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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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  5. 2/18/2014

Past Market Reports

Report Date: 2/18/2014 

LM_XB405
Des Moines, IA                 Tue, Feb 18, 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:               $184.82
Change from prior day:                $0.78
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $239.07        $133.50         $0.54
100% lean inside round                      $283.96          $6.59         $0.03
100% lean, flats and eyes                   $276.05          $6.40         
100% lean, S.P.B.                           $269.39         $13.47         $0.04
Chuck Tender                                $275.32          $2.75         $0.01
Knuckle                   4-7 lbs.          $261.85          $6.62         $0.01
Tenderloin                2-3 lbs.          $389.79          $2.07         $0.03
Tenderloin                3-4 lbs.          $440.84          $3.26         $0.03
Ribeye Roll               4-6 lbs.          $243.86          $2.56         $0.08
Ribeye Roll               6-8 lbs.          $265.10          $1.96         
Ribeye Roll               8up lbs.          $264.74          $1.93         $0.01
Flank Steak                                 $250.66          $1.05         
Kidney, Edible                               $29.56          $0.14         
Fat, inedible                                $22.61          $0.52         
Bone                                          $8.32          $2.00         
--------------------------------------------------------------------------------
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                 36.56  loads --            1,462,552  pounds
Cutter/Canner Cuts                  4.19  loads --              167,467  pounds
Boner/Breaker/Cutter/Canner        23.07  loads --              922,638  pounds
100% Lean Items                    30.61  loads --            1,224,506  pounds
Frozen Cuts                         6.34  loads --              253,715  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              13   41,864   $300.65       $0.98
112   Rib, ribeye roll, 8-10 lbs.             67  145,279   $300.28       $5.84
112   Rib, ribeye roll, 10-up lbs.            53   73,722   $303.42     ($1.53)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      26   17,432   $321.28       $7.16
112A  Rib, ribeye roll-lip-on, 8-up lbs.      21   58,016   $312.82       $0.55
      Chuck, boneless 85%                      8  161,500   $200.36       $0.30
120   Chuck, brisket                          20   11,958   $223.64       $3.01
168   Round, top inside, 10-dn lbs.            3    7,400   $256.00       
168   Round, top inside, 10-up lbs.           29   90,350   $245.03       $2.58
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     47  366,389   $278.20       $0.02
169A  Round, top inside c-off, 14-up lbs.     14   71,500   $285.75       $1.71
171B  Round, outside round                    19  118,774   $266.87     ($2.49)
171C  Round, eye of round                     29   49,420   $285.41     ($0.84)
      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   22,860   $249.17     ($0.30)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  33   74,018   $244.39     ($0.06)
185A  Loin, bottom sirloin butt flap, bnls.   44  144,220   $268.81       $1.03
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              38  120,933   $266.72     ($0.84)
112   Rib, ribeye roll, 8-up lbs.             28   45,659   $265.32       $1.20
100% LEAN
      Inside round - Combo                    20  152,964   $282.84     ($0.46)
      Inside round - Boxed                    35   62,169   $286.69       $5.12
      Outside round                            6   30,450   $275.62     ($0.82)
      Eye of round                            10   16,885   $281.04       $1.38
      Flats and eyes - Combo                  36  400,722   $275.87       $0.38
      Flats and eyes - Boxed                            
      Striploin                               62  154,995   $332.98       $2.28
      S.P.B. - Combo                          33  406,321   $269.39       $0.72
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     57  157,266   $275.32       $1.63
167A  Round, knuckle, peeled                  56  283,696   $261.85       $0.65
190   Loin, tenderloin, 2-3 lbs.              15   11,359   $427.79       $3.28
190   Loin, tenderloin, 3-4 lbs.              38   36,462   $440.84       $3.73
190   Loin, tenderloin, 4-5 lbs.             153  171,189   $465.08       $4.12
190   Loin, tenderloin, 5-up lbs.             45   42,406   $467.62       $8.61
193   Flank, flank steak                      99  131,918   $249.35       $0.13
      Flank, rough                            51   88,342   $243.63       $0.81
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   23,506   $283.73     ($0.35)
112   Rib, ribeye roll, 8-10 lbs.              3   56,625   $260.97     ($1.16)
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.
112   Rib, ribeye roll, 6-8 lbs.               7   28,941   $258.34       $4.30
112   Rib, ribeye roll, 8-up lbs.              3    9,254   $261.90       
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.
190   Loin, tenderloin, 3-4 lbs.                        
190   Loin, tenderloin, 4-5 lbs.               4   83,300   $450.77       
190   Loin, tenderloin, 5-up lbs.              3   12,350   $428.00       
193   Flank, flank steak                       7   16,940   $260.85       $0.42
--------------------------------------------------------------------------------
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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