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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 1/7/2014

LM_XB405
Des Moines, IA                 Tue, Jan 07, 2014                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

*Note: All USDA meat reports covered by Mandatory Price Reporting will be 
issued on the January 20th MLK Holiday using our normal reporting schedule*

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:               $171.53
Change from prior day:                $1.79
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $217.45        $121.42         $1.46
100% lean inside round                      $274.32          $6.36         $0.14
100% lean, flats and eyes                   $268.78          $6.24         $0.03
100% lean, S.P.B.                           $264.30         $13.21         $0.01
Chuck Tender                                $242.72          $2.43         $0.06
Knuckle                   4-7 lbs.          $248.33          $6.28         $0.04
Tenderloin                2-3 lbs.          $421.08          $2.23         
Tenderloin                3-4 lbs.          $444.30          $3.29         $0.01
Ribeye Roll               4-6 lbs.          $237.70          $2.50         $0.07
Ribeye Roll               6-8 lbs.          $247.41          $1.83         
Ribeye Roll               8up lbs.          $257.58          $1.88       ($0.03)
Flank Steak                                 $236.81          $0.99         
Kidney, Edible                               $27.67          $0.13         
Fat, inedible                                $22.61          $0.52         
Bone                                          $9.27          $2.22         
--------------------------------------------------------------------------------
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                 36.92  loads --            1,476,632  pounds
Cutter/Canner Cuts                  4.48  loads --              179,057  pounds
Boner/Breaker/Cutter/Canner        23.23  loads --              929,331  pounds
100% Lean Items                    22.70  loads --              907,917  pounds
Frozen Cuts                         5.60  loads --              223,905  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6   17,304   $286.10     ($0.47)
112   Rib, ribeye roll, 8-10 lbs.             41   63,100   $290.75     ($1.37)
112   Rib, ribeye roll, 10-up lbs.            39   89,135   $285.06       $1.29
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23   44,344   $273.75       $2.91
112A  Rib, ribeye roll-lip-on, 8-up lbs.      16   49,159   $279.09     ($2.39)
      Chuck, boneless 85%                      9  147,577   $183.57       $1.10
120   Chuck, brisket                          17   17,121   $217.10       $8.91
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           27  148,554   $222.41     ($0.43)
169A  Round, top inside c-off, 8-10 lbs.       9   66,121   $224.67       
169A  Round, top inside c-off, 10-14 lbs.     46  380,282   $267.69       $1.05
169A  Round, top inside c-off, 14-up lbs.      6   85,480   $272.74       $0.19
171B  Round, outside round                    16  112,637   $253.06       $2.25
171C  Round, eye of round                     40   57,750   $269.82       $1.22
      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.             9   17,078   $227.79       $0.04
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  31   65,143   $217.69       $6.09
185A  Loin, bottom sirloin butt flap, bnls.   43  109,761   $234.80       $1.55
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              37  138,271   $247.86     ($2.43)
112   Rib, ribeye roll, 8-up lbs.             14   39,201   $256.12     ($5.46)
100% LEAN
      Inside round - Combo                    12  133,734   $270.98       $6.38
      Inside round - Boxed                    34   48,936   $283.46       $3.15
      Outside round                           13   55,295   $273.86       $3.78
      Eye of round                            14   35,165   $269.45       $1.99
      Flats and eyes - Combo                  22  224,011   $267.42       $0.47
      Flats and eyes - Boxed                            
      Striploin                               49  111,683   $327.41       $3.98
      S.P.B. - Combo                          16  299,093   $264.30       $0.35
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     37  141,484   $242.72       $5.34
167A  Round, knuckle, peeled                  34  185,731   $248.33       $1.74
190   Loin, tenderloin, 2-3 lbs.              16   19,004   $421.08       $1.04
190   Loin, tenderloin, 3-4 lbs.              31   45,698   $444.42       $1.67
190   Loin, tenderloin, 4-5 lbs.             149  288,958   $473.42     ($6.09)
190   Loin, tenderloin, 5-up lbs.             33   37,657   $500.81      $34.55
193   Flank, flank steak                      86  110,959   $246.69       $6.24
      Flank, rough                            60   99,840   $235.27       $5.21
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   19,245   $273.03     ($7.80)
112   Rib, ribeye roll, 8-10 lbs.
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.              11   47,112   $246.08       $2.75
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                      20   65,849   $220.15     ($6.36)
--------------------------------------------------------------------------------
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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