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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 1/29/2015

LM_XB405
Des Moines, IA                 Thu, Jan 29, 2015                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:               $237.14
Change from prior day:              ($1.55)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $303.69        $169.58       ($1.03)
100% lean inside round                      $385.39          $8.94       ($0.02)
100% lean, flats and eyes                   $387.35          $8.99         
100% lean, S.P.B.                           $383.40         $19.17       ($0.04)
Chuck Tender                                $305.24          $3.05       ($0.06)
Knuckle                   4-7 lbs.          $320.31          $8.10       ($0.08)
Tenderloin                2-3 lbs.          $490.98          $2.60       ($0.01)
Tenderloin                3-4 lbs.          $543.29          $4.02       ($0.20)
Ribeye Roll               4-6 lbs.          $342.95          $3.60       ($0.01)
Ribeye Roll               6-8 lbs.          $342.17          $2.53       ($0.03)
Ribeye Roll               8up lbs.          $366.83          $2.68       ($0.02)
Flank Steak                                 $353.18          $1.48       ($0.05)
Kidney, Edible                               $31.14          $0.14         
Fat, inedible                                $18.26          $0.42         
Bone                                          $7.66          $1.84         
--------------------------------------------------------------------------------
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                 29.01  loads --            1,160,331  pounds
Cutter/Canner Cuts                  5.70  loads --              227,927  pounds
Boner/Breaker/Cutter/Canner        22.56  loads --              902,369  pounds
100% Lean Items                    32.81  loads --            1,312,299  pounds
Frozen Cuts                         2.53  loads --              101,374  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   30,671   $398.53     ($4.53)
112   Rib, ribeye roll, 8-10 lbs.             38  165,659   $367.40    ($13.84)
112   Rib, ribeye roll, 10-up lbs.            68   83,199   $368.77     ($8.43)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23   50,031   $348.17     ($0.43)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      15   42,633   $364.53     ($5.44)
      Chuck, boneless 85%                     10   94,825   $295.98       
120   Chuck, brisket                          30   83,357   $319.62     ($1.45)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           28  105,209   $284.35       $0.54
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     19  130,388   $355.41     ($0.60)
169A  Round, top inside c-off, 14-up lbs.      5   72,529   $356.46       
171B  Round, outside round                     5    6,388   $347.56     ($6.41)
171C  Round, eye of round                     31   47,808   $365.37     ($0.29)
      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   13,469   $373.32       $2.21
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  25   89,313   $284.48       $5.06
185A  Loin, bottom sirloin butt flap, bnls.   47  136,897   $334.08     ($0.94)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4   14,930   $336.00       
112   Rib, ribeye roll, 6-8 lbs.              44  161,822   $342.17     ($3.30)
112   Rib, ribeye roll, 8-up lbs.             22   51,175   $366.83     ($2.65)
100% LEAN
      Inside round - Combo                    18  147,659   $383.95     ($0.70)
      Inside round - Boxed                    32  105,294   $387.41     ($1.58)
      Outside round                            4   42,104   $388.21
      Eye of round                            11   21,560   $391.36       $0.16
      Flats and eyes - Combo                  29  437,327   $387.06     ($0.20)
      Flats and eyes - Boxed                            
      Striploin                               69  271,095   $412.56     ($0.82)
      S.P.B. - Combo                          22  287,260   $383.40     ($0.76)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     35  125,240   $305.24     ($5.72)
167A  Round, knuckle, peeled                  38  247,902   $320.31     ($2.86)
190   Loin, tenderloin, 2-3 lbs.              16   15,114   $490.98     ($1.97)
190   Loin, tenderloin, 3-4 lbs.              32   68,357   $543.29    ($27.57)
190   Loin, tenderloin, 4-5 lbs.             107  206,485   $580.40     ($2.92)
190   Loin, tenderloin, 5-up lbs.             39   49,899   $565.29    ($10.81)
193   Flank, flank steak                      83   97,585   $377.48     ($1.83)
      Flank, rough                            53   91,787   $308.95     ($3.66)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              8   19,275   $366.68    ($18.30)
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.               3   25,620   $347.00       
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                      15   46,859   $302.57    ($29.19)
--------------------------------------------------------------------------------
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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