Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 11/21/2014

Past Market Reports

Report Date: 11/21/2014

LM_XB405
Des Moines, IA                 Fri, Nov 21, 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:               $234.26
Change from prior day:                $0.23
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $296.46        $165.54         $0.20
100% lean inside round                      $386.80          $8.97         $0.04
100% lean, flats and eyes                   $387.39          $8.99         $0.01
100% lean, S.P.B.                           $386.73         $19.34         
Chuck Tender                                $311.62          $3.12         $0.01
Knuckle                   4-7 lbs.          $318.68          $8.06       ($0.01)
Tenderloin                2-3 lbs.          $512.13          $2.71         
Tenderloin                3-4 lbs.          $598.61          $4.43         
Ribeye Roll               4-6 lbs.          $349.84          $3.67         
Ribeye Roll               6-8 lbs.          $373.13          $2.76         
Ribeye Roll               8up lbs.          $388.30          $2.83       ($0.01)
Flank Steak                                 $338.91          $1.42       ($0.01)
Kidney, Edible                               $41.00          $0.19         
Fat, inedible                                $20.60          $0.48         
Bone                                          $7.30          $1.75         
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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                 31.47  loads --            1,258,672  pounds
Cutter/Canner Cuts                  4.62  loads --              184,930  pounds
Boner/Breaker/Cutter/Canner        27.88  loads --            1,115,020  pounds
100% Lean Items                    35.96  loads --            1,438,599  pounds
Frozen Cuts                         4.37  loads --              174,707  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.             43  106,300   $414.80     ($3.34)
112   Rib, ribeye roll, 10-up lbs.            62  100,204   $409.53       $0.17
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      20   39,415   $415.28       $0.40
112A  Rib, ribeye roll-lip-on, 8-up lbs.      11   11,475   $431.50       $4.21
      Chuck, boneless 85%                      9  113,357   $283.36     ($0.25)
120   Chuck, brisket                          37   73,358   $305.47       $0.36
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           31   79,199   $312.44       $5.38
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     34  397,525   $361.66       $0.13
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     6   42,715   $378.03     ($2.11)
171C  Round, eye of round                     46   58,457   $352.92       $0.28
      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   13,475   $358.79       $0.07
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  18   63,233   $273.09     ($6.91)
185A  Loin, bottom sirloin butt flap, bnls.   33   52,144   $345.41      $20.42
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.              44   94,051   $373.12       $0.37
112   Rib, ribeye roll, 8-up lbs.             26   79,654   $388.42     ($0.75)
100% LEAN
      Inside round - Combo                    13  207,527   $384.24       $2.29
      Inside round - Boxed                    40   71,052   $394.29     ($0.02)
      Outside round
      Eye of round                            11   22,992   $390.27       $0.04
      Flats and eyes - Combo                  26  449,539   $387.25       $0.03
      Flats and eyes - Boxed                            
      Striploin                               80  294,841   $423.76     ($0.40)
      S.P.B. - Combo                          26  372,898   $386.73       $0.02
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     39  173,512   $311.62       $0.56
167A  Round, knuckle, peeled                  58  356,106   $318.68     ($0.18)
190   Loin, tenderloin, 2-3 lbs.              16   15,021   $503.57       $0.42
190   Loin, tenderloin, 3-4 lbs.              50   97,305   $598.37       $1.03
190   Loin, tenderloin, 4-5 lbs.             128  181,074   $654.12       $0.69
190   Loin, tenderloin, 5-up lbs.             36   27,312   $658.47       $4.75
193   Flank, flank steak                     110  133,854   $356.30     ($0.11)
      Flank, rough                            56  130,836   $311.18       $0.01
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4   16,818   $392.99    ($35.54)
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.               3   15,368   $645.86
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                      12   38,613   $278.63      $16.18
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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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