Cutter Cow Cutout & Boxed Cow Beef Cuts - Morning

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LM_XB404
Des Moines, IA                 Tue, Mar 25, 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:               $205.86
Change from prior day:                $2.22
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $268.39        $149.87         $2.37
100% lean inside round                      $307.97          $7.15         $0.01
100% lean, flats and eyes                   $294.55          $6.83       ($0.01)
100% lean, S.P.B.                           $289.50         $14.48       ($0.08)
Chuck Tender                                $283.53          $2.84       ($0.02)
Knuckle                   4-7 lbs.          $292.45          $7.40       ($0.02)
Tenderloin                2-3 lbs.          $441.03          $2.34         $0.02
Tenderloin                3-4 lbs.          $469.28          $3.47         $0.03
Ribeye Roll               4-6 lbs.          $264.10          $2.77         
Ribeye Roll               6-8 lbs.          $289.04          $2.14       ($0.05)
Ribeye Roll               8up lbs.          $302.80          $2.21         $0.01
Flank Steak                                 $283.59          $1.19       ($0.04)
Kidney, Edible                               $29.00          $0.13         
Fat, inedible                                $22.61          $0.52         
Bone                                         $10.48          $2.52         
--------------------------------------------------------------------------------
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                 24.73  loads --              989,147  pounds
Cutter/Canner Cuts                  3.98  loads --              159,239  pounds
Boner/Breaker/Cutter/Canner        20.84  loads --              833,772  pounds
100% Lean Items                    25.14  loads --            1,005,444  pounds
Frozen Cuts                         3.34  loads --              133,653  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   22,325   $316.51       $5.02
112   Rib, ribeye roll, 8-10 lbs.             62   90,179   $339.00       $1.94
112   Rib, ribeye roll, 10-up lbs.            33   49,288   $329.89     ($1.05)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      13   14,144   $442.32       $2.89
112A  Rib, ribeye roll-lip-on, 8-up lbs.      17   43,140   $344.89       $1.08
      Chuck, boneless 85%                      5   48,878   $279.28       
120   Chuck, brisket                          27   15,785   $251.81     ($2.04)
168   Round, top inside, 10-dn lbs.                     
168   Round, top inside, 10-up lbs.           17   76,399   $290.41       $6.20
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     18   81,052   $306.37       $1.71
169A  Round, top inside c-off, 14-up lbs.     12   94,289   $326.97       $0.26
171B  Round, outside round                    17  136,673   $285.98       $2.77
171C  Round, eye of round                     29   45,817   $299.47     ($1.21)
      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.            17   24,255   $270.14       $0.32
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  45  152,700   $262.73       $1.22
185A  Loin, bottom sirloin butt flap, bnls.   28   94,073   $299.64     ($0.82)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              37   92,965   $299.29     ($0.92)
112   Rib, ribeye roll, 8-up lbs.             20   65,098   $304.06       $0.49
100% LEAN
      Inside round - Combo                    21  200,528   $300.91       $0.48
      Inside round - Boxed                    41  134,308   $318.52     ($0.73)
      Outside round                            5   26,009   $296.38
      Eye of round                            14   20,177   $306.88       $0.93
      Flats and eyes - Combo                  25  174,260   $292.85     ($0.72)
      Flats and eyes - Boxed                            
      Striploin                               44  154,220   $362.85       $2.89
      S.P.B. - Combo                          24  295,942   $289.50     ($1.62)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     41  133,230   $283.53     ($2.70)
167A  Round, knuckle, peeled                  38  263,187   $292.45     ($0.84)
190   Loin, tenderloin, 2-3 lbs.               6    3,459   $441.03       $4.07
190   Loin, tenderloin, 3-4 lbs.              35   72,818   $469.18       $4.49
190   Loin, tenderloin, 4-5 lbs.             109  145,581   $491.81     ($4.97)
190   Loin, tenderloin, 5-up lbs.             33   45,535   $487.15     ($9.81)
193   Flank, flank steak                      73   73,210   $306.74     ($3.26)
      Flank, rough                            40   96,752   $269.94     ($1.59)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   11,753   $357.78
112   Rib, ribeye roll, 8-10 lbs.              3   10,125   $324.30
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.             3    4,160   $353.00
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              10   42,590   $266.68    ($13.71)
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.               4    7,850   $486.85       $0.38
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      14   44,725   $245.69     ($8.40)
--------------------------------------------------------------------------------
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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