Cutter Cow Cutout & Boxed Cow Beef Cuts - Morning

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LM_XB404
Des Moines, IA                 Thu, Sep 19, 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:               $160.90
Change from prior day:              ($2.17)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $199.99        $111.67       ($2.18)
100% lean inside round                      $279.04          $6.47       ($0.01)
100% lean, flats and eyes                   $267.92          $6.22         $0.04
100% lean, S.P.B.                           $261.37         $13.07         $0.01
Chuck Tender                                $222.82          $2.23         
Knuckle                   4-7 lbs.          $229.46          $5.81         
Tenderloin                2-3 lbs.          $392.99          $2.08       ($0.04)
Tenderloin                3-4 lbs.          $426.29          $3.15         $0.04
Ribeye Roll               4-6 lbs.          $239.94          $2.52         
Ribeye Roll               6-8 lbs.          $252.64          $1.87       ($0.01)
Ribeye Roll               8up lbs.          $243.52          $1.78       ($0.01)
Flank Steak                                 $264.69          $1.11       ($0.01)
Kidney, Edible                               $28.00          $0.13         
Fat, inedible                                $26.97          $0.63         
Bone                                          $9.02          $2.16         
--------------------------------------------------------------------------------
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                 40.63  loads --            1,625,147  pounds
Cutter/Canner Cuts                  5.20  loads --              207,854  pounds
Boner/Breaker/Cutter/Canner        30.69  loads --            1,227,795  pounds
100% Lean Items                    34.80  loads --            1,391,862  pounds
Frozen Cuts                         4.74  loads --              189,634  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              13   38,879   $269.68     ($0.94)
112   Rib, ribeye roll, 8-10 lbs.             63  190,110   $287.83     ($0.87)
112   Rib, ribeye roll, 10-up lbs.            49   85,466   $305.54     ($0.85)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      26   14,928   $443.29     ($5.55)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      17   47,545   $331.35      $12.04
      Chuck, boneless 85%                     10  182,989   $183.42       
120   Chuck, brisket                          23   22,605   $206.42     ($3.29)
168   Round, top inside, 10-dn lbs.                     
168   Round, top inside, 10-up lbs.           29  101,268   $222.29       $4.11
169A  Round, top inside c-off, 8-10 lbs.       5   21,904   $266.81       $0.24
169A  Round, top inside c-off, 10-14 lbs.     38  268,231   $265.65       $0.13
169A  Round, top inside c-off, 14-up lbs.      9   49,536   $269.47       
171B  Round, outside round                    13   59,786   $231.54     ($2.06)
171C  Round, eye of round                     25   35,725   $254.11     ($2.18)
      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.            58  311,390   $221.28    ($15.86)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  34   71,355   $215.38       $0.97
185A  Loin, bottom sirloin butt flap, bnls.   37  123,430   $242.51       $0.60
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3    7,452   $239.94       
112   Rib, ribeye roll, 6-8 lbs.              32   72,084   $259.94       $0.61
112   Rib, ribeye roll, 8-up lbs.             22  128,318   $246.17     ($2.24)
100% LEAN
      Inside round - Combo                    22  229,379   $275.29     ($1.35)
      Inside round - Boxed                    42   68,684   $291.57       $0.14
      Outside round
      Eye of round                            10   37,373   $277.98       $0.94
      Flats and eyes - Combo                  34  419,023   $266.89       $1.31
      Flats and eyes - Boxed                            
      Striploin                               52  126,233   $324.16       $0.39
      S.P.B. - Combo                          29  494,615   $261.37       $0.27
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     37  145,214   $222.82     ($0.21)
167A  Round, knuckle, peeled                  57  473,086   $229.46     ($0.09)
190   Loin, tenderloin, 2-3 lbs.              14   14,185   $406.38     ($4.29)
190   Loin, tenderloin, 3-4 lbs.              34   34,973   $426.29       $6.45
190   Loin, tenderloin, 4-5 lbs.             159  296,057   $513.53     ($4.79)
190   Loin, tenderloin, 5-up lbs.             46   57,798   $498.79       $5.69
193   Flank, flank steak                     108  126,161   $283.13       $1.13
      Flank, rough                            50   80,321   $243.35       $1.35
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10   31,858   $268.50     ($8.75)
112   Rib, ribeye roll, 8-10 lbs.              6    7,514   $267.64     ($1.58)
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.               8   46,466   $241.31       $3.17
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                      16   56,080   $223.22       $3.57
--------------------------------------------------------------------------------
Source:    USDA Market News Service, Des Moines, IA
           515-284-4460      email:  desm.lpgmn@usda.gov
           24 Hour recorded market information 515-284-4830
           http://www.ams.usda.gov/LSMarketNews
1130C

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