Cutter Cow Cutout & Boxed Cow Beef Cuts - Afternoon

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LM_XB405
Des Moines, IA                 Mon, Mar 03, 2014                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:               $192.32
Change from prior day:                $0.40
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $248.71        $138.88       ($0.02)
100% lean inside round                      $290.34          $6.74         $0.02
100% lean, flats and eyes                   $278.86          $6.47         $0.02
100% lean, S.P.B.                           $275.36         $13.77         $0.08
Chuck Tender                                $288.71          $2.89         
Knuckle                   4-7 lbs.          $279.33          $7.07         $0.05
Tenderloin                2-3 lbs.          $416.05          $2.21         $0.05
Tenderloin                3-4 lbs.          $450.88          $3.34         $0.02
Ribeye Roll               4-6 lbs.          $271.25          $2.85         
Ribeye Roll               6-8 lbs.          $272.78          $2.02       ($0.02)
Ribeye Roll               8up lbs.          $279.44          $2.04       ($0.01)
Flank Steak                                 $268.32          $1.13         $0.02
Kidney, Edible                               $30.14          $0.14         
Fat, inedible                                $22.61          $0.52         
Bone                                          $9.37          $2.25         $0.19
--------------------------------------------------------------------------------
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                 32.38  loads --            1,295,309  pounds
Cutter/Canner Cuts                  6.93  loads --              277,077  pounds
Boner/Breaker/Cutter/Canner        24.86  loads --              994,445  pounds
100% Lean Items                    27.87  loads --            1,114,747  pounds
Frozen Cuts                         6.10  loads --              243,931  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6    9,132   $307.62     ($4.16)
112   Rib, ribeye roll, 8-10 lbs.             56  149,747   $313.65       $0.05
112   Rib, ribeye roll, 10-up lbs.            56   61,901   $310.30     ($2.59)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      29   48,678   $339.35      $11.30
112A  Rib, ribeye roll-lip-on, 8-up lbs.      23   47,589   $296.29    ($26.37)
      Chuck, boneless 85%                      7  163,500   $213.59     ($0.87)
120   Chuck, brisket                          33   29,506   $232.10       $4.67
168   Round, top inside, 10-dn lbs.           11    8,772   $269.08       $5.89
168   Round, top inside, 10-up lbs.           28   73,308   $259.05       $6.34
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     39  285,804   $284.58       $1.18
169A  Round, top inside c-off, 14-up lbs.     10   64,183   $286.98       $0.05
171B  Round, outside round                    13   87,610   $274.88       
171C  Round, eye of round                     30   67,462   $290.64       $1.02
      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   21,293   $263.74       $0.94
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  32   73,571   $260.25      $11.27
185A  Loin, bottom sirloin butt flap, bnls.   41   96,533   $284.87       $0.96
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               6   19,297   $270.66       
112   Rib, ribeye roll, 6-8 lbs.              59  169,595   $276.50       $0.52
112   Rib, ribeye roll, 8-up lbs.             32   88,185   $281.08     ($1.19)
100% LEAN
      Inside round - Combo                    18  169,063   $284.92       $0.88
      Inside round - Boxed                    56   91,779   $300.32       $3.73
      Outside round                           11   41,204   $277.45       $2.06
      Eye of round                             7    9,570   $289.11     ($1.13)
      Flats and eyes - Combo                  26  303,529   $278.73       $0.84
      Flats and eyes - Boxed                            
      Striploin                               61  173,990   $341.29       $1.30
      S.P.B. - Combo                          28  325,612   $275.36       $1.60
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     47  164,856   $288.71       $0.01
167A  Round, knuckle, peeled                  59  364,003   $279.33       $1.88
190   Loin, tenderloin, 2-3 lbs.              14   11,756   $416.05       $7.36
190   Loin, tenderloin, 3-4 lbs.              36   47,081   $449.65       $1.57
190   Loin, tenderloin, 4-5 lbs.             147  175,471   $475.20       $2.00
190   Loin, tenderloin, 5-up lbs.             37   21,821   $507.25       $4.95
193   Flank, flank steak                      90  111,042   $275.62       $0.74
      Flank, rough                            51   98,415   $246.56     ($0.22)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   43,435   $292.60       $0.65
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.              17   61,030   $262.44    ($12.98)
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.               8   50,683   $460.51       $1.26
190   Loin, tenderloin, 5-up lbs.              4   13,600   $461.97       $2.07
193   Flank, flank steak                      15   44,187   $249.98       $8.82
--------------------------------------------------------------------------------
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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