Cutter Cow Cutout & Boxed Cow Beef Cuts - Morning

LM_XB404
Des Moines, IA                 Thu, Jan 31, 2013                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:               $165.79
Change from prior day:                $0.63
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $213.07        $118.98         $0.62
100% lean inside round                      $256.27          $5.95         $0.01
100% lean, flats and eyes                   $242.67          $5.63       ($0.02)
100% lean, S.P.B.                           $236.00         $11.80         $0.05
Chuck Tender                                $228.98          $2.29         
Knuckle                   4-7 lbs.          $237.71          $6.01       ($0.06)
Tenderloin                2-3 lbs.          $408.12          $2.16         
Tenderloin                3-4 lbs.          $449.23          $3.32         $0.02
Ribeye Roll               4-6 lbs.          $251.01          $2.64         
Ribeye Roll               6-8 lbs.          $252.35          $1.87         
Ribeye Roll               8up lbs.          $251.44          $1.84       ($0.01)
Flank Steak                                 $231.65          $0.97         $0.02
Kidney, Edible                               $29.83          $0.14         
Fat, inedible                                $25.12          $0.58         
Bone                                          $6.71          $1.61         
--------------------------------------------------------------------------------
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                 34.93  loads --            1,397,353  pounds
Cutter/Canner Cuts                  3.24  loads --              129,433  pounds
Boner/Breaker/Cutter/Canner        25.59  loads --            1,023,696  pounds
100% Lean Items                    39.72  loads --            1,588,961  pounds
Frozen Cuts                         8.57  loads --              342,936  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              15   17,252   $285.85       $2.62
112   Rib, ribeye roll, 8-10 lbs.             68  195,598   $289.55     ($1.15)
112   Rib, ribeye roll, 10-up lbs.            51   95,182   $288.66     ($2.09)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      35   69,880   $285.26       $1.07
112A  Rib, ribeye roll-lip-on, 8-up lbs.      22   36,265   $282.14     ($2.33)
      Chuck, boneless 85%
120   Chuck, brisket                          16   19,675   $201.92     ($2.10)
168   Round, top inside, 10-dn lbs.                     
168   Round, top inside, 10-up lbs.           25   84,871   $229.83       $6.61
169A  Round, top inside c-off, 8-10 lbs.       3   17,700   $256.22       $0.89
169A  Round, top inside c-off, 10-14 lbs.     34  459,547   $255.85       $3.03
169A  Round, top inside c-off, 14-up lbs.      6   49,625   $251.00     ($0.51)
171B  Round, outside round                    17   66,919   $227.96     ($3.90)
171C  Round, eye of round                     40   64,009   $245.38       $3.08
      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.            22   52,974   $232.49       $2.92
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  21   45,819   $212.76     ($0.45)
185A  Loin, bottom sirloin butt flap, bnls.   36  104,137   $230.47     ($4.13)
191A  Loin, butt tender, peeled                6    3,900   $493.00       
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              27   53,987   $261.49     ($0.39)
112   Rib, ribeye roll, 8-up lbs.             22   75,446   $249.98     ($1.92)
100% LEAN
      Inside round - Combo                    31  464,550   $252.99       $0.69
      Inside round - Boxed                    39   83,503   $274.50       $0.30
      Outside round                            9   41,238   $252.86       
      Eye of round                            22   19,551   $259.67     ($2.34)
      Flats and eyes - Combo                  16  455,281   $241.01     ($0.38)
      Flats and eyes - Boxed                            
      Striploin                               55  153,550   $289.03       $1.91
      S.P.B. - Combo                          37  371,288   $236.00       $1.06
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     38  123,553   $228.98       $0.32
167A  Round, knuckle, peeled                  50  218,984   $237.71     ($2.22)
190   Loin, tenderloin, 2-3 lbs.              13   11,358   $411.83       $1.88
190   Loin, tenderloin, 3-4 lbs.              41   88,215   $448.19       $3.86
190   Loin, tenderloin, 4-5 lbs.             145  272,625   $468.30     ($2.80)
190   Loin, tenderloin, 5-up lbs.             46   62,198   $481.37       $4.05
193   Flank, flank steak                     105  132,079   $243.54     ($0.48)
      Flank, rough                            60  114,684   $230.54     ($1.67)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   56,736   $281.93       $0.35
112   Rib, ribeye roll, 8-10 lbs.              7   54,500   $251.79       $0.12
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.             5   19,051   $208.33       $8.91
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   25,680   $251.01       
112   Rib, ribeye roll, 6-8 lbs.              12   73,094   $245.60       $0.59
112   Rib, ribeye roll, 8-up lbs.
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                      27   90,329   $214.27      $11.42
--------------------------------------------------------------------------------
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
1130C

.

1. U.S. cattle placements rise in April as feed costs subside
2. Beef bull management refresher
3. Beef research and resources update
4. Workshop to discuss nutrient application, management, stewardship
5. Help for flood affected farmers
6. Representative Lucas discusses new Farm Bill

1. Senate committee to consider ag workers, E-verify next week
2. Domestic ethanol production starts to grow again
3. Ag markets diverged significantly Friday afternoon
4. The relationship between retail gasoline prices and futures prices
5. New school lunch beef recipes win approval from kids, foodservice
6. Insects. They’re what’s for dinner!

1. Insects. They’re what’s for dinner!
2. Tyson selects panel to monitor animal welfare program
3. World food supply depends on character, virtuous leadership
4. Commentary: Slanting the statistics
5. Buffet concerned about soil and starvation
6. Cold spring stunts upper Midwest hay crop