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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 4/17/2014

LM_XB405
Des Moines, IA                 Thu, Apr 17, 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:               $194.64
Change from prior day:              ($1.12)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $246.27        $137.52       ($1.28)
100% lean inside round                      $323.56          $7.51         $0.05
100% lean, flats and eyes                   $310.15          $7.20         $0.04
100% lean, S.P.B.                           $305.23         $15.26         $0.06
Chuck Tender                                $256.15          $2.56         
Knuckle                   4-7 lbs.          $267.64          $6.77       ($0.01)
Tenderloin                2-3 lbs.          $422.26          $2.24         
Tenderloin                3-4 lbs.          $465.66          $3.45         
Ribeye Roll               4-6 lbs.          $281.00          $2.95         
Ribeye Roll               6-8 lbs.          $313.48          $2.32         $0.01
Ribeye Roll               8up lbs.          $310.78          $2.27         
Flank Steak                                 $289.88          $1.22         $0.01
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                 24.76  loads --              990,463  pounds
Cutter/Canner Cuts                  4.79  loads --              191,516  pounds
Boner/Breaker/Cutter/Canner        23.06  loads --              922,350  pounds
100% Lean Items                    33.71  loads --            1,348,542  pounds
Frozen Cuts                         3.16  loads --              126,363  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12    6,835   $367.61       $7.85
112   Rib, ribeye roll, 8-10 lbs.             64   94,725   $351.52     ($2.20)
112   Rib, ribeye roll, 10-up lbs.            63   66,967   $351.97       $2.56
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      20   37,186   $382.12     ($0.62)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   27,387   $364.07      $19.59
      Chuck, boneless 85%                      6   48,001   $231.52      $10.83
120   Chuck, brisket                          30   18,349   $275.48       $3.43
168   Round, top inside, 10-dn lbs.            5    9,515   $251.12       
168   Round, top inside, 10-up lbs.           21   57,575   $279.28       $6.12
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     27  172,879   $322.04       $0.13
169A  Round, top inside c-off, 14-up lbs.     10   58,065   $327.84     ($0.07)
171B  Round, outside round                    12   71,230   $276.89    ($14.96)
171C  Round, eye of round                     26   36,847   $291.57     ($2.32)
      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   15,187   $287.54       $6.99
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  42  185,715   $260.92       $0.79
185A  Loin, bottom sirloin butt flap, bnls.   42   78,000   $317.98     ($4.99)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              43  114,802   $315.57       $1.08
112   Rib, ribeye roll, 8-up lbs.             29   74,377   $311.01     ($0.37)
100% LEAN
      Inside round - Combo                    16  211,855   $319.55       $3.37
      Inside round - Boxed                    48   83,955   $333.68       $0.39
      Outside round                            6   33,273   $315.23       
      Eye of round                            13   30,005   $319.02       $7.64
      Flats and eyes - Combo                  40  387,716   $309.03       $1.25
      Flats and eyes - Boxed                            
      Striploin                               48  106,705   $360.82     ($0.75)
      S.P.B. - Combo                          38  495,033   $305.23       $1.19
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     36   95,046   $256.15     ($0.20)
167A  Round, knuckle, peeled                  45  198,291   $267.64     ($0.20)
190   Loin, tenderloin, 2-3 lbs.              13   15,937   $422.26       $0.47
190   Loin, tenderloin, 3-4 lbs.              49   69,987   $465.00     ($0.58)
190   Loin, tenderloin, 4-5 lbs.             150  259,434   $478.44       $3.92
190   Loin, tenderloin, 5-up lbs.             44   47,886   $481.07     ($4.52)
193   Flank, flank steak                      75   96,064   $303.01     ($9.07)
      Flank, rough                            59  139,705   $291.79     ($0.80)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    7,345   $349.21    ($17.08)
112   Rib, ribeye roll, 8-10 lbs.              6   17,675   $316.27     ($6.50)
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.               8   12,073   $293.61       
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.               3   50,064   $456.27     ($1.68)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       9   25,856   $241.10       $3.71
--------------------------------------------------------------------------------
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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