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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 8/7/2014

LM_XB405
Des Moines, IA                 Thu, Aug 07, 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:               $230.50
Change from prior day:                $0.36
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $294.45        $164.42         $0.33
100% lean inside round                      $349.55          $8.11       ($0.10)
100% lean, flats and eyes                   $338.30          $7.85         
100% lean, S.P.B.                           $334.50         $16.72         $0.03
Chuck Tender                                $315.24          $3.15       ($0.01)
Knuckle                   4-7 lbs.          $343.70          $8.70         $0.02
Tenderloin                2-3 lbs.          $524.90          $2.78         $0.01
Tenderloin                3-4 lbs.          $604.71          $4.47       ($0.01)
Ribeye Roll               4-6 lbs.          $376.00          $3.95         
Ribeye Roll               6-8 lbs.          $399.92          $2.96         
Ribeye Roll               8up lbs.          $388.20          $2.83         $0.01
Flank Steak                                 $358.63          $1.51         $0.08
Kidney, Edible                               $35.11          $0.16         
Fat, inedible                                $25.63          $0.59         
Bone                                          $9.58          $2.30         
--------------------------------------------------------------------------------
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                 20.25  loads --              810,173  pounds
Cutter/Canner Cuts                  4.30  loads --              172,007  pounds
Boner/Breaker/Cutter/Canner        17.37  loads --              694,665  pounds
100% Lean Items                    30.12  loads --            1,204,860  pounds
Frozen Cuts                         3.67  loads --              146,987  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              19   39,194   $434.97       $0.13
112   Rib, ribeye roll, 8-10 lbs.             37   64,748   $473.19       $1.35
112   Rib, ribeye roll, 10-up lbs.            53   48,467   $497.70       $8.03
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      22   24,611   $564.58       $1.85
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   28,543   $514.66     ($0.53)
      Chuck, boneless 85%                      7   71,652   $279.88      $17.59
120   Chuck, brisket                          22   34,245   $291.82       $3.36
168   Round, top inside, 10-dn lbs.                     
168   Round, top inside, 10-up lbs.           18   46,109   $320.84     ($0.64)
169A  Round, top inside c-off, 8-10 lbs.       3    8,507   $338.57     ($0.23)
169A  Round, top inside c-off, 10-14 lbs.     18  128,145   $330.82       $0.47
169A  Round, top inside c-off, 14-up lbs.      7   26,710   $350.77       $1.96
171B  Round, outside round                    10  100,241   $336.89       $0.84
171C  Round, eye of round                     28   70,912   $340.86       $2.50
      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.            12   34,433   $352.08       $0.94
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  13   20,116   $340.40       
185A  Loin, bottom sirloin butt flap, bnls.   31   62,940   $361.49       $1.93
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              33   71,175   $406.26     ($0.22)
112   Rib, ribeye roll, 8-up lbs.             30   87,974   $402.93       $0.39
100% LEAN
      Inside round - Combo                    30  269,754   $345.27     ($2.21)
      Inside round - Boxed                    33   77,489   $364.45     ($4.11)
      Outside round                            7   29,808   $340.86     ($0.74)
      Eye of round                            10   16,355   $347.51       $5.42
      Flats and eyes - Combo                  41  358,513   $337.67     ($0.24)
      Flats and eyes - Boxed                            
      Striploin                               52  139,134   $394.98       $4.33
      S.P.B. - Combo                          24  313,807   $334.50       $0.66
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     29   84,441   $315.24     ($1.15)
167A  Round, knuckle, peeled                  31  157,264   $343.70       $0.46
190   Loin, tenderloin, 2-3 lbs.              16   16,655   $538.25       $1.20
190   Loin, tenderloin, 3-4 lbs.              50  106,255   $611.39       $0.48
190   Loin, tenderloin, 4-5 lbs.             119  145,040   $635.28     ($7.54)
190   Loin, tenderloin, 5-up lbs.             37   23,399   $657.49     ($1.76)
193   Flank, flank steak                      70   60,535   $388.31       $8.15
      Flank, rough                            48  101,076   $319.36       $6.84
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              6   36,326   $411.17     ($0.11)
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    6,500   $391.84
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.               5   33,013   $386.24     ($1.10)
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                      17   31,133   $300.92      $17.79
--------------------------------------------------------------------------------
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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