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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 7/22/2015

LM_XB405
Des Moines, IA                 Wed, Jul 22, 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:               $223.78
Change from prior day:              ($2.83)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $286.67        $160.08       ($3.11)
100% lean inside round                      $359.87          $8.35         $0.19
100% lean, flats and eyes                   $334.20          $7.75         $0.04
100% lean, S.P.B.                           $329.89         $16.49         $0.04
Chuck Tender                                $296.60          $2.97         
Knuckle                   4-7 lbs.          $314.54          $7.96       ($0.01)
Tenderloin                2-3 lbs.          $540.37          $2.86       ($0.03)
Tenderloin                3-4 lbs.          $616.09          $4.56         $0.07
Ribeye Roll               4-6 lbs.          $351.76          $3.69         
Ribeye Roll               6-8 lbs.          $360.09          $2.66       ($0.01)
Ribeye Roll               8up lbs.          $363.26          $2.65         
Flank Steak                                 $405.41          $1.70       ($0.01)
Kidney, Edible                               $21.75          $0.10         
Fat, inedible                                $18.26          $0.42         
Bone                                          $6.41          $1.54         
--------------------------------------------------------------------------------
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                 32.95  loads --            1,318,103  pounds
Cutter/Canner Cuts                  4.68  loads --              187,071  pounds
Boner/Breaker/Cutter/Canner        21.41  loads --              856,505  pounds
100% Lean Items                    28.46  loads --            1,138,337  pounds
Frozen Cuts                         1.89  loads --               75,661  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   22,887   $378.40     ($5.98)
112   Rib, ribeye roll, 8-10 lbs.             29   52,215   $394.62       $5.97
112   Rib, ribeye roll, 10-up lbs.            79  142,847   $399.50       $2.02
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23   26,848   $509.38     ($2.38)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      30   69,347   $473.55     ($2.23)
      Chuck, boneless 85%                      7   71,439   $273.30     ($0.91)
120   Chuck, brisket                          27   74,854   $241.04       $4.01
168   Round, top inside, 10-dn lbs.            6    6,796   $287.60     ($1.40)
168   Round, top inside, 10-up lbs.           26   96,480   $303.43       $6.48
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     47  279,858   $340.33     ($1.81)
169A  Round, top inside c-off, 14-up lbs.      4   13,162   $345.69       $0.13
171B  Round, outside round                    10   55,802   $324.33       $2.67
171C  Round, eye of round                     51  103,426   $326.16       $2.32
      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   54,446   $368.96    ($18.14)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  34   75,158   $322.77     ($2.38)
185A  Loin, bottom sirloin butt flap, bnls.   56  161,106   $393.84     ($5.10)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              42   79,860   $360.09     ($0.07)
112   Rib, ribeye roll, 8-up lbs.             34  105,392   $363.26     ($0.10)
100% LEAN
      Inside round - Combo                    10  115,816   $353.72       $9.33
      Inside round - Boxed                    33   71,334   $369.86     ($3.23)
      Outside round                            4   23,360   $334.26     ($0.28)
      Eye of round                            13   26,297   $339.85     ($3.23)
      Flats and eyes - Combo                  28  437,299   $333.86       $2.31
      Flats and eyes - Boxed                            
      Striploin                               70  228,270   $417.38     ($0.01)
      S.P.B. - Combo                          17  235,961   $329.89       $0.97
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     34  119,782   $296.60     ($0.67)
167A  Round, knuckle, peeled                  35  222,879   $314.54     ($0.57)
190   Loin, tenderloin, 2-3 lbs.              23   35,315   $540.37     ($5.21)
190   Loin, tenderloin, 3-4 lbs.              30   44,580   $616.09       $9.38
190   Loin, tenderloin, 4-5 lbs.             115  132,425   $682.78       $0.63
190   Loin, tenderloin, 5-up lbs.             40   97,414   $619.31     ($0.14)
193   Flank, flank steak                     104  101,289   $445.50     ($7.16)
      Flank, rough                            46  102,821   $329.51       $0.55
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4   26,835   $356.58       
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                      11   35,248   $290.19       
--------------------------------------------------------------------------------
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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