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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 12/24/2014

LM_XB405
Des Moines, IA                 Wed, Dec 24, 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:               $235.91
Change from prior day:                $3.36
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $299.51        $167.25         $3.29
100% lean inside round                      $385.00          $8.93       ($0.01)
100% lean, flats and eyes                   $392.52          $9.11         
100% lean, S.P.B.                           $393.26         $19.66       ($0.02)
Chuck Tender                                $308.75          $3.09         
Knuckle                   4-7 lbs.          $314.67          $7.96         $0.01
Tenderloin                2-3 lbs.          $506.28          $2.68         $0.05
Tenderloin                3-4 lbs.          $560.78          $4.15         $0.01
Ribeye Roll               4-6 lbs.          $346.40          $3.64         
Ribeye Roll               6-8 lbs.          $358.32          $2.65         $0.03
Ribeye Roll               8up lbs.          $372.30          $2.72         
Flank Steak                                 $320.57          $1.35         
Kidney, Edible                               $38.05          $0.18         
Fat, inedible                                $22.28          $0.52         
Bone                                          $8.41          $2.02         
--------------------------------------------------------------------------------
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                 21.66  loads --              866,564  pounds
Cutter/Canner Cuts                  5.93  loads --              237,171  pounds
Boner/Breaker/Cutter/Canner        29.94  loads --            1,197,435  pounds
100% Lean Items                    28.86  loads --            1,154,235  pounds
Frozen Cuts                        15.58  loads --              623,240  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7    7,259   $412.65       $4.34
112   Rib, ribeye roll, 8-10 lbs.             38   85,677   $401.23       $1.29
112   Rib, ribeye roll, 10-up lbs.            76   85,423   $386.94     ($5.93)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      29   66,307   $355.45     ($0.01)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      13   29,199   $384.01       $4.98
      Chuck, boneless 85%                      9   95,983   $273.49    ($10.83)
120   Chuck, brisket                          19   50,236   $302.82     ($0.38)
168   Round, top inside, 10-dn lbs.            3    1,544   $302.15       $3.28
168   Round, top inside, 10-up lbs.           26   96,440   $296.93       $2.02
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     11   52,456   $362.36     ($0.13)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     6   37,610   $375.24     ($0.15)
171C  Round, eye of round                     53   72,624   $357.66       $0.57
      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    5,192   $351.29     ($3.88)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  27   67,055   $281.22     ($5.34)
185A  Loin, bottom sirloin butt flap, bnls.   45  110,709   $318.57     ($4.34)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              41  111,187   $353.40     ($0.02)
112   Rib, ribeye roll, 8-up lbs.             43  125,984   $372.30     ($0.72)
100% LEAN
      Inside round - Combo                    12  105,903   $389.39     ($0.58)
      Inside round - Boxed                    38  169,805   $382.26     ($0.22)
      Outside round
      Eye of round                             8   18,018   $392.72       $0.49
      Flats and eyes - Combo                  25  301,900   $392.75     ($0.20)
      Flats and eyes - Boxed                            
      Striploin                               72  227,929   $417.68       $0.55
      S.P.B. - Combo                          21  316,319   $393.26     ($0.24)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     39  146,508   $308.75       $0.04
167A  Round, knuckle, peeled                  58  396,239   $314.67       $0.40
190   Loin, tenderloin, 2-3 lbs.              12   14,268   $506.28      $10.53
190   Loin, tenderloin, 3-4 lbs.              58   98,864   $555.61       $1.68
190   Loin, tenderloin, 4-5 lbs.             182  278,325   $616.88       $0.64
190   Loin, tenderloin, 5-up lbs.             44   28,474   $663.33      $14.73
193   Flank, flank steak                      92  121,854   $332.74       $2.81
      Flank, rough                            45  112,903   $292.85       $0.46
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.             12  500,250   $388.16       
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.      3   16,938   $368.00
180   Loin, strip, bnls, 7-9 lbs.                       
180   Loin, strip, bnls, 9-up lbs.             3    3,432   $425.73
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                      18   60,630   $296.10     ($8.33)
--------------------------------------------------------------------------------
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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