Cutter Cow Cutout & Boxed Cow Beef Cuts - Afternoon

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LM_XB405
Des Moines, IA                 Wed, Feb 27, 2013                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:               $167.90
Change from prior day:                $0.26
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $215.41        $120.28         $0.23
100% lean inside round                      $258.75          $6.00         $0.03
100% lean, flats and eyes                   $251.76          $5.84         $0.01
100% lean, S.P.B.                           $244.50         $12.22         
Chuck Tender                                $231.33          $2.31         
Knuckle                   4-7 lbs.          $238.01          $6.02       ($0.09)
Tenderloin                2-3 lbs.          $393.70          $2.09         $0.02
Tenderloin                3-4 lbs.          $430.25          $3.18         $0.02
Ribeye Roll               4-6 lbs.          $233.60          $2.45         
Ribeye Roll               6-8 lbs.          $253.99          $1.88         $0.02
Ribeye Roll               8up lbs.          $258.67          $1.89         $0.01
Flank Steak                                 $231.66          $0.97         $0.01
Kidney, Edible                               $30.50          $0.14         
Fat, inedible                                $26.97          $0.63         
Bone                                          $8.35          $2.00         
--------------------------------------------------------------------------------
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                 39.00  loads --            1,559,947  pounds
Cutter/Canner Cuts                  3.43  loads --              137,156  pounds
Boner/Breaker/Cutter/Canner        23.03  loads --              921,089  pounds
100% Lean Items                    34.60  loads --            1,383,986  pounds
Frozen Cuts                        11.04  loads --              441,752  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              13   50,274   $278.03       $0.03
112   Rib, ribeye roll, 8-10 lbs.             79  147,625   $297.74       $0.12
112   Rib, ribeye roll, 10-up lbs.            40   74,008   $273.59     ($5.37)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      22   17,668   $375.35       $3.24
112A  Rib, ribeye roll-lip-on, 8-up lbs.      17   38,003   $288.46     ($2.02)
      Chuck, boneless 85%                      3   30,000   $227.40
120   Chuck, brisket                          23   23,442   $186.40     ($3.69)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           38  133,336   $215.57       $1.74
169A  Round, top inside c-off, 8-10 lbs.       5   27,568   $256.38       $1.51
169A  Round, top inside c-off, 10-14 lbs.     51  562,313   $253.76     ($0.92)
169A  Round, top inside c-off, 14-up lbs.      5   28,811   $253.47       $0.36
171B  Round, outside round                    24   91,595   $236.05       $0.33
171C  Round, eye of round                     39   52,094   $244.51       $0.69
      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.            20   41,054   $231.23       $0.48
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  39   91,788   $218.53       $1.34
185A  Loin, bottom sirloin butt flap, bnls.   41  142,997   $238.98       $0.85
191A  Loin, butt tender, peeled                5    2,626   $493.34       
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3    2,118   $233.60       
112   Rib, ribeye roll, 6-8 lbs.              31   76,374   $259.73       $4.34
112   Rib, ribeye roll, 8-up lbs.             19   58,664   $270.16       $3.28
100% LEAN
      Inside round - Combo                    28  336,576   $255.76       $0.69
      Inside round - Boxed                    38   70,727   $272.97     ($0.25)
      Outside round                            6   52,262   $252.49       
      Eye of round                            13    9,963   $261.02     ($0.13)
      Flats and eyes - Combo                  18  263,899   $251.27       $0.36
      Flats and eyes - Boxed                            
      Striploin                               58  181,727   $301.57       $1.18
      S.P.B. - Combo                          37  468,832   $244.50       $0.03
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     41  160,160   $231.33       $0.71
167A  Round, knuckle, peeled                  59  154,959   $238.01     ($3.57)
190   Loin, tenderloin, 2-3 lbs.              18   23,361   $399.45       $1.48
190   Loin, tenderloin, 3-4 lbs.              45   49,526   $440.92       $2.08
190   Loin, tenderloin, 4-5 lbs.             176  192,441   $467.65       $0.64
190   Loin, tenderloin, 5-up lbs.             54   75,577   $466.54     ($0.82)
193   Flank, flank steak                     122  179,572   $250.02     ($0.62)
      Flank, rough                            61   85,493   $233.32       $8.40
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   39,076   $280.94     ($0.21)
112   Rib, ribeye roll, 8-10 lbs.             16  111,604   $252.11     ($0.78)
112   Rib, ribeye roll, 10-up lbs.             4   17,047   $244.35    ($25.80)
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.            10   17,108   $281.40       $0.31
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              11   69,756   $247.70       $1.00
112   Rib, ribeye roll, 8-up lbs.              7   38,579   $241.20     ($1.84)
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.
190   Loin, tenderloin, 3-4 lbs.
190   Loin, tenderloin, 4-5 lbs.               4    5,040   $481.33       $1.76
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                      31  110,308   $201.77       $6.41
--------------------------------------------------------------------------------
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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