Cutter Cow Cutout & Boxed Cow Beef Cuts - Afternoon

LM_XB405
Des Moines, IA                 Fri, May 11, 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
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Current-Cutout Value:               $178.81
Change from prior day:                $0.36
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Item                                          Price          Value        Change
90% lean                                    $228.93        $127.83         $0.22
100% lean inside round                      $285.47          $6.62         $0.03
100% lean, flats and eyes                   $275.15          $6.38         $0.01
100% lean, S.P.B.                           $258.53         $12.93         $0.01
Chuck Tender                                $237.55          $2.38         
Knuckle                   4-7 lbs.          $244.23          $6.18         $0.05
Tenderloin                2-3 lbs.          $434.30          $2.30       ($0.08)
Tenderloin                3-4 lbs.          $489.75          $3.62         $0.02
Ribeye Roll               4-6 lbs.          $259.52          $2.73         $0.23
Ribeye Roll               6-8 lbs.          $252.55          $1.87         $0.01
Ribeye Roll               8up lbs.          $253.16          $1.85         $0.02
Flank Steak                                 $239.33          $1.01       ($0.16)
Kidney, Edible                               $37.14          $0.17         
Fat, inedible                                $32.33          $0.75         
Bone                                          $9.12          $2.19         
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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                 52.07  loads --            2,082,911  pounds
Cutter/Canner Cuts                  3.61  loads --              144,304  pounds
Boner/Breaker/Cutter/Canner        27.58  loads --            1,103,361  pounds
100% Lean Items                    40.88  loads --            1,635,019  pounds
Frozen Cuts                         9.23  loads --              369,284  pounds
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IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
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BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              15   37,465   $260.74     ($8.04)
112   Rib, ribeye roll, 8-10 lbs.             71  219,818   $278.25       $9.77
112   Rib, ribeye roll, 10-up lbs.            44  110,828   $275.45       $1.28
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      52   77,572   $356.80       $7.25
112A  Rib, ribeye roll-lip-on, 8-up lbs.      17   31,667   $295.71    ($43.39)
      Chuck, boneless 85%                     18  205,326   $222.54     ($0.94)
120   Chuck, brisket                          30   30,384   $204.94       $3.50
168   Round, top inside, 10-dn lbs.            4    8,749   $204.70       
168   Round, top inside, 10-up lbs.           37  120,124   $225.10      $15.10
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     71  638,730   $258.53     ($0.61)
169A  Round, top inside c-off, 14-up lbs.     20  103,791   $258.95     ($0.61)
171B  Round, outside round                    13   84,745   $226.87       $1.32
171C  Round, eye of round                     48   83,348   $235.37       $5.61
      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.            26   62,878   $224.58       $9.78
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  33   93,186   $224.08       $0.24
185A  Loin, bottom sirloin butt flap, bnls.   42  171,477   $254.21       $3.46
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              38  106,346   $255.80       $0.55
112   Rib, ribeye roll, 8-up lbs.             17   37,958   $259.31       $6.66
100% LEAN
      Inside round - Combo                    31  302,956   $285.11       $1.58
      Inside round - Boxed                    41   40,996   $288.14       $1.07
      Outside round                            5   32,120   $279.78       $5.15
      Eye of round                            14   20,356   $276.09     ($1.18)
      Flats and eyes - Combo                  30  450,447   $274.77       $0.54
      Flats and eyes - Boxed                            
      Striploin                               54  246,739   $283.77     ($1.28)
      S.P.B. - Combo                          49  541,405   $258.53       $0.12
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33   79,768   $237.55     ($0.02)
167A  Round, knuckle, peeled                  72  361,104   $244.23       $1.84
190   Loin, tenderloin, 2-3 lbs.              21   36,135   $441.65     ($7.74)
190   Loin, tenderloin, 3-4 lbs.              46   79,181   $489.75       $3.11
190   Loin, tenderloin, 4-5 lbs.             156  223,963   $540.98     ($8.26)
190   Loin, tenderloin, 5-up lbs.             47   49,639   $532.74      $13.63
193   Flank, flank steak                     113  173,547   $274.98     ($3.18)
      Flank, rough                            69  100,024   $237.48       $3.70
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   13,722   $265.71       $6.05
112   Rib, ribeye roll, 8-10 lbs.              6   46,221   $253.59
112   Rib, ribeye roll, 10-up lbs.             4   26,154   $268.77
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   10,400   $236.91
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   26,346   $259.52
112   Rib, ribeye roll, 6-8 lbs.               5   43,055   $244.52     ($0.88)
112   Rib, ribeye roll, 8-up lbs.              3   24,940   $243.81       
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                      31   88,861   $169.70
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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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