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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 3/26/2015

LM_XB405
Des Moines, IA                 Thu, Mar 26, 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:               $231.81
Change from prior day:                $0.03
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $295.75        $165.15         
100% lean inside round                      $372.21          $8.64         $0.01
100% lean, flats and eyes                   $372.76          $8.65         
100% lean, S.P.B.                           $372.65         $18.63       ($0.01)
Chuck Tender                                $308.38          $3.08         
Knuckle                   4-7 lbs.          $323.60          $8.19         $0.08
Tenderloin                2-3 lbs.          $500.56          $2.65         $0.01
Tenderloin                3-4 lbs.          $552.81          $4.09         
Ribeye Roll               4-6 lbs.          $327.76          $3.44         
Ribeye Roll               6-8 lbs.          $351.03          $2.60         $0.01
Ribeye Roll               8up lbs.          $377.59          $2.76       ($0.02)
Flank Steak                                 $373.95          $1.57       ($0.05)
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                 41.01  loads --            1,640,596  pounds
Cutter/Canner Cuts                  5.40  loads --              215,933  pounds
Boner/Breaker/Cutter/Canner        20.44  loads --              817,418  pounds
100% Lean Items                    28.71  loads --            1,148,486  pounds
Frozen Cuts                         1.93  loads --               77,264  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   14,254   $365.79     ($0.28)
112   Rib, ribeye roll, 8-10 lbs.             46  144,514   $375.02     ($6.47)
112   Rib, ribeye roll, 10-up lbs.            58   74,766   $365.21     ($0.59)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      24   36,637   $430.97     ($0.02)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      38  170,886   $438.24       $6.94
      Chuck, boneless 85%                      9   85,395   $284.61       
120   Chuck, brisket                          37  135,526   $263.80       $0.67
168   Round, top inside, 10-dn lbs.            5   12,070   $287.84     ($0.09)
168   Round, top inside, 10-up lbs.           34  116,576   $289.35       $7.45
169A  Round, top inside c-off, 8-10 lbs.       5   23,086   $338.35       $0.97
169A  Round, top inside c-off, 10-14 lbs.     37  334,070   $336.21     ($0.94)
169A  Round, top inside c-off, 14-up lbs.      3   19,710   $338.82       $0.05
171B  Round, outside round                     6   20,200   $321.66       $7.36
171C  Round, eye of round                     32   53,110   $336.49     ($3.03)
      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   27,479   $359.48    ($14.12)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  52  186,629   $316.04     ($0.14)
185A  Loin, bottom sirloin butt flap, bnls.   57  185,688   $341.02       $1.20
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              45  157,071   $351.03       $0.70
112   Rib, ribeye roll, 8-up lbs.             31   51,122   $377.54     ($3.14)
100% LEAN
      Inside round - Combo                    13  108,913   $373.26     ($2.36)
      Inside round - Boxed                    40  119,966   $371.26       $2.44
      Outside round
      Eye of round                            14   42,227   $346.50       
      Flats and eyes - Combo                  29  382,883   $375.48     ($0.45)
      Flats and eyes - Boxed                            
      Striploin                               54  257,967   $400.17     ($0.31)
      S.P.B. - Combo                          16  211,630   $372.61     ($0.24)
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     35  127,034   $308.38       $0.18
167A  Round, knuckle, peeled                  42  221,359   $323.60       $2.95
190   Loin, tenderloin, 2-3 lbs.              10    9,783   $500.56       $3.35
190   Loin, tenderloin, 3-4 lbs.              45   66,971   $552.81       $0.02
190   Loin, tenderloin, 4-5 lbs.             141  188,518   $605.33       $0.93
190   Loin, tenderloin, 5-up lbs.             29   14,580   $607.94       $4.91
193   Flank, flank steak                     107   96,673   $412.69       $6.50
      Flank, rough                            41   92,500   $310.13       $4.01
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   25,293   $301.89
112   Rib, ribeye roll, 8-10 lbs.              5    6,300   $339.49       $1.23
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                      17   43,196   $287.25    ($31.84)
--------------------------------------------------------------------------------
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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