Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 5/1/2015

Past Market Reports

Report Date: 5/1/2015

LM_XB405
Des Moines, IA                 Fri, May 01, 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:               $233.34
Change from prior day:              ($0.55)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $296.35        $165.48       ($0.69)
100% lean inside round                      $370.21          $8.59         $0.06
100% lean, flats and eyes                   $364.56          $8.46       ($0.07)
100% lean, S.P.B.                           $373.36         $18.67         
Chuck Tender                                $303.79          $3.04         $0.02
Knuckle                   4-7 lbs.          $321.95          $8.15         $0.05
Tenderloin                2-3 lbs.          $530.56          $2.81       ($0.03)
Tenderloin                3-4 lbs.          $665.70          $4.93       ($0.01)
Ribeye Roll               4-6 lbs.          $362.00          $3.80         $0.10
Ribeye Roll               6-8 lbs.          $371.64          $2.75         $0.01
Ribeye Roll               8up lbs.          $376.38          $2.75         $0.01
Flank Steak                                 $373.89          $1.57         
Kidney, Edible                               $27.21          $0.13         
Fat, inedible                                $17.92          $0.42         
Bone                                          $7.47          $1.79         
--------------------------------------------------------------------------------
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                 40.22  loads --            1,608,702  pounds
Cutter/Canner Cuts                  3.60  loads --              143,841  pounds
Boner/Breaker/Cutter/Canner        18.97  loads --              758,613  pounds
100% Lean Items                    31.33  loads --            1,253,291  pounds
Frozen Cuts                         6.51  loads --              260,395  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              15   31,899   $361.03    ($14.34)
112   Rib, ribeye roll, 8-10 lbs.             41   99,221   $389.07     ($0.05)
112   Rib, ribeye roll, 10-up lbs.            67   83,424   $399.01       $0.13
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   24,351   $548.80       $2.45
112A  Rib, ribeye roll-lip-on, 8-up lbs.      64  269,638   $497.20       $0.16
      Chuck, boneless 85%                     10  144,900   $279.22       $0.04
120   Chuck, brisket                          15   59,458   $230.38     ($0.01)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           24   72,275   $291.76     ($3.71)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     38  332,515   $331.21     ($0.53)
169A  Round, top inside c-off, 14-up lbs.      6   52,761   $331.55     ($1.73)
171B  Round, outside round                     7   15,390   $313.18       $3.93
171C  Round, eye of round                     23   34,326   $330.99      $14.27
      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.            13   22,960   $394.99       $7.04
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  53  160,594   $320.46       $1.48
185A  Loin, bottom sirloin butt flap, bnls.   52  199,106   $412.51       $4.49
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              38   67,948   $372.20       $1.47
112   Rib, ribeye roll, 8-up lbs.             31   75,893   $375.77       $0.43
100% LEAN
      Inside round - Combo                    14   98,252   $367.24       $2.82
      Inside round - Boxed                    38   86,219   $373.60       $0.01
      Outside round                            5   30,825   $366.87       $1.60
      Eye of round                            28  102,069   $338.40     ($3.20)
      Flats and eyes - Combo                  30  411,469   $370.88     ($3.27)
      Flats and eyes - Boxed                            
      Striploin                               61  243,601   $406.98       $0.17
      S.P.B. - Combo                          18  280,856   $373.36       
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     23   80,223   $303.79       $2.19
167A  Round, knuckle, peeled                  30  226,661   $321.95       $1.61
190   Loin, tenderloin, 2-3 lbs.              13   13,849   $530.56     ($4.50)
190   Loin, tenderloin, 3-4 lbs.              30   44,089   $665.70     ($1.20)
190   Loin, tenderloin, 4-5 lbs.             154  201,507   $690.27       $3.73
190   Loin, tenderloin, 5-up lbs.             34   17,880   $689.06       $2.67
193   Flank, flank steak                      95   99,246   $432.46       $0.14
      Flank, rough                            43   75,158   $330.87       $1.39
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   16,284   $381.74
112   Rib, ribeye roll, 8-10 lbs.              3   13,650   $384.81
112   Rib, ribeye roll, 10-up lbs.             3   52,556   $370.08       
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.               5   32,767   $370.47       
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                      16   48,336   $253.62       
--------------------------------------------------------------------------------
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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