Cutter Cow Cutout & Boxed Cow Beef Cuts - Afternoon

LM_XB405
Des Moines, IA                 Thu, Apr 05, 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 - Afternoon

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:               $171.03
Change from prior day:              ($0.06)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.35        $121.93       ($0.08)
100% lean inside round                      $270.52          $6.28       ($0.02)
100% lean, flats and eyes                   $263.85          $6.12         $0.02
100% lean, S.P.B.                           $250.75         $12.54         $0.03
Chuck Tender                                $223.99          $2.24         
Knuckle                   4-7 lbs.          $235.58          $5.96         $0.01
Tenderloin                2-3 lbs.          $451.79          $2.39       ($0.01)
Tenderloin                3-4 lbs.          $475.87          $3.52         $0.02
Ribeye Roll               4-6 lbs.          $241.00          $2.53         
Ribeye Roll               6-8 lbs.          $258.51          $1.91       ($0.03)
Ribeye Roll               8up lbs.          $247.76          $1.81         
Flank Steak                                 $260.48          $1.09         
Kidney, Edible                               $43.06          $0.20         
Fat, inedible                                $31.66          $0.73         
Bone                                          $7.42          $1.78         
--------------------------------------------------------------------------------
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                 32.98  loads --            1,319,023  pounds
Cutter/Canner Cuts                  3.24  loads --              129,685  pounds
Boner/Breaker/Cutter/Canner        25.82  loads --            1,032,722  pounds
100% Lean Items                    38.60  loads --            1,543,875  pounds
Frozen Cuts                         0.61  loads --               24,394  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              18   98,042   $261.82     ($0.70)
112   Rib, ribeye roll, 8-10 lbs.             60  101,605   $266.08     ($2.15)
112   Rib, ribeye roll, 10-up lbs.            27   67,060   $261.85       $0.31
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      35   63,564   $311.71     ($4.69)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      27   64,394   $266.85     ($1.55)
      Chuck, boneless 85%                     12   89,888   $211.23       $1.03
120   Chuck, brisket                          18   22,450   $194.41       $1.47
168   Round, top inside, 10-dn lbs.            3    5,600   $193.50     ($1.23)
168   Round, top inside, 10-up lbs.           29  111,063   $204.17     ($1.16)
169A  Round, top inside c-off, 8-10 lbs.       5   58,918   $255.11       $6.41
169A  Round, top inside c-off, 10-14 lbs.     35  233,439   $255.14       
169A  Round, top inside c-off, 14-up lbs.     19  117,168   $253.65       $0.24
171B  Round, outside round                    11   62,129   $212.00     ($0.11)
171C  Round, eye of round                     44   48,618   $245.38       $0.50
      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.             8    7,360   $238.97       $9.91
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  22   37,799   $202.76     ($0.96)
185A  Loin, bottom sirloin butt flap, bnls.   40  129,361   $262.97       $1.89
191A  Loin, butt tender, peeled                3      565   $468.13       
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              41   90,916   $257.90     ($3.98)
112   Rib, ribeye roll, 8-up lbs.             12   38,769   $247.76     ($0.85)
100% LEAN
      Inside round - Combo                    24  337,274   $267.09       $0.02
      Inside round - Boxed                    39   90,584   $283.29     ($0.87)
      Outside round                           14   66,518   $262.30     ($0.31)
      Eye of round                            17   45,805   $266.51       $0.92
      Flats and eyes - Combo                  36  452,082   $263.81       $0.84
      Flats and eyes - Boxed                            
      Striploin                               43  168,832   $307.47     ($2.62)
      S.P.B. - Combo                          41  382,780   $250.75       $0.61
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     46  152,713   $223.99       $0.03
167A  Round, knuckle, peeled                  77  326,372   $235.58       $0.24
190   Loin, tenderloin, 2-3 lbs.              17   35,737   $451.79     ($1.73)
190   Loin, tenderloin, 3-4 lbs.              44   91,244   $475.70       $2.86
190   Loin, tenderloin, 4-5 lbs.             111  141,779   $507.55       $0.55
190   Loin, tenderloin, 5-up lbs.             49   81,867   $491.09     ($4.87)
193   Flank, flank steak                      85  137,451   $261.67     ($0.09)
      Flank, rough                            56   65,559   $230.10      $10.03
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.               3    6,155   $267.61     ($0.94)
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                       8   12,935   $247.83       $0.12
--------------------------------------------------------------------------------
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
1530C

.

1. Forage Focus: Pay attention to hay moisture
2. Oil falls as Fed minutes send U.S. equities down
3. Smooth transitions
4. Ag markets diverged widely Wednesday afternoon
5. Beef supplies in cold storage falling
6. Cattle on Feed numbers remain lower

1. Michigan hay buyers should plan purchases early
2. Post-tornado composting a solution for disposal of dead livestock
3. Seven jobs more dangerous than farming
4. New animal identification rules aid disease traceability
5. Drought losses in Oklahoma top $400 million for 2012
6. Survey reveals most Americans in favor of COOL

1. Commentary: In praise of animal foods
2. Meat and climate change: How significant is the impact?
3. Survey reveals most Americans in favor of COOL
4. Commentary: GMOs: How do I hate thee?
5. Seven jobs more dangerous than farming
6. Boxed beef hits record highs, cattle weak to lower