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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 7/8/2014

LM_XB405
Des Moines, IA                 Tue, Jul 08, 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:               $223.04
Change from prior day:                $5.11
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $284.95        $159.12         $4.83
100% lean inside round                      $353.80          $8.21       ($0.02)
100% lean, flats and eyes                   $327.68          $7.60         
100% lean, S.P.B.                           $322.42         $16.12         $0.01
Chuck Tender                                $287.14          $2.87         $0.05
Knuckle                   4-7 lbs.          $293.74          $7.43         
Tenderloin                2-3 lbs.          $580.89          $3.08         $0.15
Tenderloin                3-4 lbs.          $655.42          $4.85         $0.08
Ribeye Roll               4-6 lbs.          $352.00          $3.70         
Ribeye Roll               6-8 lbs.          $386.96          $2.86       ($0.01)
Ribeye Roll               8up lbs.          $394.62          $2.88         
Flank Steak                                 $284.77          $1.20         $0.02
Kidney, Edible                               $33.89          $0.16         
Fat, inedible                                $25.63          $0.59         
Bone                                          $9.86          $2.37         
--------------------------------------------------------------------------------
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                 23.68  loads --              947,271  pounds
Cutter/Canner Cuts                  4.60  loads --              183,985  pounds
Boner/Breaker/Cutter/Canner        18.22  loads --              728,730  pounds
100% Lean Items                    23.66  loads --              946,389  pounds
Frozen Cuts                         1.79  loads --               71,586  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    3,766   $540.46       $0.46
112   Rib, ribeye roll, 8-10 lbs.             37   68,067   $477.45      $18.38
112   Rib, ribeye roll, 10-up lbs.            57   59,747   $491.14       $3.63
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   15,680   $505.15       $1.20
112A  Rib, ribeye roll-lip-on, 8-up lbs.      12   13,974   $513.63    ($14.61)
      Chuck, boneless 85%                     13  294,694   $241.86     ($0.07)
120   Chuck, brisket                          20   20,581   $293.26     ($0.80)
168   Round, top inside, 10-dn lbs.            4      962   $252.01      $11.32
168   Round, top inside, 10-up lbs.           13   37,040   $267.92     ($0.24)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     16  132,460   $325.83       $0.78
169A  Round, top inside c-off, 14-up lbs.      6   23,513   $325.12     ($0.52)
171B  Round, outside round                    11   68,604   $307.46     ($3.03)
171C  Round, eye of round                     26   45,070   $317.89     ($4.33)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              3    1,462   $354.20
180   Loin, strip, bnls, 9-up lbs.            14   16,511   $340.73       $1.13
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  27   39,977   $302.82     ($1.31)
185A  Loin, bottom sirloin butt flap, bnls.   32  104,963   $331.89       $8.61
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              40   77,514   $388.25       $0.08
112   Rib, ribeye roll, 8-up lbs.             28  106,471   $394.62       $0.46
100% LEAN
      Inside round - Combo                    10   64,335   $341.60       $0.43
      Inside round - Boxed                    34   64,298   $366.02       $1.56
      Outside round                            4   20,224   $313.59       
      Eye of round                             5   10,640   $336.43       $2.08
      Flats and eyes - Combo                  22  215,774   $328.57       $0.06
      Flats and eyes - Boxed                            
      Striploin                               52  254,474   $378.85       $0.81
      S.P.B. - Combo                          27  316,644   $322.42       $0.16
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33   76,303   $287.14       $5.56
167A  Round, knuckle, peeled                  40  252,903   $293.74     ($0.06)
190   Loin, tenderloin, 2-3 lbs.               8   15,531   $580.89      $28.96
190   Loin, tenderloin, 3-4 lbs.              26   20,874   $658.62      $14.66
190   Loin, tenderloin, 4-5 lbs.             120  193,255   $655.10       $1.67
190   Loin, tenderloin, 5-up lbs.             28   17,796   $677.15    ($12.83)
193   Flank, flank steak                      70   72,778   $319.51     ($2.78)
      Flank, rough                            40   79,290   $286.56     ($1.73)
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.             3    2,860   $374.09
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.
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                      11   54,191   $238.11     ($2.83)
--------------------------------------------------------------------------------
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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