Cutter Cow Cutout & Boxed Cow Beef Cuts - Afternoon

LM_XB405
Des Moines, IA                 Tue, May 01, 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:               $176.91
Change from prior day:                $0.50
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $225.93        $126.16         $0.41
100% lean inside round                      $283.79          $6.58         
100% lean, flats and eyes                   $270.59          $6.28         $0.02
100% lean, S.P.B.                           $256.06         $12.80         $0.02
Chuck Tender                                $235.65          $2.36         $0.02
Knuckle                   4-7 lbs.          $241.39          $6.11         
Tenderloin                2-3 lbs.          $448.99          $2.38         
Tenderloin                3-4 lbs.          $485.42          $3.59         $0.01
Ribeye Roll               4-6 lbs.          $250.63          $2.63         
Ribeye Roll               6-8 lbs.          $261.80          $1.94       ($0.01)
Ribeye Roll               8up lbs.          $248.16          $1.81         $0.01
Flank Steak                                 $282.17          $1.19         $0.02
Kidney, Edible                               $40.33          $0.19         
Fat, inedible                                $32.33          $0.75         
Bone                                          $8.90          $2.14         
--------------------------------------------------------------------------------
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                 28.26  loads --            1,130,512  pounds
Cutter/Canner Cuts                  5.29  loads --              211,491  pounds
Boner/Breaker/Cutter/Canner        28.16  loads --            1,126,383  pounds
100% Lean Items                    35.22  loads --            1,408,918  pounds
Frozen Cuts                         2.16  loads --               86,471  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11   23,823   $261.50       $0.87
112   Rib, ribeye roll, 8-10 lbs.             46  115,138   $272.87       $1.20
112   Rib, ribeye roll, 10-up lbs.            51   58,263   $285.59       $1.53
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      32   58,879   $322.69      $13.00
112A  Rib, ribeye roll-lip-on, 8-up lbs.      20   37,601   $289.87       $6.04
      Chuck, boneless 85%                     15   99,786   $219.83       $0.04
120   Chuck, brisket                          18   19,525   $191.84       $1.41
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           17   35,745   $218.22       $3.25
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     38  171,084   $259.80       $1.20
169A  Round, top inside c-off, 14-up lbs.     22  152,816   $260.88       $0.61
171B  Round, outside round                    10   50,669   $222.81       $3.42
171C  Round, eye of round                     46   70,652   $242.48       $5.63
      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.             7   18,995   $207.77    ($24.03)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  26   72,531   $224.88       $0.70
185A  Loin, bottom sirloin butt flap, bnls.   39   91,865   $274.16    ($16.02)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              37  126,865   $262.10     ($2.40)
112   Rib, ribeye roll, 8-up lbs.             16   84,626   $248.55       $1.23
100% LEAN
      Inside round - Combo                    25  271,841   $282.56       $1.31
      Inside round - Boxed                    43   88,403   $287.59     ($1.39)
      Outside round                           10   35,506   $266.97       $0.10
      Eye of round                            15   22,660   $271.78     ($3.34)
      Flats and eyes - Combo                  25  318,831   $270.91       $1.48
      Flats and eyes - Boxed                            
      Striploin                               49  152,048   $299.10     ($2.04)
      S.P.B. - Combo                          47  519,629   $256.06       $0.56
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     39  138,180   $235.65       $1.49
167A  Round, knuckle, peeled                  67  369,575   $241.39     ($0.22)
190   Loin, tenderloin, 2-3 lbs.              16   18,884   $449.36       $0.60
190   Loin, tenderloin, 3-4 lbs.              54   99,918   $485.42       $1.06
190   Loin, tenderloin, 4-5 lbs.             109  150,864   $515.64     ($4.58)
190   Loin, tenderloin, 5-up lbs.             49   68,545   $526.14       $2.38
193   Flank, flank steak                      97  132,667   $282.94       $4.50
      Flank, rough                            68  147,750   $233.17       $0.58
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
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.               6   25,329   $260.30     ($0.22)
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                       5    5,100   $262.18       
--------------------------------------------------------------------------------
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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