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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 6/30/2014

LM_XB405
Des Moines, IA                 Mon, Jun 30, 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:               $210.71
Change from prior day:              ($1.38)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $264.98        $147.96       ($1.62)
100% lean inside round                      $345.66          $8.02         $0.05
100% lean, flats and eyes                   $327.72          $7.60         $0.01
100% lean, S.P.B.                           $321.46         $16.07       ($0.02)
Chuck Tender                                $274.57          $2.75         $0.02
Knuckle                   4-7 lbs.          $284.30          $7.19         $0.15
Tenderloin                2-3 lbs.          $523.56          $2.77         $0.02
Tenderloin                3-4 lbs.          $615.99          $4.56       ($0.01)
Ribeye Roll               4-6 lbs.          $352.00          $3.70         
Ribeye Roll               6-8 lbs.          $375.74          $2.78       ($0.05)
Ribeye Roll               8up lbs.          $393.86          $2.88         $0.01
Flank Steak                                 $311.09          $1.31         $0.02
Kidney, Edible                               $33.89          $0.16         $0.01
Fat, inedible                                $25.63          $0.59         
Bone                                          $9.86          $2.37         $0.03
--------------------------------------------------------------------------------
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                 30.12  loads --            1,204,803  pounds
Cutter/Canner Cuts                  7.41  loads --              296,519  pounds
Boner/Breaker/Cutter/Canner        17.54  loads --              701,533  pounds
100% Lean Items                    29.26  loads --            1,170,546  pounds
Frozen Cuts                         4.23  loads --              169,054  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11   12,471   $510.78       $5.19
112   Rib, ribeye roll, 8-10 lbs.             22  130,329   $477.58       $1.07
112   Rib, ribeye roll, 10-up lbs.            55   69,520   $502.84       $1.85
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      22   19,913   $507.56     ($0.11)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   20,851   $498.35       $0.34
      Chuck, boneless 85%                     18  332,492   $234.21       $3.21
120   Chuck, brisket                          19   18,093   $282.36       $1.37
168   Round, top inside, 10-dn lbs.            6    8,155   $247.23       $0.07
168   Round, top inside, 10-up lbs.           37   86,472   $268.46     ($4.09)
169A  Round, top inside c-off, 8-10 lbs.       5   37,680   $327.64
169A  Round, top inside c-off, 10-14 lbs.     22  208,136   $326.25       $1.04
169A  Round, top inside c-off, 14-up lbs.      4    8,090   $324.82     ($0.41)
171B  Round, outside round                     8   46,625   $296.42       $5.20
171C  Round, eye of round                     37   73,477   $308.53     ($2.16)
      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.            15   25,791   $343.35     ($7.32)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  23   41,939   $284.96       $3.82
185A  Loin, bottom sirloin butt flap, bnls.   22   64,769   $330.14    ($15.92)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              55  146,025   $386.78       $3.27
112   Rib, ribeye roll, 8-up lbs.             38  131,834   $393.74       $0.79
100% LEAN
      Inside round - Combo                    19  286,186   $341.71       $1.36
      Inside round - Boxed                    46   82,098   $359.45       $2.62
      Outside round
      Eye of round                             6    8,175   $330.70       $0.22
      Flats and eyes - Combo                  28  292,949   $328.76       $0.95
      Flats and eyes - Boxed                            
      Striploin                               49  150,996   $374.10       $2.93
      S.P.B. - Combo                          26  327,942   $321.46     ($0.39)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     34  100,591   $274.57       $2.03
167A  Round, knuckle, peeled                  32  150,641   $284.30       $6.00
190   Loin, tenderloin, 2-3 lbs.              11   12,720   $523.56       $5.35
190   Loin, tenderloin, 3-4 lbs.              44   51,723   $615.89     ($1.14)
190   Loin, tenderloin, 4-5 lbs.             137  188,310   $649.30       $8.47
190   Loin, tenderloin, 5-up lbs.             35   25,389   $642.28       $1.25
193   Flank, flank steak                      81   89,915   $330.30       $2.71
      Flank, rough                            43   82,244   $288.86       $0.07
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    4,428   $329.96       
112   Rib, ribeye roll, 8-10 lbs.              6   78,025   $352.60     ($5.00)
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.               5   42,075   $337.43
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                      12   37,868   $265.47       $1.58
--------------------------------------------------------------------------------
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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