Cutter Cow Cutout & Boxed Cow Beef Cuts - Morning

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LM_XB404
Des Moines, IA                 Wed, Apr 24, 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 - Morning

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:               $162.58
Change from prior day:              ($2.93)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $205.29        $114.63       ($2.74)
100% lean inside round                      $261.83          $6.07       ($0.02)
100% lean, flats and eyes                   $256.13          $5.94         
100% lean, S.P.B.                           $246.67         $12.33       ($0.10)
Chuck Tender                                $222.28          $2.22       ($0.01)
Knuckle                   4-7 lbs.          $230.68          $5.84       ($0.02)
Tenderloin                2-3 lbs.          $422.10          $2.24       ($0.02)
Tenderloin                3-4 lbs.          $444.71          $3.29       ($0.04)
Ribeye Roll               4-6 lbs.          $243.00          $2.55         
Ribeye Roll               6-8 lbs.          $258.93          $1.92       ($0.01)
Ribeye Roll               8up lbs.          $251.41          $1.84         $0.01
Flank Steak                                 $228.93          $0.96         $0.02
Kidney, Edible                               $24.25          $0.11         
Fat, inedible                                $27.97          $0.65         
Bone                                          $8.30          $1.99         
--------------------------------------------------------------------------------
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                 52.64  loads --            2,105,413  pounds
Cutter/Canner Cuts                  4.27  loads --              170,691  pounds
Boner/Breaker/Cutter/Canner        22.37  loads --              894,604  pounds
100% Lean Items                    48.84  loads --            1,953,757  pounds
Frozen Cuts                        10.38  loads --              415,148  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   14,297   $283.35     ($2.62)
112   Rib, ribeye roll, 8-10 lbs.            106  302,078   $277.23     ($1.34)
112   Rib, ribeye roll, 10-up lbs.            42   60,642   $277.01     ($0.21)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      22   26,320   $303.07       $9.87
112A  Rib, ribeye roll-lip-on, 8-up lbs.      20   53,599   $277.94     ($0.77)
      Chuck, boneless 85%                               
120   Chuck, brisket                          30   30,997   $209.12       $4.96
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           44  121,122   $227.69     ($5.26)
169A  Round, top inside c-off, 8-10 lbs.       4   15,486   $260.09       $1.70
169A  Round, top inside c-off, 10-14 lbs.     58  514,569   $255.25     ($0.07)
169A  Round, top inside c-off, 14-up lbs.      5   43,968   $256.70       $0.06
171B  Round, outside round                    43  348,766   $229.57       $3.62
171C  Round, eye of round                     45  140,576   $246.61       $0.02
      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.            70  249,374   $215.14       $1.22
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  32   48,859   $227.63       $1.15
185A  Loin, bottom sirloin butt flap, bnls.   53  130,465   $254.76     ($3.97)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              29   88,956   $257.39     ($2.76)
112   Rib, ribeye roll, 8-up lbs.             24   81,619   $251.01       $0.77
100% LEAN
      Inside round - Combo                    40  530,598   $260.90     ($0.52)
      Inside round - Boxed                    26   31,669   $277.47     ($0.14)
      Outside round                            9   53,743   $262.06     ($0.37)
      Eye of round                            11   36,015   $270.86       $0.50
      Flats and eyes - Combo                  34  427,404   $254.14     ($0.04)
      Flats and eyes - Boxed                            
      Striploin                               44  119,151   $306.31     ($0.78)
      S.P.B. - Combo                          54  755,177   $246.67     ($1.96)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     41  112,744   $222.28     ($0.87)
167A  Round, knuckle, peeled                  38  232,722   $230.68     ($0.75)
190   Loin, tenderloin, 2-3 lbs.              10    7,707   $422.10     ($4.70)
190   Loin, tenderloin, 3-4 lbs.              27   48,873   $443.48     ($6.25)
190   Loin, tenderloin, 4-5 lbs.             183  255,407   $487.47       $1.27
190   Loin, tenderloin, 5-up lbs.             36   50,970   $476.94       $7.16
193   Flank, flank steak                      91  109,894   $258.92       $1.56
      Flank, rough                            51   76,287   $245.62       $1.91
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              16   67,428   $279.44       $2.83
112   Rib, ribeye roll, 8-10 lbs.              6   67,940   $258.16     ($3.74)
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.             5    6,240   $311.25     ($0.35)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.               7   61,993   $261.13     ($0.82)
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                      41  183,847   $211.00       $3.46
--------------------------------------------------------------------------------
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
1130C

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