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4      776   $231.00       
112   Rib, ribeye roll, 6-8 lbs.              44   84,517   $251.40       $0.19
112   Rib, ribeye roll, 8-up lbs.             23   83,049   $269.40       $6.88
100% LEAN
      Inside round - Combo                    31  244,446   $278.06     ($2.68)
      Inside round - Boxed                    37   53,883   $290.59       $0.03
      Outside round
      Eye of round                             9   19,122   $269.11     ($0.02)
      Flats and eyes - Combo                  31  304,424   $265.44       
      Flats and eyes - Boxed                            
      Striploin                               46  141,629   $337.77       $0.57
      S.P.B. - Combo                          33  529,840   $261.72     ($0.52)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     61  220,572   $214.81       $0.12
167A  Round, knuckle, peeled                  54  274,075   $226.23     ($0.91)
190   Loin, tenderloin, 2-3 lbs.              17   15,995   $422.87       $1.36
190   Loin, tenderloin, 3-4 lbs.              37   59,933   $435.22     ($0.25)
190   Loin, tenderloin, 4-5 lbs.             164  224,474   $482.45       $1.09
190   Loin, tenderloin, 5-up lbs.             54   47,948   $497.44       $4.23
193   Flank, flank steak                      98  132,437   $258.92     ($0.67)
      Flank, rough                            58   82,865   $239.25     ($1.32)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6   77,356   $258.08       $4.92
112   Rib, ribeye roll, 8-10 lbs.              5   49,600   $252.59       
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.               7   42,725   $243.33     ($0.10)
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.               3   20,023   $463.98
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      14   45,844   $211.29     ($0.05)
--------------------------------------------------------------------------------
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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