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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 10/17/2014

LM_XB405
Des Moines, IA                 Fri, Oct 17, 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:               $233.19
Change from prior day:              ($0.33)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $296.32        $165.47       ($0.34)
100% lean inside round                      $379.37          $8.80         $0.01
100% lean, flats and eyes                   $378.29          $8.78         $0.01
100% lean, S.P.B.                           $378.09         $18.90         $0.01
Chuck Tender                                $319.82          $3.20         $0.04
Knuckle                   4-7 lbs.          $318.85          $8.07       ($0.03)
Tenderloin                2-3 lbs.          $512.13          $2.71       ($0.01)
Tenderloin                3-4 lbs.          $601.46          $4.45       ($0.01)
Ribeye Roll               4-6 lbs.          $352.25          $3.70         
Ribeye Roll               6-8 lbs.          $364.77          $2.70         $0.01
Ribeye Roll               8up lbs.          $362.98          $2.65         
Flank Steak                                 $330.23          $1.39       ($0.02)
Kidney, Edible                               $37.08          $0.17         
Fat, inedible                                $20.60          $0.48         
Bone                                          $7.16          $1.72         
--------------------------------------------------------------------------------
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                 22.40  loads --              896,040  pounds
Cutter/Canner Cuts                  5.66  loads --              226,572  pounds
Boner/Breaker/Cutter/Canner        20.98  loads --              839,348  pounds
100% Lean Items                    27.88  loads --            1,115,207  pounds
Frozen Cuts                        14.22  loads --              568,835  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   18,320   $396.30       $0.07
112   Rib, ribeye roll, 8-10 lbs.             43   97,664   $401.69     ($1.68)
112   Rib, ribeye roll, 10-up lbs.            75   98,408   $395.31     ($0.17)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      13   21,907   $471.19     ($1.23)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      13   18,271   $463.97     ($1.74)
      Chuck, boneless 85%                     11  128,587   $290.83     ($0.09)
120   Chuck, brisket                          14   40,736   $275.53       $1.76
168   Round, top inside, 10-dn lbs.            5   13,600   $311.84       $2.03
168   Round, top inside, 10-up lbs.           29   87,816   $306.90      $10.34
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     15  112,350   $351.77       $1.76
169A  Round, top inside c-off, 14-up lbs.      3   33,725   $367.33
171B  Round, outside round                     8   49,870   $373.03     ($1.47)
171C  Round, eye of round                     44   54,645   $356.24     ($2.43)
      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.             9    8,911   $357.75     ($1.36)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  26   30,710   $305.04       $1.95
185A  Loin, bottom sirloin butt flap, bnls.   29   63,420   $326.47       $5.91
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              43  103,506   $364.68       $1.97
112   Rib, ribeye roll, 8-up lbs.             37  116,795   $362.98     ($0.05)
100% LEAN
      Inside round - Combo                    22  185,739   $375.67       $0.18
      Inside round - Boxed                    35   82,033   $387.74     ($0.09)
      Outside round                            7   30,470   $377.31       $0.06
      Eye of round                             8   12,082   $375.41     ($0.97)
      Flats and eyes - Combo                  31  346,642   $378.48       $0.06
      Flats and eyes - Boxed                            
      Striploin                               52  148,735   $430.77       $0.48
      S.P.B. - Combo                          23  309,506   $378.09       $0.23
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30  103,559   $319.82       $3.87
167A  Round, knuckle, peeled                  44  241,942   $318.85     ($1.48)
190   Loin, tenderloin, 2-3 lbs.               9   12,084   $512.13     ($1.48)
190   Loin, tenderloin, 3-4 lbs.              44   64,266   $601.46     ($1.62)
190   Loin, tenderloin, 4-5 lbs.             132  199,092   $645.20       $2.61
190   Loin, tenderloin, 5-up lbs.             27   21,460   $636.33     ($7.80)
193   Flank, flank steak                      78   86,689   $361.08       $1.45
      Flank, rough                            51  110,256   $316.87       $0.32
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.             20  504,519   $388.08     ($0.13)
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.             3    3,380   $428.38       $2.34
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.               3   12,128   $637.49       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      14   45,892   $271.96    ($10.63)
--------------------------------------------------------------------------------
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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