Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 6/11/2014

Past Market Reports

Report Date: 6/11/2014

LM_XB405
Des Moines, IA                 Wed, Jun 11, 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:               $197.87
Change from prior day:                $0.14
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $245.22        $136.93       ($0.01)
100% lean inside round                      $339.13          $7.87         
100% lean, flats and eyes                   $324.30          $7.52         
100% lean, S.P.B.                           $320.53         $16.03         $0.01
Chuck Tender                                $262.27          $2.62       ($0.01)
Knuckle                   4-7 lbs.          $265.18          $6.71         
Tenderloin                2-3 lbs.          $503.29          $2.67         $0.02
Tenderloin                3-4 lbs.          $593.70          $4.39         $0.05
Ribeye Roll               4-6 lbs.          $336.01          $3.53       ($0.01)
Ribeye Roll               6-8 lbs.          $354.75          $2.63         $0.06
Ribeye Roll               8up lbs.          $357.09          $2.61         $0.03
Flank Steak                                 $301.10          $1.26         
Kidney, Edible                               $30.91          $0.14         
Fat, inedible                                $27.97          $0.65         
Bone                                          $9.61          $2.31         
--------------------------------------------------------------------------------
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                 22.87  loads --              914,876  pounds
Cutter/Canner Cuts                  5.80  loads --              231,964  pounds
Boner/Breaker/Cutter/Canner        22.77  loads --              910,859  pounds
100% Lean Items                    35.71  loads --            1,428,492  pounds
Frozen Cuts                         2.74  loads --              109,415  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11   19,424   $432.62      $13.33
112   Rib, ribeye roll, 8-10 lbs.             41  136,974   $418.03       $8.54
112   Rib, ribeye roll, 10-up lbs.            67   84,113   $426.88       $6.19
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   21,443   $504.86     ($0.97)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      12   29,103   $434.52     ($2.81)
      Chuck, boneless 85%                     14  161,421   $226.16     ($4.91)
120   Chuck, brisket                          32   32,698   $268.59     ($0.11)
168   Round, top inside, 10-dn lbs.            4    2,928   $226.17
168   Round, top inside, 10-up lbs.           22   71,006   $261.63       $3.71
169A  Round, top inside c-off, 8-10 lbs.       4   12,536   $328.56       $0.17
169A  Round, top inside c-off, 10-14 lbs.     15  103,575   $326.70     ($0.19)
169A  Round, top inside c-off, 14-up lbs.      3    3,322   $326.32
171B  Round, outside round                     8   29,760   $303.54       $4.04
171C  Round, eye of round                     36   63,690   $308.34     ($0.69)
      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   18,481   $307.97     ($0.02)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  19   34,890   $261.18       $5.57
185A  Loin, bottom sirloin butt flap, bnls.   35   87,447   $324.04      $13.93
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              53  110,548   $354.31       $7.22
112   Rib, ribeye roll, 8-up lbs.             53  118,336   $358.01       $4.07
100% LEAN
      Inside round - Combo                    16  183,926   $333.40       $0.26
      Inside round - Boxed                    41   65,882   $355.14     ($0.14)
      Outside round                            5   33,727   $312.00      $11.88
      Eye of round                             6   11,436   $321.93
      Flats and eyes - Combo                  34  387,623   $325.44       $0.23
      Flats and eyes - Boxed                            
      Striploin                               54  198,888   $364.47       $0.98
      S.P.B. - Combo                          32  547,010   $320.53       $0.11
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     29  106,041   $262.27     ($0.36)
167A  Round, knuckle, peeled                  48  264,626   $265.18     ($0.21)
190   Loin, tenderloin, 2-3 lbs.              15   10,279   $503.29       $3.65
190   Loin, tenderloin, 3-4 lbs.              43   57,609   $593.04       $6.66
190   Loin, tenderloin, 4-5 lbs.             123  201,322   $596.39     ($2.58)
190   Loin, tenderloin, 5-up lbs.             35   40,833   $652.92      $28.23
193   Flank, flank steak                      82  108,327   $302.12     ($0.89)
      Flank, rough                            46  121,822   $284.83     ($0.21)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    7,380   $339.07     ($1.74)
112   Rib, ribeye roll, 8-10 lbs.              8   32,580   $380.78     ($0.30)
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.             4   10,400   $327.75       
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-up lbs.              4   29,580   $353.41       
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                       5   14,030   $293.25      $20.44
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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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