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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 8/12/2014

LM_XB405
Des Moines, IA                 Tue, Aug 12, 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:               $232.59
Change from prior day:                $1.42
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $297.13        $165.92         $1.18
100% lean inside round                      $349.96          $8.12         $0.04
100% lean, flats and eyes                   $343.40          $7.97         $0.01
100% lean, S.P.B.                           $338.84         $16.94         $0.01
Chuck Tender                                $319.24          $3.19         $0.03
Knuckle                   4-7 lbs.          $346.00          $8.75         $0.12
Tenderloin                2-3 lbs.          $532.07          $2.82       ($0.01)
Tenderloin                3-4 lbs.          $611.75          $4.53         $0.02
Ribeye Roll               4-6 lbs.          $377.59          $3.96         $0.01
Ribeye Roll               6-8 lbs.          $395.51          $2.93         $0.02
Ribeye Roll               8up lbs.          $397.13          $2.90         
Flank Steak                                 $363.66          $1.53       ($0.01)
Kidney, Edible                               $34.50          $0.16         
Fat, inedible                                $25.63          $0.59         
Bone                                          $9.52          $2.28         
--------------------------------------------------------------------------------
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                 26.88  loads --            1,075,192  pounds
Cutter/Canner Cuts                  6.37  loads --              254,855  pounds
Boner/Breaker/Cutter/Canner        19.30  loads --              771,913  pounds
100% Lean Items                    32.92  loads --            1,316,675  pounds
Frozen Cuts                         2.91  loads --              116,236  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              20   31,248   $440.70       $4.98
112   Rib, ribeye roll, 8-10 lbs.             29   49,215   $476.70       $0.44
112   Rib, ribeye roll, 10-up lbs.            53   39,077   $494.91     ($1.00)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23   26,964   $559.81     ($4.27)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      16   31,108   $521.63       $8.36
      Chuck, boneless 85%                      9  121,780   $291.70     ($0.06)
120   Chuck, brisket                          31   43,748   $292.60       $0.07
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           17   41,395   $314.72     ($4.64)
169A  Round, top inside c-off, 8-10 lbs.       3   24,600   $345.79     ($2.82)
169A  Round, top inside c-off, 10-14 lbs.     34  346,393   $334.84       $3.17
169A  Round, top inside c-off, 14-up lbs.      9   42,197   $351.13     ($2.68)
171B  Round, outside round                    10   79,090   $335.75     ($2.57)
171C  Round, eye of round                     55   87,336   $337.18     ($4.49)
      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.            10   28,377   $348.96     ($1.00)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  15   28,156   $346.27       $1.34
185A  Loin, bottom sirloin butt flap, bnls.   39   53,755   $370.10       $9.67
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              37  113,544   $396.26       $4.98
112   Rib, ribeye roll, 8-up lbs.             33  132,466   $398.16     ($0.60)
100% LEAN
      Inside round - Combo                    13  197,756   $345.35       $1.49
      Inside round - Boxed                    26   90,803   $359.99       $1.83
      Outside round                            4   21,966   $345.63       $3.22
      Eye of round                             9   18,674   $351.22       $2.18
      Flats and eyes - Combo                  38  430,685   $342.95       $0.21
      Flats and eyes - Boxed                            
      Striploin                               58  229,139   $389.44     ($5.41)
      S.P.B. - Combo                          24  327,652   $338.84       $0.20
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     35  125,544   $319.24       $3.23
167A  Round, knuckle, peeled                  29  100,381   $346.00       $4.87
190   Loin, tenderloin, 2-3 lbs.              13   12,623   $537.30     ($1.16)
190   Loin, tenderloin, 3-4 lbs.              46   68,712   $612.20       $2.01
190   Loin, tenderloin, 4-5 lbs.             133  203,480   $665.11     ($0.59)
190   Loin, tenderloin, 5-up lbs.             42   40,303   $640.30    ($16.73)
193   Flank, flank steak                      97  107,421   $369.72     ($3.97)
      Flank, rough                            52  113,449   $323.10     ($0.94)
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.
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-up lbs.              4   25,025   $391.73       
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.
190   Loin, tenderloin, 3-4 lbs.
190   Loin, tenderloin, 4-5 lbs.               5   31,540   $620.09       
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                      16   30,825   $342.52       $1.43
--------------------------------------------------------------------------------
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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