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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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  5. 8/28/2014

Past Market Reports

Report Date: 8/28/2014 

LM_XB405
Des Moines, IA                 Thu, Aug 28, 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:               $233.18
Change from prior day:                $0.56
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $298.90        $166.91         $0.46
100% lean inside round                      $368.86          $8.56         $0.01
100% lean, flats and eyes                   $353.61          $8.20         
100% lean, S.P.B.                           $353.85         $17.69         $0.05
Chuck Tender                                $309.10          $3.09       ($0.01)
Knuckle                   4-7 lbs.          $315.10          $7.97         
Tenderloin                2-3 lbs.          $509.02          $2.70         
Tenderloin                3-4 lbs.          $570.70          $4.22       ($0.01)
Ribeye Roll               4-6 lbs.          $365.99          $3.84         $0.01
Ribeye Roll               6-8 lbs.          $375.30          $2.78       ($0.02)
Ribeye Roll               8up lbs.          $376.98          $2.75         
Flank Steak                                 $364.48          $1.53         $0.07
Kidney, Edible                               $37.09          $0.17         
Fat, inedible                                $25.63          $0.59         
Bone                                          $9.09          $2.18         
--------------------------------------------------------------------------------
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                 25.86  loads --            1,034,259  pounds
Cutter/Canner Cuts                  5.92  loads --              236,704  pounds
Boner/Breaker/Cutter/Canner        23.14  loads --              925,782  pounds
100% Lean Items                    34.48  loads --            1,379,166  pounds
Frozen Cuts                         3.30  loads --              131,871  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              13   12,934   $467.75      $30.93
112   Rib, ribeye roll, 8-10 lbs.             45  130,065   $433.17       $2.15
112   Rib, ribeye roll, 10-up lbs.            56   57,581   $439.92    ($15.28)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      14   12,666   $551.99     ($6.20)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       7    5,671   $492.35    ($26.57)
      Chuck, boneless 85%                     11  131,600   $279.18     ($1.61)
120   Chuck, brisket                          23   33,817   $284.17       $1.50
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           28   95,381   $294.68     ($0.99)
169A  Round, top inside c-off, 8-10 lbs.       3   19,196   $342.76     ($0.31)
169A  Round, top inside c-off, 10-14 lbs.     24  212,270   $341.54       $0.18
169A  Round, top inside c-off, 14-up lbs.      3    9,475   $345.81     ($4.10)
171B  Round, outside round                    10   81,748   $353.27       $1.30
171C  Round, eye of round                     38   80,778   $341.17       $2.30
      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.             8    6,476   $354.85       $5.33
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  23   51,421   $318.15       $0.31
185A  Loin, bottom sirloin butt flap, bnls.   34   82,188   $338.77     ($6.30)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              40   91,594   $375.42     ($2.84)
112   Rib, ribeye roll, 8-up lbs.             31  145,110   $376.98       $0.33
100% LEAN
      Inside round - Combo                     9  167,553   $365.07       $0.05
      Inside round - Boxed                    38   68,133   $378.18       $1.74
      Outside round                            5   33,750   $352.86       
      Eye of round                            11   30,626   $343.39       $0.28
      Flats and eyes - Combo                  32  454,884   $354.35       $0.41
      Flats and eyes - Boxed                            
      Striploin                               67  247,471   $394.30       $0.24
      S.P.B. - Combo                          29  376,749   $353.85       $0.95
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33  109,825   $309.10     ($0.50)
167A  Round, knuckle, peeled                  51  204,478   $315.10     ($0.03)
190   Loin, tenderloin, 2-3 lbs.              23   23,278   $509.02       $0.29
190   Loin, tenderloin, 3-4 lbs.              40   95,628   $572.93       $1.13
190   Loin, tenderloin, 4-5 lbs.             138  318,147   $650.69     ($4.63)
190   Loin, tenderloin, 5-up lbs.             26   17,443   $638.40       $0.69
193   Flank, flank steak                      81   71,720   $375.57       $1.08
      Flank, rough                            40   85,263   $315.28       $5.99
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   23,865   $371.10
112   Rib, ribeye roll, 8-10 lbs.              6   12,100   $420.73     ($0.24)
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.               4   52,760   $365.99       $0.89
112   Rib, ribeye roll, 6-8 lbs.
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                       9   22,035   $328.37      $41.44
--------------------------------------------------------------------------------
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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