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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/5/2014

LM_XB405
Des Moines, IA                 Mon, May 05, 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:               $195.23
Change from prior day:                $2.77
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $246.29        $137.53         $2.69
100% lean inside round                      $327.98          $7.61         $0.05
100% lean, flats and eyes                   $313.68          $7.28         $0.01
100% lean, S.P.B.                           $309.91         $15.50         $0.05
Chuck Tender                                $248.33          $2.48         
Knuckle                   4-7 lbs.          $255.89          $6.47       ($0.16)
Tenderloin                2-3 lbs.          $420.32          $2.23         $0.01
Tenderloin                3-4 lbs.          $510.69          $3.78         $0.04
Ribeye Roll               4-6 lbs.          $287.40          $3.02         
Ribeye Roll               6-8 lbs.          $319.07          $2.36         $0.01
Ribeye Roll               8up lbs.          $329.47          $2.41         $0.02
Flank Steak                                 $298.28          $1.25         $0.01
Kidney, Edible                               $31.82          $0.15         
Fat, inedible                                $27.97          $0.65         $0.02
Bone                                         $10.46          $2.51         $0.02
--------------------------------------------------------------------------------
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                 22.86  loads --              914,420  pounds
Cutter/Canner Cuts                  6.75  loads --              269,956  pounds
Boner/Breaker/Cutter/Canner        20.19  loads --              807,484  pounds
100% Lean Items                    30.57  loads --            1,222,728  pounds
Frozen Cuts                         5.08  loads --              203,098  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10   13,645   $361.62       $0.36
112   Rib, ribeye roll, 8-10 lbs.             36   81,482   $363.89     ($3.93)
112   Rib, ribeye roll, 10-up lbs.            52   45,733   $370.09       $0.86
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      21   34,369   $401.37       $4.04
112A  Rib, ribeye roll-lip-on, 8-up lbs.      12   26,199   $361.75     ($3.10)
      Chuck, boneless 85%                     12  158,266   $228.37     ($2.62)
120   Chuck, brisket                          34   21,576   $285.02       $0.82
168   Round, top inside, 10-dn lbs.            6    8,549   $253.27       $1.52
168   Round, top inside, 10-up lbs.           16   41,446   $264.39       $0.10
169A  Round, top inside c-off, 8-10 lbs.       6   18,780   $325.57       
169A  Round, top inside c-off, 10-14 lbs.     19  137,675   $325.47       $1.35
169A  Round, top inside c-off, 14-up lbs.     10  111,750   $334.65       $2.24
171B  Round, outside round                     6   21,140   $293.45    ($13.58)
171C  Round, eye of round                     24   38,185   $300.75     ($3.72)
      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.             9   30,813   $274.21     ($2.22)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  21   39,344   $275.32     ($3.91)
185A  Loin, bottom sirloin butt flap, bnls.   39   84,093   $318.95     ($1.77)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3    8,472   $287.09       
112   Rib, ribeye roll, 6-8 lbs.              60  177,323   $328.85       $2.96
112   Rib, ribeye roll, 8-up lbs.             30   84,161   $330.27       $3.45
100% LEAN
      Inside round - Combo                    16  183,843   $322.86       $1.45
      Inside round - Boxed                    35   57,463   $344.35       $8.39
      Outside round                            5   21,070   $319.03       $1.23
      Eye of round                            15   33,857   $306.71     ($0.93)
      Flats and eyes - Combo                  32  265,422   $314.14       $0.49
      Flats and eyes - Boxed                            
      Striploin                               59  215,358   $361.28       $0.62
      S.P.B. - Combo                          34  445,715   $309.91       $0.91
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     24   83,931   $248.33     ($0.02)
167A  Round, knuckle, peeled                  32  181,749   $255.89     ($6.21)
190   Loin, tenderloin, 2-3 lbs.              17   11,974   $430.39       $0.96
190   Loin, tenderloin, 3-4 lbs.              48   61,407   $510.86       $6.15
190   Loin, tenderloin, 4-5 lbs.             163  232,001   $516.80     ($1.47)
190   Loin, tenderloin, 5-up lbs.             34   33,970   $544.31    ($10.41)
193   Flank, flank steak                      74   75,610   $334.74       $4.40
      Flank, rough                            55  126,842   $286.63       $2.15
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   59,096   $324.73       
112   Rib, ribeye roll, 8-10 lbs.              5   19,451   $326.30       
112   Rib, ribeye roll, 10-up lbs.                      
112A  Rib, ribeye roll-lip-on, 8-dn lbs.       3      352   $402.06       
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.              12   47,525   $282.57     ($0.19)
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                      15   41,974   $232.60     ($2.61)
--------------------------------------------------------------------------------
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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