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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 11/20/2014

LM_XB405
Des Moines, IA                 Thu, Nov 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:               $234.03
Change from prior day:                $0.96
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $296.10        $165.34         $0.84
100% lean inside round                      $384.70          $8.93         $0.02
100% lean, flats and eyes                   $387.01          $8.98         
100% lean, S.P.B.                           $386.71         $19.34         
Chuck Tender                                $311.06          $3.11         
Knuckle                   4-7 lbs.          $318.86          $8.07         $0.02
Tenderloin                2-3 lbs.          $511.66          $2.71         $0.05
Tenderloin                3-4 lbs.          $597.97          $4.43         $0.01
Ribeye Roll               4-6 lbs.          $349.84          $3.67         $0.04
Ribeye Roll               6-8 lbs.          $372.76          $2.76         
Ribeye Roll               8up lbs.          $389.03          $2.84         
Flank Steak                                 $340.00          $1.43       ($0.02)
Kidney, Edible                               $41.00          $0.19         
Fat, inedible                                $20.60          $0.48         
Bone                                          $7.30          $1.75         
--------------------------------------------------------------------------------
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                 32.37  loads --            1,294,713  pounds
Cutter/Canner Cuts                  4.05  loads --              161,825  pounds
Boner/Breaker/Cutter/Canner        29.56  loads --            1,182,489  pounds
100% Lean Items                    37.24  loads --            1,489,545  pounds
Frozen Cuts                         4.14  loads --              165,797  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              15   92,180   $431.31       
112   Rib, ribeye roll, 8-10 lbs.             38   75,365   $418.14       $5.30
112   Rib, ribeye roll, 10-up lbs.            63  103,234   $409.36       $0.39
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      19   38,980   $414.88    ($21.06)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      10    8,475   $427.29     ($3.22)
      Chuck, boneless 85%                     10  115,357   $283.61       
120   Chuck, brisket                          38   74,958   $305.11       $0.82
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           35  100,199   $307.06     ($2.46)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     38  415,413   $361.53       $0.19
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     4   33,875   $380.14     ($1.17)
171C  Round, eye of round                     47   61,389   $352.64     ($2.94)
      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   13,223   $358.72       $0.02
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  15   39,445   $280.00       $1.60
185A  Loin, bottom sirloin butt flap, bnls.   37  107,255   $324.99       $0.89
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   11,225   $362.79
112   Rib, ribeye roll, 6-8 lbs.              43   77,044   $372.75     ($0.50)
112   Rib, ribeye roll, 8-up lbs.             27   73,556   $389.17       $0.23
100% LEAN
      Inside round - Combo                    15  226,527   $381.95       $0.15
      Inside round - Boxed                    39   64,826   $394.31     ($0.42)
      Outside round                            4   39,906   $382.76     ($1.00)
      Eye of round                            11   22,326   $390.23       $0.47
      Flats and eyes - Combo                  27  463,539   $387.22     ($0.20)
      Flats and eyes - Boxed                            
      Striploin                               76  274,553   $424.16       $0.10
      S.P.B. - Combo                          27  397,868   $386.71     ($0.18)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     41  176,127   $311.06       $0.03
167A  Round, knuckle, peeled                  60  372,919   $318.86       $0.82
190   Loin, tenderloin, 2-3 lbs.              16   15,492   $503.15       $1.79
190   Loin, tenderloin, 3-4 lbs.              45   94,840   $597.34       $0.19
190   Loin, tenderloin, 4-5 lbs.             128  214,061   $653.43       $5.94
190   Loin, tenderloin, 5-up lbs.             39   33,030   $653.72       $3.01
193   Flank, flank steak                     111  143,011   $356.41       $2.03
      Flank, rough                            56  133,009   $311.17       $1.52
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   26,868   $428.53       $0.84
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   30,253   $262.45    ($35.35)
--------------------------------------------------------------------------------
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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