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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 7/15/2015

LM_XB405
Des Moines, IA                 Wed, Jul 15, 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:               $226.02
Change from prior day:              ($3.55)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $290.26        $162.08       ($3.38)
100% lean inside round                      $357.35          $8.29         $0.04
100% lean, flats and eyes                   $335.63          $7.79         
100% lean, S.P.B.                           $335.75         $16.79       ($0.07)
Chuck Tender                                $301.34          $3.01       ($0.01)
Knuckle                   4-7 lbs.          $315.50          $7.98         $0.01
Tenderloin                2-3 lbs.          $530.02          $2.81       ($0.04)
Tenderloin                3-4 lbs.          $603.90          $4.47       ($0.12)
Ribeye Roll               4-6 lbs.          $351.76          $3.69         
Ribeye Roll               6-8 lbs.          $360.49          $2.67         $0.03
Ribeye Roll               8up lbs.          $363.56          $2.65       ($0.02)
Flank Steak                                 $438.57          $1.84         $0.01
Kidney, Edible                               $18.57          $0.09         
Fat, inedible                                $17.92          $0.42         
Bone                                          $6.01          $1.44         
--------------------------------------------------------------------------------
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                 32.58  loads --            1,303,335  pounds
Cutter/Canner Cuts                  4.43  loads --              177,399  pounds
Boner/Breaker/Cutter/Canner        22.97  loads --              918,870  pounds
100% Lean Items                    28.54  loads --            1,141,658  pounds
Frozen Cuts                         0.76  loads --               30,468  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10   17,532   $385.12     ($9.07)
112   Rib, ribeye roll, 8-10 lbs.             21   59,930   $378.44     ($3.79)
112   Rib, ribeye roll, 10-up lbs.            73   95,285   $398.45     ($0.99)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      39   40,952   $520.32     ($1.08)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      26   94,844   $507.69       $0.15
      Chuck, boneless 85%                      9   92,485   $273.99       
120   Chuck, brisket                          28  149,413   $239.54     ($5.32)
168   Round, top inside, 10-dn lbs.            7    7,790   $290.54     ($0.03)
168   Round, top inside, 10-up lbs.           21   85,125   $295.12     ($1.21)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     31  136,948   $343.87     ($0.12)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     5   37,838   $319.33       
171C  Round, eye of round                     35   62,776   $326.25       $8.94
      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.            32  151,130   $309.76      $24.04
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  28   61,720   $328.06     ($0.58)
185A  Loin, bottom sirloin butt flap, bnls.   48  193,103   $389.84     ($7.31)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              37   83,271   $361.67       $3.74
112   Rib, ribeye roll, 8-up lbs.             33   93,465   $363.56     ($2.36)
100% LEAN
      Inside round - Combo                    14  121,731   $347.02       $1.93
      Inside round - Boxed                    40   90,595   $371.22       $0.96
      Outside round                            4   20,017   $334.12       $0.13
      Eye of round                            16   32,971   $365.69       $0.92
      Flats and eyes - Combo                  26  370,308   $333.04     ($0.51)
      Flats and eyes - Boxed                            
      Striploin                               72  298,375   $421.06     ($3.30)
      S.P.B. - Combo                          16  207,661   $335.75     ($1.41)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     42  156,840   $301.34     ($0.83)
167A  Round, knuckle, peeled                  43  235,345   $315.50       $0.33
190   Loin, tenderloin, 2-3 lbs.              18   27,309   $530.02     ($7.38)
190   Loin, tenderloin, 3-4 lbs.              36   41,646   $603.90    ($16.64)
190   Loin, tenderloin, 4-5 lbs.             102  157,901   $673.55     ($0.10)
190   Loin, tenderloin, 5-up lbs.             43   91,718   $623.36     ($0.90)
193   Flank, flank steak                      92  106,496   $472.42       $4.81
      Flank, rough                            47  101,615   $331.96     ($3.25)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
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                       9   21,070   $267.50     ($9.35)
--------------------------------------------------------------------------------
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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