Comprehensive Boxed Beef Cutout

LM_XB463
Des Moines, IA              April 9, 2012                 USDA Market News

NATIONAL COMPREHENSIVE BOXED BEEF CUTOUT - ALL FED STEER/HEIFER SALES
For Week Ending:    4/6/2012
-------------------------------------------------------------------------------
                     Compre-
                     hensive     Prime  *Branded    Choice    Select  Ungraded
-------------------------------------------------------------------------------
Weekly Cutout Value   183.64    236.23    188.86    182.94    180.73    168.81

Primal Rib            275.21    469.30    287.26    270.57    266.22    226.18
Primal Chuck          146.17    146.39    147.94    146.16    144.52    144.31
Primal Round          157.70    157.25    160.19    157.23    157.51    156.09
Primal Loin           256.70    401.49    269.10    256.39    250.86    216.94
Primal Brisket        128.60    128.30    130.20    128.30    127.85    129.40
Primal Short Plate    133.83    133.83    133.83    133.83    133.83    133.83
Primal Flank          105.97    106.28    107.89    106.27    103.26    105.91
-------------------------------------------------------------------------------
TOTAL LOADS OF PRODUCT REPORTED            7,377

Quality breakdown:
 Prime                    52
 Branded*                947
 Choice                2,203
 Select                1,353
 Ungraded**            2,822
----------------------------
TOTAL                  7,377

Sales type breakdown:
 Negotiated 0-21       2,804
 Negotiated 22/up      1,346
 Formula               3,085
 Forward Contract        142
----------------------------
TOTAL                  7,377

Destination breakdown:
 Domestic              6,210
 NAFTA Exports           207
 Overseas Exports        959
----------------------------
TOTAL                  7,377

-------------------------------------------------------------------------------
*  Includes all Choice branded. (Upper 2/3rds and lower 1/3rd)
** Includes cuts, grinds, and trim.
Source:  USDA Market News Service, Des Moines, IA
515-284-4460    email:  desm.lgmn@usda.gov
www.ams.usda.gov/mnreports/lm_xb463.txt
1000C






.

1. Oil gains moderately, trading sluggish ahead of Fed
2. House cafeterias to discontinue "Meatless Mondays"
3. Crude oil expected to peak and cost of electricity to go down
4. Ag markets mixed again Tuesday
5. Commentary: Doggie daze
6. Recent trends oust Argentina as #1 beef consumer

1. 3,000 pounds of copper wire stolen from Oklahoma ranch
2. Will Smith dethroned in latest Peterson Farm Bros. parody
3. Changes in U.S.-Mexican cattle and beef trade
4. Experts weigh in on lowest beef supply in 60 years
5. Pasture and range conditions improve
6. Expert offers tips to reduce hay-drying time

1. NIAA releases white paper on FMD preparedness
2. COOL isn’t working
3. Feedyard margins a train wreck, packers cozy
4. Finding the comedy in ag-gag
5. Vilsack: A bill to grow local, regional markets
6. Expert offers tips to reduce hay-drying time