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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 1/20/2014

LM_XB405
Des Moines, IA                 Mon, Jan 20, 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:               $174.65
Change from prior day:                $0.48
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $220.95        $123.38         $0.41
100% lean inside round                      $278.01          $6.45         $0.04
100% lean, flats and eyes                   $269.30          $6.25         
100% lean, S.P.B.                           $266.95         $13.35         $0.05
Chuck Tender                                $262.96          $2.63         $0.01
Knuckle                   4-7 lbs.          $268.19          $6.79       ($0.01)
Tenderloin                2-3 lbs.          $431.83          $2.29         $0.01
Tenderloin                3-4 lbs.          $453.54          $3.36         
Ribeye Roll               4-6 lbs.          $248.43          $2.61         
Ribeye Roll               6-8 lbs.          $260.45          $1.93         $0.02
Ribeye Roll               8up lbs.          $263.51          $1.92         $0.01
Flank Steak                                 $255.66          $1.07         
Kidney, Edible                               $30.53          $0.14         $0.01
Fat, inedible                                $22.61          $0.52         
Bone                                          $8.16          $1.96       ($0.07)
--------------------------------------------------------------------------------
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                 27.47  loads --            1,098,749  pounds
Cutter/Canner Cuts                  3.39  loads --              135,502  pounds
Boner/Breaker/Cutter/Canner        26.32  loads --            1,052,636  pounds
100% Lean Items                    34.30  loads --            1,372,071  pounds
Frozen Cuts                         5.17  loads --              206,936  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6   14,260   $285.37       $0.25
112   Rib, ribeye roll, 8-10 lbs.             67  142,585   $299.96     ($0.03)
112   Rib, ribeye roll, 10-up lbs.            54   98,792   $293.79       $0.41
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      22   21,998   $310.39       $2.69
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   40,618   $288.74     ($1.35)
      Chuck, boneless 85%                      4    6,649   $227.20       $0.88
120   Chuck, brisket                          36   31,217   $222.58     ($0.84)
168   Round, top inside, 10-dn lbs.            3    1,100   $438.61
168   Round, top inside, 10-up lbs.           22   73,393   $253.57       $7.93
169A  Round, top inside c-off, 8-10 lbs.      10  100,348   $222.63     ($2.26)
169A  Round, top inside c-off, 10-14 lbs.     22   95,488   $275.44       $1.30
169A  Round, top inside c-off, 14-up lbs.     10   42,852   $281.45     ($1.23)
171B  Round, outside round                    18  146,873   $271.89       $0.94
171C  Round, eye of round                     48   69,767   $281.29       $0.79
      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.            13   20,190   $228.28     ($1.16)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  29   47,377   $247.42       $3.95
185A  Loin, bottom sirloin butt flap, bnls.   47  139,239   $255.63     ($2.82)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              38   97,968   $260.95     ($0.78)
112   Rib, ribeye roll, 8-up lbs.             13   36,595   $263.51       $2.25
100% LEAN
      Inside round - Combo                    32  329,395   $275.38       $2.30
      Inside round - Boxed                    28   57,431   $293.08       $1.73
      Outside round                            7   45,607   $273.44     ($0.96)
      Eye of round                            12   19,345   $275.63     ($1.46)
      Flats and eyes - Combo                  36  315,821   $268.31       $0.55
      Flats and eyes - Boxed                            
      Striploin                               52  184,643   $332.01       $0.82
      S.P.B. - Combo                          35  419,829   $266.95       $0.91
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     53  140,745   $262.96       $0.48
167A  Round, knuckle, peeled                  61  368,299   $268.19     ($0.65)
190   Loin, tenderloin, 2-3 lbs.              12    8,683   $431.83       $1.46
190   Loin, tenderloin, 3-4 lbs.              33   46,545   $450.20       $0.93
190   Loin, tenderloin, 4-5 lbs.             127  253,931   $462.64     ($4.45)
190   Loin, tenderloin, 5-up lbs.             32   24,350   $500.49       $3.68
193   Flank, flank steak                      87  113,368   $263.26       $1.97
      Flank, rough                            52   96,715   $240.65       $0.55
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6   24,055   $283.75       $0.08
112   Rib, ribeye roll, 8-10 lbs.              4   12,955   $279.58       $1.11
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       
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.               4   10,342   $255.72       $9.86
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   53,943   $456.41       
190   Loin, tenderloin, 4-5 lbs.               4   44,200   $478.26       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      14   37,435   $232.65     ($1.04)
--------------------------------------------------------------------------------
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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