Cutter Cow Cutout & Boxed Cow Beef Cuts - Afternoon

LM_XB405
Des Moines, IA                 Mon, May 21, 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:               $178.87
Change from prior day:              ($0.41)
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Item                                          Price          Value        Change
90% lean                                    $229.08        $127.92       ($0.31)
100% lean inside round                      $283.40          $6.57       ($0.06)
100% lean, flats and eyes                   $272.97          $6.33       ($0.03)
100% lean, S.P.B.                           $258.79         $12.94         $0.01
Chuck Tender                                $234.17          $2.34       ($0.02)
Knuckle                   4-7 lbs.          $246.08          $6.23         $0.01
Tenderloin                2-3 lbs.          $455.27          $2.41         $0.04
Tenderloin                3-4 lbs.          $485.89          $3.60       ($0.01)
Ribeye Roll               4-6 lbs.          $265.00          $2.78         
Ribeye Roll               6-8 lbs.          $250.26          $1.85       ($0.02)
Ribeye Roll               8up lbs.          $251.40          $1.84         $0.02
Flank Steak                                 $241.82          $1.02         $0.02
Kidney, Edible                               $37.67          $0.17         
Fat, inedible                                $33.00          $0.77         
Bone                                          $8.74          $2.10       ($0.06)
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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                 55.92  loads --            2,236,707  pounds
Cutter/Canner Cuts                  6.58  loads --              263,083  pounds
Boner/Breaker/Cutter/Canner        26.71  loads --            1,068,301  pounds
100% Lean Items                    35.24  loads --            1,409,723  pounds
Frozen Cuts                        12.07  loads --              482,883  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.               9   10,538   $278.31       $3.14
112   Rib, ribeye roll, 8-10 lbs.             76  204,675   $283.09       $0.47
112   Rib, ribeye roll, 10-up lbs.            44   67,882   $278.38     ($0.22)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      47   80,619   $370.90       $1.96
112A  Rib, ribeye roll-lip-on, 8-up lbs.      29   78,285   $303.21       $3.38
      Chuck, boneless 85%                     16  126,212   $226.17       $0.09
120   Chuck, brisket                          31   33,152   $229.11       $7.69
168   Round, top inside, 10-dn lbs.                     
168   Round, top inside, 10-up lbs.           37  147,168   $234.80     ($0.38)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     85  749,320   $259.35       $1.10
169A  Round, top inside c-off, 14-up lbs.     13   87,820   $261.83       $0.86
171B  Round, outside round                    18  101,940   $230.15       $1.61
171C  Round, eye of round                     38   61,400   $244.14       $3.52
      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.            21   27,347   $225.72       $0.65
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  44  107,927   $232.65     ($3.79)
185A  Loin, bottom sirloin butt flap, bnls.   65  339,758   $255.65       $4.58
191A  Loin, butt tender, peeled                9    7,424   $496.49       $1.20
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              43  141,259   $252.67     ($3.19)
112   Rib, ribeye roll, 8-up lbs.             24  121,824   $251.16       $2.31
100% LEAN
      Inside round - Combo                    25  179,058   $281.26     ($4.42)
      Inside round - Boxed                    39   54,095   $290.46       $4.99
      Outside round
      Eye of round                            13   21,760   $273.46     ($6.42)
      Flats and eyes - Combo                  34  423,260   $273.11     ($0.60)
      Flats and eyes - Boxed                            
      Striploin                               56  250,650   $282.53       $0.45
      S.P.B. - Combo                          46  473,400   $258.79       $0.21
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33   66,301   $234.17     ($1.46)
167A  Round, knuckle, peeled                  89  381,806   $246.08       $0.19
190   Loin, tenderloin, 2-3 lbs.              19   23,334   $455.27       $7.98
190   Loin, tenderloin, 3-4 lbs.              42   71,366   $485.37     ($2.05)
190   Loin, tenderloin, 4-5 lbs.             162  233,142   $523.73       $1.95
190   Loin, tenderloin, 5-up lbs.             59   67,732   $535.06     ($0.96)
193   Flank, flank steak                     104  131,826   $272.26       $1.75
      Flank, rough                            64   92,794   $235.44       $0.85
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              19  102,287   $259.86       $1.74
112   Rib, ribeye roll, 8-10 lbs.              8   98,680   $261.87     ($0.39)
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.            13   11,076   $262.33     ($8.09)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.               8   72,212   $245.56     ($1.51)
112   Rib, ribeye roll, 8-up lbs.
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.                        
190   Loin, tenderloin, 3-4 lbs.               3    2,700   $499.67       
190   Loin, tenderloin, 4-5 lbs.
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      29  130,009   $210.96       $6.16
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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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