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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 10/29/2013

LM_XB405
Des Moines, IA                 Tue, Oct 29, 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:               $156.32
Change from prior day:              ($0.38)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $192.33        $107.40       ($0.38)
100% lean inside round                      $279.94          $6.49       ($0.04)
100% lean, flats and eyes                   $266.26          $6.18         $0.01
100% lean, S.P.B.                           $261.71         $13.09       ($0.04)
Chuck Tender                                $216.56          $2.17         $0.02
Knuckle                   4-7 lbs.          $227.13          $5.75         $0.02
Tenderloin                2-3 lbs.          $426.24          $2.26       ($0.02)
Tenderloin                3-4 lbs.          $438.30          $3.24       ($0.01)
Ribeye Roll               4-6 lbs.          $241.19          $2.53         $0.10
Ribeye Roll               6-8 lbs.          $246.65          $1.83         
Ribeye Roll               8up lbs.          $262.90          $1.92       ($0.02)
Flank Steak                                 $238.69          $1.00       ($0.02)
Kidney, Edible                               $28.40          $0.13         
Fat, inedible                                $19.93          $0.46         
Bone                                          $7.79          $1.87         
--------------------------------------------------------------------------------
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                 38.62  loads --            1,544,782  pounds
Cutter/Canner Cuts                  4.04  loads --              161,459  pounds
Boner/Breaker/Cutter/Canner        25.69  loads --            1,027,461  pounds
100% Lean Items                    26.61  loads --            1,064,312  pounds
Frozen Cuts                         7.55  loads --              302,129  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    3,770   $270.04     ($2.94)
112   Rib, ribeye roll, 8-10 lbs.             64  112,283   $281.47     ($1.39)
112   Rib, ribeye roll, 10-up lbs.            45   45,998   $293.18     ($6.56)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   14,315   $426.75       $0.58
112A  Rib, ribeye roll-lip-on, 8-up lbs.      10   17,520   $313.48     ($9.64)
      Chuck, boneless 85%                      8  163,500   $164.68       
120   Chuck, brisket                          24   27,190   $230.37       $5.40
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           19   64,739   $230.47       $0.67
169A  Round, top inside c-off, 8-10 lbs.       5   44,630   $271.78     ($0.94)
169A  Round, top inside c-off, 10-14 lbs.     44  354,825   $265.11       $1.19
169A  Round, top inside c-off, 14-up lbs.      9   64,086   $267.85     ($1.39)
171B  Round, outside round                     8   52,159   $237.55       $0.69
171C  Round, eye of round                     36   50,611   $261.84       $0.45
      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.            44  103,711   $252.92      $15.01
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  45   95,588   $211.73       $0.66
185A  Loin, bottom sirloin butt flap, bnls.   66  327,579   $242.98    ($10.08)
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.              43   78,032   $251.68     ($0.94)
112   Rib, ribeye roll, 8-up lbs.             28   82,651   $265.78     ($2.30)
100% LEAN
      Inside round - Combo                    16   87,013   $273.81     ($5.19)
      Inside round - Boxed                    35   50,815   $290.44       $0.74
      Outside round                            4   40,464   $271.32     ($0.23)
      Eye of round                             8   18,402   $272.11     ($0.33)
      Flats and eyes - Combo                  30  380,574   $265.43       $0.60
      Flats and eyes - Boxed                            
      Striploin                               48  100,768   $333.86     ($4.07)
      S.P.B. - Combo                          24  386,276   $261.71     ($0.81)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     51  176,074   $216.56       $1.14
167A  Round, knuckle, peeled                  44  271,708   $227.13       $0.82
190   Loin, tenderloin, 2-3 lbs.              14   20,922   $426.24     ($3.29)
190   Loin, tenderloin, 3-4 lbs.              37   34,988   $434.06     ($2.57)
190   Loin, tenderloin, 4-5 lbs.             155  247,097   $473.15     ($6.49)
190   Loin, tenderloin, 5-up lbs.             49   45,065   $495.34     ($1.00)
193   Flank, flank steak                     102  153,701   $253.82       $1.48
      Flank, rough                            61   77,906   $237.58     ($1.73)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   23,506   $279.48      $25.51
112   Rib, ribeye roll, 8-10 lbs.              3    2,973   $275.88      $26.37
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.              17  168,103   $244.31     ($0.34)
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                      18   62,357   $201.38     ($8.45)
--------------------------------------------------------------------------------
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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