Cutter Cow Cutout & Boxed Cow Beef Cuts - Afternoon

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LM_XB405
Des Moines, IA                 Thu, May 03, 2012                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:               $177.67
Change from prior day:                $0.40
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $227.28        $126.91         $0.39
100% lean inside round                      $283.62          $6.58         
100% lean, flats and eyes                   $273.00          $6.33         $0.05
100% lean, S.P.B.                           $256.64         $12.83         $0.02
Chuck Tender                                $235.74          $2.36         
Knuckle                   4-7 lbs.          $243.04          $6.15         $0.01
Tenderloin                2-3 lbs.          $449.87          $2.38       ($0.01)
Tenderloin                3-4 lbs.          $484.32          $3.58         $0.01
Ribeye Roll               4-6 lbs.          $250.63          $2.63         
Ribeye Roll               6-8 lbs.          $254.21          $1.88       ($0.04)
Ribeye Roll               8up lbs.          $243.55          $1.78       ($0.02)
Flank Steak                                 $281.25          $1.18       ($0.01)
Kidney, Edible                               $40.33          $0.19         
Fat, inedible                                $32.33          $0.75         
Bone                                          $8.90          $2.14         
--------------------------------------------------------------------------------
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                 32.11  loads --            1,284,582  pounds
Cutter/Canner Cuts                  5.91  loads --              236,269  pounds
Boner/Breaker/Cutter/Canner        24.80  loads --              991,818  pounds
100% Lean Items                    32.92  loads --            1,316,774  pounds
Frozen Cuts                         4.86  loads --              194,207  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   20,873   $264.25       
112   Rib, ribeye roll, 8-10 lbs.             48  185,927   $271.08     ($1.00)
112   Rib, ribeye roll, 10-up lbs.            49   61,504   $282.21     ($2.60)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      39   75,862   $333.38       $9.10
112A  Rib, ribeye roll-lip-on, 8-up lbs.      12   30,272   $295.37    ($10.09)
      Chuck, boneless 85%                     17  158,918   $220.64       $0.42
120   Chuck, brisket                          24   16,545   $208.60       $7.29
168   Round, top inside, 10-dn lbs.                     
168   Round, top inside, 10-up lbs.           30   83,489   $213.53     ($1.77)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     33  169,434   $259.39     ($0.64)
169A  Round, top inside c-off, 14-up lbs.     16   93,509   $263.34       $0.07
171B  Round, outside round                    13   71,246   $223.24       $0.97
171C  Round, eye of round                     33   43,989   $235.60     ($9.23)
      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   20,978   $208.09       $0.12
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  25   54,693   $225.88     ($0.39)
185A  Loin, bottom sirloin butt flap, bnls.   39  195,918   $252.15       $1.02
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              40  118,278   $253.92     ($6.33)
112   Rib, ribeye roll, 8-up lbs.             15  117,991   $243.57     ($5.18)
100% LEAN
      Inside round - Combo                    25  254,747   $281.62     ($0.47)
      Inside round - Boxed                    38   89,566   $289.29       $1.29
      Outside round                           12   36,760   $267.18       
      Eye of round                            21   43,021   $274.93       $3.93
      Flats and eyes - Combo                  22  242,060   $273.54       $2.68
      Flats and eyes - Boxed                            
      Striploin                               49  199,742   $289.45     ($6.54)
      S.P.B. - Combo                          44  450,878   $256.64       $0.41
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     38  115,160   $235.74     ($0.02)
167A  Round, knuckle, peeled                  59  300,443   $243.04       $0.32
190   Loin, tenderloin, 2-3 lbs.              14   17,902   $450.43     ($2.09)
190   Loin, tenderloin, 3-4 lbs.              46   79,166   $485.34       $2.72
190   Loin, tenderloin, 4-5 lbs.             118  197,376   $522.32       $4.96
190   Loin, tenderloin, 5-up lbs.             41   47,796   $529.32       $7.92
193   Flank, flank steak                      88  109,141   $282.30     ($1.56)
      Flank, rough                            65  124,834   $233.72       $0.61
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    3,406   $250.44
112   Rib, ribeye roll, 8-10 lbs.
112   Rib, ribeye roll, 10-up lbs.
112A  Rib, ribeye roll-lip-on, 8-dn lbs.       3    2,294   $252.19       
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.               6   15,405   $256.49     ($2.56)
112   Rib, ribeye roll, 8-up lbs.              4   55,152   $243.52       
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.
190   Loin, tenderloin, 3-4 lbs.               4    4,486   $466.19       
190   Loin, tenderloin, 4-5 lbs.               3   21,610   $465.50       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       3    5,400   $260.06     ($0.85)
--------------------------------------------------------------------------------
Source:    USDA Market News Service, Des Moines, IA
           515-284-4460      email:  desm.lgmn@usda.gov
           24 Hour recorded market information 515-284-4830
           http://www.ams.usda.gov/LSMarketNews
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