Cutter Cow Cutout & Boxed Cow Beef Cuts - Afternoon

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LM_XB405
Des Moines, IA                 Thu, Nov 15, 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:               $159.93
Change from prior day:                $0.15
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $204.73        $114.32         $0.19
100% lean inside round                      $250.97          $5.82       ($0.01)
100% lean, flats and eyes                   $238.95          $5.54         
100% lean, S.P.B.                           $228.94         $11.45       ($0.01)
Chuck Tender                                $212.96          $2.13         
Knuckle                   4-7 lbs.          $224.56          $5.68         
Tenderloin                2-3 lbs.          $407.95          $2.16       ($0.03)
Tenderloin                3-4 lbs.          $430.41          $3.19         $0.03
Ribeye Roll               4-6 lbs.          $235.97          $2.48         
Ribeye Roll               6-8 lbs.          $253.68          $1.88       ($0.02)
Ribeye Roll               8up lbs.          $250.16          $1.83         
Flank Steak                                 $232.59          $0.98         
Kidney, Edible                               $30.76          $0.14         
Fat, inedible                                $21.78          $0.51         
Bone                                          $7.58          $1.82         
--------------------------------------------------------------------------------
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                 53.66  loads --            2,146,383  pounds
Cutter/Canner Cuts                  5.99  loads --              239,627  pounds
Boner/Breaker/Cutter/Canner        31.09  loads --            1,243,671  pounds
100% Lean Items                    55.80  loads --            2,232,083  pounds
Frozen Cuts                         7.23  loads --              289,238  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              14   35,925   $291.38       $8.36
112   Rib, ribeye roll, 8-10 lbs.             98  171,711   $318.98       $5.48
112   Rib, ribeye roll, 10-up lbs.            39   69,818   $288.52       $0.40
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      42  101,343   $333.89     ($1.26)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      27   51,382   $308.44       $1.63
      Chuck, boneless 85%                      3   20,000   $201.20
120   Chuck, brisket                          37   34,694   $202.72     ($3.13)
168   Round, top inside, 10-dn lbs.            9   11,340   $216.15     ($8.14)
168   Round, top inside, 10-up lbs.           71  115,270   $214.38     ($0.35)
169A  Round, top inside c-off, 8-10 lbs.       7   52,486   $256.02     ($0.50)
169A  Round, top inside c-off, 10-14 lbs.     62  514,535   $256.23     ($0.47)
169A  Round, top inside c-off, 14-up lbs.     24  178,772   $257.21     ($0.14)
171B  Round, outside round                    33  305,179   $233.55       $0.96
171C  Round, eye of round                     62  180,729   $238.99     ($2.63)
      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.            14   20,687   $231.48       $4.94
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  51  116,306   $202.65     ($0.31)
185A  Loin, bottom sirloin butt flap, bnls.   53  159,513   $221.09     ($5.64)
191A  Loin, butt tender, peeled                6    5,493   $491.46     ($0.07)
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              27   69,287   $254.25     ($2.39)
112   Rib, ribeye roll, 8-up lbs.             28  166,122   $249.79     ($0.04)
100% LEAN
      Inside round - Combo                    39  627,206   $249.37     ($0.36)
      Inside round - Boxed                    43   63,412   $266.76     ($0.06)
      Outside round                           15   82,189   $239.30       $0.17
      Eye of round                            19   40,937   $257.45     ($0.25)
      Flats and eyes - Combo                  36  394,878   $236.95       $0.18
      Flats and eyes - Boxed                            
      Striploin                               63  254,800   $286.53       $1.81
      S.P.B. - Combo                          52  768,661   $228.94     ($0.19)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     45   99,089   $212.96       $0.11
167A  Round, knuckle, peeled                 114  437,263   $224.56     ($0.12)
190   Loin, tenderloin, 2-3 lbs.              13   13,087   $407.41     ($6.07)
190   Loin, tenderloin, 3-4 lbs.              33   98,346   $428.82       $2.41
190   Loin, tenderloin, 4-5 lbs.             152  273,426   $489.83     ($6.85)
190   Loin, tenderloin, 5-up lbs.             36   55,466   $485.97     ($1.11)
193   Flank, flank steak                      94  136,734   $230.85     ($2.89)
      Flank, rough                            67  130,260   $222.22       $0.03
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.             4    3,120   $280.00       
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.               4    4,610   $245.12
112   Rib, ribeye roll, 8-up lbs.              6   35,237   $251.90       $0.01
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                      24   92,625   $235.15       $0.32
--------------------------------------------------------------------------------
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
1530C

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