Cutter Cow Cutout & Boxed Cow Beef Cuts - Afternoon

LM_XB405
Des Moines, IA                 Mon, Apr 30, 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:               $176.41
Change from prior day:                $0.20
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $225.19        $125.75         $0.03
100% lean inside round                      $283.48          $6.58       ($0.05)
100% lean, flats and eyes                   $269.62          $6.26         $0.03
100% lean, S.P.B.                           $255.50         $12.78         $0.02
Chuck Tender                                $234.16          $2.34         
Knuckle                   4-7 lbs.          $241.61          $6.11         $0.06
Tenderloin                2-3 lbs.          $448.76          $2.38         $0.01
Tenderloin                3-4 lbs.          $484.36          $3.58         
Ribeye Roll               4-6 lbs.          $250.63          $2.63         
Ribeye Roll               6-8 lbs.          $263.74          $1.95         $0.03
Ribeye Roll               8up lbs.          $247.07          $1.80       ($0.02)
Flank Steak                                 $277.81          $1.17         
Kidney, Edible                               $40.33          $0.19         $0.01
Fat, inedible                                $32.33          $0.75         $0.05
Bone                                          $8.90          $2.14         $0.03
--------------------------------------------------------------------------------
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                 28.91  loads --            1,156,416  pounds
Cutter/Canner Cuts                  5.31  loads --              212,563  pounds
Boner/Breaker/Cutter/Canner        24.59  loads --              983,425  pounds
100% Lean Items                    36.44  loads --            1,457,652  pounds
Frozen Cuts                         2.11  loads --               84,493  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   12,525   $260.63     ($0.14)
112   Rib, ribeye roll, 8-10 lbs.             47  111,190   $271.67       $0.76
112   Rib, ribeye roll, 10-up lbs.            52   60,528   $284.06     ($1.24)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      30   63,869   $309.69       $8.34
112A  Rib, ribeye roll-lip-on, 8-up lbs.      26   52,767   $283.83     ($0.45)
      Chuck, boneless 85%                     16  104,113   $219.79       $1.60
120   Chuck, brisket                          19   18,875   $190.43     ($0.39)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           21   51,969   $214.97     ($9.09)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     46  217,001   $258.60       $0.70
169A  Round, top inside c-off, 14-up lbs.     16  108,352   $260.27       $0.17
171B  Round, outside round                     9   47,645   $219.39       $0.11
171C  Round, eye of round                     60  102,507   $236.85     ($0.26)
      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.             7    4,399   $231.80    ($14.64)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  32   85,144   $224.18       $4.46
185A  Loin, bottom sirloin butt flap, bnls.   34   62,392   $290.18       $0.94
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              36   91,626   $264.50       $4.93
112   Rib, ribeye roll, 8-up lbs.             17  102,937   $247.32     ($2.49)
100% LEAN
      Inside round - Combo                    24  225,160   $281.25     ($3.06)
      Inside round - Boxed                    48   91,391   $288.98     ($0.12)
      Outside round                            8   35,573   $266.87     ($0.61)
      Eye of round                            22   31,276   $275.12     ($1.62)
      Flats and eyes - Combo                  28  386,857   $269.43       $1.35
      Flats and eyes - Boxed                            
      Striploin                               49  166,251   $301.14     ($0.48)
      S.P.B. - Combo                          47  521,144   $255.50       $0.24
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     36  113,723   $234.16       $0.31
167A  Round, knuckle, peeled                  80  287,510   $241.61       $2.30
190   Loin, tenderloin, 2-3 lbs.              17   21,045   $448.76       $1.68
190   Loin, tenderloin, 3-4 lbs.              46   81,324   $484.36       $0.05
190   Loin, tenderloin, 4-5 lbs.             104  156,392   $520.22       $0.90
190   Loin, tenderloin, 5-up lbs.             52   77,679   $523.76       $0.09
193   Flank, flank steak                      90  125,557   $278.44     ($0.11)
      Flank, rough                            59  120,195   $232.59     ($1.14)
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.               4   21,729   $260.52     ($0.11)
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                       5    5,100   $262.18       $1.85
--------------------------------------------------------------------------------
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. Vilsack: Taking time to remember the fallen
2. Livestock Marketing: Beef prices remain strong, cattle pressured
3. Farm Bill progress
4. Feeder cattle review: Choice beef prices keep rolling higher
5. Ag markets diverge just before the long holiday weekend
6. Armyworms eat fescue pastures, hayfields

1. Commentary: New rules un-COOL
2. Former Eastern Livestock CEO, CFO sentenced for federal crimes
3. TSCRA works with sale barns to catch Houston cattle thief
4. More beef cows in worst drought regions than a year ago
5. NASA backs 3D food printer to feed growing population
6. Post-tornado composting a solution for disposal of dead livestock

1. Commentary: New rules un-COOL
2. Commentary: In praise of animal foods
3. What’s on America’s grill this weekend?
4. NASA backs 3D food printer to feed growing population
5. Meat industry associations quick to attack the new MCOOL rule
6. Commentary: Message to Occupy Monsanto: Occupy yourself