Cutter Cow Cutout & Boxed Cow Beef Cuts - Morning

LM_XB404
Des Moines, IA                 Mon, Apr 09, 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 - Morning

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:               $171.77
Change from prior day:                $0.47
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $219.77        $122.72         $0.48
100% lean inside round                      $267.74          $6.21       ($0.08)
100% lean, flats and eyes                   $265.40          $6.16         $0.06
100% lean, S.P.B.                           $251.51         $12.58         $0.04
Chuck Tender                                $223.04          $2.23       ($0.01)
Knuckle                   4-7 lbs.          $234.75          $5.94       ($0.01)
Tenderloin                2-3 lbs.          $448.74          $2.38       ($0.02)
Tenderloin                3-4 lbs.          $473.24          $3.50       ($0.01)
Ribeye Roll               4-6 lbs.          $241.00          $2.53         
Ribeye Roll               6-8 lbs.          $246.99          $1.83       ($0.07)
Ribeye Roll               8up lbs.          $246.38          $1.80         
Flank Steak                                 $255.79          $1.07       ($0.02)
Kidney, Edible                               $39.50          $0.18       ($0.02)
Fat, inedible                                $31.66          $0.73         
Bone                                          $7.94          $1.91         $0.13
--------------------------------------------------------------------------------
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                 33.07  loads --            1,322,886  pounds
Cutter/Canner Cuts                  2.64  loads --              105,595  pounds
Boner/Breaker/Cutter/Canner        20.71  loads --              828,358  pounds
100% Lean Items                    30.38  loads --            1,215,249  pounds
Frozen Cuts                         2.32  loads --               92,729  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   59,728   $262.58       $0.86
112   Rib, ribeye roll, 8-10 lbs.             45   85,420   $263.92       $0.79
112   Rib, ribeye roll, 10-up lbs.            31   47,310   $266.60       $1.95
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      29   55,235   $304.46     ($0.90)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      26   62,100   $264.32     ($0.39)
      Chuck, boneless 85%                     12   89,963   $211.23     ($0.06)
120   Chuck, brisket                          21   17,780   $200.01       $3.92
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           29  117,549   $214.47      $10.11
169A  Round, top inside c-off, 8-10 lbs.       3   26,618   $256.45       $0.31
169A  Round, top inside c-off, 10-14 lbs.     47  356,164   $255.38       $0.31
169A  Round, top inside c-off, 14-up lbs.     19  107,722   $254.03       $0.19
171B  Round, outside round                    14   87,129   $214.17       $0.11
171C  Round, eye of round                     39   61,522   $243.69       $1.02
      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   21,289   $238.18     ($1.74)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  19   28,764   $201.31     ($0.59)
185A  Loin, bottom sirloin butt flap, bnls.   28   92,113   $265.82       $2.87
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              32   70,419   $246.71     ($9.67)
112   Rib, ribeye roll, 8-up lbs.             11   35,176   $246.38       $0.07
100% LEAN
      Inside round - Combo                    16  250,261   $265.80     ($1.20)
      Inside round - Boxed                    40   44,540   $278.63     ($5.49)
      Outside round                           10   44,489   $263.21       $1.08
      Eye of round                            10   21,809   $267.10     ($0.74)
      Flats and eyes - Combo                  26  336,640   $265.58       $2.61
      Flats and eyes - Boxed                            
      Striploin                               41  169,276   $305.78     ($0.81)
      S.P.B. - Combo                          36  348,234   $251.51       $0.69
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     37  138,901   $223.04     ($0.46)
167A  Round, knuckle, peeled                  63  219,713   $234.75     ($0.33)
190   Loin, tenderloin, 2-3 lbs.              10   26,222   $448.74     ($4.90)
190   Loin, tenderloin, 3-4 lbs.              37   61,437   $472.91     ($1.63)
190   Loin, tenderloin, 4-5 lbs.             104  132,734   $522.18       $4.80
190   Loin, tenderloin, 5-up lbs.             41   73,588   $489.37     ($1.01)
193   Flank, flank steak                      75  106,641   $260.15     ($1.52)
      Flank, rough                            51   69,122   $229.00       $0.22
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   23,994   $273.22
112   Rib, ribeye roll, 8-10 lbs.              4   34,130   $262.77
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                      14   29,630   $240.10     ($7.73)
--------------------------------------------------------------------------------
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
1130C

.

1. UK beef study: Birth/weaning weight
2. Early preparation key to a good calving season
3. Oil gains moderately, trading sluggish ahead of Fed
4. House cafeterias to discontinue "Meatless Mondays"
5. Crude oil expected to peak and cost of electricity to go down
6. Ag markets mixed again Tuesday

1. 3,000 pounds of copper wire stolen from Oklahoma ranch
2. Will Smith dethroned in latest Peterson Farm Bros. parody
3. Changes in U.S.-Mexican cattle and beef trade
4. Experts weigh in on lowest beef supply in 60 years
5. Peterson Brothers: What summer vacation?
6. Pasture and range conditions improve

1. COOL isn’t working
2. NIAA releases white paper on FMD preparedness
3. Feedyard margins a train wreck, packers cozy
4. Finding the comedy in ag-gag
5. Vilsack: A bill to grow local, regional markets
6. Expert offers tips to reduce hay-drying time