Cutter Cow Cutout & Boxed Cow Beef Cuts - Morning

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LM_XB404
Des Moines, IA                 Thu, Nov 14, 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:               $156.09
Change from prior day:                $0.32
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $191.92        $107.17         $0.28
100% lean inside round                      $278.68          $6.47         $0.04
100% lean, flats and eyes                   $267.34          $6.20         
100% lean, S.P.B.                           $263.50         $13.18         $0.06
Chuck Tender                                $227.72          $2.28         
Knuckle                   4-7 lbs.          $219.75          $5.56       ($0.07)
Tenderloin                2-3 lbs.          $419.62          $2.22       ($0.02)
Tenderloin                3-4 lbs.          $442.32          $3.27         $0.07
Ribeye Roll               4-6 lbs.          $231.00          $2.43         
Ribeye Roll               6-8 lbs.          $252.40          $1.87         $0.01
Ribeye Roll               8up lbs.          $253.74          $1.85       ($0.05)
Flank Steak                                 $253.97          $1.07         
Kidney, Edible                               $28.21          $0.13         
Fat, inedible                                $22.11          $0.51         
Bone                                          $7.84          $1.88         
--------------------------------------------------------------------------------
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                 33.10  loads --            1,323,882  pounds
Cutter/Canner Cuts                  1.82  loads --               72,858  pounds
Boner/Breaker/Cutter/Canner        22.36  loads --              894,570  pounds
100% Lean Items                    30.64  loads --            1,225,606  pounds
Frozen Cuts                         4.54  loads --              181,799  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   51,994   $258.12       $0.02
112   Rib, ribeye roll, 8-10 lbs.             70  214,944   $277.06     ($4.17)
112   Rib, ribeye roll, 10-up lbs.            56   93,734   $284.47     ($2.22)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      21   10,774   $401.02     ($0.33)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      11   24,012   $289.71     ($0.14)
      Chuck, boneless 85%
120   Chuck, brisket                          17   13,617   $210.52       $3.31
168   Round, top inside, 10-dn lbs.            4    7,408   $271.10       
168   Round, top inside, 10-up lbs.           19   46,892   $228.07     ($5.32)
169A  Round, top inside c-off, 8-10 lbs.       5   15,410   $268.67       $0.29
169A  Round, top inside c-off, 10-14 lbs.     35  349,895   $265.25     ($0.11)
169A  Round, top inside c-off, 14-up lbs.     10   80,706   $266.47       
171B  Round, outside round                    11   67,023   $246.58       $1.26
171C  Round, eye of round                     34   49,857   $263.33       $0.22
      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.            27  149,984   $205.26     ($9.93)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  32   41,683   $219.16     ($2.44)
185A  Loin, bottom sirloin butt flap, bnls.   39   96,729   $240.36     ($4.89)
191A  Loin, butt tender, peeled                3    4,080   $494.10       
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              28   30,167   $257.10       $3.15
112   Rib, ribeye roll, 8-up lbs.             14   40,257   $253.74     ($6.79)
100% LEAN
      Inside round - Combo                    25  228,368   $276.14       $1.45
      Inside round - Boxed                    29   40,020   $293.20       $1.86
      Outside round                            4   24,619   $271.31
      Eye of round                            10   16,332   $270.25     ($2.41)
      Flats and eyes - Combo                  23  312,684   $266.88       $0.10
      Flats and eyes - Boxed                            
      Striploin                               53  204,749   $332.30       $0.16
      S.P.B. - Combo                          31  398,834   $263.50       $1.15
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     41   83,784   $227.72     ($0.36)
167A  Round, knuckle, peeled                  43  295,661   $219.75     ($2.65)
190   Loin, tenderloin, 2-3 lbs.              11    8,608   $419.62     ($3.46)
190   Loin, tenderloin, 3-4 lbs.              31   35,829   $431.78       $9.65
190   Loin, tenderloin, 4-5 lbs.             139  176,304   $485.88       $6.05
190   Loin, tenderloin, 5-up lbs.             42   42,156   $525.20      $18.96
193   Flank, flank steak                     117  167,433   $258.49     ($3.34)
      Flank, rough                            54   84,795   $237.35     ($2.70)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   19,051   $281.35       $0.82
112   Rib, ribeye roll, 8-10 lbs.              3   38,100   $277.82       $0.35
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.               5   15,690   $243.34       $0.12
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.               3    4,592   $457.76       $2.64
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                      18   54,598   $240.11       $7.25
--------------------------------------------------------------------------------
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
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