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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 9/10/2014

LM_XB405
Des Moines, IA                 Wed, Sep 10, 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:               $234.84
Change from prior day:              ($0.26)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $299.84        $167.43       ($0.64)
100% lean inside round                      $376.39          $8.73         $0.04
100% lean, flats and eyes                   $363.28          $8.43         $0.05
100% lean, S.P.B.                           $362.96         $18.15         $0.11
Chuck Tender                                $308.55          $3.09         
Knuckle                   4-7 lbs.          $334.71          $8.47         $0.25
Tenderloin                2-3 lbs.          $523.15          $2.77       ($0.03)
Tenderloin                3-4 lbs.          $580.87          $4.30         $0.05
Ribeye Roll               4-6 lbs.          $357.25          $3.75         
Ribeye Roll               6-8 lbs.          $369.36          $2.73       ($0.04)
Ribeye Roll               8up lbs.          $359.51          $2.62       ($0.04)
Flank Steak                                 $358.29          $1.50       ($0.01)
Kidney, Edible                               $35.75          $0.16         
Fat, inedible                                $25.63          $0.59         
Bone                                          $8.85          $2.12         
--------------------------------------------------------------------------------
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                 31.25  loads --            1,249,857  pounds
Cutter/Canner Cuts                  7.71  loads --              308,350  pounds
Boner/Breaker/Cutter/Canner        25.33  loads --            1,013,111  pounds
100% Lean Items                    41.24  loads --            1,649,596  pounds
Frozen Cuts                         7.19  loads --              287,694  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10    3,898   $444.99     ($0.08)
112   Rib, ribeye roll, 8-10 lbs.             61  202,953   $424.53       $4.75
112   Rib, ribeye roll, 10-up lbs.            60   77,311   $425.26     ($2.08)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      11   12,214   $543.13       $2.16
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   19,316   $479.20     ($8.11)
      Chuck, boneless 85%                      8   95,668   $292.86       $2.23
120   Chuck, brisket                          19   26,626   $279.85     ($9.90)
168   Round, top inside, 10-dn lbs.            6   21,893   $284.77       
168   Round, top inside, 10-up lbs.           25   98,966   $296.90      $10.53
169A  Round, top inside c-off, 8-10 lbs.       4   25,000   $343.94       
169A  Round, top inside c-off, 10-14 lbs.     30  326,525   $345.12       $0.85
169A  Round, top inside c-off, 14-up lbs.      6   16,617   $343.46       $1.74
171B  Round, outside round                     8   73,132   $357.72       $0.64
171C  Round, eye of round                     33   66,727   $340.50       $1.74
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              3      422   $208.11       
180   Loin, strip, bnls, 9-up lbs.            16   23,166   $354.75       $0.47
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  24   38,835   $312.70     ($1.95)
185A  Loin, bottom sirloin butt flap, bnls.   39  120,388   $331.07     ($0.77)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              41  113,582   $369.36     ($5.01)
112   Rib, ribeye roll, 8-up lbs.             45  188,828   $365.30     ($1.89)
100% LEAN
      Inside round - Combo                    18  256,547   $376.19       $2.45
      Inside round - Boxed                    43   88,644   $376.98       $0.35
      Outside round                            4   33,461   $357.31     ($1.96)
      Eye of round                             9   11,753   $363.62       $0.81
      Flats and eyes - Combo                  34  549,265   $363.64       $2.39
      Flats and eyes - Boxed                            
      Striploin                               74  250,301   $409.03       $0.48
      S.P.B. - Combo                          27  459,625   $362.96       $2.08
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     35  143,441   $308.55     ($0.20)
167A  Round, knuckle, peeled                  51  275,978   $334.71       $9.69
190   Loin, tenderloin, 2-3 lbs.              17   16,435   $523.15     ($4.82)
190   Loin, tenderloin, 3-4 lbs.              57   96,327   $575.59       $4.77
190   Loin, tenderloin, 4-5 lbs.             131  204,056   $624.22       $4.44
190   Loin, tenderloin, 5-up lbs.             45   52,015   $643.03    ($11.86)
193   Flank, flank steak                      99  108,214   $380.00       $0.68
      Flank, rough                            49  116,645   $317.43       $1.82
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   18,710   $430.86      $32.87
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.      3   11,038   $342.46       
169A  Round, top inside c-off, 14-up lbs.      3    8,340   $349.19       
180   Loin, strip, bnls, 7-9 lbs.                       
180   Loin, strip, bnls, 9-up lbs.             3    4,160   $404.25       
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-up lbs.              9  147,786   $352.13     ($3.22)
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.                        
190   Loin, tenderloin, 3-4 lbs.               4   40,685   $593.35       $3.16
190   Loin, tenderloin, 4-5 lbs.
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      13   41,390   $301.51     ($5.08)
--------------------------------------------------------------------------------
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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