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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 7/18/2014

LM_XB405
Des Moines, IA                 Fri, Jul 18, 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:               $227.26
Change from prior day:              ($1.57)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $291.52        $162.78       ($1.48)
100% lean inside round                      $346.36          $8.04         $0.04
100% lean, flats and eyes                   $332.38          $7.71       ($0.03)
100% lean, S.P.B.                           $328.94         $16.45         
Chuck Tender                                $300.79          $3.01         $0.01
Knuckle                   4-7 lbs.          $306.86          $7.76       ($0.03)
Tenderloin                2-3 lbs.          $537.36          $2.85         $0.02
Tenderloin                3-4 lbs.          $605.46          $4.48       ($0.07)
Ribeye Roll               4-6 lbs.          $359.36          $3.77         
Ribeye Roll               6-8 lbs.          $401.07          $2.97       ($0.07)
Ribeye Roll               8up lbs.          $399.35          $2.92         $0.01
Flank Steak                                 $338.05          $1.42         $0.03
Kidney, Edible                               $33.63          $0.15         
Fat, inedible                                $25.63          $0.59         
Bone                                          $9.85          $2.36         
--------------------------------------------------------------------------------
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                 28.71  loads --            1,148,243  pounds
Cutter/Canner Cuts                  6.87  loads --              274,663  pounds
Boner/Breaker/Cutter/Canner        21.99  loads --              879,593  pounds
100% Lean Items                    36.79  loads --            1,471,525  pounds
Frozen Cuts                         2.25  loads --               90,073  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   16,779   $517.54     ($0.04)
112   Rib, ribeye roll, 8-10 lbs.             33   86,165   $476.57      $10.33
112   Rib, ribeye roll, 10-up lbs.            48   80,443   $485.98     ($8.01)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      17   28,759   $520.18     ($3.95)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      12   29,286   $502.29     ($0.54)
      Chuck, boneless 85%                     16  282,854   $265.06     ($0.25)
120   Chuck, brisket                          14   13,005   $290.46     ($0.54)
168   Round, top inside, 10-dn lbs.            6    3,399   $268.70       
168   Round, top inside, 10-up lbs.           14   49,044   $277.63       $0.19
169A  Round, top inside c-off, 8-10 lbs.       4   27,128   $327.63       $0.06
169A  Round, top inside c-off, 10-14 lbs.     24  241,549   $326.87       $0.13
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     6   56,350   $326.18     ($0.21)
171C  Round, eye of round                     33   59,432   $317.96     ($2.71)
      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.            13   11,370   $344.68     ($1.42)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  17   30,416   $326.65       $0.36
185A  Loin, bottom sirloin butt flap, bnls.   44  116,489   $327.52     ($1.28)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              45  166,836   $402.21     ($9.98)
112   Rib, ribeye roll, 8-up lbs.             26   91,478   $399.35       $0.74
100% LEAN
      Inside round - Combo                    18  157,360   $338.21     ($0.16)
      Inside round - Boxed                    48  119,906   $357.06     ($0.14)
      Outside round                            3   31,776   $331.81
      Eye of round                             7    6,317   $326.88    ($21.13)
      Flats and eyes - Combo                  37  423,058   $332.50     ($0.90)
      Flats and eyes - Boxed                            
      Striploin                               47  195,995   $373.86     ($6.07)
      S.P.B. - Combo                          37  537,113   $328.94     ($0.05)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     24   65,436   $300.79       $0.51
167A  Round, knuckle, peeled                  40  253,712   $306.86     ($1.14)
190   Loin, tenderloin, 2-3 lbs.              20   27,027   $534.64     ($1.72)
190   Loin, tenderloin, 3-4 lbs.              38   50,387   $607.50     ($9.36)
190   Loin, tenderloin, 4-5 lbs.             128  246,918   $634.10     ($7.53)
190   Loin, tenderloin, 5-up lbs.             34   32,802   $649.35     ($3.91)
193   Flank, flank steak                      95   93,751   $344.85       $7.77
      Flank, rough                            47  109,560   $306.95       $5.33
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   14,403   $510.67       
112   Rib, ribeye roll, 8-10 lbs.              4   18,250   $397.04    ($10.96)
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.             6    7,020   $380.96     ($0.51)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.               3    6,050   $369.82       
112   Rib, ribeye roll, 8-up lbs.                       
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.               3    7,175   $547.63
190   Loin, tenderloin, 3-4 lbs.
190   Loin, tenderloin, 4-5 lbs.                        
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      11   26,000   $313.52       $4.10
--------------------------------------------------------------------------------
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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