Cutter Cow Cutout & Boxed Cow Beef Cuts - Afternoon

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LM_XB405
Des Moines, IA                 Thu, Mar 20, 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:               $203.72
Change from prior day:                $2.04
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $265.37        $148.18         $1.86
100% lean inside round                      $306.17          $7.10         
100% lean, flats and eyes                   $292.16          $6.78         $0.01
100% lean, S.P.B.                           $288.92         $14.45         $0.06
Chuck Tender                                $288.62          $2.89         
Knuckle                   4-7 lbs.          $290.51          $7.35       ($0.03)
Tenderloin                2-3 lbs.          $437.86          $2.32         $0.03
Tenderloin                3-4 lbs.          $461.47          $3.41         $0.04
Ribeye Roll               4-6 lbs.          $246.00          $2.58         
Ribeye Roll               6-8 lbs.          $296.30          $2.19         
Ribeye Roll               8up lbs.          $291.27          $2.13         $0.04
Flank Steak                                 $301.04          $1.26         $0.03
Kidney, Edible                               $30.94          $0.14         
Fat, inedible                                $22.61          $0.52         
Bone                                         $10.07          $2.42         
--------------------------------------------------------------------------------
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                 27.58  loads --            1,103,163  pounds
Cutter/Canner Cuts                  5.12  loads --              204,958  pounds
Boner/Breaker/Cutter/Canner        24.42  loads --              976,735  pounds
100% Lean Items                    39.70  loads --            1,587,988  pounds
Frozen Cuts                         5.36  loads --              214,481  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8    7,578   $327.91     ($0.70)
112   Rib, ribeye roll, 8-10 lbs.             50   74,907   $332.41      $10.93
112   Rib, ribeye roll, 10-up lbs.            55   60,219   $328.07       $1.31
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      24   24,079   $429.73       $0.77
112A  Rib, ribeye roll-lip-on, 8-up lbs.      22   50,166   $345.07     ($8.51)
      Chuck, boneless 85%
120   Chuck, brisket                          37   22,032   $253.52     ($0.52)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           22   98,015   $285.81       $3.17
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     25  156,183   $308.20     ($2.10)
169A  Round, top inside c-off, 14-up lbs.     16  118,963   $326.16       $0.31
171B  Round, outside round                    17  136,403   $286.39       $2.12
171C  Round, eye of round                     42   80,463   $299.78     ($0.66)
      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.            16   25,344   $267.85       $0.30
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  41  139,977   $262.66     ($5.10)
185A  Loin, bottom sirloin butt flap, bnls.   36   95,989   $306.38       $2.17
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              53  126,519   $301.89       $2.57
112   Rib, ribeye roll, 8-up lbs.             34   77,263   $306.00       $4.64
100% LEAN
      Inside round - Combo                    28  224,583   $297.91       $0.66
      Inside round - Boxed                    61  161,547   $317.66     ($0.60)
      Outside round
      Eye of round                            13   18,162   $286.05     ($2.51)
      Flats and eyes - Combo                  47  413,592   $292.19       $0.46
      Flats and eyes - Boxed                            
      Striploin                               62  165,103   $355.30       $1.57
      S.P.B. - Combo                          46  583,404   $288.92       $1.10
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     49  181,475   $288.62     ($0.09)
167A  Round, knuckle, peeled                  46  237,642   $290.51     ($1.06)
190   Loin, tenderloin, 2-3 lbs.               7    3,354   $437.86       $5.33
190   Loin, tenderloin, 3-4 lbs.              46   69,084   $462.52       $6.36
190   Loin, tenderloin, 4-5 lbs.             123  212,939   $499.14       $0.73
190   Loin, tenderloin, 5-up lbs.             45   62,942   $494.91       $3.04
193   Flank, flank steak                      92  108,655   $311.90       $0.60
      Flank, rough                            49  100,644   $263.11     ($2.54)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    5,110   $328.00       
112   Rib, ribeye roll, 8-10 lbs.              4   29,643   $297.51       
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.             3    4,160   $343.00       
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              11   36,890   $277.10       $1.12
112   Rib, ribeye roll, 8-up lbs.              5   79,620   $276.97       $1.34
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.                        
190   Loin, tenderloin, 3-4 lbs.
190   Loin, tenderloin, 4-5 lbs.               3    6,150   $488.22       
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                      16   37,068   $269.20      $34.80
--------------------------------------------------------------------------------
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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