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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 10/20/2014

LM_XB405
Des Moines, IA                 Mon, Oct 20, 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:               $233.32
Change from prior day:                $0.13
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $296.33        $165.47         
100% lean inside round                      $379.60          $8.81         $0.01
100% lean, flats and eyes                   $380.76          $8.83         $0.05
100% lean, S.P.B.                           $380.41         $19.02         $0.12
Chuck Tender                                $321.20          $3.21         $0.01
Knuckle                   4-7 lbs.          $320.37          $8.11         $0.04
Tenderloin                2-3 lbs.          $484.00          $2.57       ($0.14)
Tenderloin                3-4 lbs.          $607.57          $4.50         $0.05
Ribeye Roll               4-6 lbs.          $352.25          $3.70         
Ribeye Roll               6-8 lbs.          $365.61          $2.71         $0.01
Ribeye Roll               8up lbs.          $362.64          $2.65         
Flank Steak                                 $333.12          $1.40         $0.01
Kidney, Edible                               $36.50          $0.17         
Fat, inedible                                $20.60          $0.48         
Bone                                          $7.05          $1.69       ($0.03)
--------------------------------------------------------------------------------
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                 23.01  loads --              920,311  pounds
Cutter/Canner Cuts                  6.31  loads --              252,340  pounds
Boner/Breaker/Cutter/Canner        19.46  loads --              778,468  pounds
100% Lean Items                    30.16  loads --            1,206,424  pounds
Frozen Cuts                         1.50  loads --               59,809  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11   11,110   $400.39       $4.09
112   Rib, ribeye roll, 8-10 lbs.             39   77,051   $397.32     ($4.37)
112   Rib, ribeye roll, 10-up lbs.            75  100,813   $397.95       $2.64
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      10   21,085   $469.69     ($1.50)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      12   18,636   $456.80     ($7.17)
      Chuck, boneless 85%                     11  128,527   $291.44       $0.61
120   Chuck, brisket                          23   67,337   $281.84       $6.31
168   Round, top inside, 10-dn lbs.            6   11,750   $302.95     ($8.89)
168   Round, top inside, 10-up lbs.           31   93,998   $305.98     ($0.92)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     17  128,350   $354.95       $3.18
169A  Round, top inside c-off, 14-up lbs.      3   33,725   $367.33       
171B  Round, outside round                     6   49,170   $373.03       
171C  Round, eye of round                     52   57,880   $358.32       $2.08
      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.            10   10,533   $358.18       $0.43
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  26   32,256   $305.27       $0.23
185A  Loin, bottom sirloin butt flap, bnls.   31   55,290   $328.83       $2.36
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3    6,760   $352.25
112   Rib, ribeye roll, 6-8 lbs.              38   94,257   $365.61       $0.93
112   Rib, ribeye roll, 8-up lbs.             38  151,323   $362.64     ($0.34)
100% LEAN
      Inside round - Combo                    23  227,194   $377.31       $1.64
      Inside round - Boxed                    32   64,601   $387.66     ($0.08)
      Outside round                            5   22,145   $378.69       $1.38
      Eye of round                             9   13,098   $378.69       $3.28
      Flats and eyes - Combo                  33  381,010   $380.95       $2.47
      Flats and eyes - Boxed                            
      Striploin                               52  142,351   $429.58     ($1.19)
      S.P.B. - Combo                          25  356,025   $380.41       $2.32
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     26   96,860   $321.20       $1.38
167A  Round, knuckle, peeled                  43  237,278   $320.37       $1.52
190   Loin, tenderloin, 2-3 lbs.              13   18,111   $489.74    ($22.39)
190   Loin, tenderloin, 3-4 lbs.              39   58,218   $607.57       $6.11
190   Loin, tenderloin, 4-5 lbs.             132  154,140   $657.30      $12.10
190   Loin, tenderloin, 5-up lbs.             27   17,789   $647.17      $10.84
193   Flank, flank steak                      81   88,311   $360.45     ($0.63)
      Flank, rough                            56  107,761   $316.96       $0.09
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              6    6,219   $399.09      $11.01
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       
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                      14   46,044   $280.70       $8.74
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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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