Cutter Cow Cutout & Boxed Cow Beef Cuts - Morning

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LM_XB404
Des Moines, IA                 Tue, Mar 04, 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 - 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:               $192.46
Change from prior day:                $0.14
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $248.71        $138.88         
100% lean inside round                      $289.59          $6.72       ($0.02)
100% lean, flats and eyes                   $279.06          $6.47         
100% lean, S.P.B.                           $275.71         $13.79         $0.02
Chuck Tender                                $291.44          $2.91         $0.02
Knuckle                   4-7 lbs.          $281.84          $7.13         $0.06
Tenderloin                2-3 lbs.          $417.47          $2.21         
Tenderloin                3-4 lbs.          $451.01          $3.34         
Ribeye Roll               4-6 lbs.          $271.94          $2.86         $0.01
Ribeye Roll               6-8 lbs.          $277.85          $2.06         $0.04
Ribeye Roll               8up lbs.          $280.59          $2.05         $0.01
Flank Steak                                 $269.13          $1.13         
Kidney, Edible                               $30.14          $0.14         
Fat, inedible                                $22.61          $0.52         
Bone                                          $9.37          $2.25         
--------------------------------------------------------------------------------
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                 25.02  loads --            1,000,977  pounds
Cutter/Canner Cuts                  6.65  loads --              266,104  pounds
Boner/Breaker/Cutter/Canner        18.74  loads --              749,689  pounds
100% Lean Items                    21.98  loads --              879,278  pounds
Frozen Cuts                         6.19  loads --              247,555  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    9,311   $307.76       $0.14
112   Rib, ribeye roll, 8-10 lbs.             45  120,114   $316.75       $3.10
112   Rib, ribeye roll, 10-up lbs.            32   55,816   $307.97     ($2.33)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      26   42,318   $345.97       $6.62
112A  Rib, ribeye roll-lip-on, 8-up lbs.      20   39,960   $292.37     ($3.92)
      Chuck, boneless 85%                      7  163,500   $213.59       
120   Chuck, brisket                          24   17,085   $235.03       $2.93
168   Round, top inside, 10-dn lbs.            9    7,762   $270.41       $1.33
168   Round, top inside, 10-up lbs.           25   62,618   $264.47       $5.42
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     19  131,657   $288.52       $3.94
169A  Round, top inside c-off, 14-up lbs.     12   37,009   $291.92       $4.94
171B  Round, outside round                    13   82,510   $276.43       $1.55
171C  Round, eye of round                     23   40,168   $290.02     ($0.62)
      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   28,369   $262.94     ($0.80)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  30   68,171   $261.79       $1.54
185A  Loin, bottom sirloin butt flap, bnls.   34   88,039   $285.79       $0.92
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4   18,611   $271.57       $0.91
112   Rib, ribeye roll, 6-8 lbs.              57  166,466   $282.87       $6.37
112   Rib, ribeye roll, 8-up lbs.             27   81,027   $280.77     ($0.31)
100% LEAN
      Inside round - Combo                    17  139,063   $284.48     ($0.44)
      Inside round - Boxed                    44   64,389   $300.62       $0.30
      Outside round                           11   41,204   $277.45       
      Eye of round                             6    8,850   $288.39     ($0.72)
      Flats and eyes - Combo                  23  195,820   $278.98       $0.25
      Flats and eyes - Boxed                            
      Striploin                               45  128,140   $342.30       $1.01
      S.P.B. - Combo                          27  301,812   $275.71       $0.35
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     38  113,613   $291.44       $2.73
167A  Round, knuckle, peeled                  53  218,979   $281.84       $2.51
190   Loin, tenderloin, 2-3 lbs.              10   10,255   $417.47       $1.42
190   Loin, tenderloin, 3-4 lbs.              30   40,163   $449.57     ($0.08)
190   Loin, tenderloin, 4-5 lbs.             129  150,712   $471.27     ($3.93)
190   Loin, tenderloin, 5-up lbs.             20   17,148   $490.74    ($16.51)
193   Flank, flank steak                      88  110,111   $276.13       $0.51
      Flank, rough                            42   88,708   $244.56     ($2.00)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   43,435   $292.60       
112   Rib, ribeye roll, 8-10 lbs.
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.
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              15   52,400   $261.89     ($0.55)
112   Rib, ribeye roll, 8-up lbs.              3   34,386   $280.17
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.                        
190   Loin, tenderloin, 3-4 lbs.
190   Loin, tenderloin, 4-5 lbs.               7   50,037   $460.14     ($0.37)
190   Loin, tenderloin, 5-up lbs.              4   13,600   $461.97       
193   Flank, flank steak                      16   42,047   $250.80       $0.82
--------------------------------------------------------------------------------
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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