Cutter Cow Cutout & Boxed Cow Beef Cuts

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LM_XB461
Des Moines, IA                  Fri, May 25, 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:                $179.11
Change from prior day:                 $0.31
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Item                                           Price         Value        Change
90% lean                                     $230.00       $128.43         $0.63
100% lean inside round                       $283.08         $6.57       ($0.06)
100% lean, flats and eyes                    $271.69         $6.30       ($0.06)
100% lean, S.P.B.                            $259.24        $12.96         $0.03
Chuck Tender                                 $235.44         $2.35       ($0.01)
Knuckle                   4-7 lbs.           $245.40         $6.21       ($0.01)
Tenderloin                2-3 lbs.           $445.77         $2.36       ($0.01)
Tenderloin                3-4 lbs.           $489.14         $3.62         $0.01
Ribeye Roll               4-6 lbs.           $240.00         $2.52       ($0.21)
Ribeye Roll               6-8 lbs.           $253.74         $1.88         $0.01
Ribeye Roll               8up lbs.           $250.42         $1.83         $0.01
Flank Steak                                  $246.83         $1.04         $0.04
Kidney, Edible                                $37.67         $0.17         
Fat, inedible                                 $33.00         $0.77         
Bone                                           $8.74         $2.10       ($0.06)
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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                  48.11   loads --         1,924,230   pounds
Cutter/Canner Cuts                   6.60   loads --           264,173   pounds
Boner/Breaker/Cutter/Canner         32.51   loads --         1,300,515   pounds
100% Lean Items                     35.36   loads --         1,414,425   pounds
Frozen Cuts                          4.73   loads --           189,106   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.              20   57,414   $264.67    ($10.50)
112   Rib, ribeye roll, 8-10 lbs.             66  180,760   $282.77       $0.15
112   Rib, ribeye roll, 10-up lbs.            49   71,052   $283.53       $4.93
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      32   48,604   $381.84      $12.90
112A  Rib, ribeye roll-lip-on, 8-up lbs.      17   31,328   $313.32      $13.49
      Chuck, boneless 85%                     11   74,242   $224.86     ($1.22)
120   Chuck, brisket                          25   45,111   $208.29    ($13.13)
168   Round, top inside, 10-dn lbs.            4   28,000   $220.03
168   Round, top inside, 10-up lbs.           55  161,900   $230.62     ($4.56)
169A  Round, top inside c-off, 8-10 lbs.       5   15,690   $266.02
169A  Round, top inside c-off, 10-14 lbs.     82  701,477   $261.52       $3.27
169A  Round, top inside c-off, 14-up lbs.     19   57,547   $265.75       $4.78
171B  Round, outside round                    20  107,679   $233.38       $4.84
171C  Round, eye of round                     37   64,342   $248.98       $8.36
      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   14,024   $241.49      $16.42
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  35   75,054   $238.14       $1.70
185A  Loin, bottom sirloin butt flap, bnls.   48  189,506   $266.30      $15.23
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              63  135,807   $255.44     ($0.42)
112   Rib, ribeye roll, 8-up lbs.             23  128,366   $250.67       $1.82
100% LEAN
      Inside round - Combo                    26  161,029   $277.15     ($8.53)
      Inside round - Boxed                    59  151,828   $289.36       $3.89
      Outside round                            8   41,715   $274.47
      Eye of round                            15   27,756   $278.72     ($1.16)
      Flats and eyes - Combo                  33  359,842   $270.82     ($2.89)
      Flats and eyes - Boxed                            
      Striploin                               56  212,812   $282.09       $0.01
      S.P.B. - Combo                          47  459,443   $259.24       $0.66
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     41  127,112   $235.44     ($0.19)
167A  Round, knuckle, peeled                  82  438,003   $245.40     ($0.49)
190   Loin, tenderloin, 2-3 lbs.              28   44,056   $445.77     ($1.52)
190   Loin, tenderloin, 3-4 lbs.              48   90,724   $489.14       $1.72
190   Loin, tenderloin, 4-5 lbs.             161  213,577   $524.57       $2.79
190   Loin, tenderloin, 5-up lbs.             55  117,338   $534.16     ($1.86)
193   Flank, flank steak                     103  158,705   $260.27    ($10.24)
      Flank, rough                            67  111,000   $241.51       $6.92
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   25,772   $267.35       $9.23
112   Rib, ribeye roll, 8-10 lbs.              5   29,924   $255.94     ($6.32)
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.             6    7,020   $270.04     ($0.38)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.               6   30,536   $246.16     ($0.91)
112   Rib, ribeye roll, 8-up lbs.              3   14,584   $248.24
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                      20   74,177   $218.07      $13.27
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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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