Cutter Cow Cutout & Boxed Cow Beef Cuts

LM_XB461
Des Moines, IA                  Fri, May 11, 2012               USDA Market News

NATIONAL WEEKLY CUTTER COW CUTOUT AND BOXED COW BEEF CUTS
USDA ESTIMATE CUTTER COW CARCASS CUT-OUT VALUE - Negotiated Sales

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:                $178.28
Change from prior day:                 $1.14
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Item                                           Price         Value        Change
90% lean                                     $227.97       $127.30         $0.89
100% lean inside round                       $285.47         $6.62         $0.09
100% lean, flats and eyes                    $275.15         $6.38         $0.04
100% lean, S.P.B.                            $258.53        $12.93         $0.10
Chuck Tender                                 $237.55         $2.38         $0.02
Knuckle                   4-7 lbs.           $244.23         $6.18         $0.04
Tenderloin                2-3 lbs.           $434.30         $2.30       ($0.09)
Tenderloin                3-4 lbs.           $489.75         $3.62         $0.04
Ribeye Roll               4-6 lbs.           $259.52         $2.73         $0.10
Ribeye Roll               6-8 lbs.           $252.55         $1.87       ($0.01)
Ribeye Roll               8up lbs.           $253.16         $1.85         $0.06
Flank Steak                                  $239.33         $1.01       ($0.17)
Kidney, Edible                                $37.14         $0.17       ($0.02)
Fat, inedible                                 $32.33         $0.75         
Bone                                           $9.12         $2.19         $0.05
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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                  52.07   loads --         2,082,911   pounds
Cutter/Canner Cuts                   3.61   loads --           144,304   pounds
Boner/Breaker/Cutter/Canner         27.58   loads --         1,103,361   pounds
100% Lean Items                     40.88   loads --         1,635,019   pounds
Frozen Cuts                          9.23   loads --           369,284   pounds
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IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Week
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              15   37,465   $260.74    ($11.97)
112   Rib, ribeye roll, 8-10 lbs.             71  219,818   $278.25       $6.96
112   Rib, ribeye roll, 10-up lbs.            44  110,828   $275.45     ($3.18)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      52   77,572   $356.80      $22.35
112A  Rib, ribeye roll-lip-on, 8-up lbs.      17   31,667   $295.71     ($3.48)
      Chuck, boneless 85%                     18  205,326   $222.54       $0.58
120   Chuck, brisket                          30   30,384   $204.94     ($5.19)
168   Round, top inside, 10-dn lbs.            4    8,749   $204.70
168   Round, top inside, 10-up lbs.           37  120,124   $225.10      $11.97
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     71  638,730   $258.53     ($0.65)
169A  Round, top inside c-off, 14-up lbs.     20  103,791   $258.95     ($3.21)
171B  Round, outside round                    13   84,745   $226.87       $3.35
171C  Round, eye of round                     48   83,348   $235.37     ($0.71)
      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.            26   62,878   $224.58      $16.48
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  33   93,186   $224.08     ($0.95)
185A  Loin, bottom sirloin butt flap, bnls.   42  171,477   $254.21       $2.92
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              38  106,346   $255.80       $1.96
112   Rib, ribeye roll, 8-up lbs.             17   37,958   $259.31      $14.33
100% LEAN
      Inside round - Combo                    31  302,956   $285.11       $4.51
      Inside round - Boxed                    41   40,996   $288.14       $2.09
      Outside round                            5   32,120   $279.78      $12.52
      Eye of round                            14   20,356   $276.09     ($0.57)
      Flats and eyes - Combo                  30  450,447   $274.77       $0.43
      Flats and eyes - Boxed                            
      Striploin                               54  246,739   $283.77     ($5.13)
      S.P.B. - Combo                          49  541,405   $258.53       $1.85
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33   79,768   $237.55       $1.92
167A  Round, knuckle, peeled                  72  361,104   $244.23       $1.65
190   Loin, tenderloin, 2-3 lbs.              21   36,135   $441.65     ($9.04)
190   Loin, tenderloin, 3-4 lbs.              46   79,181   $489.75       $5.33
190   Loin, tenderloin, 4-5 lbs.             156  223,963   $540.98      $20.72
190   Loin, tenderloin, 5-up lbs.             47   49,639   $532.74      $17.00
193   Flank, flank steak                     113  173,547   $274.98     ($7.91)
      Flank, rough                            69  100,024   $237.48       $4.98
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   13,722   $265.71      $11.82
112   Rib, ribeye roll, 8-10 lbs.              6   46,221   $253.59
112   Rib, ribeye roll, 10-up lbs.             4   26,154   $268.77
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.             4   10,400   $236.91
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   26,346   $259.52
112   Rib, ribeye roll, 6-8 lbs.               5   43,055   $244.52    ($12.62)
112   Rib, ribeye roll, 8-up lbs.              3   24,940   $243.81       $0.29
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                      31   88,861   $169.70
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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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