Cutter Cow Cutout & Boxed Cow Beef Cuts - Morning

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LM_XB404
Des Moines, IA                 Fri, Apr 18, 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:               $196.88
Change from prior day:                $2.24
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $250.40        $139.82         $2.30
100% lean inside round                      $324.64          $7.53         $0.02
100% lean, flats and eyes                   $310.01          $7.19       ($0.01)
100% lean, S.P.B.                           $305.33         $15.27         $0.01
Chuck Tender                                $255.97          $2.56         
Knuckle                   4-7 lbs.          $266.11          $6.73       ($0.04)
Tenderloin                2-3 lbs.          $422.33          $2.24         
Tenderloin                3-4 lbs.          $466.02          $3.45         
Ribeye Roll               4-6 lbs.          $281.00          $2.95         
Ribeye Roll               6-8 lbs.          $314.03          $2.32         
Ribeye Roll               8up lbs.          $310.24          $2.26       ($0.01)
Flank Steak                                 $284.37          $1.19       ($0.03)
Kidney, Edible                               $32.45          $0.15         
Fat, inedible                                $27.30          $0.63         
Bone                                         $10.79          $2.59         
--------------------------------------------------------------------------------
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                 22.93  loads --              917,085  pounds
Cutter/Canner Cuts                  4.61  loads --              184,513  pounds
Boner/Breaker/Cutter/Canner        21.07  loads --              842,624  pounds
100% Lean Items                    29.80  loads --            1,191,860  pounds
Frozen Cuts                         3.00  loads --              120,159  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9    4,630   $376.81       $9.20
112   Rib, ribeye roll, 8-10 lbs.             35   66,261   $347.35     ($4.17)
112   Rib, ribeye roll, 10-up lbs.            59   58,084   $352.57       $0.60
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      20   37,186   $382.12       
112A  Rib, ribeye roll-lip-on, 8-up lbs.      12   20,603   $370.55       $6.48
      Chuck, boneless 85%                      5   46,000   $230.04     ($1.48)
120   Chuck, brisket                          24   17,367   $276.32       $0.84
168   Round, top inside, 10-dn lbs.            5    9,515   $251.12       
168   Round, top inside, 10-up lbs.           24   68,089   $264.85    ($14.43)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     26  172,603   $322.06       $0.02
169A  Round, top inside c-off, 14-up lbs.      9   49,965   $327.17     ($0.67)
171B  Round, outside round                    12   70,390   $276.56     ($0.33)
171C  Round, eye of round                     28   39,898   $292.69       $1.12
      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.            13   12,327   $289.85       $2.31
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  34  170,321   $258.71     ($2.21)
185A  Loin, bottom sirloin butt flap, bnls.   33   67,846   $318.93       $0.95
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              41  113,838   $316.20       $0.63
112   Rib, ribeye roll, 8-up lbs.             27   70,675   $310.48     ($0.53)
100% LEAN
      Inside round - Combo                    12  165,055   $319.51     ($0.04)
      Inside round - Boxed                    45   73,979   $336.10       $2.42
      Outside round                            4   21,105   $315.21     ($0.02)
      Eye of round                            11   22,186   $320.58       $1.56
      Flats and eyes - Combo                  34  325,694   $308.95     ($0.08)
      Flats and eyes - Boxed                            
      Striploin                               47  112,908   $360.48     ($0.34)
      S.P.B. - Combo                          34  470,933   $305.33       $0.10
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31   77,976   $255.97     ($0.18)
167A  Round, knuckle, peeled                  36  160,922   $266.11     ($1.53)
190   Loin, tenderloin, 2-3 lbs.              10   14,145   $422.33       $0.07
190   Loin, tenderloin, 3-4 lbs.              46   70,225   $465.53       $0.53
190   Loin, tenderloin, 4-5 lbs.             130  263,432   $486.91       $8.47
190   Loin, tenderloin, 5-up lbs.             42   45,660   $480.59     ($0.48)
193   Flank, flank steak                      67   88,133   $297.14     ($5.87)
      Flank, rough                            54  122,131   $290.39     ($1.40)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    7,345   $349.21       
112   Rib, ribeye roll, 8-10 lbs.              6   16,630   $316.74       $0.47
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.               8   12,073   $293.61       
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.               3   50,064   $456.27       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       8   24,001   $237.48     ($3.62)
--------------------------------------------------------------------------------
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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