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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 3/24/2015

LM_XB405
Des Moines, IA                 Tue, Mar 24, 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:               $231.99
Change from prior day:              ($0.11)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $296.37        $165.49       ($0.16)
100% lean inside round                      $371.78          $8.63       ($0.01)
100% lean, flats and eyes                   $371.37          $8.62         $0.02
100% lean, S.P.B.                           $372.68         $18.63       ($0.01)
Chuck Tender                                $307.94          $3.08         
Knuckle                   4-7 lbs.          $320.24          $8.10         $0.01
Tenderloin                2-3 lbs.          $498.00          $2.64         
Tenderloin                3-4 lbs.          $548.18          $4.06         $0.01
Ribeye Roll               4-6 lbs.          $327.76          $3.44         
Ribeye Roll               6-8 lbs.          $348.39          $2.58         $0.04
Ribeye Roll               8up lbs.          $381.07          $2.78         $0.01
Flank Steak                                 $376.10          $1.58       ($0.02)
Kidney, Edible                               $29.40          $0.14         
Fat, inedible                                $19.43          $0.45         
Bone                                          $7.39          $1.77         
--------------------------------------------------------------------------------
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                 37.72  loads --            1,508,961  pounds
Cutter/Canner Cuts                  3.92  loads --              156,792  pounds
Boner/Breaker/Cutter/Canner        24.87  loads --              994,861  pounds
100% Lean Items                    23.32  loads --              932,844  pounds
Frozen Cuts                         2.21  loads --               88,328  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              13   10,370   $370.41     ($0.06)
112   Rib, ribeye roll, 8-10 lbs.             51  111,690   $379.99     ($0.43)
112   Rib, ribeye roll, 10-up lbs.            64   83,700   $363.93       $4.00
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      32   52,445   $427.36      $14.93
112A  Rib, ribeye roll-lip-on, 8-up lbs.      44  230,580   $429.89       $2.46
      Chuck, boneless 85%                     10  116,604   $284.64       
120   Chuck, brisket                          42  183,675   $264.57       $0.18
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           29   99,748   $287.35     ($0.78)
169A  Round, top inside c-off, 8-10 lbs.       6   13,700   $336.69     ($0.53)
169A  Round, top inside c-off, 10-14 lbs.     18  120,824   $335.59       $0.34
169A  Round, top inside c-off, 14-up lbs.      4   23,105   $338.36       $1.53
171B  Round, outside round                     6   22,940   $317.56       $5.20
171C  Round, eye of round                     27   44,048   $344.16     ($3.00)
      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.            12   22,572   $375.26     ($4.81)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  49  163,241   $311.95     ($0.16)
185A  Loin, bottom sirloin butt flap, bnls.   60  207,004   $340.96       $2.26
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              40  114,529   $348.39       $4.54
112   Rib, ribeye roll, 8-up lbs.             24   34,523   $381.01       $2.09
100% LEAN
      Inside round - Combo                    12  105,375   $375.11     ($0.15)
      Inside round - Boxed                    34   75,300   $367.14     ($0.41)
      Outside round
      Eye of round                            20   57,885   $350.09       $2.70
      Flats and eyes - Combo                  24  268,445   $375.57     ($0.08)
      Flats and eyes - Boxed                            
      Striploin                               53  212,487   $399.19     ($0.36)
      S.P.B. - Combo                          14  188,936   $372.68     ($0.17)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33  121,605   $307.94     ($0.34)
167A  Round, knuckle, peeled                  48  374,037   $320.24       $0.46
190   Loin, tenderloin, 2-3 lbs.               9    7,252   $498.00       $0.30
190   Loin, tenderloin, 3-4 lbs.              41   57,992   $548.18       $1.18
190   Loin, tenderloin, 4-5 lbs.             157  203,431   $600.84       $4.78
190   Loin, tenderloin, 5-up lbs.             28   17,770   $596.84    ($11.01)
193   Flank, flank steak                     123  121,704   $406.42     ($3.21)
      Flank, rough                            43   91,070   $314.00       $5.01
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   32,131   $342.90     ($0.26)
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                      21   48,585   $300.13       $9.50
--------------------------------------------------------------------------------
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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