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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 8/18/2014

LM_XB405 ***CORRECTED REPORT***
Des Moines, IA                 Mon, Aug 18, 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:              *$232.67*
Change from prior day:             *($1.09)*
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                   *$297.16        $165.93       ($0.90)*
100% lean inside round                      $357.80          $8.30         $0.01
100% lean, flats and eyes                   $345.84          $8.02         
100% lean, S.P.B.                           $343.36         $17.17         $0.04
Chuck Tender                                $320.51          $3.21         $0.02
Knuckle                   4-7 lbs.          $338.90          $8.57       ($0.18)
Tenderloin                2-3 lbs.          $531.77          $2.82         
Tenderloin                3-4 lbs.          $596.45          $4.41       ($0.01)
Ribeye Roll               4-6 lbs.          $381.21          $4.00         $0.02
Ribeye Roll               6-8 lbs.          $391.68          $2.90       ($0.01)
Ribeye Roll               8up lbs.          $395.87          $2.89         
Flank Steak                                 $353.72          $1.49       ($0.01)
Kidney, Edible                               $36.68          $0.17         $0.01
Fat, inedible                                $25.63          $0.59         
Bone                                          $9.15          $2.20       ($0.08)
--------------------------------------------------------------------------------
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                 23.97  loads --              958,690  pounds
Cutter/Canner Cuts                  4.48  loads --              179,231  pounds
Boner/Breaker/Cutter/Canner        22.53  loads --              901,042  pounds
100% Lean Items                    27.95  loads --            1,118,186  pounds
Frozen Cuts                         2.57  loads --              102,968  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              13   18,932   $441.79       $7.62
112   Rib, ribeye roll, 8-10 lbs.             44  105,111   $461.75     ($1.54)
112   Rib, ribeye roll, 10-up lbs.            60   50,470   $480.39     ($1.26)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      19   11,402   $555.09     ($0.33)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      11    8,616   $546.62     ($6.04)
      Chuck, boneless 85%                      9  121,637   $275.19     ($9.83)
120   Chuck, brisket                          18   23,470   $282.91     ($2.25)
168   Round, top inside, 10-dn lbs.            4   14,977   $328.26     ($0.11)
168   Round, top inside, 10-up lbs.           21   76,665   $316.11     ($1.40)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     26  218,937   $341.56       $4.88
169A  Round, top inside c-off, 14-up lbs.      9   28,330   $349.22     ($1.35)
171B  Round, outside round                    11   64,976   $338.34       $0.03
171C  Round, eye of round                     44   49,895   $334.24       $0.22
      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   29,707   $342.71     ($2.58)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  21   25,643   $328.87     ($2.12)
185A  Loin, bottom sirloin butt flap, bnls.   37   99,609   $354.38       $2.67
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              39  102,290   $386.86     ($2.46)
112   Rib, ribeye roll, 8-up lbs.             25   69,621   $395.32     ($0.08)
100% LEAN
      Inside round - Combo                    19  209,737   $353.11       $1.13
      Inside round - Boxed                    39  129,029   $365.43     ($0.31)
      Outside round                            6   22,843   $341.67       $0.72
      Eye of round                            11   18,205   $350.74       $4.31
      Flats and eyes - Combo                  32  281,434   $345.86     ($0.18)
      Flats and eyes - Boxed                            
      Striploin                               55  195,678   $393.64       $0.38
      S.P.B. - Combo                          23  261,260   $343.36       $0.77
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     36  124,546   $320.51       $1.19
167A  Round, knuckle, peeled                  45  299,749   $338.90     ($7.02)
190   Loin, tenderloin, 2-3 lbs.              23   23,401   $531.77       $0.17
190   Loin, tenderloin, 3-4 lbs.              39   63,887   $596.45     ($0.63)
190   Loin, tenderloin, 4-5 lbs.             134  180,475   $649.34     ($7.89)
190   Loin, tenderloin, 5-up lbs.             38   46,308   $651.99       $0.55
193   Flank, flank steak                      87   97,623   $371.65     ($3.27)
      Flank, rough                            31   65,053   $333.39      $12.21
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              5   12,150   $418.31       $0.31
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.              5   34,220   $397.00       
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                      12   33,978   $302.19     ($5.69)
--------------------------------------------------------------------------------
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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