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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 2/3/2014

LM_XB405
Des Moines, IA                 Mon, Feb 03, 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:               $175.00
Change from prior day:              ($1.09)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $222.27        $124.12       ($1.09)
100% lean inside round                      $280.77          $6.51       ($0.03)
100% lean, flats and eyes                   $272.50          $6.32         $0.02
100% lean, S.P.B.                           $267.52         $13.38         $0.03
Chuck Tender                                $260.12          $2.60       ($0.01)
Knuckle                   4-7 lbs.          $253.80          $6.42       ($0.04)
Tenderloin                2-3 lbs.          $423.23          $2.24         
Tenderloin                3-4 lbs.          $445.34          $3.30       ($0.01)
Ribeye Roll               4-6 lbs.          $245.00          $2.57         
Ribeye Roll               6-8 lbs.          $265.36          $1.96       ($0.02)
Ribeye Roll               8up lbs.          $262.87          $1.92       ($0.01)
Flank Steak                                 $242.96          $1.02         $0.01
Kidney, Edible                               $30.51          $0.14         $0.01
Fat, inedible                                $22.61          $0.52         
Bone                                          $8.25          $1.98         $0.05
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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                 33.97  loads --            1,358,611  pounds
Cutter/Canner Cuts                  6.06  loads --              242,279  pounds
Boner/Breaker/Cutter/Canner        23.98  loads --              959,015  pounds
100% Lean Items                    28.34  loads --            1,133,754  pounds
Frozen Cuts                         5.53  loads --              221,297  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   11,327   $293.84       $0.28
112   Rib, ribeye roll, 8-10 lbs.             54  102,295   $297.08       $3.79
112   Rib, ribeye roll, 10-up lbs.            56   74,508   $296.20       $0.92
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      30   31,867   $317.96       $1.02
112A  Rib, ribeye roll-lip-on, 8-up lbs.      12   27,772   $294.33     ($4.84)
      Chuck, boneless 85%                      8  159,006   $191.44     ($0.77)
120   Chuck, brisket                          25   17,432   $222.81     ($2.61)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           23   72,995   $255.01       $0.39
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     47  392,626   $277.01       $0.58
169A  Round, top inside c-off, 14-up lbs.      8   53,721   $281.24     ($0.37)
171B  Round, outside round                    12   75,026   $274.53     ($0.08)
171C  Round, eye of round                     39   53,200   $280.08       $1.05
      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.            10    9,448   $241.94       $5.78
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  37  109,911   $228.63       $2.36
185A  Loin, bottom sirloin butt flap, bnls.   40  154,691   $245.92       $1.00
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              45  178,164   $268.21       $1.44
112   Rib, ribeye roll, 8-up lbs.             19   64,115   $262.87     ($1.29)
100% LEAN
      Inside round - Combo                    27  227,558   $278.21     ($1.11)
      Inside round - Boxed                    36   65,603   $289.66     ($0.30)
      Outside round                           11   60,247   $274.82       $1.84
      Eye of round                            13   21,161   $274.83       $0.50
      Flats and eyes - Combo                  38  385,935   $272.01       $1.10
      Flats and eyes - Boxed                            
      Striploin                               43  139,181   $336.06     ($0.18)
      S.P.B. - Combo                          24  234,069   $267.52       $0.42
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     55  183,793   $260.12     ($0.66)
167A  Round, knuckle, peeled                  43  306,466   $253.80     ($1.57)
190   Loin, tenderloin, 2-3 lbs.              16   12,017   $433.08       $2.21
190   Loin, tenderloin, 3-4 lbs.              32   33,396   $442.66     ($1.36)
190   Loin, tenderloin, 4-5 lbs.             133  193,069   $460.74     ($2.60)
190   Loin, tenderloin, 5-up lbs.             41   21,561   $489.80    ($13.50)
193   Flank, flank steak                      85  111,299   $258.39     ($1.43)
      Flank, rough                            57   97,414   $241.75     ($1.15)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   34,365   $286.30     ($0.55)
112   Rib, ribeye roll, 8-10 lbs.              7   76,575   $277.25     ($4.64)
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.               3   18,300   $245.00       
112   Rib, ribeye roll, 6-8 lbs.               6   27,400   $246.82    ($21.60)
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                      14   44,896   $204.71       $3.00
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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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