Cutter Cow Cutout & Boxed Cow Beef Cuts - Afternoon

LM_XB405
Des Moines, IA                 Thu, Apr 12, 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:               $173.88
Change from prior day:                $0.19
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $222.80        $124.41         $0.12
100% lean inside round                      $274.19          $6.36         $0.05
100% lean, flats and eyes                   $262.72          $6.10       ($0.01)
100% lean, S.P.B.                           $253.56         $12.68         $0.04
Chuck Tender                                $219.60          $2.20         
Knuckle                   4-7 lbs.          $233.77          $5.91       ($0.03)
Tenderloin                2-3 lbs.          $443.59          $2.35       ($0.04)
Tenderloin                3-4 lbs.          $479.68          $3.55         $0.01
Ribeye Roll               4-6 lbs.          $268.00          $2.81         $0.05
Ribeye Roll               6-8 lbs.          $248.35          $1.84         $0.01
Ribeye Roll               8up lbs.          $243.92          $1.78         
Flank Steak                                 $255.75          $1.07       ($0.01)
Kidney, Edible                               $39.50          $0.18         
Fat, inedible                                $31.66          $0.73         
Bone                                          $7.94          $1.91         
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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                 37.36  loads --            1,494,553  pounds
Cutter/Canner Cuts                  4.78  loads --              191,263  pounds
Boner/Breaker/Cutter/Canner        25.19  loads --            1,007,542  pounds
100% Lean Items                    38.59  loads --            1,543,474  pounds
Frozen Cuts                         4.02  loads --              160,736  pounds
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IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              13   36,222   $264.66       $2.42
112   Rib, ribeye roll, 8-10 lbs.             74  187,934   $267.31     ($1.70)
112   Rib, ribeye roll, 10-up lbs.            36   56,958   $266.04     ($1.25)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      30   29,676   $301.58       $0.74
112A  Rib, ribeye roll-lip-on, 8-up lbs.      19   30,616   $265.02       $0.35
      Chuck, boneless 85%                     10   55,800   $213.84       $1.17
120   Chuck, brisket                          27   36,806   $197.70     ($0.51)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           28   90,871   $219.39       $5.34
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     53  396,624   $257.93       $0.54
169A  Round, top inside c-off, 14-up lbs.     16   55,798   $258.91       $0.71
171B  Round, outside round                    21  115,248   $209.66     ($0.29)
171C  Round, eye of round                     35   64,833   $234.62     ($2.15)
      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.            17   37,404   $225.74    ($12.30)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  30   84,366   $189.85     ($0.43)
185A  Loin, bottom sirloin butt flap, bnls.   45  200,886   $247.57     ($4.94)
191A  Loin, butt tender, peeled                4    2,583   $475.54
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              47   98,799   $247.26       $0.55
112   Rib, ribeye roll, 8-up lbs.             19   92,464   $243.49       $0.38
100% LEAN
      Inside round - Combo                    18  187,224   $271.89       $2.01
      Inside round - Boxed                    50   69,441   $280.41       $0.83
      Outside round                           10   65,164   $261.98     ($0.64)
      Eye of round                            20   43,203   $269.72     ($0.76)
      Flats and eyes - Combo                  29  405,967   $262.09     ($0.06)
      Flats and eyes - Boxed                            
      Striploin                               55  208,328   $302.45     ($1.76)
      S.P.B. - Combo                          50  564,147   $253.56       $0.72
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32  106,655   $219.60     ($0.88)
167A  Round, knuckle, peeled                  70  263,277   $233.77     ($1.03)
190   Loin, tenderloin, 2-3 lbs.              12   15,330   $443.59     ($6.66)
190   Loin, tenderloin, 3-4 lbs.              42   99,073   $479.59       $1.06
190   Loin, tenderloin, 4-5 lbs.             118  200,930   $515.28      $13.27
190   Loin, tenderloin, 5-up lbs.             45   76,247   $514.05       $9.58
193   Flank, flank steak                     108  151,739   $261.38     ($0.41)
      Flank, rough                            59   94,291   $228.32       $2.26
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   32,237   $270.45     ($2.47)
112   Rib, ribeye roll, 8-10 lbs.              4   34,405   $262.79       
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   16,825   $254.75       
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   43,592   $236.11     ($0.67)
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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
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