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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 1/16/2014

LM_XB405
Des Moines, IA                 Thu, Jan 16, 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:               $175.55
Change from prior day:                $1.23
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $222.68        $124.34         $0.97
100% lean inside round                      $276.72          $6.42         
100% lean, flats and eyes                   $270.98          $6.29         $0.03
100% lean, S.P.B.                           $266.36         $13.32         $0.06
Chuck Tender                                $261.89          $2.62         $0.03
Knuckle                   4-7 lbs.          $268.43          $6.79         $0.07
Tenderloin                2-3 lbs.          $429.42          $2.28         
Tenderloin                3-4 lbs.          $447.32          $3.31         $0.04
Ribeye Roll               4-6 lbs.          $248.43          $2.61         
Ribeye Roll               6-8 lbs.          $259.15          $1.92         $0.01
Ribeye Roll               8up lbs.          $261.79          $1.91       ($0.02)
Flank Steak                                 $252.27          $1.06         $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                 23.87  loads --              954,992  pounds
Cutter/Canner Cuts                  3.46  loads --              138,410  pounds
Boner/Breaker/Cutter/Canner        24.09  loads --              963,553  pounds
100% Lean Items                    31.54  loads --            1,261,508  pounds
Frozen Cuts                         6.53  loads --              261,261  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   15,136   $286.53
112   Rib, ribeye roll, 8-10 lbs.             61  141,746   $299.52       $0.09
112   Rib, ribeye roll, 10-up lbs.            51   74,105   $293.10     ($1.82)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      27   37,832   $300.05       $2.20
112A  Rib, ribeye roll-lip-on, 8-up lbs.      19   49,737   $288.86     ($6.04)
      Chuck, boneless 85%                      3    6,044   $226.32       
120   Chuck, brisket                          33   28,294   $222.43       $1.29
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           20   59,890   $242.70       $1.61
169A  Round, top inside c-off, 8-10 lbs.       4   32,508   $212.56       $3.12
169A  Round, top inside c-off, 10-14 lbs.     24  103,332   $273.58       $0.89
169A  Round, top inside c-off, 14-up lbs.      6   25,271   $282.65     ($0.15)
171B  Round, outside round                    22  153,154   $269.48       $3.86
171C  Round, eye of round                     52   59,665   $278.01       $1.85
      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    5,422   $235.06     ($1.44)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  34   59,586   $241.17       $1.81
185A  Loin, bottom sirloin butt flap, bnls.   41   96,967   $254.60       $8.53
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              46  105,836   $262.47       $0.79
112   Rib, ribeye roll, 8-up lbs.             14   31,635   $261.79     ($6.08)
100% LEAN
      Inside round - Combo                    34  366,529   $273.85       $1.34
      Inside round - Boxed                    38   77,594   $290.27     ($0.78)
      Outside round                            5   35,756   $278.88       $4.29
      Eye of round                            14   20,533   $277.24     ($0.10)
      Flats and eyes - Combo                  33  262,457   $269.41       $0.52
      Flats and eyes - Boxed                            
      Striploin                               49  175,039   $328.59       $0.03
      S.P.B. - Combo                          29  323,600   $266.36       $1.11
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     51  146,666   $261.89       $2.49
167A  Round, knuckle, peeled                  52  280,452   $268.43       $2.82
190   Loin, tenderloin, 2-3 lbs.              17   17,619   $429.42       $0.18
190   Loin, tenderloin, 3-4 lbs.              29   76,914   $439.95     ($0.53)
190   Loin, tenderloin, 4-5 lbs.             123  186,592   $460.65       $0.44
190   Loin, tenderloin, 5-up lbs.             33   28,400   $503.26       $4.91
193   Flank, flank steak                      90  115,894   $259.75       $3.56
      Flank, rough                            58  111,016   $240.03       $0.28
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   32,231   $284.04     ($1.66)
112   Rib, ribeye roll, 8-10 lbs.              7   25,092   $272.96       $5.25
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.             4   10,556   $323.69     ($0.22)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.               9   26,567   $245.93       $0.13
112   Rib, ribeye roll, 8-up lbs.                       
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.                        
190   Loin, tenderloin, 3-4 lbs.               3   46,800   $459.44
190   Loin, tenderloin, 4-5 lbs.               6   60,700   $475.99       $5.65
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      16   48,865   $234.52      $12.44
--------------------------------------------------------------------------------
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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