Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 5/29/2014

Past Market Reports

Report Date: 5/29/2014

LM_XB405
Des Moines, IA                 Thu, May 29, 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:                $0.07
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $243.03        $135.71       ($0.01)
100% lean inside round                      $339.13          $7.87         
100% lean, flats and eyes                   $323.53          $7.51         $0.01
100% lean, S.P.B.                           $318.47         $15.92         $0.01
Chuck Tender                                $263.65          $2.64         $0.01
Knuckle                   4-7 lbs.          $263.34          $6.66         $0.02
Tenderloin                2-3 lbs.          $453.51          $2.40         $0.01
Tenderloin                3-4 lbs.          $544.13          $4.03         
Ribeye Roll               4-6 lbs.          $285.67          $3.00         $0.01
Ribeye Roll               6-8 lbs.          $332.45          $2.46         $0.06
Ribeye Roll               8up lbs.          $348.19          $2.54       ($0.03)
Flank Steak                                 $318.56          $1.34       ($0.02)
Kidney, Edible                               $32.00          $0.15         
Fat, inedible                                $27.97          $0.65         
Bone                                          $9.80          $2.35         
--------------------------------------------------------------------------------
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                 20.51  loads --              820,309  pounds
Cutter/Canner Cuts                  6.45  loads --              258,171  pounds
Boner/Breaker/Cutter/Canner        16.54  loads --              661,507  pounds
100% Lean Items                    29.20  loads --            1,167,907  pounds
Frozen Cuts                         3.70  loads --              147,998  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   13,575   $394.53       $2.18
112   Rib, ribeye roll, 8-10 lbs.             36   85,753   $390.33     ($2.41)
112   Rib, ribeye roll, 10-up lbs.            52   82,703   $392.20       $0.90
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      20   13,520   $471.20       $1.56
112A  Rib, ribeye roll-lip-on, 8-up lbs.      15   27,621   $399.26       $1.37
      Chuck, boneless 85%                      8   74,286   $235.40      $22.28
120   Chuck, brisket                          26   22,419   $264.76     ($3.62)
168   Round, top inside, 10-dn lbs.            3    8,073   $233.42       
168   Round, top inside, 10-up lbs.           20   87,446   $244.81     ($1.69)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     12  113,632   $325.25       $0.84
169A  Round, top inside c-off, 14-up lbs.      6   45,247   $336.75     ($2.02)
171B  Round, outside round                     7   55,108   $318.66       $1.04
171C  Round, eye of round                     32   45,213   $302.31       $8.18
      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.             8    7,915   $301.36       $6.86
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  12   23,592   $264.96       $5.89
185A  Loin, bottom sirloin butt flap, bnls.   32  107,681   $299.33     ($0.77)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4   15,339   $285.67       $0.62
112   Rib, ribeye roll, 6-8 lbs.              41  175,351   $341.25       $6.49
112   Rib, ribeye roll, 8-up lbs.             24   67,481   $349.89     ($3.93)
100% LEAN
      Inside round - Combo                    16  177,171   $335.16       $0.28
      Inside round - Boxed                    40   64,525   $350.04     ($1.06)
      Outside round                            4   17,840   $309.59       
      Eye of round                             4    8,230   $330.60       $2.34
      Flats and eyes - Combo                  32  378,749   $324.04       $0.43
      Flats and eyes - Boxed                            
      Striploin                               44   99,661   $359.15     ($2.37)
      S.P.B. - Combo                          28  421,731   $318.47       $0.17
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33  103,662   $263.65       $0.36
167A  Round, knuckle, peeled                  34  138,035   $263.34       $0.96
190   Loin, tenderloin, 2-3 lbs.              11   10,513   $453.51       $2.64
190   Loin, tenderloin, 3-4 lbs.              49   64,661   $545.95     ($0.46)
190   Loin, tenderloin, 4-5 lbs.             115  156,284   $577.53       $6.62
190   Loin, tenderloin, 5-up lbs.             42   32,252   $575.62       $7.24
193   Flank, flank steak                      63   63,324   $337.46       $4.13
      Flank, rough                            50   92,776   $290.35       $0.37
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.
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.              13   51,368   $302.43       
112   Rib, ribeye roll, 8-up lbs.              4   49,770   $345.89     ($2.10)
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                      12   31,620   $280.70    ($17.61)
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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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