Cutter Cow Cutout & Boxed Cow Beef Cuts - Afternoon

LM_XB405
Des Moines, IA                 Fri, Apr 13, 2012                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 - Afternoon

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:               $173.07
Change from prior day:              ($0.81)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $221.27        $123.56       ($0.85)
100% lean inside round                      $274.50          $6.37         $0.01
100% lean, flats and eyes                   $262.92          $6.10         
100% lean, S.P.B.                           $253.70         $12.69         $0.01
Chuck Tender                                $220.95          $2.21         $0.01
Knuckle                   4-7 lbs.          $233.63          $5.91         
Tenderloin                2-3 lbs.          $445.43          $2.36         $0.01
Tenderloin                3-4 lbs.          $479.95          $3.55         
Ribeye Roll               4-6 lbs.          $268.00          $2.81         
Ribeye Roll               6-8 lbs.          $247.53          $1.83       ($0.01)
Ribeye Roll               8up lbs.          $244.40          $1.78         
Flank Steak                                 $257.88          $1.08         $0.01
Kidney, Edible                               $39.50          $0.18         
Fat, inedible                                $31.66          $0.73         
Bone                                          $7.94          $1.91         
--------------------------------------------------------------------------------
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                 39.67  loads --            1,586,930  pounds
Cutter/Canner Cuts                  4.51  loads --              180,365  pounds
Boner/Breaker/Cutter/Canner        25.59  loads --            1,023,409  pounds
100% Lean Items                    39.08  loads --            1,563,252  pounds
Frozen Cuts                         3.75  loads --              150,000  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              13   36,167   $264.56     ($0.10)
112   Rib, ribeye roll, 8-10 lbs.             77  188,005   $268.31       $1.00
112   Rib, ribeye roll, 10-up lbs.            29   49,450   $263.61     ($2.43)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      31   39,009   $307.18       $5.60
112A  Rib, ribeye roll-lip-on, 8-up lbs.      22   34,474   $267.14       $2.12
      Chuck, boneless 85%                     11   61,903   $213.85       $0.01
120   Chuck, brisket                          21   35,156   $195.89     ($1.81)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           28   99,308   $216.85     ($2.54)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     45  373,985   $258.14       $0.21
169A  Round, top inside c-off, 14-up lbs.     14   51,644   $258.88     ($0.03)
171B  Round, outside round                    20  102,948   $208.75     ($0.91)
171C  Round, eye of round                     35   65,122   $234.39     ($0.23)
      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.            14   36,042   $225.01     ($0.73)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  33  119,802   $196.95       $7.10
185A  Loin, bottom sirloin butt flap, bnls.   52  279,404   $247.88       $0.31
191A  Loin, butt tender, peeled                4    2,583   $475.54       
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              43  100,441   $246.42     ($0.84)
112   Rib, ribeye roll, 8-up lbs.             17   79,924   $243.91       $0.42
100% LEAN
      Inside round - Combo                    19  241,904   $272.86       $0.97
      Inside round - Boxed                    48   66,630   $280.48       $0.07
      Outside round                           11   65,996   $262.08       $0.10
      Eye of round                            24   45,003   $270.03       $0.31
      Flats and eyes - Combo                  27  379,356   $262.23       $0.14
      Flats and eyes - Boxed                            
      Striploin                               58  207,745   $302.33     ($0.12)
      S.P.B. - Combo                          48  556,618   $253.70       $0.14
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     36  117,602   $220.95       $1.35
167A  Round, knuckle, peeled                  85  265,919   $233.63     ($0.14)
190   Loin, tenderloin, 2-3 lbs.              13   18,080   $446.08       $2.49
190   Loin, tenderloin, 3-4 lbs.              39   97,102   $479.86       $0.27
190   Loin, tenderloin, 4-5 lbs.             124  206,300   $525.41      $10.13
190   Loin, tenderloin, 5-up lbs.             41   62,668   $512.93     ($1.12)
193   Flank, flank steak                     109  150,384   $264.36       $2.98
      Flank, rough                            62  105,354   $225.11     ($3.21)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10   32,307   $270.27     ($0.18)
112   Rib, ribeye roll, 8-10 lbs.              5   35,184   $261.09     ($1.70)
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.
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                      17   39,092   $232.97     ($3.14)
--------------------------------------------------------------------------------
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
1530C

.

1. Cow-calf corner: Preparing cattle for severe weather
2. Schwieterman: Cattle futures lower, cash trade limited
3. BeefTalk: May calving brings May flowers
4. About that farmland bubble…
5. Senate votes to cut insurance subsidies to rich farmers
6. Oil set for biggest weekly drop since mid-April

1. Former Eastern Livestock CEO, CFO sentenced for federal crimes
2. Post-tornado composting a solution for disposal of dead livestock
3. Michigan hay buyers should plan purchases early
4. More beef cows in worst drought regions than a year ago
5. TSCRA works with sale barns to catch Houston cattle thief
6. New animal identification rules aid disease traceability

1. Commentary: In praise of animal foods
2. Commentary: GMOs: How do I hate thee?
3. Seven jobs more dangerous than farming
4. What’s on America’s grill this weekend?
5. Meat industry associations quick to attack the new MCOOL rule
6. White House urges Senate to cut crop insurance in farm bill