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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 10/28/2014

LM_XB405
Des Moines, IA                 Tue, Oct 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:               $232.95
Change from prior day:              ($0.55)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $295.40        $164.95       ($0.56)
100% lean inside round                      $380.34          $8.82       ($0.03)
100% lean, flats and eyes                   $383.35          $8.89         $0.01
100% lean, S.P.B.                           $383.72         $19.19         $0.01
Chuck Tender                                $307.81          $3.08       ($0.01)
Knuckle                   4-7 lbs.          $321.28          $8.13         $0.02
Tenderloin                2-3 lbs.          $501.62          $2.66         
Tenderloin                3-4 lbs.          $586.78          $4.34       ($0.01)
Ribeye Roll               4-6 lbs.          $352.25          $3.70         
Ribeye Roll               6-8 lbs.          $369.91          $2.74         $0.02
Ribeye Roll               8up lbs.          $366.44          $2.68         $0.01
Flank Steak                                 $345.13          $1.45       ($0.01)
Kidney, Edible                               $38.38          $0.18         
Fat, inedible                                $20.60          $0.48         
Bone                                          $6.92          $1.66         
--------------------------------------------------------------------------------
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                 28.97  loads --            1,158,917  pounds
Cutter/Canner Cuts                  5.25  loads --              209,818  pounds
Boner/Breaker/Cutter/Canner        25.49  loads --            1,019,770  pounds
100% Lean Items                    39.38  loads --            1,575,368  pounds
Frozen Cuts                         5.02  loads --              200,966  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10   26,480   $401.72     ($1.28)
112   Rib, ribeye roll, 8-10 lbs.             43  108,545   $391.29     ($6.70)
112   Rib, ribeye roll, 10-up lbs.            55   94,216   $400.04     ($1.56)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      27   65,303   $461.04       $0.17
112A  Rib, ribeye roll-lip-on, 8-up lbs.       9    9,496   $452.11     ($4.57)
      Chuck, boneless 85%                      9   87,480   $287.51       
120   Chuck, brisket                          25   47,686   $287.74       $0.05
168   Round, top inside, 10-dn lbs.            6    9,163   $296.44       
168   Round, top inside, 10-up lbs.           30  105,499   $303.10     ($1.93)
169A  Round, top inside c-off, 8-10 lbs.       4   10,908   $355.14       
169A  Round, top inside c-off, 10-14 lbs.     26  256,833   $355.08       $0.50
169A  Round, top inside c-off, 14-up lbs.      4   26,655   $370.35
171B  Round, outside round                     6   54,665   $371.45     ($5.49)
171C  Round, eye of round                     51   84,334   $359.30     ($2.95)
      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   18,456   $354.19    ($16.82)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  25   58,559   $277.91     ($0.37)
185A  Loin, bottom sirloin butt flap, bnls.   50   94,539   $332.61       $2.00
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              42   90,192   $368.40       $0.89
112   Rib, ribeye roll, 8-up lbs.             34  118,781   $371.70       $1.65
100% LEAN
      Inside round - Combo                    23  290,918   $380.33     ($1.34)
      Inside round - Boxed                    31   73,491   $380.35       $0.39
      Outside round                            5   16,740   $376.06     ($4.57)
      Eye of round                             7   11,998   $382.65       $5.51
      Flats and eyes - Combo                  37  526,299   $383.59       $0.55
      Flats and eyes - Boxed                            
      Striploin                               56  287,699   $426.78       $0.40
      S.P.B. - Combo                          28  368,223   $383.72       $0.22
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     40  184,761   $307.81     ($0.81)
167A  Round, knuckle, peeled                  57  315,591   $321.28       $0.55
190   Loin, tenderloin, 2-3 lbs.              19   23,692   $506.87     ($0.70)
190   Loin, tenderloin, 3-4 lbs.              29   56,920   $580.83     ($1.77)
190   Loin, tenderloin, 4-5 lbs.             108  170,693   $637.65     ($3.49)
190   Loin, tenderloin, 5-up lbs.             33   26,212   $636.24     ($5.57)
193   Flank, flank steak                      82  105,650   $361.38     ($0.55)
      Flank, rough                            47  136,251   $310.88     ($0.61)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              7   12,750   $401.76    ($40.89)
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.             4    4,160   $433.00     ($0.77)
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.               6   18,217   $626.00
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      13   35,763   $297.15     ($3.56)
--------------------------------------------------------------------------------
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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