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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 10/6/2014

LM_XB405
Des Moines, IA                 Mon, Oct 06, 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:               $232.14
Change from prior day:                $0.20
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $295.61        $165.07         $0.15
100% lean inside round                      $376.70          $8.74       ($0.05)
100% lean, flats and eyes                   $374.45          $8.69         $0.03
100% lean, S.P.B.                           $372.69         $18.63         $0.05
Chuck Tender                                $305.08          $3.05         $0.01
Knuckle                   4-7 lbs.          $315.44          $7.98       ($0.01)
Tenderloin                2-3 lbs.          $518.74          $2.75         $0.04
Tenderloin                3-4 lbs.          $572.11          $4.23         $0.06
Ribeye Roll               4-6 lbs.          $352.25          $3.70         
Ribeye Roll               6-8 lbs.          $359.95          $2.66       ($0.04)
Ribeye Roll               8up lbs.          $363.24          $2.65       ($0.01)
Flank Steak                                 $361.34          $1.52         $0.03
Kidney, Edible                               $35.86          $0.16         
Fat, inedible                                $20.60          $0.48         
Bone                                          $7.63          $1.83       ($0.06)
--------------------------------------------------------------------------------
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                 26.69  loads --            1,067,411  pounds
Cutter/Canner Cuts                  5.01  loads --              200,264  pounds
Boner/Breaker/Cutter/Canner        26.56  loads --            1,062,434  pounds
100% Lean Items                    34.13  loads --            1,365,299  pounds
Frozen Cuts                         2.18  loads --               87,390  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              13    7,856   $423.17     ($7.16)
112   Rib, ribeye roll, 8-10 lbs.             51  122,203   $403.90     ($1.19)
112   Rib, ribeye roll, 10-up lbs.            59   99,324   $404.66     ($1.26)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      19   50,528   $468.32     ($2.99)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       6   14,346   $464.14       $5.41
      Chuck, boneless 85%                     11   91,653   $287.44     ($3.09)
120   Chuck, brisket                          25   29,667   $268.28     ($1.72)
168   Round, top inside, 10-dn lbs.            6    7,644   $272.93     ($0.35)
168   Round, top inside, 10-up lbs.           23   69,057   $297.87     ($0.20)
169A  Round, top inside c-off, 8-10 lbs.       4   23,184   $352.59
169A  Round, top inside c-off, 10-14 lbs.     29  270,372   $352.49       $0.16
169A  Round, top inside c-off, 14-up lbs.      5   31,875   $353.38       $0.63
171B  Round, outside round                     8   53,694   $367.24     ($1.02)
171C  Round, eye of round                     37   53,281   $341.21     ($9.05)
      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   12,395   $366.26     ($2.48)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  22   44,556   $287.26       $2.59
185A  Loin, bottom sirloin butt flap, bnls.   37   85,776   $307.80       $0.25
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              40  114,429   $359.95     ($4.37)
112   Rib, ribeye roll, 8-up lbs.             34   84,825   $363.53     ($1.95)
100% LEAN
      Inside round - Combo                    16  217,202   $374.82     ($3.20)
      Inside round - Boxed                    36   43,021   $386.20       $1.26
      Outside round                            6   19,665   $370.90       $2.73
      Eye of round                            13   21,436   $368.85       $0.37
      Flats and eyes - Combo                  32  450,909   $374.88       $1.03
      Flats and eyes - Boxed                            
      Striploin                               70  242,778   $422.09     ($1.64)
      S.P.B. - Combo                          24  370,288   $372.69       $1.03
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     44  176,140   $305.08       $1.39
167A  Round, knuckle, peeled                  45  263,820   $315.44     ($0.23)
190   Loin, tenderloin, 2-3 lbs.              15   24,408   $523.00       $9.08
190   Loin, tenderloin, 3-4 lbs.              45   78,965   $570.48       $8.82
190   Loin, tenderloin, 4-5 lbs.             139  184,276   $622.40     ($0.13)
190   Loin, tenderloin, 5-up lbs.             33   35,427   $639.87       $3.53
193   Flank, flank steak                     108  128,336   $363.51     ($1.80)
      Flank, rough                            58  171,062   $311.53     ($0.31)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.
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.
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                       8   32,735   $352.84      $35.62
--------------------------------------------------------------------------------
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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