Cutter Cow Cutout & Boxed Cow Beef Cuts - Afternoon

LM_XB405
Des Moines, IA                 Wed, May 02, 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:               $177.27
Change from prior day:                $0.36
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Item                                          Price          Value        Change
90% lean                                    $226.58        $126.52         $0.36
100% lean inside round                      $283.47          $6.58         
100% lean, flats and eyes                   $270.52          $6.28         
100% lean, S.P.B.                           $256.23         $12.81         $0.01
Chuck Tender                                $235.76          $2.36         
Knuckle                   4-7 lbs.          $242.72          $6.14         $0.03
Tenderloin                2-3 lbs.          $451.66          $2.39         $0.01
Tenderloin                3-4 lbs.          $481.85          $3.57       ($0.02)
Ribeye Roll               4-6 lbs.          $250.63          $2.63         
Ribeye Roll               6-8 lbs.          $260.00          $1.92       ($0.02)
Ribeye Roll               8up lbs.          $246.42          $1.80       ($0.01)
Flank Steak                                 $282.56          $1.19         
Kidney, Edible                               $40.33          $0.19         
Fat, inedible                                $32.33          $0.75         
Bone                                          $8.90          $2.14         
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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                 30.22  loads --            1,208,836  pounds
Cutter/Canner Cuts                  4.79  loads --              191,733  pounds
Boner/Breaker/Cutter/Canner        24.63  loads --              985,382  pounds
100% Lean Items                    36.27  loads --            1,450,853  pounds
Frozen Cuts                         4.23  loads --              169,381  pounds
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IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
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BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   20,873   $264.25       $2.75
112   Rib, ribeye roll, 8-10 lbs.             48  149,626   $272.08     ($0.79)
112   Rib, ribeye roll, 10-up lbs.            46   56,923   $284.81     ($0.78)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      36   59,734   $324.28       $1.59
112A  Rib, ribeye roll-lip-on, 8-up lbs.      10   18,497   $305.46      $15.59
      Chuck, boneless 85%                     16  113,686   $220.22       $0.39
120   Chuck, brisket                          23   20,215   $201.31       $9.47
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           23   74,155   $215.30     ($2.92)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     34  194,520   $260.03       $0.23
169A  Round, top inside c-off, 14-up lbs.     14   91,143   $263.27       $2.39
171B  Round, outside round                    10   58,969   $222.27     ($0.54)
171C  Round, eye of round                     44   65,207   $244.83       $2.35
      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.             9   20,918   $207.97       $0.20
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  21   64,298   $226.27       $1.39
185A  Loin, bottom sirloin butt flap, bnls.   37  184,932   $251.13    ($23.03)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              44  122,694   $260.25     ($1.85)
112   Rib, ribeye roll, 8-up lbs.             12   69,039   $248.75       $0.20
100% LEAN
      Inside round - Combo                    26  278,363   $282.09     ($0.47)
      Inside round - Boxed                    40   84,560   $288.00       $0.41
      Outside round                           12   36,760   $267.18       $0.21
      Eye of round                            18   24,035   $271.00     ($0.78)
      Flats and eyes - Combo                  24  325,774   $270.86     ($0.05)
      Flats and eyes - Boxed                            
      Striploin                               46  162,997   $295.99     ($3.11)
      S.P.B. - Combo                          47  538,364   $256.23       $0.17
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     36  121,610   $235.76       $0.11
167A  Round, knuckle, peeled                  59  285,086   $242.72       $1.33
190   Loin, tenderloin, 2-3 lbs.              14   18,902   $452.52       $3.16
190   Loin, tenderloin, 3-4 lbs.              50   92,226   $482.62     ($2.80)
190   Loin, tenderloin, 4-5 lbs.             110  164,637   $517.36       $1.72
190   Loin, tenderloin, 5-up lbs.             45   61,332   $521.40     ($4.74)
193   Flank, flank steak                      91  114,546   $283.86       $0.92
      Flank, rough                            62  127,043   $233.11     ($0.06)
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.       3    2,294   $252.19
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.               7   31,629   $259.05     ($1.25)
112   Rib, ribeye roll, 8-up lbs.              4   55,152   $243.52
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.
190   Loin, tenderloin, 3-4 lbs.               4    4,486   $466.19
190   Loin, tenderloin, 4-5 lbs.               3   21,610   $465.50
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       4    6,900   $260.91     ($1.27)
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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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