Cutter Cow Cutout & Boxed Cow Beef Cuts - Afternoon

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LM_XB405
Des Moines, IA                 Fri, Jun 01, 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:               $180.14
Change from prior day:              ($0.01)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $231.31        $129.16         $0.01
100% lean inside round                      $283.09          $6.57       ($0.02)
100% lean, flats and eyes                   $272.73          $6.33         
100% lean, S.P.B.                           $260.27         $13.01       ($0.01)
Chuck Tender                                $240.79          $2.41         $0.01
Knuckle                   4-7 lbs.          $249.60          $6.31       ($0.02)
Tenderloin                2-3 lbs.          $456.37          $2.42         $0.05
Tenderloin                3-4 lbs.          $489.21          $3.62       ($0.01)
Ribeye Roll               4-6 lbs.          $254.00          $2.67         
Ribeye Roll               6-8 lbs.          $252.92          $1.87       ($0.01)
Ribeye Roll               8up lbs.          $251.40          $1.84         
Flank Steak                                 $257.52          $1.08       ($0.01)
Kidney, Edible                               $36.75          $0.17         
Fat, inedible                                $29.65          $0.69         
Bone                                          $8.29          $1.99         
--------------------------------------------------------------------------------
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                 38.84  loads --            1,553,706  pounds
Cutter/Canner Cuts                  5.98  loads --              239,333  pounds
Boner/Breaker/Cutter/Canner        25.38  loads --            1,015,270  pounds
100% Lean Items                    34.69  loads --            1,387,624  pounds
Frozen Cuts                         7.64  loads --              305,663  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10   26,028   $275.92       $8.22
112   Rib, ribeye roll, 8-10 lbs.             68  153,779   $290.50       $3.80
112   Rib, ribeye roll, 10-up lbs.            49   66,227   $289.18     ($0.51)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      24   32,229   $395.60       $1.04
112A  Rib, ribeye roll-lip-on, 8-up lbs.      13   28,975   $312.27       $8.90
      Chuck, boneless 85%                     14  102,483   $224.18     ($1.07)
120   Chuck, brisket                          30   18,818   $237.92       $7.02
168   Round, top inside, 10-dn lbs.                     
168   Round, top inside, 10-up lbs.           22   94,311   $240.56     ($5.22)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     47  411,234   $260.00     ($0.18)
169A  Round, top inside c-off, 14-up lbs.     13   61,303   $268.47       $0.26
171B  Round, outside round                    18  102,356   $235.48       $0.17
171C  Round, eye of round                     31   58,248   $258.25       $2.19
      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.            11   23,300   $221.88     ($4.50)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  33   89,394   $246.59       $0.94
185A  Loin, bottom sirloin butt flap, bnls.   50  269,371   $257.48       $1.46
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              47   93,010   $254.67     ($1.73)
112   Rib, ribeye roll, 8-up lbs.             17  129,883   $249.54     ($0.72)
100% LEAN
      Inside round - Combo                    35  248,768   $281.68     ($1.32)
      Inside round - Boxed                    37   53,726   $289.63       $2.69
      Outside round                           12   41,274   $272.28     ($2.25)
      Eye of round                            20   34,210   $279.30     ($1.88)
      Flats and eyes - Combo                  29  238,080   $271.87       $0.54
      Flats and eyes - Boxed                            
      Striploin                               59  172,426   $282.26       $1.10
      S.P.B. - Combo                          52  599,140   $260.27     ($0.16)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30   71,699   $240.79       $0.78
167A  Round, knuckle, peeled                  84  303,812   $249.60     ($0.48)
190   Loin, tenderloin, 2-3 lbs.              18   20,310   $456.37       $8.73
190   Loin, tenderloin, 3-4 lbs.              38   79,529   $489.21     ($1.39)
190   Loin, tenderloin, 4-5 lbs.             171  277,266   $528.47     ($1.41)
190   Loin, tenderloin, 5-up lbs.             41   35,999   $531.57       $3.70
193   Flank, flank steak                      99  132,506   $276.46     ($0.81)
      Flank, rough                            56   94,149   $244.58     ($1.98)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11   74,572   $258.27       $0.16
112   Rib, ribeye roll, 8-10 lbs.              4   30,410   $262.94       
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.             8   10,244   $238.82     ($5.36)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.               9   36,849   $248.50     ($0.10)
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.               7   18,345   $514.42     ($0.14)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      30   99,365   $232.27     ($2.21)
--------------------------------------------------------------------------------
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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