Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 4/4/2014

Past Market Reports

Report Date: 4/4/2014

LM_XB405
Des Moines, IA                 Fri, Apr 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:               $198.89
Change from prior day:                $0.56
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $254.48        $142.10         $0.50
100% lean inside round                      $315.99          $7.33       ($0.01)
100% lean, flats and eyes                   $301.23          $6.99         
100% lean, S.P.B.                           $297.22         $14.86         
Chuck Tender                                $273.77          $2.74         $0.01
Knuckle                   4-7 lbs.          $285.38          $7.22       ($0.03)
Tenderloin                2-3 lbs.          $413.21          $2.19       ($0.01)
Tenderloin                3-4 lbs.          $463.87          $3.43         
Ribeye Roll               4-6 lbs.          $282.00          $2.96         
Ribeye Roll               6-8 lbs.          $307.94          $2.28         $0.05
Ribeye Roll               8up lbs.          $306.27          $2.24         $0.04
Flank Steak                                 $306.42          $1.29         $0.01
Kidney, Edible                               $33.83          $0.16         
Fat, inedible                                $22.61          $0.52         
Bone                                         $10.77          $2.58         
--------------------------------------------------------------------------------
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                 29.28  loads --            1,171,310  pounds
Cutter/Canner Cuts                  3.60  loads --              144,004  pounds
Boner/Breaker/Cutter/Canner        22.16  loads --              886,400  pounds
100% Lean Items                    35.50  loads --            1,420,154  pounds
Frozen Cuts                         5.29  loads --              211,759  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9    6,541   $368.41     ($3.21)
112   Rib, ribeye roll, 8-10 lbs.             50   94,560   $339.01       $3.21
112   Rib, ribeye roll, 10-up lbs.            51   54,093   $336.48       $0.08
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   17,031   $432.83       $0.42
112A  Rib, ribeye roll-lip-on, 8-up lbs.      15   23,433   $371.42       $5.17
      Chuck, boneless 85%                     10  170,373   $222.17     ($0.61)
120   Chuck, brisket                          39   24,404   $258.01     ($0.35)
168   Round, top inside, 10-dn lbs.            7   13,120   $262.96       
168   Round, top inside, 10-up lbs.           22   96,989   $276.66       $1.28
169A  Round, top inside c-off, 8-10 lbs.       3    7,800   $315.90       
169A  Round, top inside c-off, 10-14 lbs.     33  212,033   $317.34     ($0.08)
169A  Round, top inside c-off, 14-up lbs.     11   75,141   $330.25       $3.47
171B  Round, outside round                    15  111,918   $294.18       $2.62
171C  Round, eye of round                     35   72,820   $303.39       $0.29
      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.            12   12,157   $276.13     ($1.11)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  21   36,455   $282.73       $3.73
185A  Loin, bottom sirloin butt flap, bnls.   43  142,442   $297.17       $1.20
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              30   80,625   $314.11       $8.18
112   Rib, ribeye roll, 8-up lbs.             23   63,379   $306.27       $4.02
100% LEAN
      Inside round - Combo                    22  193,942   $310.38       $0.08
      Inside round - Boxed                    41   84,122   $328.92     ($0.61)
      Outside round                            6   30,179   $304.88     ($1.70)
      Eye of round                            12   15,245   $307.80       $0.48
      Flats and eyes - Combo                  47  426,174   $300.74       $0.22
      Flats and eyes - Boxed                            
      Striploin                               48  113,941   $361.06     ($0.17)
      S.P.B. - Combo                          40  556,551   $297.22       $0.07
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     49  183,140   $273.77       $0.33
167A  Round, knuckle, peeled                  39  224,599   $285.38     ($1.06)
190   Loin, tenderloin, 2-3 lbs.              19   27,254   $413.21     ($1.39)
190   Loin, tenderloin, 3-4 lbs.              51   71,255   $466.28       $0.64
190   Loin, tenderloin, 4-5 lbs.             121  189,483   $483.87     ($0.45)
190   Loin, tenderloin, 5-up lbs.             35   27,085   $536.32    ($16.39)
193   Flank, flank steak                      80   74,710   $331.73       $1.48
      Flank, rough                            54   88,874   $285.22       $0.79
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   16,790   $352.50       
112   Rib, ribeye roll, 8-10 lbs.              8   63,275   $310.10     ($8.93)
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    3,224   $360.97       $0.39
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              13   39,480   $295.32       
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   31,530   $246.44      $14.17
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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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