Cutter Cow Cutout & Boxed Cow Beef Cuts - Afternoon

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LM_XB405
Des Moines, IA                 Thu, Feb 27, 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 - 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:               $192.93
Change from prior day:                $1.20
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $250.73        $140.01         $1.15
100% lean inside round                      $289.83          $6.72         $0.03
100% lean, flats and eyes                   $277.69          $6.44         $0.01
100% lean, S.P.B.                           $273.78         $13.69         $0.01
Chuck Tender                                $288.83          $2.89         $0.02
Knuckle                   4-7 lbs.          $276.72          $7.00         $0.05
Tenderloin                2-3 lbs.          $408.25          $2.16       ($0.05)
Tenderloin                3-4 lbs.          $448.07          $3.32       ($0.01)
Ribeye Roll               4-6 lbs.          $270.37          $2.84         
Ribeye Roll               6-8 lbs.          $274.16          $2.03         $0.02
Ribeye Roll               8up lbs.          $280.88          $2.05       ($0.03)
Flank Steak                                 $251.78          $1.06         
Kidney, Edible                               $30.14          $0.14         
Fat, inedible                                $22.61          $0.52         
Bone                                          $8.59          $2.06         
--------------------------------------------------------------------------------
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                 34.54  loads --            1,381,670  pounds
Cutter/Canner Cuts                  6.44  loads --              257,434  pounds
Boner/Breaker/Cutter/Canner        22.96  loads --              918,397  pounds
100% Lean Items                    27.83  loads --            1,113,155  pounds
Frozen Cuts                         7.29  loads --              291,532  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    6,701   $311.58       $1.48
112   Rib, ribeye roll, 8-10 lbs.             56  114,386   $315.49       $3.99
112   Rib, ribeye roll, 10-up lbs.            61   84,959   $313.71       $1.86
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      31   36,886   $327.85       $0.32
112A  Rib, ribeye roll-lip-on, 8-up lbs.      21   44,996   $316.55       $3.03
      Chuck, boneless 85%                      8  167,500   $214.46
120   Chuck, brisket                          29   38,505   $224.87     ($0.57)
168   Round, top inside, 10-dn lbs.            8    5,913   $263.03       $2.56
168   Round, top inside, 10-up lbs.           30  105,446   $252.98       $9.61
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     42  291,901   $282.50       $0.04
169A  Round, top inside c-off, 14-up lbs.     13   77,373   $286.93     ($0.76)
171B  Round, outside round                    18  131,499   $273.60       $1.94
171C  Round, eye of round                     34   85,856   $288.48     ($0.05)
      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   21,543   $259.45       $5.36
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  31   81,900   $250.37       $1.10
185A  Loin, bottom sirloin butt flap, bnls.   39   82,156   $281.26    ($12.72)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               8   19,957   $269.51     ($0.37)
112   Rib, ribeye roll, 6-8 lbs.              59  138,851   $274.50       $3.30
112   Rib, ribeye roll, 8-up lbs.             33   98,626   $281.68     ($3.74)
100% LEAN
      Inside round - Combo                    18  155,789   $284.04       $1.43
      Inside round - Boxed                    58  138,129   $296.35       $1.08
      Outside round                           14   51,998   $275.09       $1.74
      Eye of round                             8   11,465   $290.24     ($2.50)
      Flats and eyes - Combo                  25  273,868   $277.65       $0.43
      Flats and eyes - Boxed                            
      Striploin                               64  172,633   $340.72     ($0.72)
      S.P.B. - Combo                          32  309,273   $273.78       $0.21
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     51  164,419   $288.83       $2.04
167A  Round, knuckle, peeled                  51  334,874   $276.72       $1.90
190   Loin, tenderloin, 2-3 lbs.              12   10,056   $408.69     ($8.49)
190   Loin, tenderloin, 3-4 lbs.              36   48,016   $448.07     ($0.45)
190   Loin, tenderloin, 4-5 lbs.             161  183,816   $475.22     ($1.26)
190   Loin, tenderloin, 5-up lbs.             34   20,303   $502.04       $5.33
193   Flank, flank steak                      87   88,168   $271.83     ($0.14)
      Flank, rough                            47   68,745   $251.70       $0.14
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   91,552   $283.95       $0.47
112   Rib, ribeye roll, 8-10 lbs.              4    8,762   $309.81     ($2.98)
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.               9   57,733   $273.33       $0.53
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.               5   43,577   $457.10    ($23.31)
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                      18   60,142   $222.39     ($3.44)
--------------------------------------------------------------------------------
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
1530C

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