Cutter Cow Cutout & Boxed Cow Beef Cuts - Morning

LM_XB404
Des Moines, IA                 Wed, May 02, 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:               $176.92
Change from prior day:                $0.01
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Item                                          Price          Value        Change
90% lean                                    $225.93        $126.16         
100% lean inside round                      $283.49          $6.58         
100% lean, flats and eyes                   $270.11          $6.27       ($0.01)
100% lean, S.P.B.                           $256.20         $12.81         $0.01
Chuck Tender                                $235.38          $2.35       ($0.01)
Knuckle                   4-7 lbs.          $242.61          $6.14         $0.03
Tenderloin                2-3 lbs.          $450.42          $2.39         $0.01
Tenderloin                3-4 lbs.          $483.26          $3.58       ($0.01)
Ribeye Roll               4-6 lbs.          $250.63          $2.63         
Ribeye Roll               6-8 lbs.          $262.02          $1.94         
Ribeye Roll               8up lbs.          $246.68          $1.80       ($0.01)
Flank Steak                                 $283.03          $1.19         
Kidney, Edible                               $40.33          $0.19         
Fat, inedible                                $32.33          $0.75         
Bone                                          $8.90          $2.14         
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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                 23.74  loads --              949,629  pounds
Cutter/Canner Cuts                  4.21  loads --              168,460  pounds
Boner/Breaker/Cutter/Canner        22.77  loads --              910,739  pounds
100% Lean Items                    33.74  loads --            1,349,792  pounds
Frozen Cuts                         2.55  loads --              101,977  pounds
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IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
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BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   20,873   $264.25       $2.75
112   Rib, ribeye roll, 8-10 lbs.             45  133,881   $272.52     ($0.35)
112   Rib, ribeye roll, 10-up lbs.            45   56,215   $284.87     ($0.72)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      27   47,584   $326.25       $3.56
112A  Rib, ribeye roll-lip-on, 8-up lbs.       8   15,354   $299.05       $9.18
      Chuck, boneless 85%                     11   80,486   $219.00     ($0.83)
120   Chuck, brisket                          22   19,215   $200.08       $8.24
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           16   46,620   $216.02     ($2.20)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     28  138,600   $261.78       $1.98
169A  Round, top inside c-off, 14-up lbs.     14   91,143   $263.27       $2.39
171B  Round, outside round                     9   46,669   $222.79     ($0.02)
171C  Round, eye of round                     41   60,778   $246.09       $3.61
      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.             7   19,164   $207.77       
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  21   64,298   $226.27       $1.39
185A  Loin, bottom sirloin butt flap, bnls.   34   93,609   $267.54     ($6.62)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              38  103,757   $262.92       $0.82
112   Rib, ribeye roll, 8-up lbs.              9   64,703   $248.33     ($0.22)
100% LEAN
      Inside round - Combo                    24  275,577   $282.12     ($0.44)
      Inside round - Boxed                    37   75,992   $288.49       $0.90
      Outside round                           12   36,760   $267.18       $0.21
      Eye of round                            16   23,684   $270.95     ($0.83)
      Flats and eyes - Combo                  22  282,156   $270.42     ($0.49)
      Flats and eyes - Boxed                            
      Striploin                               41  141,015   $296.55     ($2.55)
      S.P.B. - Combo                          43  514,608   $256.20       $0.14
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31  114,154   $235.38     ($0.27)
167A  Round, knuckle, peeled                  53  273,507   $242.61       $1.22
190   Loin, tenderloin, 2-3 lbs.              11   15,177   $451.22       $1.86
190   Loin, tenderloin, 3-4 lbs.              45   82,725   $483.24     ($2.18)
190   Loin, tenderloin, 4-5 lbs.              99  144,588   $519.67       $4.03
190   Loin, tenderloin, 5-up lbs.             42   53,106   $524.47     ($1.67)
193   Flank, flank steak                      79  103,056   $284.51       $1.57
      Flank, rough                            59  124,426   $233.45       $0.28
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.
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.               7   31,629   $259.05     ($1.25)
112   Rib, ribeye roll, 8-up lbs.              3   15,168   $239.61
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                       4    6,900   $260.91     ($1.27)
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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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