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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 6/11/2015

LM_XB405
Des Moines, IA                 Thu, Jun 11, 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:               $226.16
Change from prior day:                $1.75
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $290.01        $161.94         $2.23
100% lean inside round                      $346.65          $8.04       ($0.04)
100% lean, flats and eyes                   $341.21          $7.92         
100% lean, S.P.B.                           $343.35         $17.17         $0.02
Chuck Tender                                $302.96          $3.03         
Knuckle                   4-7 lbs.          $298.74          $7.56       ($0.01)
Tenderloin                2-3 lbs.          $554.16          $2.94       ($0.19)
Tenderloin                3-4 lbs.          $635.63          $4.70       ($0.09)
Ribeye Roll               4-6 lbs.          $357.76          $3.76       ($0.18)
Ribeye Roll               6-8 lbs.          $369.45          $2.73         $0.02
Ribeye Roll               8up lbs.          $367.05          $2.68       ($0.01)
Flank Steak                                 $411.47          $1.73         
Kidney, Edible                               $17.00          $0.08         
Fat, inedible                                $17.92          $0.42         
Bone                                          $6.10          $1.46         
--------------------------------------------------------------------------------
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                 34.59  loads --            1,383,762  pounds
Cutter/Canner Cuts                  4.72  loads --              188,768  pounds
Boner/Breaker/Cutter/Canner        20.30  loads --              812,089  pounds
100% Lean Items                    33.40  loads --            1,336,015  pounds
Frozen Cuts                         1.85  loads --               74,153  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   14,268   $376.61       $1.21
112   Rib, ribeye roll, 8-10 lbs.             77  275,100   $372.77     ($1.02)
112   Rib, ribeye roll, 10-up lbs.            67   93,805   $395.11       $0.19
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   22,110   $525.26       $0.21
112A  Rib, ribeye roll-lip-on, 8-up lbs.      33   98,586   $485.73       $4.63
      Chuck, boneless 85%                      8  111,740   $289.85       
120   Chuck, brisket                          31   79,507   $244.45       $2.57
168   Round, top inside, 10-dn lbs.            3    2,215   $290.23       
168   Round, top inside, 10-up lbs.           19   60,014   $289.82     ($0.14)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     25  142,128   $320.71     ($3.54)
169A  Round, top inside c-off, 14-up lbs.      4   51,980   $325.35       $0.38
171B  Round, outside round                    14  106,154   $313.30       $0.66
171C  Round, eye of round                     41   74,424   $325.00       $4.72
      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.             8   22,235   $399.19       $0.48
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  38   75,036   $317.87       $1.98
185A  Loin, bottom sirloin butt flap, bnls.   54  151,206   $413.54     ($0.82)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              44   68,795   $369.45       $3.51
112   Rib, ribeye roll, 8-up lbs.             40  119,190   $367.05     ($0.89)
100% LEAN
      Inside round - Combo                    15  154,620   $339.52     ($0.99)
      Inside round - Boxed                    45  100,966   $357.58     ($1.25)
      Outside round
      Eye of round                            16   44,892   $336.48     ($0.53)
      Flats and eyes - Combo                  34  499,237   $341.58     ($0.16)
      Flats and eyes - Boxed                            
      Striploin                               59  220,702   $422.54     ($0.19)
      S.P.B. - Combo                          19  300,079   $343.35       $0.35
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     36  143,400   $302.96       $0.26
167A  Round, knuckle, peeled                  26  193,363   $298.74     ($0.40)
190   Loin, tenderloin, 2-3 lbs.              11   17,233   $554.16    ($37.18)
190   Loin, tenderloin, 3-4 lbs.              33   27,589   $635.63    ($11.27)
190   Loin, tenderloin, 4-5 lbs.             131  222,899   $726.40      $19.01
190   Loin, tenderloin, 5-up lbs.             26   24,864   $708.94       $2.02
193   Flank, flank steak                     105  111,794   $457.96     ($3.41)
      Flank, rough                            40   70,947   $341.35       $2.64
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   15,768   $345.67     ($1.41)
112   Rib, ribeye roll, 8-10 lbs.
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                      16   48,160   $303.56       $4.26
--------------------------------------------------------------------------------
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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