Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 2/19/2015

Past Market Reports

Report Date: 2/19/2015

LM_XB405
Des Moines, IA                 Thu, Feb 19, 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:               $228.76
Change from prior day:                $1.04
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $292.54        $163.35         $1.10
100% lean inside round                      $363.18          $8.43         
100% lean, flats and eyes                   $370.11          $8.59       ($0.01)
100% lean, S.P.B.                           $367.44         $18.37       ($0.05)
Chuck Tender                                $306.23          $3.06         $0.01
Knuckle                   4-7 lbs.          $316.34          $8.00         $0.01
Tenderloin                2-3 lbs.          $489.56          $2.59       ($0.01)
Tenderloin                3-4 lbs.          $521.20          $3.86         
Ribeye Roll               4-6 lbs.          $337.25          $3.54         
Ribeye Roll               6-8 lbs.          $341.20          $2.52       ($0.02)
Ribeye Roll               8up lbs.          $374.54          $2.73         $0.03
Flank Steak                                 $344.09          $1.45       ($0.02)
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                 22.32  loads --              892,909  pounds
Cutter/Canner Cuts                  2.93  loads --              117,043  pounds
Boner/Breaker/Cutter/Canner        28.49  loads --            1,139,510  pounds
100% Lean Items                    27.31  loads --            1,092,236  pounds
Frozen Cuts                         2.82  loads --              112,606  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              13   15,966   $384.20       $3.96
112   Rib, ribeye roll, 8-10 lbs.             38  140,308   $357.49     ($2.06)
112   Rib, ribeye roll, 10-up lbs.            52   74,193   $357.91     ($6.22)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      24   49,658   $326.35       $3.08
112A  Rib, ribeye roll-lip-on, 8-up lbs.      12   16,644   $349.44     ($1.90)
      Chuck, boneless 85%                      8   79,364   $282.73    ($10.57)
120   Chuck, brisket                          17   23,716   $293.03       $1.02
168   Round, top inside, 10-dn lbs.            9   27,292   $275.85       $0.49
168   Round, top inside, 10-up lbs.           28   98,886   $281.90       $8.12
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     15  112,106   $341.75      $28.93
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                    10   29,693   $309.99       $0.13
171C  Round, eye of round                     38   58,486   $356.44       $3.09
      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.             9   14,577   $358.27     ($4.42)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  17   21,078   $301.41       $2.86
185A  Loin, bottom sirloin butt flap, bnls.   32   98,567   $321.74     ($0.77)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              39   74,130   $340.75     ($2.46)
112   Rib, ribeye roll, 8-up lbs.             22   38,118   $374.54       $4.35
100% LEAN
      Inside round - Combo                    10   91,285   $380.94     ($0.94)
      Inside round - Boxed                    32  117,309   $349.37     ($3.48)
      Outside round                            5   28,384   $363.47       
      Eye of round                            17   44,739   $371.49       $0.11
      Flats and eyes - Combo                  21  329,730   $370.49     ($0.65)
      Flats and eyes - Boxed                            
      Striploin                               62  222,410   $407.58       $0.24
      S.P.B. - Combo                          20  258,379   $367.44     ($1.00)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30  104,950   $306.23       $1.41
167A  Round, knuckle, peeled                  51  449,748   $316.34       $0.35
190   Loin, tenderloin, 2-3 lbs.              14    9,651   $489.56     ($0.51)
190   Loin, tenderloin, 3-4 lbs.              46   80,175   $521.20     ($0.69)
190   Loin, tenderloin, 4-5 lbs.             145  243,651   $555.69       $0.31
190   Loin, tenderloin, 5-up lbs.             35   18,642   $587.14       $3.98
193   Flank, flank steak                      76   84,522   $365.10     ($0.61)
      Flank, rough                            48  148,171   $280.55     ($2.57)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              6   15,260   $350.86       $4.57
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.             3    2,610   $364.58
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.              10   52,247   $540.73     ($1.30)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      14   37,459   $296.68     ($8.05)
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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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