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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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  5. 3/31/2014

Past Market Reports

Report Date: 3/31/2014 

LM_XB405
Des Moines, IA                 Mon, Mar 31, 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:               $204.33
Change from prior day:              ($1.18)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $264.52        $147.71       ($1.52)
100% lean inside round                      $313.44          $7.27         $0.07
100% lean, flats and eyes                   $302.19          $7.01         $0.02
100% lean, S.P.B.                           $293.76         $14.69         $0.08
Chuck Tender                                $277.52          $2.78       ($0.01)
Knuckle                   4-7 lbs.          $291.10          $7.36         
Tenderloin                2-3 lbs.          $415.45          $2.20         
Tenderloin                3-4 lbs.          $458.84          $3.40         $0.01
Ribeye Roll               4-6 lbs.          $282.00          $2.96         $0.01
Ribeye Roll               6-8 lbs.          $297.04          $2.20         $0.02
Ribeye Roll               8up lbs.          $303.56          $2.22         $0.02
Flank Steak                                 $302.55          $1.27         $0.03
Kidney, Edible                               $33.83          $0.16         $0.03
Fat, inedible                                $22.61          $0.52         
Bone                                         $10.77          $2.58         $0.06
--------------------------------------------------------------------------------
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                 32.10  loads --            1,283,932  pounds
Cutter/Canner Cuts                  4.92  loads --              196,687  pounds
Boner/Breaker/Cutter/Canner        23.65  loads --              946,180  pounds
100% Lean Items                    33.38  loads --            1,335,185  pounds
Frozen Cuts                         4.64  loads --              185,659  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              16   67,005   $321.28       
112   Rib, ribeye roll, 8-10 lbs.             60  121,600   $328.35     ($2.09)
112   Rib, ribeye roll, 10-up lbs.            55   61,186   $335.62       $3.91
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      10   10,399   $446.46       $2.37
112A  Rib, ribeye roll-lip-on, 8-up lbs.      18   39,373   $361.02       $0.35
      Chuck, boneless 85%
120   Chuck, brisket                          26   21,511   $254.21     ($2.07)
168   Round, top inside, 10-dn lbs.            8    9,302   $291.98    ($17.98)
168   Round, top inside, 10-up lbs.           16   69,456   $280.08     ($2.50)
169A  Round, top inside c-off, 8-10 lbs.       3   18,560   $315.26       
169A  Round, top inside c-off, 10-14 lbs.     49  418,609   $308.34       $1.60
169A  Round, top inside c-off, 14-up lbs.     16   74,981   $323.43       $3.83
171B  Round, outside round                    15  121,481   $287.25     ($0.23)
171C  Round, eye of round                     35   55,694   $302.39       $0.45
      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   12,403   $274.74       $0.28
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  33   61,754   $277.27       $1.61
185A  Loin, bottom sirloin butt flap, bnls.   39  114,390   $301.95       $2.50
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              50  124,209   $305.31       $2.66
112   Rib, ribeye roll, 8-up lbs.             28   72,478   $304.29       $3.16
100% LEAN
      Inside round - Combo                    21  228,249   $308.90       $2.78
      Inside round - Boxed                    42  107,147   $323.10       $1.30
      Outside round                           11  124,426   $314.37       $0.31
      Eye of round                            12   14,389   $300.37     ($4.47)
      Flats and eyes - Combo                  30  300,944   $297.23       $2.19
      Flats and eyes - Boxed
      Striploin                               73  214,958   $360.98     ($1.30)
      S.P.B. - Combo                          28  345,012   $293.76       $1.60
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     41  147,733   $277.52     ($1.14)
167A  Round, knuckle, peeled                  47  321,655   $291.10       $0.06
190   Loin, tenderloin, 2-3 lbs.              11   10,789   $418.22     ($0.02)
190   Loin, tenderloin, 3-4 lbs.              39   62,997   $458.84       $0.95
190   Loin, tenderloin, 4-5 lbs.             130  176,385   $487.03     ($5.54)
190   Loin, tenderloin, 5-up lbs.             33   32,713   $546.44       $7.04
193   Flank, flank steak                      90  120,415   $319.78       $3.10
      Flank, rough                            43   73,493   $279.64       $1.10
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   24,747   $353.90     ($1.24)
112   Rib, ribeye roll, 8-10 lbs.              7   29,888   $313.65       $1.86
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    8,700   $282.00       $0.80
112   Rib, ribeye roll, 6-8 lbs.              10   59,215   $279.69       $4.34
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                      10   34,828   $242.98       $9.55
--------------------------------------------------------------------------------
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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