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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 6/12/2015

LM_XB405
Des Moines, IA                 Fri, Jun 12, 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:               $228.12
Change from prior day:                $1.96
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $293.42        $163.85         $1.91
100% lean inside round                      $348.49          $8.09         $0.05
100% lean, flats and eyes                   $340.69          $7.90       ($0.02)
100% lean, S.P.B.                           $342.65         $17.13       ($0.04)
Chuck Tender                                $303.50          $3.04         $0.01
Knuckle                   4-7 lbs.          $299.15          $7.57         $0.01
Tenderloin                2-3 lbs.          $557.72          $2.96         $0.02
Tenderloin                3-4 lbs.          $637.60          $4.72         $0.02
Ribeye Roll               4-6 lbs.          $357.76          $3.76         
Ribeye Roll               6-8 lbs.          $369.23          $2.73         
Ribeye Roll               8up lbs.          $367.25          $2.68         
Flank Steak                                 $411.82          $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                 34.43  loads --            1,377,029  pounds
Cutter/Canner Cuts                  4.56  loads --              182,438  pounds
Boner/Breaker/Cutter/Canner        18.33  loads --              733,298  pounds
100% Lean Items                    24.75  loads --              990,097  pounds
Frozen Cuts                         2.05  loads --               81,907  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10   14,706   $376.35     ($0.26)
112   Rib, ribeye roll, 8-10 lbs.             69  224,243   $372.68     ($0.09)
112   Rib, ribeye roll, 10-up lbs.            67   84,284   $397.27       $2.16
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      21   23,928   $525.62       $0.36
112A  Rib, ribeye roll-lip-on, 8-up lbs.      48  119,425   $484.09     ($1.64)
      Chuck, boneless 85%                      9   96,448   $285.44     ($4.41)
120   Chuck, brisket                          30   76,880   $244.44     ($0.01)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           22   66,908   $290.96       $1.14
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     29  170,205   $321.39       $0.68
169A  Round, top inside c-off, 14-up lbs.      4   51,980   $325.35       
171B  Round, outside round                    13   97,384   $311.12     ($2.18)
171C  Round, eye of round                     40   67,753   $323.95     ($1.05)
      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   21,975   $391.30     ($7.89)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  38   93,151   $320.27       $2.40
185A  Loin, bottom sirloin butt flap, bnls.   59  164,826   $419.63       $6.09
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              40   65,857   $369.23     ($0.22)
112   Rib, ribeye roll, 8-up lbs.             39  115,798   $367.25       $0.20
100% LEAN
      Inside round - Combo                     9  106,005   $338.56     ($0.96)
      Inside round - Boxed                    48  108,748   $358.17       $0.59
      Outside round
      Eye of round                            16   46,589   $336.95       $0.47
      Flats and eyes - Combo                  27  335,232   $341.10     ($0.48)
      Flats and eyes - Boxed                            
      Striploin                               60  217,223   $422.68       $0.14
      S.P.B. - Combo                          14  160,781   $342.65     ($0.70)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     39  140,222   $303.50       $0.54
167A  Round, knuckle, peeled                  25  165,854   $299.15       $0.41
190   Loin, tenderloin, 2-3 lbs.              11   15,362   $557.72       $3.56
190   Loin, tenderloin, 3-4 lbs.              30   22,463   $637.60       $1.97
190   Loin, tenderloin, 4-5 lbs.             126  183,191   $744.33      $17.93
190   Loin, tenderloin, 5-up lbs.             24   22,469   $712.09       $3.15
193   Flank, flank steak                     106  113,589   $457.56     ($0.40)
      Flank, rough                            41   70,148   $344.01       $2.66
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6   20,075   $345.24     ($0.43)
112   Rib, ribeye roll, 8-10 lbs.              5    7,167   $341.88
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   $303.94       $0.38
--------------------------------------------------------------------------------
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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