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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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  5. 4/15/2014

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Report Date: 4/15/2014 

LM_XB405
Des Moines, IA                 Tue, Apr 15, 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:               $199.57
Change from prior day:                $0.18
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $255.65        $142.76       ($0.01)
100% lean inside round                      $319.89          $7.42         $0.08
100% lean, flats and eyes                   $308.02          $7.15         $0.02
100% lean, S.P.B.                           $303.38         $15.17         $0.05
Chuck Tender                                $257.80          $2.58       ($0.02)
Knuckle                   4-7 lbs.          $268.14          $6.78       ($0.05)
Tenderloin                2-3 lbs.          $421.93          $2.24         $0.02
Tenderloin                3-4 lbs.          $468.89          $3.47         
Ribeye Roll               4-6 lbs.          $271.10          $2.85         
Ribeye Roll               6-8 lbs.          $307.82          $2.28         $0.05
Ribeye Roll               8up lbs.          $310.37          $2.27         $0.02
Flank Steak                                 $291.73          $1.23         $0.02
Kidney, Edible                               $32.45          $0.15         
Fat, inedible                                $27.30          $0.63         
Bone                                         $10.79          $2.59         
--------------------------------------------------------------------------------
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                 28.81  loads --            1,152,365  pounds
Cutter/Canner Cuts                  4.25  loads --              170,076  pounds
Boner/Breaker/Cutter/Canner        23.54  loads --              941,444  pounds
100% Lean Items                    36.19  loads --            1,447,561  pounds
Frozen Cuts                         5.35  loads --              214,082  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              13   10,245   $362.92     ($0.04)
112   Rib, ribeye roll, 8-10 lbs.             61   98,482   $353.26       $1.00
112   Rib, ribeye roll, 10-up lbs.            67   66,199   $349.24       $4.72
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      21   37,683   $386.69    ($19.52)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      12   22,622   $344.70       $0.25
      Chuck, boneless 85%                     13  199,001   $223.06     ($2.28)
120   Chuck, brisket                          32   20,402   $270.24       $2.67
168   Round, top inside, 10-dn lbs.            5    9,515   $251.12     ($1.17)
168   Round, top inside, 10-up lbs.           18   46,557   $278.24       $2.02
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     20  123,702   $321.98       $0.07
169A  Round, top inside c-off, 14-up lbs.      8   52,400   $328.40       $7.63
171B  Round, outside round                    14  175,840   $292.08     ($2.36)
171C  Round, eye of round                     31   56,336   $294.88     ($2.70)
      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.            16   33,739   $274.83       $0.94
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  37   87,623   $265.25     ($2.04)
185A  Loin, bottom sirloin butt flap, bnls.   44  104,769   $305.99       $6.88
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              42  102,805   $312.49       $8.45
112   Rib, ribeye roll, 8-up lbs.             26   64,934   $310.64       $2.26
100% LEAN
      Inside round - Combo                    24  215,615   $313.19       $2.76
      Inside round - Boxed                    59  106,930   $333.39       $0.91
      Outside round
      Eye of round                            15   37,852   $311.38       $3.66
      Flats and eyes - Combo                  44  410,610   $307.48       $0.44
      Flats and eyes - Boxed                            
      Striploin                               52   99,532   $364.12       $5.36
      S.P.B. - Combo                          41  561,222   $303.38       $1.05
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31   85,601   $257.80     ($2.65)
167A  Round, knuckle, peeled                  56  243,644   $268.14     ($1.81)
190   Loin, tenderloin, 2-3 lbs.              20   27,562   $421.93       $1.25
190   Loin, tenderloin, 3-4 lbs.              62  117,665   $468.80     ($0.29)
190   Loin, tenderloin, 4-5 lbs.             157  265,650   $475.15     ($0.99)
190   Loin, tenderloin, 5-up lbs.             37   30,170   $517.06    ($11.17)
193   Flank, flank steak                      72   90,322   $313.73     ($4.83)
      Flank, rough                            49   80,830   $287.81     ($3.78)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   10,411   $368.03
112   Rib, ribeye roll, 8-10 lbs.             11   73,103   $312.03       $2.87
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.             3    5,304   $327.35       
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              13   22,033   $286.04     ($0.22)
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.               7   46,224   $450.83    ($18.44)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      12   37,161   $238.24       $6.27
--------------------------------------------------------------------------------
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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