Cutter Cow Cutout & Boxed Cow Beef Cuts - Morning

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LM_XB404
Des Moines, IA                 Tue, Aug 19, 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 - 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:               $231.75
Change from prior day:              ($0.92)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $295.78        $165.16       ($0.77)
100% lean inside round                      $357.98          $8.31         $0.01
100% lean, flats and eyes                   $346.40          $8.04         $0.02
100% lean, S.P.B.                           $344.32         $17.22         $0.05
Chuck Tender                                $321.76          $3.22         $0.01
Knuckle                   4-7 lbs.          $332.38          $8.41       ($0.16)
Tenderloin                2-3 lbs.          $530.96          $2.81       ($0.01)
Tenderloin                3-4 lbs.          $591.20          $4.37       ($0.04)
Ribeye Roll               4-6 lbs.          $381.25          $4.00         
Ribeye Roll               6-8 lbs.          $389.61          $2.88       ($0.02)
Ribeye Roll               8up lbs.          $392.95          $2.87       ($0.02)
Flank Steak                                 $358.17          $1.50         $0.01
Kidney, Edible                               $36.68          $0.17         
Fat, inedible                                $25.63          $0.59         
Bone                                          $9.15          $2.20         
--------------------------------------------------------------------------------
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                 18.13  loads --              725,338  pounds
Cutter/Canner Cuts                  4.79  loads --              191,428  pounds
Boner/Breaker/Cutter/Canner        21.58  loads --              863,090  pounds
100% Lean Items                    26.16  loads --            1,046,461  pounds
Frozen Cuts                         2.97  loads --              118,728  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11   12,490   $445.21       $3.42
112   Rib, ribeye roll, 8-10 lbs.             45  115,712   $461.11     ($0.64)
112   Rib, ribeye roll, 10-up lbs.            44   47,360   $475.79     ($4.60)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      15   11,155   $567.29      $12.20
112A  Rib, ribeye roll-lip-on, 8-up lbs.       7    5,242   $526.92    ($19.70)
      Chuck, boneless 85%                      9  121,637   $275.19       
120   Chuck, brisket                          10   19,010   $279.85     ($3.06)
168   Round, top inside, 10-dn lbs.            5   15,157   $328.48       $0.22
168   Round, top inside, 10-up lbs.           16   66,083   $318.54       $2.43
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     11   73,737   $341.17     ($0.39)
169A  Round, top inside c-off, 14-up lbs.      4    6,043   $348.15     ($1.07)
171B  Round, outside round                     8   52,976   $342.19       $3.85
171C  Round, eye of round                     17   29,178   $340.80       $6.56
      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.            11   27,397   $342.93       $0.22
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  18   24,493   $322.86     ($6.01)
185A  Loin, bottom sirloin butt flap, bnls.   26   94,218   $349.35     ($5.03)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              37   96,750   $379.50     ($7.36)
112   Rib, ribeye roll, 8-up lbs.             26   88,578   $391.38     ($3.94)
100% LEAN
      Inside round - Combo                    20  228,737   $353.44       $0.33
      Inside round - Boxed                    35  118,025   $366.79       $1.36
      Outside round                            6   22,843   $341.67       
      Eye of round                            11   18,955   $351.03       $0.29
      Flats and eyes - Combo                  28  250,951   $346.48       $0.62
      Flats and eyes - Boxed                            
      Striploin                               45  120,190   $401.58       $7.94
      S.P.B. - Combo                          23  286,760   $344.32       $0.96
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     29  111,656   $321.76       $1.25
167A  Round, knuckle, peeled                  46  368,995   $332.38     ($6.52)
190   Loin, tenderloin, 2-3 lbs.              21   21,758   $530.96     ($0.81)
190   Loin, tenderloin, 3-4 lbs.              32   50,897   $591.20     ($5.25)
190   Loin, tenderloin, 4-5 lbs.             109  143,146   $645.25     ($4.09)
190   Loin, tenderloin, 5-up lbs.             27   31,794   $670.27      $18.28
193   Flank, flank steak                      74   75,972   $382.46      $10.81
      Flank, rough                            24   58,872   $334.97       $1.58
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              5   12,150   $418.31       
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.               3   46,125   $410.80
112   Rib, ribeye roll, 8-up lbs.              5   34,220   $397.00       
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                       8   23,113   $278.31    ($23.88)
--------------------------------------------------------------------------------
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
1130C

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