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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 7/25/2014

LM_XB405
Des Moines, IA                 Fri, Jul 25, 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:               $227.23
Change from prior day:              ($0.73)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $290.65        $162.30       ($0.75)
100% lean inside round                      $349.03          $8.10         $0.02
100% lean, flats and eyes                   $336.16          $7.80         $0.02
100% lean, S.P.B.                           $331.03         $16.55         $0.05
Chuck Tender                                $302.32          $3.02         $0.01
Knuckle                   4-7 lbs.          $308.99          $7.82         $0.06
Tenderloin                2-3 lbs.          $516.95          $2.74       ($0.12)
Tenderloin                3-4 lbs.          $605.15          $4.48         
Ribeye Roll               4-6 lbs.          $386.00          $4.05         
Ribeye Roll               6-8 lbs.          $397.89          $2.94         
Ribeye Roll               8up lbs.          $400.10          $2.92         
Flank Steak                                 $341.34          $1.43       ($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                 23.37  loads --              934,907  pounds
Cutter/Canner Cuts                  5.83  loads --              233,158  pounds
Boner/Breaker/Cutter/Canner        25.80  loads --            1,031,934  pounds
100% Lean Items                    37.31  loads --            1,492,568  pounds
Frozen Cuts                         3.69  loads --              147,423  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6    3,403   $514.64     ($2.40)
112   Rib, ribeye roll, 8-10 lbs.             38   76,931   $460.33     ($0.96)
112   Rib, ribeye roll, 10-up lbs.            52   71,962   $489.64       $6.30
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      20   14,978   $522.49       $6.43
112A  Rib, ribeye roll-lip-on, 8-up lbs.      11   16,504   $501.63       $0.39
      Chuck, boneless 85%                      9  120,422   $274.94       
120   Chuck, brisket                          19   34,680   $289.31       $0.49
168   Round, top inside, 10-dn lbs.           10    6,995   $281.32     ($0.38)
168   Round, top inside, 10-up lbs.           13   29,727   $293.79       $2.55
169A  Round, top inside c-off, 8-10 lbs.       5   36,275   $330.00       $1.15
169A  Round, top inside c-off, 10-14 lbs.     16  203,098   $329.30       $3.18
169A  Round, top inside c-off, 14-up lbs.      7   25,515   $327.13       $0.09
171B  Round, outside round                     3   48,000   $333.17       $4.94
171C  Round, eye of round                     34   63,385   $331.16       $3.65
      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.             8   13,179   $340.46       $1.72
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  25   57,898   $327.10       $0.53
185A  Loin, bottom sirloin butt flap, bnls.   40  110,605   $323.30       $5.88
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              27   70,056   $400.16       $1.89
112   Rib, ribeye roll, 8-up lbs.             36  160,052   $400.42     ($0.27)
100% LEAN
      Inside round - Combo                    14  232,790   $344.15       $1.04
      Inside round - Boxed                    26   87,672   $361.98       $2.03
      Outside round                            8   96,336   $338.91       $0.25
      Eye of round                            15   14,613   $340.13       $5.40
      Flats and eyes - Combo                  36  441,229   $335.43       $0.77
      Flats and eyes - Boxed                            
      Striploin                               49  170,938   $386.69       $7.89
      S.P.B. - Combo                          29  448,990   $331.03       $1.01
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     38  126,023   $302.32       $1.52
167A  Round, knuckle, peeled                  57  422,822   $308.99       $2.39
190   Loin, tenderloin, 2-3 lbs.              24   24,113   $532.61       $0.24
190   Loin, tenderloin, 3-4 lbs.              35   33,045   $599.51       $1.29
190   Loin, tenderloin, 4-5 lbs.             151  243,032   $638.50       $4.32
190   Loin, tenderloin, 5-up lbs.             31   19,758   $647.53     ($0.46)
193   Flank, flank steak                     104   97,227   $351.26     ($7.62)
      Flank, rough                            37   65,914   $305.41     ($5.46)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   38,123   $383.09     ($1.02)
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.      3    9,993   $329.42
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   $380.07     ($0.89)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.               5   23,000   $390.97       
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                      16   39,090   $316.68       $3.54
--------------------------------------------------------------------------------
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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