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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 8/14/2014

LM_XB405
Des Moines, IA                 Thu, Aug 14, 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:               $232.17
Change from prior day:              ($0.04)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $296.04        $165.31       ($0.10)
100% lean inside round                      $356.43          $8.27         $0.10
100% lean, flats and eyes                   $344.99          $8.00         $0.01
100% lean, S.P.B.                           $341.09         $17.05         $0.04
Chuck Tender                                $318.60          $3.19         $0.00
Knuckle                   4-7 lbs.          $347.70          $8.80         $0.00
Tenderloin                2-3 lbs.          $530.13          $2.81       ($0.01)
Tenderloin                3-4 lbs.          $600.22          $4.44       ($0.04)
Ribeye Roll               4-6 lbs.          $377.59          $3.96         $0.00
Ribeye Roll               6-8 lbs.          $396.38          $2.93       ($0.01)
Ribeye Roll               8up lbs.          $394.87          $2.88       ($0.01)
Flank Steak                                 $356.09          $1.50       ($0.02)
Kidney, Edible                               $34.50          $0.16         $0.00
Fat, inedible                                $25.63          $0.59         $0.00
Bone                                          $9.52          $2.28         $0.00
--------------------------------------------------------------------------------
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                 27.77  loads --            1,110,916  pounds
Cutter/Canner Cuts                  5.61  loads --              224,562  pounds
Boner/Breaker/Cutter/Canner        20.84  loads --              833,724  pounds
100% Lean Items                    34.58  loads --            1,383,110  pounds
Frozen Cuts                         3.84  loads --              153,519  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              20   33,678   $442.58       $1.43
112   Rib, ribeye roll, 8-10 lbs.             29   78,334   $458.67    ($17.97)
112   Rib, ribeye roll, 10-up lbs.            58   46,262   $480.17     ($7.56)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   13,279   $554.59     ($3.50)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      12    9,561   $553.38     ($1.72)
      Chuck, boneless 85%                     11  151,121   $284.77     ($6.93)
120   Chuck, brisket                          22   26,195   $288.81     ($2.09)
168   Round, top inside, 10-dn lbs.            5   15,067   $328.37       $0.00
168   Round, top inside, 10-up lbs.           22   70,768   $317.72       $1.99
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     29  311,187   $334.73       $0.10
169A  Round, top inside c-off, 14-up lbs.     11   44,690   $351.40       $0.24
171B  Round, outside round                    12   85,296   $339.51       $2.30
171C  Round, eye of round                     42   56,642   $334.50     ($3.19)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.   0        0     $0.00
      Loin, Semi-Bnls Short Loin, 13-up lbs.   0        0     $0.00
180   Loin, strip, bnls, 7-9 lbs.              0        0     $0.00
180   Loin, strip, bnls, 9-up lbs.             7   18,898   $345.66     ($0.47)
182   Loin, sirloin butt                       0        0     $0.00
184   Loin, top sirloin butt                  19   25,460   $343.56     ($0.73)
185A  Loin, bottom sirloin butt flap, bnls.   45  107,265   $353.16    ($26.20)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              38  110,305   $392.73     ($1.67)
112   Rib, ribeye roll, 8-up lbs.             29  105,412   $395.21     ($1.74)
100% LEAN
      Inside round - Combo                    19  214,444   $351.91       $2.23
      Inside round - Boxed                    35  122,848   $364.33       $4.93
      Outside round                            8   30,076   $341.13     ($6.06)
      Eye of round                             7   14,490   $353.16       $0.45
      Flats and eyes - Combo                  39  443,374   $344.98       $0.94
      Flats and eyes - Boxed                   0        0     $0.00
      Striploin                               59  258,856   $392.51       $0.16
      S.P.B. - Combo                          23  299,022   $341.09       $0.95
      S.P.B. - Boxed                           0        0     $0.00
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     39  154,820   $318.60       $0.01
167A  Round, knuckle, peeled                  38  170,102   $347.70     ($0.07)
190   Loin, tenderloin, 2-3 lbs.              20   21,684   $533.05     ($1.67)
190   Loin, tenderloin, 3-4 lbs.              41   62,818   $599.94     ($5.02)
190   Loin, tenderloin, 4-5 lbs.             135  197,577   $660.09       $4.07
190   Loin, tenderloin, 5-up lbs.             38   47,139   $650.08     ($1.23)
193   Flank, flank steak                      98  122,091   $369.82       $2.31
      Flank, rough                            34   57,493   $321.27     ($3.70)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               0        0     $0.00
112   Rib, ribeye roll, 8-10 lbs.              4    9,150   $418.00       $0.00
112   Rib, ribeye roll, 10-up lbs.             0        0     $0.00
112A  Rib, ribeye roll-lip-on, 8-dn lbs.       0        0     $0.00
112A  Rib, ribeye roll-lip-on, 8-up lbs.       0        0     $0.00
169A  Round, top inside c-off, 8-10 lbs.       0        0     $0.00
169A  Round, top inside c-off, 10-14 lbs.      0        0     $0.00
169A  Round, top inside c-off, 14-up lbs.      0        0     $0.00
180   Loin, strip, bnls, 7-9 lbs.              0        0     $0.00
180   Loin, strip, bnls, 9-up lbs.
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               0        0     $0.00
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-up lbs.              7   45,325   $394.09     ($0.33)
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.
190   Loin, tenderloin, 3-4 lbs.
190   Loin, tenderloin, 4-5 lbs.               4   26,540   $617.66       $0.00
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                      14   36,238   $309.83    ($32.69)
--------------------------------------------------------------------------------
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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