Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

1. Cattle.com
2. Market Reports
3. Iowa
4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 6/23/2015

Past Market Reports

Report Date: 6/23/2015

LM_XB405
Des Moines, IA                 Tue, Jun 23, 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:               $227.47
Change from prior day:              ($0.79)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $291.50        $162.77       ($0.95)
100% lean inside round                      $352.97          $8.19         
100% lean, flats and eyes                   $339.38          $7.87         $0.02
100% lean, S.P.B.                           $340.34         $17.02         $0.02
Chuck Tender                                $307.51          $3.08         $0.01
Knuckle                   4-7 lbs.          $306.17          $7.75         $0.12
Tenderloin                2-3 lbs.          $565.91          $3.00         $0.02
Tenderloin                3-4 lbs.          $643.96          $4.77       ($0.02)
Ribeye Roll               4-6 lbs.          $357.76          $3.76         
Ribeye Roll               6-8 lbs.          $366.73          $2.71         
Ribeye Roll               8up lbs.          $375.10          $2.74       ($0.01)
Flank Steak                                 $448.30          $1.88         
Kidney, Edible                               $18.83          $0.09         
Fat, inedible                                $17.92          $0.42         
Bone                                          $5.90          $1.42         
--------------------------------------------------------------------------------
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                 34.74  loads --            1,389,765  pounds
Cutter/Canner Cuts                  5.14  loads --              205,589  pounds
Boner/Breaker/Cutter/Canner        21.08  loads --              843,268  pounds
100% Lean Items                    33.47  loads --            1,338,739  pounds
Frozen Cuts                         1.10  loads --               43,953  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   19,083   $378.27       $0.04
112   Rib, ribeye roll, 8-10 lbs.             54  138,618   $381.48       $1.38
112   Rib, ribeye roll, 10-up lbs.            79   86,699   $401.98       $0.89
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      20   19,925   $531.83     ($8.90)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      34   96,865   $468.86     ($5.51)
      Chuck, boneless 85%                      8   84,118   $276.95     ($0.01)
120   Chuck, brisket                          22   44,091   $255.86       $4.67
168   Round, top inside, 10-dn lbs.           15   42,256   $299.20       $6.15
168   Round, top inside, 10-up lbs.           23   79,201   $297.12       $2.42
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     27  250,071   $326.76       $1.26
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                    10   51,474   $312.11     ($1.58)
171C  Round, eye of round                     37   60,272   $327.76       $2.45
      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.            21   85,564   $323.20    ($65.14)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  54  163,048   $317.57     ($0.37)
185A  Loin, bottom sirloin butt flap, bnls.   57  156,435   $422.38       $7.26
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              49   94,413   $366.73       $0.02
112   Rib, ribeye roll, 8-up lbs.             48  110,754   $375.07     ($1.52)
100% LEAN
      Inside round - Combo                    18  170,797   $348.62       $0.47
      Inside round - Boxed                    53  137,895   $358.35     ($0.50)
      Outside round                            7   51,658   $339.94     ($1.49)
      Eye of round                            22   46,396   $342.64       $2.99
      Flats and eyes - Combo                  32  446,385   $338.97       $1.19
      Flats and eyes - Boxed                            
      Striploin                               63  228,233   $424.59       $2.16
      S.P.B. - Combo                          17  257,375   $340.34       $0.26
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     39  137,253   $307.51       $0.57
167A  Round, knuckle, peeled                  42  200,592   $306.17       $4.70
190   Loin, tenderloin, 2-3 lbs.              17   17,367   $565.91       $3.78
190   Loin, tenderloin, 3-4 lbs.              37   56,298   $643.96     ($2.95)
190   Loin, tenderloin, 4-5 lbs.             152  197,070   $695.04     ($0.47)
190   Loin, tenderloin, 5-up lbs.             36   35,586   $684.32       $2.45
193   Flank, flank steak                     119  118,991   $466.75       $4.27
      Flank, rough                            47   80,111   $340.18       $0.75
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   10,585   $344.03
112   Rib, ribeye roll, 8-10 lbs.              7   12,159   $342.02     ($8.63)
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                      12   19,743   $337.09    ($19.70)
--------------------------------------------------------------------------------
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
1530C

.