Cutter Cow Cutout & Boxed Cow Beef Cuts - Morning

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LM_XB404
Des Moines, IA                 Mon, Mar 17, 2014                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:               $199.55
Change from prior day:              ($1.37)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $259.61        $144.97       ($1.47)
100% lean inside round                      $305.08          $7.08         $0.12
100% lean, flats and eyes                   $287.71          $6.67       ($0.01)
100% lean, S.P.B.                           $282.57         $14.13         $0.02
Chuck Tender                                $287.92          $2.88       ($0.01)
Knuckle                   4-7 lbs.          $286.81          $7.26       ($0.09)
Tenderloin                2-3 lbs.          $392.57          $2.08       ($0.03)
Tenderloin                3-4 lbs.          $454.93          $3.37         $0.02
Ribeye Roll               4-6 lbs.          $246.00          $2.58         
Ribeye Roll               6-8 lbs.          $292.74          $2.17         
Ribeye Roll               8up lbs.          $286.19          $2.09         
Flank Steak                                 $283.24          $1.19         
Kidney, Edible                               $30.94          $0.14         
Fat, inedible                                $22.61          $0.52         
Bone                                         $10.07          $2.42         $0.08
--------------------------------------------------------------------------------
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                 30.48  loads --            1,219,127  pounds
Cutter/Canner Cuts                  4.24  loads --              169,547  pounds
Boner/Breaker/Cutter/Canner        21.79  loads --              871,484  pounds
100% Lean Items                    20.52  loads --              820,883  pounds
Frozen Cuts                         6.83  loads --              273,180  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   21,084   $322.08       $1.68
112   Rib, ribeye roll, 8-10 lbs.             47  122,941   $322.37       $1.62
112   Rib, ribeye roll, 10-up lbs.            60   91,357   $321.08     ($2.84)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      22   22,496   $411.45       $1.84
112A  Rib, ribeye roll-lip-on, 8-up lbs.      18   33,705   $336.05       $0.47
      Chuck, boneless 85%                     12  234,637   $238.41       $0.09
120   Chuck, brisket                          21   10,157   $240.29     ($5.42)
168   Round, top inside, 10-dn lbs.            8   15,436   $301.60       
168   Round, top inside, 10-up lbs.           20   98,071   $284.01       $2.96
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     20  144,999   $299.08       $1.02
169A  Round, top inside c-off, 14-up lbs.      8   39,325   $319.59       $2.02
171B  Round, outside round                    20  144,726   $286.77       $1.15
171C  Round, eye of round                     29   51,594   $298.69       $1.20
      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.            14   14,311   $264.27       $1.90
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  24   48,944   $269.25       $2.66
185A  Loin, bottom sirloin butt flap, bnls.   34  119,430   $290.90     ($4.64)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4      588   $246.00       
112   Rib, ribeye roll, 6-8 lbs.              39  109,502   $294.36     ($0.39)
112   Rib, ribeye roll, 8-up lbs.             35   59,457   $299.19       $0.53
100% LEAN
      Inside round - Combo                    16  104,143   $297.36       $3.31
      Inside round - Boxed                    31   51,924   $320.56       $1.45
      Outside round
      Eye of round                            10   14,322   $288.46    ($12.95)
      Flats and eyes - Combo                  22  214,072   $287.38       $0.98
      Flats and eyes - Boxed                            
      Striploin                               58  197,905   $351.57       $0.33
      S.P.B. - Combo                          26  236,333   $282.57       $0.31
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30  139,652   $287.92     ($1.20)
167A  Round, knuckle, peeled                  49  259,001   $286.81     ($3.65)
190   Loin, tenderloin, 2-3 lbs.
190   Loin, tenderloin, 3-4 lbs.              40   68,033   $455.71       $3.35
190   Loin, tenderloin, 4-5 lbs.             101  174,919   $494.45      $15.79
190   Loin, tenderloin, 5-up lbs.             33   35,589   $505.42     ($3.25)
193   Flank, flank steak                      81  115,737   $296.94       $1.57
      Flank, rough                            41   75,315   $265.54     ($0.73)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   29,930   $322.76       $4.52
112   Rib, ribeye roll, 8-10 lbs.              7   27,450   $289.75       $0.76
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.             4    5,980   $339.96     ($0.17)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.               7   24,400   $285.47       
112   Rib, ribeye roll, 8-up lbs.              4   72,280   $275.51       
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                      20   75,714   $262.30       $2.46
--------------------------------------------------------------------------------
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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