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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 11/14/2013

LM_XB405
Des Moines, IA                 Thu, Nov 14, 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:               $155.28
Change from prior day:              ($0.49)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $190.57        $106.41       ($0.48)
100% lean inside round                      $276.80          $6.42       ($0.01)
100% lean, flats and eyes                   $266.86          $6.19       ($0.01)
100% lean, S.P.B.                           $263.60         $13.18         $0.06
Chuck Tender                                $226.87          $2.27       ($0.01)
Knuckle                   4-7 lbs.          $220.46          $5.58       ($0.05)
Tenderloin                2-3 lbs.          $419.62          $2.22       ($0.02)
Tenderloin                3-4 lbs.          $441.87          $3.27         $0.07
Ribeye Roll               4-6 lbs.          $231.00          $2.43         
Ribeye Roll               6-8 lbs.          $250.75          $1.86         
Ribeye Roll               8up lbs.          $256.16          $1.87       ($0.03)
Flank Steak                                 $251.80          $1.06       ($0.01)
Kidney, Edible                               $28.21          $0.13         
Fat, inedible                                $22.11          $0.51         
Bone                                          $7.84          $1.88         
--------------------------------------------------------------------------------
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                 38.88  loads --            1,555,159  pounds
Cutter/Canner Cuts                  2.91  loads --              116,379  pounds
Boner/Breaker/Cutter/Canner        24.34  loads --              973,423  pounds
100% Lean Items                    33.71  loads --            1,348,574  pounds
Frozen Cuts                         4.91  loads --              196,263  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   51,994   $258.12       $0.02
112   Rib, ribeye roll, 8-10 lbs.             78  226,506   $277.47     ($3.76)
112   Rib, ribeye roll, 10-up lbs.            58   94,116   $284.41     ($2.28)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23   10,978   $401.00     ($0.35)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      13   27,261   $293.71       $3.86
      Chuck, boneless 85%                      8  161,500   $164.59       $0.32
120   Chuck, brisket                          20   16,337   $208.81       $1.60
168   Round, top inside, 10-dn lbs.            4    7,408   $271.10       
168   Round, top inside, 10-up lbs.           22   55,482   $228.01     ($5.38)
169A  Round, top inside c-off, 8-10 lbs.       5   15,410   $268.67       $0.29
169A  Round, top inside c-off, 10-14 lbs.     36  351,570   $265.31     ($0.05)
169A  Round, top inside c-off, 14-up lbs.     11   81,866   $266.59       $0.12
171B  Round, outside round                    11   67,023   $246.58       $1.26
171C  Round, eye of round                     35   50,587   $263.20       $0.09
      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.            28  154,352   $206.24     ($8.95)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  36   51,590   $216.78     ($4.82)
185A  Loin, bottom sirloin butt flap, bnls.   45  125,959   $237.80     ($7.45)
191A  Loin, butt tender, peeled                3    4,080   $494.10       
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              29   30,178   $257.13       $3.18
112   Rib, ribeye roll, 8-up lbs.             17   83,767   $256.16     ($4.37)
100% LEAN
      Inside round - Combo                    29  286,203   $274.40     ($0.29)
      Inside round - Boxed                    31   41,990   $293.15       $1.81
      Outside round                            5   30,849   $265.26
      Eye of round                            10   16,332   $270.25     ($2.41)
      Flats and eyes - Combo                  28  347,246   $266.84       $0.06
      Flats and eyes - Boxed                            
      Striploin                               55  207,220   $332.28       $0.14
      S.P.B. - Combo                          33  418,734   $263.60       $1.25
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     50  106,391   $226.87     ($1.21)
167A  Round, knuckle, peeled                  48  315,274   $220.46     ($1.94)
190   Loin, tenderloin, 2-3 lbs.              11    8,608   $419.62     ($3.46)
190   Loin, tenderloin, 3-4 lbs.              33   36,207   $431.05       $8.92
190   Loin, tenderloin, 4-5 lbs.             153  190,992   $485.64       $5.81
190   Loin, tenderloin, 5-up lbs.             45   47,179   $520.27      $14.03
193   Flank, flank steak                     126  179,427   $258.31     ($3.52)
      Flank, rough                            56   89,345   $237.96     ($2.09)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   19,051   $281.35       $0.82
112   Rib, ribeye roll, 8-10 lbs.              3   38,100   $277.82       $0.35
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.               6   23,980   $242.70     ($0.52)
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    4,592   $457.76       $2.64
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                      19   60,772   $232.59     ($0.27)
--------------------------------------------------------------------------------
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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