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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 2/18/2015

LM_XB405
Des Moines, IA                 Wed, Feb 18, 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:               $227.72
Change from prior day:              ($0.45)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $290.57        $162.25         $0.11
100% lean inside round                      $363.49          $8.43       ($0.28)
100% lean, flats and eyes                   $370.64          $8.60       ($0.09)
100% lean, S.P.B.                           $368.44         $18.42       ($0.19)
Chuck Tender                                $304.82          $3.05         $0.01
Knuckle                   4-7 lbs.          $315.99          $7.99         $0.04
Tenderloin                2-3 lbs.          $490.07          $2.60         $0.01
Tenderloin                3-4 lbs.          $521.89          $3.86         
Ribeye Roll               4-6 lbs.          $337.25          $3.54         
Ribeye Roll               6-8 lbs.          $343.55          $2.54       ($0.03)
Ribeye Roll               8up lbs.          $370.19          $2.70         
Flank Steak                                 $350.12          $1.47       ($0.03)
Kidney, Edible                               $28.67          $0.13         
Fat, inedible                                $18.26          $0.42         
Bone                                          $7.17          $1.72         
--------------------------------------------------------------------------------
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                 25.43  loads --            1,017,113  pounds
Cutter/Canner Cuts                  3.04  loads --              121,601  pounds
Boner/Breaker/Cutter/Canner        24.90  loads --              995,900  pounds
100% Lean Items                    27.35  loads --            1,093,958  pounds
Frozen Cuts                         3.16  loads --              126,443  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              13   12,212   $380.24      $10.92
112   Rib, ribeye roll, 8-10 lbs.             40  119,333   $359.55     ($0.11)
112   Rib, ribeye roll, 10-up lbs.            57   65,520   $364.13     ($4.30)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      25   55,162   $323.27       $2.93
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   26,990   $351.34     ($2.81)
      Chuck, boneless 85%                     10  140,564   $293.30     ($2.36)
120   Chuck, brisket                          25   38,733   $292.01     ($0.38)
168   Round, top inside, 10-dn lbs.            8   25,258   $275.36       $0.30
168   Round, top inside, 10-up lbs.           24   73,254   $273.78    ($11.75)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     21  197,974   $312.82      $10.34
169A  Round, top inside c-off, 14-up lbs.      3   30,361   $344.79       
171B  Round, outside round                     7   30,653   $309.86       
171C  Round, eye of round                     31   51,416   $353.35       $1.90
      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.             7   10,989   $362.69    ($11.84)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  20   28,335   $298.55       $2.57
185A  Loin, bottom sirloin butt flap, bnls.   33  104,455   $322.51     ($0.51)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              37   78,023   $343.21     ($3.82)
112   Rib, ribeye roll, 8-up lbs.             26   38,783   $370.19     ($0.02)
100% LEAN
      Inside round - Combo                     9   76,636   $381.88     ($0.26)
      Inside round - Boxed                    37  132,569   $352.85    ($17.24)
      Outside round                            5   28,384   $363.47    ($15.92)
      Eye of round                            17   45,924   $371.38       $1.35
      Flats and eyes - Combo                  22  335,146   $371.14     ($3.72)
      Flats and eyes - Boxed                            
      Striploin                               62  198,820   $407.34       $2.59
      S.P.B. - Combo                          20  276,479   $368.44     ($3.73)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     35  126,818   $304.82       $1.28
167A  Round, knuckle, peeled                  38  236,777   $315.99       $1.86
190   Loin, tenderloin, 2-3 lbs.              16   10,869   $490.07       $0.53
190   Loin, tenderloin, 3-4 lbs.              51   84,696   $521.89     ($0.28)
190   Loin, tenderloin, 4-5 lbs.             152  271,924   $555.38     ($1.30)
190   Loin, tenderloin, 5-up lbs.             34   19,919   $583.16     ($2.82)
193   Flank, flank steak                      78  109,565   $365.71     ($0.41)
      Flank, rough                            46  135,332   $283.12     ($4.52)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   20,510   $346.29       
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.              11   56,785   $542.03       $1.25
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      13   37,648   $304.73     ($8.40)
--------------------------------------------------------------------------------
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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