Cutter Cow Cutout & Boxed Cow Beef Cuts - Morning

LM_XB404
Des Moines, IA                 Mon, Apr 23, 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
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Current-Cutout Value:               $174.95
Change from prior day:                $0.53
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Item                                          Price          Value        Change
90% lean                                    $223.73        $124.93         $0.21
100% lean inside round                      $279.74          $6.49         $0.02
100% lean, flats and eyes                   $264.77          $6.14         $0.02
100% lean, S.P.B.                           $254.54         $12.73         $0.03
Chuck Tender                                $230.52          $2.31         $0.01
Knuckle                   4-7 lbs.          $236.72          $5.99         $0.03
Tenderloin                2-3 lbs.          $450.26          $2.39         $0.02
Tenderloin                3-4 lbs.          $488.54          $3.62         $0.03
Ribeye Roll               4-6 lbs.          $241.00          $2.53         
Ribeye Roll               6-8 lbs.          $252.27          $1.87         $0.01
Ribeye Roll               8up lbs.          $248.97          $1.82         
Flank Steak                                 $271.87          $1.14         $0.02
Kidney, Edible                               $40.00          $0.18       ($0.02)
Fat, inedible                                $30.32          $0.70         $0.01
Bone                                          $8.78          $2.11         $0.14
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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                 30.88  loads --            1,235,103  pounds
Cutter/Canner Cuts                  4.39  loads --              175,663  pounds
Boner/Breaker/Cutter/Canner        19.18  loads --              767,340  pounds
100% Lean Items                    28.89  loads --            1,155,563  pounds
Frozen Cuts                         4.04  loads --              161,451  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   33,448   $264.14     ($0.25)
112   Rib, ribeye roll, 8-10 lbs.             40   96,757   $266.39       $0.63
112   Rib, ribeye roll, 10-up lbs.            37   38,539   $282.42       $1.06
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      26   62,955   $275.10     ($7.38)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      20   59,232   $268.41       $0.30
      Chuck, boneless 85%                     18  164,343   $217.10     ($0.49)
120   Chuck, brisket                          33   24,420   $204.24     ($1.02)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           31  130,669   $212.50       $8.83
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     29  247,410   $254.92       
169A  Round, top inside c-off, 14-up lbs.     15   59,102   $258.41       
171B  Round, outside round                     7   38,947   $215.02       $1.19
171C  Round, eye of round                     30   37,172   $251.51       $3.31
      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.            11   18,242   $232.58     ($2.45)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  27   41,002   $214.79     ($2.82)
185A  Loin, bottom sirloin butt flap, bnls.   43  155,534   $265.39     ($0.32)
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.              41  116,856   $251.98       $0.64
112   Rib, ribeye roll, 8-up lbs.             14   55,207   $247.77       $0.24
100% LEAN
      Inside round - Combo                    20  278,978   $278.71       $1.10
      Inside round - Boxed                    51   91,745   $282.88     ($0.28)
      Outside round                            9   41,988   $263.31       
      Eye of round                            23   42,165   $271.61       $0.16
      Flats and eyes - Combo                  20  214,323   $263.71       $1.17
      Flats and eyes - Boxed                            
      Striploin                               44  168,790   $296.69     ($4.68)
      S.P.B. - Combo                          36  317,574   $254.54       $0.57
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     27   71,586   $230.52       $0.42
167A  Round, knuckle, peeled                  64  190,132   $236.72       $1.11
190   Loin, tenderloin, 2-3 lbs.              13   20,959   $453.56       $4.88
190   Loin, tenderloin, 3-4 lbs.              36   40,355   $481.81       $3.60
190   Loin, tenderloin, 4-5 lbs.              98  152,145   $513.48       $8.84
190   Loin, tenderloin, 5-up lbs.             55   80,276   $518.37       $1.16
193   Flank, flank steak                      81  107,719   $273.39       $3.76
      Flank, rough                            56  104,168   $235.36       $1.29
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    8,791   $266.45       $0.30
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.               5    9,175   $255.98     ($0.55)
112   Rib, ribeye roll, 8-up lbs.
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.               3   16,440   $446.05       
190   Loin, tenderloin, 3-4 lbs.               7   44,421   $494.65       
190   Loin, tenderloin, 4-5 lbs.                        
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                       3    9,955   $255.45       $0.25
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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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