Cutter Cow Cutout & Boxed Cow Beef Cuts - Morning

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LM_XB404
Des Moines, IA                 Fri, Apr 20, 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:               $174.25
Change from prior day:              ($0.12)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $222.98        $124.51       ($0.13)
100% lean inside round                      $278.63          $6.46         
100% lean, flats and eyes                   $263.61          $6.12       ($0.02)
100% lean, S.P.B.                           $253.87         $12.69         
Chuck Tender                                $230.41          $2.30         
Knuckle                   4-7 lbs.          $236.19          $5.98         $0.02
Tenderloin                2-3 lbs.          $446.94          $2.37       ($0.01)
Tenderloin                3-4 lbs.          $486.91          $3.60         
Ribeye Roll               4-6 lbs.          $241.00          $2.53         
Ribeye Roll               6-8 lbs.          $251.60          $1.86         $0.01
Ribeye Roll               8up lbs.          $251.41          $1.84         $0.01
Flank Steak                                 $268.35          $1.13         
Kidney, Edible                               $42.50          $0.20         
Fat, inedible                                $29.65          $0.69         
Bone                                          $8.22          $1.97         
--------------------------------------------------------------------------------
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                 32.60  loads --            1,303,995  pounds
Cutter/Canner Cuts                  3.99  loads --              159,670  pounds
Boner/Breaker/Cutter/Canner        26.15  loads --            1,046,015  pounds
100% Lean Items                    33.39  loads --            1,335,681  pounds
Frozen Cuts                         4.50  loads --              179,939  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   33,793   $264.25       
112   Rib, ribeye roll, 8-10 lbs.             43  107,589   $265.58       $0.33
112   Rib, ribeye roll, 10-up lbs.            42   61,807   $281.16       $1.04
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      28   74,234   $282.23    ($10.86)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      21   68,901   $268.59     ($1.58)
      Chuck, boneless 85%                     18  168,312   $217.59       $0.17
120   Chuck, brisket                          34   24,660   $205.26       $8.73
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           31  109,489   $203.71       $1.34
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     30  244,314   $254.92       $0.04
169A  Round, top inside c-off, 14-up lbs.     14   58,777   $258.34     ($0.22)
171B  Round, outside round                     9   49,310   $213.83       
171C  Round, eye of round                     34   36,888   $250.39       $3.79
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.   3   18,240   $253.00       
180   Loin, strip, bnls, 7-9 lbs.                       
180   Loin, strip, bnls, 9-up lbs.            15   24,233   $234.77       $1.54
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  29   53,638   $218.01       $1.93
185A  Loin, bottom sirloin butt flap, bnls.   45  160,719   $264.81       $4.97
191A  Loin, butt tender, peeled                5    6,741   $483.97       
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              46  115,654   $251.20       $1.03
112   Rib, ribeye roll, 8-up lbs.             11   40,416   $249.49     ($0.10)
100% LEAN
      Inside round - Combo                    21  244,243   $277.10       $0.37
      Inside round - Boxed                    48   83,816   $283.06     ($0.15)
      Outside round                            8   25,188   $262.18     ($0.24)
      Eye of round                            27   48,057   $271.45       $0.14
      Flats and eyes - Combo                  26  316,536   $262.53     ($1.04)
      Flats and eyes - Boxed                            
      Striploin                               53  205,491   $301.33       $0.25
      S.P.B. - Combo                          42  412,350   $253.87       $0.04
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30  114,514   $230.41       $0.13
167A  Round, knuckle, peeled                  64  384,473   $236.19       $0.74
190   Loin, tenderloin, 2-3 lbs.              14   22,031   $447.60     ($3.85)
190   Loin, tenderloin, 3-4 lbs.              43   54,876   $480.64     ($0.05)
190   Loin, tenderloin, 4-5 lbs.             114  171,833   $507.48    ($16.17)
190   Loin, tenderloin, 5-up lbs.             57   82,887   $521.37       $0.87
193   Flank, flank steak                      86  123,101   $270.57     ($1.62)
      Flank, rough                            63   92,300   $235.57       $2.99
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    9,696   $266.15     ($0.18)
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    9,550   $256.53       $0.68
112   Rib, ribeye roll, 8-up lbs.
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.               3   16,440   $446.05       $0.71
190   Loin, tenderloin, 3-4 lbs.               7   44,421   $494.65     ($0.50)
190   Loin, tenderloin, 4-5 lbs.                        
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                       6   20,755   $255.20       $0.64
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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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