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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 12/15/2014

LM_XB405
Des Moines, IA                 Mon, Dec 15, 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:               $234.20
Change from prior day:                $0.67
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $296.04        $165.31         $0.60
100% lean inside round                      $391.70          $9.09         $0.01
100% lean, flats and eyes                   $392.01          $9.09         $0.05
100% lean, S.P.B.                           $392.78         $19.64         $0.07
Chuck Tender                                $310.84          $3.11       ($0.01)
Knuckle                   4-7 lbs.          $307.28          $7.77       ($0.07)
Tenderloin                2-3 lbs.          $496.94          $2.63       ($0.02)
Tenderloin                3-4 lbs.          $577.45          $4.27         $0.03
Ribeye Roll               4-6 lbs.          $355.44          $3.73       ($0.02)
Ribeye Roll               6-8 lbs.          $366.48          $2.71         $0.01
Ribeye Roll               8up lbs.          $382.48          $2.79       ($0.03)
Flank Steak                                 $335.53          $1.41         $0.01
Kidney, Edible                               $35.67          $0.16       ($0.01)
Fat, inedible                                $22.28          $0.52         
Bone                                          $8.20          $1.97         $0.05
--------------------------------------------------------------------------------
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                 29.25  loads --            1,169,978  pounds
Cutter/Canner Cuts                  3.58  loads --              143,106  pounds
Boner/Breaker/Cutter/Canner        24.09  loads --              963,671  pounds
100% Lean Items                    27.01  loads --            1,080,235  pounds
Frozen Cuts                         3.00  loads --              119,815  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10    8,322   $429.31     ($0.37)
112   Rib, ribeye roll, 8-10 lbs.             39  125,868   $408.90     ($1.63)
112   Rib, ribeye roll, 10-up lbs.            49   69,536   $393.86     ($6.34)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      21   41,807   $369.75     ($0.52)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   39,064   $388.99     ($1.74)
      Chuck, boneless 85%                      8   71,126   $285.11     ($7.96)
120   Chuck, brisket                          22   79,378   $302.20     ($2.25)
168   Round, top inside, 10-dn lbs.           10   35,546   $280.76     ($1.84)
168   Round, top inside, 10-up lbs.           31   81,831   $283.68     ($0.07)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     27  313,937   $363.91     ($0.16)
169A  Round, top inside c-off, 14-up lbs.      3   14,275   $365.94     ($0.78)
171B  Round, outside round                     4   13,090   $365.58     ($7.86)
171C  Round, eye of round                     48   48,718   $357.89     ($1.09)
      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.            13   15,126   $353.69       $0.20
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  27   67,049   $275.08     ($2.57)
185A  Loin, bottom sirloin butt flap, bnls.   35  125,305   $316.26     ($8.80)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4   17,755   $355.44
112   Rib, ribeye roll, 6-8 lbs.              28   70,124   $366.48       $1.72
112   Rib, ribeye roll, 8-up lbs.             25   55,227   $381.26     ($4.21)
100% LEAN
      Inside round - Combo                    11   83,032   $389.61       $0.21
      Inside round - Boxed                    31   60,262   $394.58     ($0.50)
      Outside round                            6   38,305   $386.89     ($1.88)
      Eye of round                             7   17,817   $390.06       $8.12
      Flats and eyes - Combo                  20  349,840   $392.67       $2.65
      Flats and eyes - Boxed                            
      Striploin                               63  188,082   $418.72       $3.16
      S.P.B. - Combo                          20  337,137   $392.88       $1.46
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33  156,825   $310.84     ($1.02)
167A  Round, knuckle, peeled                  46  270,899   $307.28     ($2.46)
190   Loin, tenderloin, 2-3 lbs.              12   22,284   $496.94     ($3.05)
190   Loin, tenderloin, 3-4 lbs.              42   70,195   $577.45       $4.48
190   Loin, tenderloin, 4-5 lbs.              97  177,423   $619.27    ($10.18)
190   Loin, tenderloin, 5-up lbs.             36   36,187   $619.71     ($9.78)
193   Flank, flank steak                      82  105,167   $342.47     ($4.01)
      Flank, rough                            53  124,691   $301.21     ($0.95)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              5   81,925   $389.30     ($0.86)
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                      13   25,875   $307.33      $14.74
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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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