Cutter Cow Cutout & Boxed Cow Beef Cuts - Afternoon

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LM_XB405
Des Moines, IA                 Wed, May 14, 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:               $193.62
Change from prior day:              ($2.07)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $242.19        $135.24       ($2.15)
100% lean inside round                      $333.34          $7.73         $0.03
100% lean, flats and eyes                   $318.04          $7.38       ($0.01)
100% lean, S.P.B.                           $312.93         $15.65         $0.02
Chuck Tender                                $259.72          $2.60         $0.01
Knuckle                   4-7 lbs.          $258.39          $6.54       ($0.02)
Tenderloin                2-3 lbs.          $415.72          $2.20       ($0.07)
Tenderloin                3-4 lbs.          $502.51          $3.72         
Ribeye Roll               4-6 lbs.          $288.45          $3.03       ($0.03)
Ribeye Roll               6-8 lbs.          $337.46          $2.50         $0.09
Ribeye Roll               8up lbs.          $351.13          $2.56         $0.06
Flank Steak                                 $292.63          $1.23         
Kidney, Edible                               $31.81          $0.15         
Fat, inedible                                $27.97          $0.65         
Bone                                         $10.18          $2.44         
--------------------------------------------------------------------------------
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                 23.31  loads --              932,248  pounds
Cutter/Canner Cuts                  3.07  loads --              122,949  pounds
Boner/Breaker/Cutter/Canner        20.76  loads --              830,225  pounds
100% Lean Items                    30.51  loads --            1,220,442  pounds
Frozen Cuts                         4.96  loads --              198,281  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   12,603   $369.10     ($4.23)
112   Rib, ribeye roll, 8-10 lbs.             57  127,023   $375.33       $5.74
112   Rib, ribeye roll, 10-up lbs.            67   92,469   $381.22       $1.71
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      15    9,416   $430.22      $11.53
112A  Rib, ribeye roll-lip-on, 8-up lbs.      15   20,207   $407.27      $28.94
      Chuck, boneless 85%                     17  189,083   $227.64     ($1.06)
120   Chuck, brisket                          19   18,527   $276.12     ($1.26)
168   Round, top inside, 10-dn lbs.            5    2,852   $253.69       
168   Round, top inside, 10-up lbs.           13   58,705   $257.28     ($0.49)
169A  Round, top inside c-off, 8-10 lbs.       4   10,160   $327.54       $2.22
169A  Round, top inside c-off, 10-14 lbs.     18  122,962   $326.16     ($0.33)
169A  Round, top inside c-off, 14-up lbs.      6   21,675   $332.41       $0.42
171B  Round, outside round                    10   55,289   $302.82       $0.40
171C  Round, eye of round                     28   40,650   $303.96       $3.81
      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.            15   20,580   $282.79       $0.04
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  28   58,748   $251.04     ($2.91)
185A  Loin, bottom sirloin butt flap, bnls.   33   71,239   $314.07       $5.33
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              54   68,321   $339.98      $11.57
112   Rib, ribeye roll, 8-up lbs.             27   53,668   $351.13       $8.34
100% LEAN
      Inside round - Combo                    13  100,865   $322.60     ($1.21)
      Inside round - Boxed                    51  105,684   $343.59       $3.08
      Outside round                            3   26,973   $320.93       $1.30
      Eye of round                             9   11,862   $326.22       $1.29
      Flats and eyes - Combo                  35  363,770   $317.56     ($0.80)
      Flats and eyes - Boxed                            
      Striploin                               54  158,944   $360.82       $3.86
      S.P.B. - Combo                          28  452,344   $312.93       $0.25
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     28   66,791   $259.72       $0.26
167A  Round, knuckle, peeled                  42  203,232   $258.39     ($0.75)
190   Loin, tenderloin, 2-3 lbs.              17   24,196   $415.72    ($13.01)
190   Loin, tenderloin, 3-4 lbs.              62  134,520   $502.51       $0.43
190   Loin, tenderloin, 4-5 lbs.             163  217,164   $543.62     ($5.59)
190   Loin, tenderloin, 5-up lbs.             44   52,947   $504.83    ($17.39)
193   Flank, flank steak                      76   62,134   $335.70     ($2.26)
      Flank, rough                            36   69,241   $286.26       $9.21
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6   31,530   $347.89    ($21.89)
112   Rib, ribeye roll, 8-10 lbs.              7   71,335   $318.88    ($20.95)
112   Rib, ribeye roll, 10-up lbs.                      
112A  Rib, ribeye roll-lip-on, 8-dn lbs.       5   17,004   $392.61
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.               4   11,525   $322.50
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                      17   49,267   $238.31       $2.62
--------------------------------------------------------------------------------
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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