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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 2/4/2014

LM_XB405
Des Moines, IA                 Tue, Feb 04, 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:               $175.61
Change from prior day:                $0.61
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $223.53        $124.82         $0.70
100% lean inside round                      $280.86          $6.52         $0.01
100% lean, flats and eyes                   $272.43          $6.32         
100% lean, S.P.B.                           $267.49         $13.37       ($0.01)
Chuck Tender                                $256.84          $2.57       ($0.03)
Knuckle                   4-7 lbs.          $250.04          $6.33       ($0.09)
Tenderloin                2-3 lbs.          $421.55          $2.23       ($0.01)
Tenderloin                3-4 lbs.          $444.98          $3.29       ($0.01)
Ribeye Roll               4-6 lbs.          $245.00          $2.57         
Ribeye Roll               6-8 lbs.          $265.58          $1.97         $0.01
Ribeye Roll               8up lbs.          $262.86          $1.92         
Flank Steak                                 $252.60          $1.06         $0.04
Kidney, Edible                               $30.51          $0.14         
Fat, inedible                                $22.61          $0.52         
Bone                                          $8.25          $1.98         
--------------------------------------------------------------------------------
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                 29.67  loads --            1,186,664  pounds
Cutter/Canner Cuts                  6.33  loads --              253,016  pounds
Boner/Breaker/Cutter/Canner        27.50  loads --            1,100,037  pounds
100% Lean Items                    27.78  loads --            1,111,201  pounds
Frozen Cuts                         4.72  loads --              188,687  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.             50   58,504   $303.46       $6.38
112   Rib, ribeye roll, 10-up lbs.            60   98,921   $297.43       $1.23
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      39   41,108   $319.48       $1.52
112A  Rib, ribeye roll-lip-on, 8-up lbs.      15   42,145   $307.43      $13.10
      Chuck, boneless 85%                      9  163,006   $192.36       $0.92
120   Chuck, brisket                          21   18,304   $220.53     ($2.28)
168   Round, top inside, 10-dn lbs.            4   11,042   $286.69
168   Round, top inside, 10-up lbs.           24   79,347   $252.53     ($2.48)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     32  211,863   $277.33       $0.32
169A  Round, top inside c-off, 14-up lbs.      9   53,250   $282.04       $0.80
171B  Round, outside round                    15   88,792   $271.34     ($3.19)
171C  Round, eye of round                     43   51,864   $282.54       $2.46
      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   18,548   $276.17      $34.23
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  48  138,916   $230.23       $1.60
185A  Loin, bottom sirloin butt flap, bnls.   41   99,051   $254.23       $8.31
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              46  189,148   $268.23       $0.02
112   Rib, ribeye roll, 8-up lbs.             18   63,868   $262.86     ($0.01)
100% LEAN
      Inside round - Combo                    30  265,150   $278.45       $0.24
      Inside round - Boxed                    35   62,921   $290.97       $1.31
      Outside round                            9   40,006   $274.29     ($0.53)
      Eye of round                            16   30,161   $273.64     ($1.19)
      Flats and eyes - Combo                  31  301,222   $272.06       $0.05
      Flats and eyes - Boxed                            
      Striploin                               51  165,619   $335.68     ($0.38)
      S.P.B. - Combo                          26  246,122   $267.49     ($0.03)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     62  211,926   $256.84     ($3.28)
167A  Round, knuckle, peeled                  54  384,025   $250.04     ($3.76)
190   Loin, tenderloin, 2-3 lbs.              10    6,231   $437.71       $4.63
190   Loin, tenderloin, 3-4 lbs.              37   44,138   $442.94       $0.28
190   Loin, tenderloin, 4-5 lbs.             132  227,126   $460.27     ($0.47)
190   Loin, tenderloin, 5-up lbs.             38   23,392   $489.73     ($0.07)
193   Flank, flank steak                      90  119,887   $254.55     ($3.84)
      Flank, rough                            54   83,312   $242.66       $0.91
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   25,605   $286.00     ($0.30)
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.               4   23,160   $245.00       
112   Rib, ribeye roll, 6-8 lbs.               6   27,400   $247.30       $0.48
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                      12   38,945   $246.61      $41.90
--------------------------------------------------------------------------------
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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