Cutter Cow Cutout & Boxed Cow Beef Cuts - Morning

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LM_XB404
Des Moines, IA                 Fri, Apr 13, 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:               $173.87
Change from prior day:              ($0.01)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $222.75        $124.38       ($0.03)
100% lean inside round                      $274.05          $6.36         
100% lean, flats and eyes                   $262.94          $6.10         
100% lean, S.P.B.                           $253.70         $12.69         $0.01
Chuck Tender                                $220.39          $2.20         
Knuckle                   4-7 lbs.          $234.10          $5.92         $0.01
Tenderloin                2-3 lbs.          $446.08          $2.36         $0.01
Tenderloin                3-4 lbs.          $480.05          $3.55         
Ribeye Roll               4-6 lbs.          $268.00          $2.81         
Ribeye Roll               6-8 lbs.          $247.51          $1.83       ($0.01)
Ribeye Roll               8up lbs.          $244.33          $1.78         
Flank Steak                                 $255.61          $1.07         
Kidney, Edible                               $39.50          $0.18         
Fat, inedible                                $31.66          $0.73         
Bone                                          $7.94          $1.91         
--------------------------------------------------------------------------------
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                 36.19  loads --            1,447,710  pounds
Cutter/Canner Cuts                  4.50  loads --              179,858  pounds
Boner/Breaker/Cutter/Canner        23.98  loads --              959,173  pounds
100% Lean Items                    37.31  loads --            1,492,225  pounds
Frozen Cuts                         3.68  loads --              147,292  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   35,972   $264.56     ($0.10)
112   Rib, ribeye roll, 8-10 lbs.             74  186,024   $268.24       $0.93
112   Rib, ribeye roll, 10-up lbs.            27   48,010   $262.40     ($3.64)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      29   30,495   $306.95       $5.37
112A  Rib, ribeye roll-lip-on, 8-up lbs.      18   27,643   $266.10       $1.08
      Chuck, boneless 85%                     10   57,837   $213.84       
120   Chuck, brisket                          21   35,156   $195.89     ($1.81)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           26   89,429   $219.50       $0.11
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     45  373,985   $258.14       $0.21
169A  Round, top inside c-off, 14-up lbs.     13   50,344   $258.64     ($0.27)
171B  Round, outside round                    20  102,948   $208.75     ($0.91)
171C  Round, eye of round                     29   61,901   $235.51       $0.89
      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.            14   36,042   $225.01     ($0.73)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  28   91,152   $190.71       $0.86
185A  Loin, bottom sirloin butt flap, bnls.   46  206,261   $247.91       $0.34
191A  Loin, butt tender, peeled                4    2,583   $475.54       
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              42  100,271   $246.39     ($0.87)
112   Rib, ribeye roll, 8-up lbs.             15   79,587   $243.84       $0.35
100% LEAN
      Inside round - Combo                    16  177,178   $271.90       $0.01
      Inside round - Boxed                    45   63,580   $280.03     ($0.38)
      Outside round                           10   65,164   $261.98       
      Eye of round                            24   45,003   $270.03       $0.31
      Flats and eyes - Combo                  26  377,356   $262.26       $0.17
      Flats and eyes - Boxed                            
      Striploin                               57  207,326   $302.29     ($0.16)
      S.P.B. - Combo                          48  556,618   $253.70       $0.14
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32  111,247   $220.39       $0.79
167A  Round, knuckle, peeled                  64  248,496   $234.10       $0.33
190   Loin, tenderloin, 2-3 lbs.              13   18,080   $446.08       $2.49
190   Loin, tenderloin, 3-4 lbs.              37   93,852   $479.95       $0.36
190   Loin, tenderloin, 4-5 lbs.             109  197,040   $525.94      $10.66
190   Loin, tenderloin, 5-up lbs.             38   58,548   $513.01     ($1.04)
193   Flank, flank steak                     100  135,661   $262.09       $0.71
      Flank, rough                            57   96,249   $226.12     ($2.20)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   32,237   $270.45       
112   Rib, ribeye roll, 8-10 lbs.              4   34,405   $262.79       
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                      16   38,492   $232.78     ($3.33)
--------------------------------------------------------------------------------
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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