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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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  5. 1/15/2014

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Report Date: 1/15/2014 

LM_XB405
Des Moines, IA                 Wed, Jan 15, 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

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:               $174.32
Change from prior day:              ($0.30)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $220.94        $123.37       ($0.81)
100% lean inside round                      $276.61          $6.42         
100% lean, flats and eyes                   $269.99          $6.26         $0.03
100% lean, S.P.B.                           $265.25         $13.26         $0.02
Chuck Tender                                $259.40          $2.59         $0.03
Knuckle                   4-7 lbs.          $265.61          $6.72         $0.22
Tenderloin                2-3 lbs.          $429.24          $2.28         $0.01
Tenderloin                3-4 lbs.          $441.37          $3.27         $0.01
Ribeye Roll               4-6 lbs.          $248.43          $2.61         $0.18
Ribeye Roll               6-8 lbs.          $258.62          $1.91         
Ribeye Roll               8up lbs.          $264.93          $1.93       ($0.03)
Flank Steak                                 $243.57          $1.02         $0.04
Kidney, Edible                               $28.33          $0.13         
Fat, inedible                                $22.61          $0.52         
Bone                                          $8.47          $2.03         
--------------------------------------------------------------------------------
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                 25.34  loads --            1,013,639  pounds
Cutter/Canner Cuts                  3.84  loads --              153,522  pounds
Boner/Breaker/Cutter/Canner        21.77  loads --              870,969  pounds
100% Lean Items                    30.42  loads --            1,216,769  pounds
Frozen Cuts                         3.97  loads --              158,665  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             59  180,124   $299.43       $0.30
112   Rib, ribeye roll, 10-up lbs.            50   69,935   $294.92       $9.78
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      26   35,880   $297.85       $2.39
112A  Rib, ribeye roll-lip-on, 8-up lbs.      19   44,237   $294.90       $3.51
      Chuck, boneless 85%                      3    6,044   $226.32       
120   Chuck, brisket                          24   21,469   $221.14       $0.84
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           22   68,917   $241.09       $1.33
169A  Round, top inside c-off, 8-10 lbs.       3   23,720   $209.44
169A  Round, top inside c-off, 10-14 lbs.     23  105,332   $272.69       $2.34
169A  Round, top inside c-off, 14-up lbs.      5   24,946   $282.80      $10.22
171B  Round, outside round                    22  150,298   $265.62       $3.81
171C  Round, eye of round                     52   65,240   $276.16     ($2.80)
      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.            11   10,980   $236.50     ($1.32)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  36   81,505   $239.36       $3.07
185A  Loin, bottom sirloin butt flap, bnls.   36  121,706   $246.07       $2.21
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              54  107,894   $261.68     ($1.13)
112   Rib, ribeye roll, 8-up lbs.             16   44,689   $267.87     ($2.80)
100% LEAN
      Inside round - Combo                    30  295,125   $272.51     ($1.44)
      Inside round - Boxed                    41   83,650   $291.05       $2.73
      Outside round                            6   37,567   $274.59       $8.25
      Eye of round                            14   20,323   $277.34     ($0.29)
      Flats and eyes - Combo                  34  292,380   $268.89       $0.21
      Flats and eyes - Boxed                            
      Striploin                               45  136,876   $328.56       $2.85
      S.P.B. - Combo                          31  350,848   $265.25       $0.37
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     41  109,067   $259.40       $3.51
167A  Round, knuckle, peeled                  49  247,331   $265.61       $8.59
190   Loin, tenderloin, 2-3 lbs.              14   15,129   $429.24       $1.84
190   Loin, tenderloin, 3-4 lbs.              29   72,541   $440.48       $0.55
190   Loin, tenderloin, 4-5 lbs.             134  213,371   $460.21       $4.30
190   Loin, tenderloin, 5-up lbs.             30   19,272   $498.35     ($2.15)
193   Flank, flank steak                      83   88,931   $256.19       $3.76
      Flank, rough                            56  105,327   $239.75       $0.74
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   12,702   $285.70       $0.05
112   Rib, ribeye roll, 8-10 lbs.              5   16,262   $267.71       $5.89
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.             5   10,816   $323.91
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.               8   25,742   $245.80     ($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.               4   19,146   $470.34       $0.16
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      17   52,192   $222.08       $8.38
--------------------------------------------------------------------------------
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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