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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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  5. 4/28/2014

Past Market Reports

Report Date: 4/28/2014 

LM_XB405
Des Moines, IA                 Mon, Apr 28, 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:               $195.18
Change from prior day:              ($0.52)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $247.11        $137.99       ($0.42)
100% lean inside round                      $323.58          $7.51       ($0.08)
100% lean, flats and eyes                   $312.98          $7.26         $0.03
100% lean, S.P.B.                           $306.97         $15.35         
Chuck Tender                                $253.28          $2.53       ($0.01)
Knuckle                   4-7 lbs.          $264.02          $6.68       ($0.01)
Tenderloin                2-3 lbs.          $397.90          $2.11         
Tenderloin                3-4 lbs.          $483.29          $3.58         $0.05
Ribeye Roll               4-6 lbs.          $277.06          $2.91         
Ribeye Roll               6-8 lbs.          $321.51          $2.38       ($0.01)
Ribeye Roll               8up lbs.          $320.01          $2.34         $0.03
Flank Steak                                 $302.83          $1.27       ($0.03)
Kidney, Edible                               $32.40          $0.15         
Fat, inedible                                $27.30          $0.63         
Bone                                         $10.36          $2.49       ($0.07)
--------------------------------------------------------------------------------
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                 38.92  loads --            1,556,770  pounds
Cutter/Canner Cuts                  4.92  loads --              196,902  pounds
Boner/Breaker/Cutter/Canner        22.08  loads --              883,235  pounds
100% Lean Items                    32.54  loads --            1,301,420  pounds
Frozen Cuts                         2.89  loads --              115,435  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              14   23,534   $364.09     ($0.43)
112   Rib, ribeye roll, 8-10 lbs.             40  114,596   $360.65       $4.19
112   Rib, ribeye roll, 10-up lbs.            67   96,959   $364.61       $3.23
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      31   49,095   $375.70       $2.07
112A  Rib, ribeye roll-lip-on, 8-up lbs.      13   32,752   $370.56       $1.55
      Chuck, boneless 85%                     20  458,310   $226.35       $0.85
120   Chuck, brisket                          25   21,947   $282.90     ($0.82)
168   Round, top inside, 10-dn lbs.           10   13,622   $259.76    ($11.67)
168   Round, top inside, 10-up lbs.           19   50,895   $276.04       $2.12
169A  Round, top inside c-off, 8-10 lbs.       7   33,860   $323.83     ($0.18)
169A  Round, top inside c-off, 10-14 lbs.     36  277,123   $322.78     ($0.55)
169A  Round, top inside c-off, 14-up lbs.      9   42,923   $330.83       $1.58
171B  Round, outside round                    10   70,453   $299.84      $13.14
171C  Round, eye of round                     38   71,761   $301.48       $7.54
      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.            10   24,743   $278.52     ($0.98)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  20   38,427   $275.37       $3.42
185A  Loin, bottom sirloin butt flap, bnls.   33  135,640   $302.02       $1.63
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              43  101,867   $320.86     ($2.86)
112   Rib, ribeye roll, 8-up lbs.             41   93,991   $320.01       $2.90
100% LEAN
      Inside round - Combo                    15  200,132   $318.43     ($2.65)
      Inside round - Boxed                    43  118,277   $332.30     ($6.23)
      Outside round
      Eye of round                             8   18,903   $314.02       $3.34
      Flats and eyes - Combo                  34  389,276   $312.86       $1.03
      Flats and eyes - Boxed                            
      Striploin                               51  140,206   $358.42     ($1.24)
      S.P.B. - Combo                          29  420,352   $306.97     ($0.08)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     29   90,640   $253.28     ($0.48)
167A  Round, knuckle, peeled                  52  315,677   $264.02     ($0.60)
190   Loin, tenderloin, 2-3 lbs.              11   14,803   $415.44       $1.46
190   Loin, tenderloin, 3-4 lbs.              44   61,890   $482.87       $5.99
190   Loin, tenderloin, 4-5 lbs.             119  176,339   $520.93       $7.78
190   Loin, tenderloin, 5-up lbs.             38   34,954   $547.45       $3.39
193   Flank, flank steak                      69   71,955   $322.38       $3.10
      Flank, rough                            56  116,977   $291.36     ($3.10)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              3   33,825   $325.41     ($0.47)
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.               3   12,175   $326.98       $7.39
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    2,270   $434.29
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                       9   23,086   $241.88    ($18.34)
--------------------------------------------------------------------------------
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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