Cutter Cow Cutout & Boxed Cow Beef Cuts - Afternoon

LM_XB405
Des Moines, IA                 Tue, Apr 24, 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:               $175.48
Change from prior day:                $0.36
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $224.45        $125.33         $0.21
100% lean inside round                      $281.60          $6.53         $0.03
100% lean, flats and eyes                   $266.66          $6.19         $0.06
100% lean, S.P.B.                           $254.40         $12.72         
Chuck Tender                                $230.48          $2.30         
Knuckle                   4-7 lbs.          $237.57          $6.01         $0.01
Tenderloin                2-3 lbs.          $448.50          $2.38         
Tenderloin                3-4 lbs.          $481.05          $3.56       ($0.05)
Ribeye Roll               4-6 lbs.          $250.63          $2.63         $0.10
Ribeye Roll               6-8 lbs.          $252.49          $1.87         
Ribeye Roll               8up lbs.          $250.44          $1.83         $0.01
Flank Steak                                 $270.60          $1.14       ($0.01)
Kidney, Edible                               $40.00          $0.18         
Fat, inedible                                $30.32          $0.70         
Bone                                          $8.78          $2.11         
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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                 32.89  loads --            1,315,431  pounds
Cutter/Canner Cuts                  5.65  loads --              226,116  pounds
Boner/Breaker/Cutter/Canner        20.23  loads --              809,280  pounds
100% Lean Items                    41.05  loads --            1,642,119  pounds
Frozen Cuts                         3.91  loads --              156,514  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10   23,797   $264.20       $0.18
112   Rib, ribeye roll, 8-10 lbs.             40   96,125   $268.73       $1.66
112   Rib, ribeye roll, 10-up lbs.            45   42,712   $284.32       $1.62
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      34   63,118   $289.76       $7.03
112A  Rib, ribeye roll-lip-on, 8-up lbs.      25   67,729   $270.21       $1.24
      Chuck, boneless 85%                     19  130,453   $216.77     ($0.40)
120   Chuck, brisket                          25   17,480   $198.43     ($2.08)
168   Round, top inside, 10-dn lbs.                     
168   Round, top inside, 10-up lbs.           33  125,169   $214.76       $2.42
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     42  366,507   $256.43       $0.30
169A  Round, top inside c-off, 14-up lbs.     12   33,497   $259.09       $0.81
171B  Round, outside round                    10   61,797   $216.32       $0.50
171C  Round, eye of round                     54   76,320   $236.30    ($12.47)
      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.            12   15,712   $240.67       $8.09
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  33   68,471   $217.49       $3.33
185A  Loin, bottom sirloin butt flap, bnls.   44  120,112   $267.82       $0.60
191A  Loin, butt tender, peeled                4    5,292   $486.86       $2.89
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              52  146,195   $252.30     ($0.02)
112   Rib, ribeye roll, 8-up lbs.             16   61,921   $249.50       $1.00
100% LEAN
      Inside round - Combo                    27  375,351   $281.09       $1.80
      Inside round - Boxed                    51   90,133   $283.72       $0.66
      Outside round                           12   70,135   $266.14       $1.77
      Eye of round                            24   34,681   $275.89       $4.67
      Flats and eyes - Combo                  29  438,754   $266.02       $2.89
      Flats and eyes - Boxed                            
      Striploin                               48  179,220   $298.41       $0.34
      S.P.B. - Combo                          45  453,845   $254.40     ($0.03)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33   85,059   $230.48       $0.24
167A  Round, knuckle, peeled                  87  252,955   $237.57       $0.46
190   Loin, tenderloin, 2-3 lbs.              15   23,887   $450.18     ($0.57)
190   Loin, tenderloin, 3-4 lbs.              45   71,744   $480.72     ($2.23)
190   Loin, tenderloin, 4-5 lbs.             102  126,447   $508.61     ($5.08)
190   Loin, tenderloin, 5-up lbs.             54   52,244   $522.26       $3.02
193   Flank, flank steak                      87  109,359   $271.40     ($3.56)
      Flank, rough                            58   87,585   $235.15     ($0.89)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    8,791   $266.45       
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.               4    3,475   $260.60       $3.63
112   Rib, ribeye roll, 8-up lbs.
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.               3   16,440   $446.05       
190   Loin, tenderloin, 3-4 lbs.               4   18,921   $482.29    ($12.36)
190   Loin, tenderloin, 4-5 lbs.                        
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                       3    8,700   $260.59       $5.73
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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
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