Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 7/24/2014

Past Market Reports

Report Date: 7/24/2014

LM_XB405
Des Moines, IA                 Thu, Jul 24, 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:               $227.96
Change from prior day:                $0.40
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $292.00        $163.05         $0.49
100% lean inside round                      $348.27          $8.08         $0.02
100% lean, flats and eyes                   $335.34          $7.78         $0.01
100% lean, S.P.B.                           $330.02         $16.50         
Chuck Tender                                $300.80          $3.01         
Knuckle                   4-7 lbs.          $306.60          $7.76         $0.03
Tenderloin                2-3 lbs.          $540.44          $2.86         $0.01
Tenderloin                3-4 lbs.          $604.84          $4.48       ($0.01)
Ribeye Roll               4-6 lbs.          $386.00          $4.05         
Ribeye Roll               6-8 lbs.          $396.74          $2.94       ($0.12)
Ribeye Roll               8up lbs.          $400.51          $2.92       ($0.01)
Flank Steak                                 $345.56          $1.45       ($0.02)
Kidney, Edible                               $32.67          $0.15         
Fat, inedible                                $25.63          $0.59         
Bone                                          $9.76          $2.34         
--------------------------------------------------------------------------------
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                 20.03  loads --              801,378  pounds
Cutter/Canner Cuts                  4.63  loads --              185,253  pounds
Boner/Breaker/Cutter/Canner        26.02  loads --            1,040,967  pounds
100% Lean Items                    35.70  loads --            1,428,028  pounds
Frozen Cuts                         3.26  loads --              130,440  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6    2,215   $517.04
112   Rib, ribeye roll, 8-10 lbs.             38   89,211   $461.29     ($1.14)
112   Rib, ribeye roll, 10-up lbs.            49   76,147   $483.34     ($1.24)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   20,420   $516.06     ($0.53)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      10   16,164   $501.24     ($7.36)
      Chuck, boneless 85%                      9  120,422   $274.94      $11.84
120   Chuck, brisket                          21   39,080   $288.82       $1.34
168   Round, top inside, 10-dn lbs.            8    6,815   $281.70       $8.59
168   Round, top inside, 10-up lbs.           13   32,627   $291.24       $7.30
169A  Round, top inside c-off, 8-10 lbs.       4   26,700   $328.85     ($0.30)
169A  Round, top inside c-off, 10-14 lbs.     11   90,914   $326.12       
169A  Round, top inside c-off, 14-up lbs.      7   28,755   $327.04       $0.11
171B  Round, outside round                     3   24,350   $328.23       $2.05
171C  Round, eye of round                     34   60,236   $327.51       $2.90
      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   12,191   $338.74     ($0.75)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  27   58,211   $326.57     ($0.98)
185A  Loin, bottom sirloin butt flap, bnls.   35   95,670   $317.42       $0.91
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              27   86,902   $398.27    ($18.35)
112   Rib, ribeye roll, 8-up lbs.             26   95,301   $400.69     ($0.51)
100% LEAN
      Inside round - Combo                    15  248,483   $343.11       $0.80
      Inside round - Boxed                    29  109,838   $359.95     ($1.93)
      Outside round                            8   88,512   $338.66       
      Eye of round                            15   16,920   $334.73       $2.27
      Flats and eyes - Combo                  33  422,378   $334.66       $0.12
      Flats and eyes - Boxed                            
      Striploin                               46  181,987   $378.80     ($0.40)
      S.P.B. - Combo                          26  359,910   $330.02       $0.09
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30   88,909   $300.80       $0.26
167A  Round, knuckle, peeled                  49  421,115   $306.60       $0.94
190   Loin, tenderloin, 2-3 lbs.              20   16,438   $532.37     ($0.08)
190   Loin, tenderloin, 3-4 lbs.              31   28,516   $598.22     ($9.91)
190   Loin, tenderloin, 4-5 lbs.             151  288,593   $634.18     ($3.60)
190   Loin, tenderloin, 5-up lbs.             30   16,923   $647.99     ($6.30)
193   Flank, flank steak                      92   84,974   $358.88       $2.83
      Flank, rough                            44   95,499   $310.87       $2.63
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              8   48,123   $384.11       $1.32
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       
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.               5   23,000   $390.97     ($9.56)
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                      14   34,920   $313.14    ($19.58)
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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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