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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 4/25/2014

LM_XB405
Des Moines, IA                 Fri, Apr 25, 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:               $195.70
Change from prior day:                $1.15
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $247.87        $138.41         $1.13
100% lean inside round                      $327.36          $7.59       ($0.04)
100% lean, flats and eyes                   $311.81          $7.23         
100% lean, S.P.B.                           $307.05         $15.35         
Chuck Tender                                $253.76          $2.54         $0.01
Knuckle                   4-7 lbs.          $264.62          $6.69         $0.04
Tenderloin                2-3 lbs.          $398.24          $2.11       ($0.01)
Tenderloin                3-4 lbs.          $476.88          $3.53         $0.01
Ribeye Roll               4-6 lbs.          $277.06          $2.91         
Ribeye Roll               6-8 lbs.          $323.23          $2.39         
Ribeye Roll               8up lbs.          $317.11          $2.31         $0.01
Flank Steak                                 $309.13          $1.30         
Kidney, Edible                               $33.51          $0.15         
Fat, inedible                                $27.30          $0.63         
Bone                                         $10.67          $2.56         
--------------------------------------------------------------------------------
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                 37.55  loads --            1,502,124  pounds
Cutter/Canner Cuts                  5.30  loads --              212,083  pounds
Boner/Breaker/Cutter/Canner        21.84  loads --              873,527  pounds
100% Lean Items                    33.41  loads --            1,336,578  pounds
Frozen Cuts                         2.67  loads --              106,941  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              13   22,001   $364.52       $4.82
112   Rib, ribeye roll, 8-10 lbs.             37   95,963   $356.46     ($0.51)
112   Rib, ribeye roll, 10-up lbs.            64   87,363   $361.38       $2.52
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      27   57,323   $373.63     ($1.28)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       9   27,138   $369.01     ($0.99)
      Chuck, boneless 85%                     21  433,728   $225.50       $0.09
120   Chuck, brisket                          23   21,242   $283.72     ($0.04)
168   Round, top inside, 10-dn lbs.            7    6,206   $271.43       
168   Round, top inside, 10-up lbs.           20   59,605   $273.92      $11.51
169A  Round, top inside c-off, 8-10 lbs.       8   35,910   $324.01       $0.03
169A  Round, top inside c-off, 10-14 lbs.     36  284,574   $323.33     ($0.01)
169A  Round, top inside c-off, 14-up lbs.     11   71,824   $329.25       $0.68
171B  Round, outside round                    12   47,548   $286.70       $0.32
171C  Round, eye of round                     36   53,305   $293.94     ($0.90)
      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   18,318   $279.50     ($0.07)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  22   56,345   $271.95     ($1.44)
185A  Loin, bottom sirloin butt flap, bnls.   32  123,601   $300.39    ($35.88)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              45  104,360   $323.72       $0.55
112   Rib, ribeye roll, 8-up lbs.             41  106,679   $317.11       $2.32
100% LEAN
      Inside round - Combo                    15  159,699   $321.08     ($1.29)
      Inside round - Boxed                    44   89,789   $338.53     ($0.27)
      Outside round                            3   14,465   $312.17       
      Eye of round                             7   15,513   $310.68     ($0.16)
      Flats and eyes - Combo                  40  448,113   $311.83     ($0.03)
      Flats and eyes - Boxed                            
      Striploin                               53  152,595   $359.66     ($0.21)
      S.P.B. - Combo                          33  456,404   $307.05     ($0.01)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     27  110,277   $253.76       $0.83
167A  Round, knuckle, peeled                  44  297,429   $264.62       $1.85
190   Loin, tenderloin, 2-3 lbs.              12   16,588   $413.98     ($1.08)
190   Loin, tenderloin, 3-4 lbs.              41   66,813   $476.88       $0.76
190   Loin, tenderloin, 4-5 lbs.             129  183,227   $513.15     ($8.15)
190   Loin, tenderloin, 5-up lbs.             32   33,179   $544.06     ($3.11)
193   Flank, flank steak                      73   69,211   $319.28       $0.39
      Flank, rough                            50   96,803   $294.46       $2.14
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4   41,426   $325.88       $0.01
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.               4   13,825   $319.59       
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                       7   14,371   $260.22     ($3.17)
--------------------------------------------------------------------------------
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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