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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 4/16/2014

LM_XB405
Des Moines, IA                 Wed, Apr 16, 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:               $195.76
Change from prior day:              ($3.81)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $248.57        $138.80       ($3.96)
100% lean inside round                      $321.65          $7.46         $0.04
100% lean, flats and eyes                   $308.64          $7.16         $0.01
100% lean, S.P.B.                           $304.04         $15.20         $0.03
Chuck Tender                                $256.35          $2.56       ($0.02)
Knuckle                   4-7 lbs.          $267.84          $6.78         
Tenderloin                2-3 lbs.          $421.79          $2.24         
Tenderloin                3-4 lbs.          $465.67          $3.45       ($0.02)
Ribeye Roll               4-6 lbs.          $281.00          $2.95         $0.10
Ribeye Roll               6-8 lbs.          $312.40          $2.31         $0.03
Ribeye Roll               8up lbs.          $311.14          $2.27         
Flank Steak                                 $287.91          $1.21       ($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                 30.50  loads --            1,219,907  pounds
Cutter/Canner Cuts                  4.65  loads --              185,890  pounds
Boner/Breaker/Cutter/Canner        23.51  loads --              940,256  pounds
100% Lean Items                    34.36  loads --            1,374,364  pounds
Frozen Cuts                         4.07  loads --              162,672  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10    4,185   $359.76     ($3.16)
112   Rib, ribeye roll, 8-10 lbs.             64  100,112   $353.72       $0.46
112   Rib, ribeye roll, 10-up lbs.            66   64,895   $349.41       $0.17
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      21   38,763   $382.74     ($3.95)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      13   23,724   $344.48     ($0.22)
      Chuck, boneless 85%                     12  189,001   $220.69     ($2.37)
120   Chuck, brisket                          30   24,950   $272.05       $1.81
168   Round, top inside, 10-dn lbs.            5    9,515   $251.12       
168   Round, top inside, 10-up lbs.           22   61,567   $273.16     ($5.08)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     23  142,080   $321.91     ($0.07)
169A  Round, top inside c-off, 14-up lbs.      9   57,415   $327.91     ($0.49)
171B  Round, outside round                    14  177,390   $291.85     ($0.23)
171C  Round, eye of round                     32   56,836   $293.89     ($0.99)
      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.            15   15,949   $280.55       $5.72
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  47  193,866   $260.13     ($5.12)
185A  Loin, bottom sirloin butt flap, bnls.   41   53,509   $322.97      $16.98
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              44  108,551   $314.49       $2.00
112   Rib, ribeye roll, 8-up lbs.             30   75,002   $311.38       $0.74
100% LEAN
      Inside round - Combo                    19  204,041   $316.18       $2.99
      Inside round - Boxed                    54   96,003   $333.29     ($0.10)
      Outside round                            6   33,273   $315.23
      Eye of round                            15   37,852   $311.38       
      Flats and eyes - Combo                  40  376,764   $307.78       $0.30
      Flats and eyes - Boxed                            
      Striploin                               44   92,444   $361.57     ($2.55)
      S.P.B. - Combo                          38  533,987   $304.04       $0.66
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     35   89,727   $256.35     ($1.45)
167A  Round, knuckle, peeled                  46  205,877   $267.84     ($0.30)
190   Loin, tenderloin, 2-3 lbs.              18   23,533   $421.79     ($0.14)
190   Loin, tenderloin, 3-4 lbs.              59  131,624   $465.58     ($3.22)
190   Loin, tenderloin, 4-5 lbs.             155  258,202   $474.52     ($0.63)
190   Loin, tenderloin, 5-up lbs.             42   49,920   $485.59    ($31.47)
193   Flank, flank steak                      69   76,607   $312.08     ($1.65)
      Flank, rough                            49  104,766   $292.59       $4.78
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   12,601   $366.29     ($1.74)
112   Rib, ribeye roll, 8-10 lbs.             11   32,453   $322.77      $10.74
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.               8   12,073   $293.61       $7.57
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   54,744   $457.95       $7.12
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      11   36,651   $237.39     ($0.85)
--------------------------------------------------------------------------------
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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