Cutter Cow Cutout & Boxed Cow Beef Cuts - Morning

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LM_XB404
Des Moines, IA                 Thu, Oct 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:               $156.27
Change from prior day:                $0.95
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $192.43        $107.45         $0.81
100% lean inside round                      $281.52          $6.53         $0.03
100% lean, flats and eyes                   $266.82          $6.19         
100% lean, S.P.B.                           $262.24         $13.11         $0.03
Chuck Tender                                $215.27          $2.15         $0.01
Knuckle                   4-7 lbs.          $226.97          $5.74       ($0.01)
Tenderloin                2-3 lbs.          $418.17          $2.22         $0.01
Tenderloin                3-4 lbs.          $436.34          $3.23         $0.02
Ribeye Roll               4-6 lbs.          $231.75          $2.43         
Ribeye Roll               6-8 lbs.          $248.95          $1.84         $0.01
Ribeye Roll               8up lbs.          $264.35          $1.93         $0.01
Flank Steak                                 $244.99          $1.03         $0.03
Kidney, Edible                               $27.33          $0.13         
Fat, inedible                                $20.27          $0.47         
Bone                                          $7.58          $1.82         
--------------------------------------------------------------------------------
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                 26.38  loads --            1,055,180  pounds
Cutter/Canner Cuts                  3.07  loads --              122,899  pounds
Boner/Breaker/Cutter/Canner        22.27  loads --              890,793  pounds
100% Lean Items                    32.35  loads --            1,294,136  pounds
Frozen Cuts                         5.58  loads --              223,268  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    4,873   $269.86     ($0.21)
112   Rib, ribeye roll, 8-10 lbs.             56  114,184   $288.08       $3.09
112   Rib, ribeye roll, 10-up lbs.            36   27,726   $298.39       $0.16
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   15,417   $428.25     ($0.71)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      15   20,991   $340.40     ($2.22)
      Chuck, boneless 85%                      8  161,500   $165.46       
120   Chuck, brisket                          13   13,614   $216.23       $1.94
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           22   77,849   $220.58       $0.79
169A  Round, top inside c-off, 8-10 lbs.       7   59,030   $273.30     ($0.11)
169A  Round, top inside c-off, 10-14 lbs.     22  141,790   $262.91       $0.20
169A  Round, top inside c-off, 14-up lbs.      6   27,705   $268.35       
171B  Round, outside round                     6   38,738   $235.62       $3.59
171C  Round, eye of round                     38   47,349   $262.12     ($2.91)
      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.            43  118,138   $236.28       $2.18
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  38   96,376   $213.69     ($2.97)
185A  Loin, bottom sirloin butt flap, bnls.   42   88,825   $258.91       $1.84
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              39   67,896   $252.16       $1.86
112   Rib, ribeye roll, 8-up lbs.             15   54,456   $262.53       $2.19
100% LEAN
      Inside round - Combo                    29  230,033   $279.56       $1.28
      Inside round - Boxed                    33   49,329   $290.65     ($0.97)
      Outside round                            3   14,024   $272.96       
      Eye of round                             9   18,677   $269.11     ($0.04)
      Flats and eyes - Combo                  26  276,285   $266.36     ($0.02)
      Flats and eyes - Boxed                            
      Striploin                               40  123,455   $336.52       $2.08
      S.P.B. - Combo                          34  582,333   $262.24       $0.65
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     43  128,108   $215.27       $0.84
167A  Round, knuckle, peeled                  48  280,347   $226.97     ($0.48)
190   Loin, tenderloin, 2-3 lbs.              11    8,928   $418.17       $0.81
190   Loin, tenderloin, 3-4 lbs.              30   45,119   $436.34       $0.15
190   Loin, tenderloin, 4-5 lbs.             156  222,792   $481.10     ($1.74)
190   Loin, tenderloin, 5-up lbs.             43   29,704   $500.39       $3.80
193   Flank, flank steak                      78   93,897   $259.52     ($0.57)
      Flank, rough                            55   81,898   $241.02       $0.01
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   58,960   $251.71       
112   Rib, ribeye roll, 8-10 lbs.              5   49,600   $252.59       $0.10
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.      3    1,187   $260.00       
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.               6   40,860   $243.60       
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                      14   43,908   $213.91      $11.67
--------------------------------------------------------------------------------
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
1130C

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