Cutter Cow Cutout & Boxed Cow Beef Cuts - Morning

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LM_XB404
Des Moines, IA                 Tue, Apr 10, 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
--------------------------------------------------------------------------------
Current-Cutout Value:               $172.49
Change from prior day:                $1.15
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $220.53        $123.14         $0.86
100% lean inside round                      $268.29          $6.22         
100% lean, flats and eyes                   $261.54          $6.07       ($0.09)
100% lean, S.P.B.                           $252.16         $12.61         $0.03
Chuck Tender                                $220.66          $2.21       ($0.01)
Knuckle                   4-7 lbs.          $236.17          $5.98         $0.04
Tenderloin                2-3 lbs.          $446.88          $2.37         
Tenderloin                3-4 lbs.          $479.91          $3.55         $0.05
Ribeye Roll               4-6 lbs.          $268.00          $2.81         $0.28
Ribeye Roll               6-8 lbs.          $246.68          $1.83         
Ribeye Roll               8up lbs.          $248.62          $1.81         
Flank Steak                                 $255.76          $1.07       ($0.01)
Kidney, Edible                               $39.50          $0.18         
Fat, inedible                                $31.66          $0.73         
Bone                                          $7.94          $1.91         
--------------------------------------------------------------------------------
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                 33.33  loads --            1,333,249  pounds
Cutter/Canner Cuts                  3.47  loads --              138,633  pounds
Boner/Breaker/Cutter/Canner        21.17  loads --              846,943  pounds
100% Lean Items                    29.17  loads --            1,166,997  pounds
Frozen Cuts                         2.87  loads --              114,924  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10   59,624   $261.73     ($0.85)
112   Rib, ribeye roll, 8-10 lbs.             52  114,032   $264.44       $1.09
112   Rib, ribeye roll, 10-up lbs.            35   43,543   $266.87       $1.36
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      35   55,366   $304.03     ($2.06)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      22   57,741   $264.61       $0.23
      Chuck, boneless 85%                     17  121,861   $211.96       $0.23
120   Chuck, brisket                          23   19,130   $209.59      $10.16
168   Round, top inside, 10-dn lbs.                     
168   Round, top inside, 10-up lbs.           29  101,441   $214.91       $1.17
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     41  332,534   $256.21       $0.84
169A  Round, top inside c-off, 14-up lbs.     15   92,688   $253.15     ($1.23)
171B  Round, outside round                    13   70,154   $213.10       $1.63
171C  Round, eye of round                     46   65,354   $242.81     ($0.49)
      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.            13   20,288   $238.37       $0.06
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  30   96,834   $191.47    ($10.00)
185A  Loin, bottom sirloin butt flap, bnls.   33   80,379   $263.96     ($2.58)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              38   86,978   $246.46     ($0.47)
112   Rib, ribeye roll, 8-up lbs.             13   51,655   $248.62       $0.15
100% LEAN
      Inside round - Combo                    17  251,952   $266.34       $0.43
      Inside round - Boxed                    36   45,886   $278.97     ($0.03)
      Outside round                           11   49,774   $263.77       $0.53
      Eye of round                            14   26,553   $266.21       $0.12
      Flats and eyes - Combo                  21  198,830   $260.36     ($5.39)
      Flats and eyes - Boxed                            
      Striploin                               41  149,506   $303.22     ($2.59)
      S.P.B. - Combo                          46  444,496   $252.16       $0.54
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31  115,002   $220.66     ($1.35)
167A  Round, knuckle, peeled                  71  284,041   $236.17       $1.41
190   Loin, tenderloin, 2-3 lbs.              10   26,206   $446.88     ($0.71)
190   Loin, tenderloin, 3-4 lbs.              28   49,280   $479.56       $7.18
190   Loin, tenderloin, 4-5 lbs.              94  126,766   $511.75     ($6.04)
190   Loin, tenderloin, 5-up lbs.             33   53,745   $498.61       $9.19
193   Flank, flank steak                      85  102,413   $261.04     ($0.08)
      Flank, rough                            59   89,490   $225.12     ($4.71)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   24,489   $273.10     ($0.12)
112   Rib, ribeye roll, 8-10 lbs.              3   33,855   $262.75     ($0.02)
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.
112   Rib, ribeye roll, 8-up lbs.                       
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.                        
190   Loin, tenderloin, 3-4 lbs.               4    3,540   $484.75
190   Loin, tenderloin, 4-5 lbs.                        
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      15   30,365   $237.94     ($2.16)
--------------------------------------------------------------------------------
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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