Cutter Cow Cutout & Boxed Cow Beef Cuts - Morning

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LM_XB404
Des Moines, IA                 Wed, Sep 11, 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:               $167.27
Change from prior day:                $0.64
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $210.77        $117.69         $0.55
100% lean inside round                      $278.07          $6.45       ($0.03)
100% lean, flats and eyes                   $266.05          $6.17         
100% lean, S.P.B.                           $260.46         $13.02         
Chuck Tender                                $224.82          $2.25         
Knuckle                   4-7 lbs.          $232.72          $5.89         $0.01
Tenderloin                2-3 lbs.          $424.48          $2.25         
Tenderloin                3-4 lbs.          $433.21          $3.21         $0.01
Ribeye Roll               4-6 lbs.          $242.00          $2.54         
Ribeye Roll               6-8 lbs.          $246.05          $1.82       ($0.01)
Ribeye Roll               8up lbs.          $259.04          $1.89         $0.07
Flank Steak                                 $267.59          $1.12         $0.04
Kidney, Edible                               $28.00          $0.13         
Fat, inedible                                $26.97          $0.63         
Bone                                          $9.22          $2.21         
--------------------------------------------------------------------------------
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                 37.30  loads --            1,492,169  pounds
Cutter/Canner Cuts                  5.09  loads --              203,597  pounds
Boner/Breaker/Cutter/Canner        25.41  loads --            1,016,586  pounds
100% Lean Items                    39.39  loads --            1,575,738  pounds
Frozen Cuts                         4.14  loads --              165,485  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   68,710   $264.71       $1.82
112   Rib, ribeye roll, 8-10 lbs.             42   66,996   $304.12       $3.45
112   Rib, ribeye roll, 10-up lbs.            51   71,612   $308.15       $0.68
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23   19,153   $449.53       $2.08
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   49,290   $317.25       $5.56
      Chuck, boneless 85%                      8  161,500   $180.82       
120   Chuck, brisket                          23   18,710   $213.57      $11.25
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           18   73,766   $220.11       $0.13
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     38  403,072   $263.66       $0.03
169A  Round, top inside c-off, 14-up lbs.      8   38,635   $268.49     ($1.18)
171B  Round, outside round                    17  106,665   $229.24     ($0.02)
171C  Round, eye of round                     26   41,264   $254.77       $0.46
      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.            42  115,246   $235.28      $23.69
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  28   59,448   $231.69       $2.02
185A  Loin, bottom sirloin butt flap, bnls.   45  180,601   $245.80       $0.53
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              40  160,924   $243.24     ($1.70)
112   Rib, ribeye roll, 8-up lbs.             18   42,673   $263.94      $13.73
100% LEAN
      Inside round - Combo                    37  411,631   $276.74     ($1.43)
      Inside round - Boxed                    33   36,122   $293.24       $0.95
      Outside round                            9   65,640   $269.48       
      Eye of round                            12   39,104   $274.26     ($0.44)
      Flats and eyes - Combo                  31  305,936   $264.27     ($0.29)
      Flats and eyes - Boxed                            
      Striploin                               63  238,679   $325.89       $1.58
      S.P.B. - Combo                          33  478,626   $260.46       $0.12
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33  134,827   $224.82       $0.02
167A  Round, knuckle, peeled                  45  307,796   $232.72       $0.30
190   Loin, tenderloin, 2-3 lbs.              18   18,230   $424.48       $0.62
190   Loin, tenderloin, 3-4 lbs.              34   69,726   $434.25       $0.48
190   Loin, tenderloin, 4-5 lbs.             143  184,189   $510.49    ($10.65)
190   Loin, tenderloin, 5-up lbs.             44   44,772   $511.84       $0.81
193   Flank, flank steak                     111  147,190   $275.03     ($1.63)
      Flank, rough                            55  109,856   $243.60     ($0.21)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    6,379   $280.22     ($6.46)
112   Rib, ribeye roll, 8-10 lbs.              5   64,565   $243.04    ($22.02)
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    9,683   $262.83    ($18.28)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.               7   25,417   $263.82       $1.39
112   Rib, ribeye roll, 8-up lbs.
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.                        
190   Loin, tenderloin, 3-4 lbs.               4   13,500   $427.84       $0.98
190   Loin, tenderloin, 4-5 lbs.
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       9   21,023   $215.52      $15.30
--------------------------------------------------------------------------------
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
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