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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 8/25/2014

LM_XB405
Des Moines, IA                 Mon, Aug 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:               $233.41
Change from prior day:                $0.16
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $298.66        $166.77         $0.23
100% lean inside round                      $364.67          $8.46         $0.04
100% lean, flats and eyes                   $352.53          $8.18         $0.04
100% lean, S.P.B.                           $351.09         $17.55         $0.07
Chuck Tender                                $313.70          $3.14       ($0.07)
Knuckle                   4-7 lbs.          $322.91          $8.17       ($0.13)
Tenderloin                2-3 lbs.          $509.82          $2.70       ($0.05)
Tenderloin                3-4 lbs.          $577.64          $4.27         $0.03
Ribeye Roll               4-6 lbs.          $387.49          $4.07         
Ribeye Roll               6-8 lbs.          $388.10          $2.87         $0.01
Ribeye Roll               8up lbs.          $381.86          $2.79       ($0.01)
Flank Steak                                 $358.21          $1.50         $0.02
Kidney, Edible                               $37.09          $0.17         
Fat, inedible                                $25.63          $0.59         
Bone                                          $9.09          $2.18       ($0.02)
--------------------------------------------------------------------------------
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                 25.05  loads --            1,001,943  pounds
Cutter/Canner Cuts                  6.45  loads --              258,158  pounds
Boner/Breaker/Cutter/Canner        25.83  loads --            1,033,077  pounds
100% Lean Items                    38.25  loads --            1,530,042  pounds
Frozen Cuts                         2.63  loads --              105,251  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    3,186   $437.64     ($3.88)
112   Rib, ribeye roll, 8-10 lbs.             47  107,175   $445.86     ($2.86)
112   Rib, ribeye roll, 10-up lbs.            54   49,502   $470.25     ($1.41)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      15   13,653   $569.52       $0.26
112A  Rib, ribeye roll-lip-on, 8-up lbs.       9    9,795   $513.85       $4.58
      Chuck, boneless 85%                     11  122,684   $281.20       $1.92
120   Chuck, brisket                          27   56,367   $279.62       $1.46
168   Round, top inside, 10-dn lbs.            4   12,200   $315.28       
168   Round, top inside, 10-up lbs.           25   81,197   $303.93     ($0.76)
169A  Round, top inside c-off, 8-10 lbs.       3    8,110   $344.48     ($0.40)
169A  Round, top inside c-off, 10-14 lbs.     25  201,982   $341.54       $1.35
169A  Round, top inside c-off, 14-up lbs.      3   16,500   $350.41       $0.46
171B  Round, outside round                     9  104,288   $350.19     ($0.49)
171C  Round, eye of round                     40   77,548   $343.50       $0.96
      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.            16   25,692   $345.23       $1.94
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  12   21,675   $334.30       $3.26
185A  Loin, bottom sirloin butt flap, bnls.   31   87,689   $346.88     ($0.32)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              55  106,251   $385.03       $3.31
112   Rib, ribeye roll, 8-up lbs.             35  150,547   $381.86     ($1.74)
100% LEAN
      Inside round - Combo                    17  258,180   $361.68       $1.48
      Inside round - Boxed                    33   94,768   $372.82       $1.24
      Outside round                            7   45,625   $352.48       $3.74
      Eye of round                            10   26,094   $354.65       $6.61
      Flats and eyes - Combo                  34  483,485   $352.42       $1.03
      Flats and eyes - Boxed                            
      Striploin                               66  198,804   $396.59     ($4.00)
      S.P.B. - Combo                          29  423,086   $351.09       $1.53
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33  103,679   $313.70     ($7.35)
167A  Round, knuckle, peeled                  48  321,718   $322.91     ($5.10)
190   Loin, tenderloin, 2-3 lbs.              12   11,528   $509.82     ($9.22)
190   Loin, tenderloin, 3-4 lbs.              43   91,180   $577.64       $4.22
190   Loin, tenderloin, 4-5 lbs.             142  318,642   $658.25     ($9.60)
190   Loin, tenderloin, 5-up lbs.             34   24,960   $637.02       $8.94
193   Flank, flank steak                      79   67,660   $386.17       $4.24
      Flank, rough                            42   93,710   $318.04     ($4.08)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              6    8,421   $482.79       $7.47
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.               3   38,623   $396.55
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.               3    3,488   $641.53       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      10   32,239   $299.53      $11.34
--------------------------------------------------------------------------------
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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