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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 12/22/2014

LM_XB405
Des Moines, IA                 Mon, Dec 22, 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:               $233.08
Change from prior day:                $0.03
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $294.67        $164.54       ($0.01)
100% lean inside round                      $385.37          $8.94       ($0.01)
100% lean, flats and eyes                   $392.53          $9.11         
100% lean, S.P.B.                           $393.95         $19.70         $0.05
Chuck Tender                                $308.11          $3.08       ($0.01)
Knuckle                   4-7 lbs.          $311.67          $7.89       ($0.06)
Tenderloin                2-3 lbs.          $499.00          $2.64         $0.01
Tenderloin                3-4 lbs.          $559.48          $4.14       ($0.02)
Ribeye Roll               4-6 lbs.          $346.40          $3.64       ($0.05)
Ribeye Roll               6-8 lbs.          $352.70          $2.61       ($0.02)
Ribeye Roll               8up lbs.          $370.92          $2.71         $0.02
Flank Steak                                 $324.19          $1.36         $0.06
Kidney, Edible                               $38.05          $0.18         $0.02
Fat, inedible                                $22.28          $0.52         
Bone                                          $8.41          $2.02         $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                 27.05  loads --            1,082,034  pounds
Cutter/Canner Cuts                  5.70  loads --              227,968  pounds
Boner/Breaker/Cutter/Canner        29.18  loads --            1,167,328  pounds
100% Lean Items                    27.48  loads --            1,099,098  pounds
Frozen Cuts                         2.33  loads --               93,374  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11   21,758   $408.39       $0.33
112   Rib, ribeye roll, 8-10 lbs.             42  112,959   $405.41       $2.04
112   Rib, ribeye roll, 10-up lbs.            65   72,433   $389.01       $0.85
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23   69,516   $353.79     ($6.07)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   21,651   $376.44    ($11.54)
      Chuck, boneless 85%                      9   89,536   $291.11       $0.84
120   Chuck, brisket                          31   83,148   $302.80       $0.95
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           28  120,316   $292.17       $0.89
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     20  140,456   $363.26     ($0.17)
169A  Round, top inside c-off, 14-up lbs.      4   27,279   $367.99     ($0.31)
171B  Round, outside round                     8   66,110   $367.91       $0.05
171C  Round, eye of round                     43   89,425   $342.95       $1.75
      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.            14   37,980   $360.78     ($0.10)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  24   57,252   $277.94     ($0.34)
185A  Loin, bottom sirloin butt flap, bnls.   41   71,276   $323.51       $6.17
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              47   98,050   $352.70     ($3.10)
112   Rib, ribeye roll, 8-up lbs.             41  128,618   $370.92       $2.28
100% LEAN
      Inside round - Combo                    10   86,558   $390.46       $1.04
      Inside round - Boxed                    37  157,778   $382.58     ($1.66)
      Outside round                            3   34,111   $389.54       $1.46
      Eye of round                             7   16,222   $391.68       $1.46
      Flats and eyes - Combo                  21  263,611   $392.97     ($0.26)
      Flats and eyes - Boxed                            
      Striploin                               77  268,799   $416.60       $1.44
      S.P.B. - Combo                          18  272,019   $393.95       $0.92
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     46  179,467   $308.11     ($0.39)
167A  Round, knuckle, peeled                  50  295,905   $311.67     ($2.60)
190   Loin, tenderloin, 2-3 lbs.              13   15,983   $499.00       $3.50
190   Loin, tenderloin, 3-4 lbs.              57  109,882   $554.49     ($4.13)
190   Loin, tenderloin, 4-5 lbs.             167  267,443   $624.11      $10.75
190   Loin, tenderloin, 5-up lbs.             50   40,400   $647.18      $14.90
193   Flank, flank steak                      93  128,796   $332.36     ($1.12)
      Flank, rough                            49  129,452   $290.98     ($2.91)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.
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                      19   44,200   $300.40      $37.95
--------------------------------------------------------------------------------
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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