Cutter Cow Cutout & Boxed Cow Beef Cuts - Afternoon

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LM_XB405
Des Moines, IA                 Fri, Aug 10, 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:               $163.81
Change from prior day:              ($0.14)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $208.08        $116.19       ($0.18)
100% lean inside round                      $259.32          $6.02         
100% lean, flats and eyes                   $253.58          $5.88       ($0.01)
100% lean, S.P.B.                           $242.00         $12.10       ($0.06)
Chuck Tender                                $208.58          $2.09         $0.01
Knuckle                   4-7 lbs.          $222.65          $5.63         
Tenderloin                2-3 lbs.          $437.43          $2.32         $0.02
Tenderloin                3-4 lbs.          $477.91          $3.54         $0.04
Ribeye Roll               4-6 lbs.          $240.70          $2.53         
Ribeye Roll               6-8 lbs.          $243.94          $1.81         $0.01
Ribeye Roll               8up lbs.          $247.23          $1.80         $0.03
Flank Steak                                 $237.92          $1.00         
Kidney, Edible                               $32.34          $0.15         
Fat, inedible                                $27.97          $0.65         
Bone                                          $8.73          $2.10         
--------------------------------------------------------------------------------
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                 39.99  loads --            1,599,698  pounds
Cutter/Canner Cuts                  5.23  loads --              209,285  pounds
Boner/Breaker/Cutter/Canner        37.62  loads --            1,504,731  pounds
100% Lean Items                    34.30  loads --            1,371,994  pounds
Frozen Cuts                         9.33  loads --              373,394  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   30,989   $259.03       $0.07
112   Rib, ribeye roll, 8-10 lbs.             76  159,002   $300.39     ($0.93)
112   Rib, ribeye roll, 10-up lbs.            43   59,831   $283.36       $0.52
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      48   73,727   $378.26       $0.72
112A  Rib, ribeye roll-lip-on, 8-up lbs.      34   78,012   $300.12       $6.05
      Chuck, boneless 85%                     12   65,444   $211.35       $2.92
120   Chuck, brisket                          30   31,013   $209.03     ($1.78)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           38  112,783   $232.65     ($5.37)
169A  Round, top inside c-off, 8-10 lbs.       5   59,723   $263.35       
169A  Round, top inside c-off, 10-14 lbs.     49  477,813   $262.44     ($0.04)
169A  Round, top inside c-off, 14-up lbs.      6   28,666   $267.62       $0.68
171B  Round, outside round                    27  127,743   $222.68     ($1.40)
171C  Round, eye of round                     35   59,871   $247.14       $1.49
      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.            24   49,951   $232.05     ($0.74)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  37   85,864   $215.30       $1.33
185A  Loin, bottom sirloin butt flap, bnls.   47   92,715   $269.91     ($2.46)
191A  Loin, butt tender, peeled                7    3,865   $485.20     ($0.82)
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              39  129,556   $245.08       $0.61
112   Rib, ribeye roll, 8-up lbs.             21   74,221   $254.44       $8.16
100% LEAN
      Inside round - Combo                    29  294,741   $253.80     ($0.09)
      Inside round - Boxed                    41   95,586   $276.35     ($1.19)
      Outside round                            5   11,202   $255.99       
      Eye of round                            16   16,562   $267.71       $0.43
      Flats and eyes - Combo                  27  268,072   $252.61     ($0.30)
      Flats and eyes - Boxed                            
      Striploin                               55  182,146   $274.43     ($0.66)
      S.P.B. - Combo                          39  503,685   $242.00     ($1.11)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     44  232,394   $208.58       $0.19
167A  Round, knuckle, peeled                  73  518,215   $222.65       $0.14
190   Loin, tenderloin, 2-3 lbs.              18   25,138   $437.43       $2.75
190   Loin, tenderloin, 3-4 lbs.              51   96,888   $479.38       $7.10
190   Loin, tenderloin, 4-5 lbs.             171  336,677   $525.97     ($1.97)
190   Loin, tenderloin, 5-up lbs.             40   63,683   $516.77       $0.30
193   Flank, flank steak                     112  138,975   $260.04       $0.25
      Flank, rough                            61   92,761   $239.22       $2.19
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   63,685   $292.90     ($0.82)
112   Rib, ribeye roll, 8-10 lbs.              5   33,220   $257.61       $0.08
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.             3   13,104   $270.00       
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.               8   28,700   $238.79       $0.42
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   25,760   $472.38     ($0.41)
190   Loin, tenderloin, 4-5 lbs.               3   35,167   $492.16       
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                      40  102,468   $207.92       $3.13
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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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