Cutter Cow Cutout & Boxed Cow Beef Cuts - Afternoon

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LM_XB405
Des Moines, IA                 Thu, May 23, 2013                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:               $160.06
Change from prior day:                $0.76
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $200.28        $111.84         $0.76
100% lean inside round                      $265.30          $6.15         $0.01
100% lean, flats and eyes                   $256.23          $5.94         
100% lean, S.P.B.                           $249.88         $12.49         
Chuck Tender                                $218.25          $2.18         $0.01
Knuckle                   4-7 lbs.          $226.89          $5.74         
Tenderloin                2-3 lbs.          $416.86          $2.21       ($0.02)
Tenderloin                3-4 lbs.          $445.56          $3.30         
Ribeye Roll               4-6 lbs.          $272.00          $2.86         
Ribeye Roll               6-8 lbs.          $253.12          $1.87       ($0.01)
Ribeye Roll               8up lbs.          $250.49          $1.83         
Flank Steak                                 $255.69          $1.07         $0.01
Kidney, Edible                               $29.11          $0.13         
Fat, inedible                                $26.63          $0.62         
Bone                                          $7.63          $1.83         
--------------------------------------------------------------------------------
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                 42.93  loads --            1,717,096  pounds
Cutter/Canner Cuts                  6.34  loads --              253,518  pounds
Boner/Breaker/Cutter/Canner        29.21  loads --            1,168,388  pounds
100% Lean Items                    44.72  loads --            1,788,617  pounds
Frozen Cuts                         2.74  loads --              109,795  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11   52,094   $266.40       $2.95
112   Rib, ribeye roll, 8-10 lbs.             85  349,985   $273.25     ($1.07)
112   Rib, ribeye roll, 10-up lbs.            51   60,575   $281.97       $1.47
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      38   49,553   $382.30       $0.10
112A  Rib, ribeye roll-lip-on, 8-up lbs.      15   17,238   $356.39      $31.09
      Chuck, boneless 85%
120   Chuck, brisket                          30   41,731   $203.83       $1.95
168   Round, top inside, 10-dn lbs.            7   21,389   $211.99     ($1.90)
168   Round, top inside, 10-up lbs.           37  100,455   $211.44     ($5.55)
169A  Round, top inside c-off, 8-10 lbs.       3    5,904   $260.41
169A  Round, top inside c-off, 10-14 lbs.     36  250,256   $258.04       $0.86
169A  Round, top inside c-off, 14-up lbs.     11   81,481   $256.71     ($0.81)
171B  Round, outside round                    15  102,933   $219.98     ($1.24)
171C  Round, eye of round                     36   59,692   $247.12       $2.69
      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.            45  225,614   $235.47     ($4.32)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  39   75,128   $212.47       $2.50
185A  Loin, bottom sirloin butt flap, bnls.   75  213,228   $268.73       $1.58
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              56  181,067   $253.00     ($0.31)
112   Rib, ribeye roll, 8-up lbs.             16   72,451   $250.49     ($0.77)
100% LEAN
      Inside round - Combo                    25  359,131   $262.41       $0.33
      Inside round - Boxed                    41   56,655   $283.57       $2.06
      Outside round                            6   40,312   $264.18       $4.02
      Eye of round                            17   21,060   $262.64     ($0.17)
      Flats and eyes - Combo                  31  406,368   $255.11       $0.05
      Flats and eyes - Boxed                            
      Striploin                               53  189,251   $307.79     ($1.39)
      S.P.B. - Combo                          40  715,840   $249.88     ($0.01)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     49  121,158   $218.25       $1.12
167A  Round, knuckle, peeled                  41  358,245   $226.89       $0.11
190   Loin, tenderloin, 2-3 lbs.              17   17,488   $416.86     ($3.33)
190   Loin, tenderloin, 3-4 lbs.              49  102,062   $444.78     ($0.86)
190   Loin, tenderloin, 4-5 lbs.             144  270,436   $530.05       $6.01
190   Loin, tenderloin, 5-up lbs.             44   60,496   $508.03       $0.63
193   Flank, flank steak                     100  131,680   $269.60     ($0.09)
      Flank, rough                            49  106,823   $236.64       $0.38
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              3   27,322   $258.90       $3.44
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.               3    3,025   $260.00       
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                      14   40,773   $210.74       $4.65
--------------------------------------------------------------------------------
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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