Cutter Cow Cutout & Boxed Cow Beef Cuts - Afternoon

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LM_XB405
Des Moines, IA                 Wed, May 22, 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:               $159.30
Change from prior day:              ($0.45)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $198.93        $111.08       ($0.45)
100% lean inside round                      $264.49          $6.14         $0.02
100% lean, flats and eyes                   $255.85          $5.94         $0.01
100% lean, S.P.B.                           $249.89         $12.49         
Chuck Tender                                $217.13          $2.17         
Knuckle                   4-7 lbs.          $226.78          $5.74       ($0.04)
Tenderloin                2-3 lbs.          $420.19          $2.23         $0.02
Tenderloin                3-4 lbs.          $446.48          $3.30       ($0.03)
Ribeye Roll               4-6 lbs.          $272.00          $2.86         
Ribeye Roll               6-8 lbs.          $253.42          $1.88         
Ribeye Roll               8up lbs.          $251.26          $1.83       ($0.03)
Flank Steak                                 $252.77          $1.06         $0.05
Kidney, Edible                               $29.11          $0.13         
Fat, inedible                                $26.63          $0.62         
Bone                                          $7.63          $1.83         
--------------------------------------------------------------------------------
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                 39.40  loads --            1,576,118  pounds
Cutter/Canner Cuts                  5.93  loads --              237,121  pounds
Boner/Breaker/Cutter/Canner        30.69  loads --            1,227,750  pounds
100% Lean Items                    42.10  loads --            1,683,956  pounds
Frozen Cuts                         3.22  loads --              128,946  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   43,518   $263.45     ($1.32)
112   Rib, ribeye roll, 8-10 lbs.             55  236,882   $274.32       $0.04
112   Rib, ribeye roll, 10-up lbs.            49   57,979   $280.50     ($0.63)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      40   47,666   $382.20       $1.91
112A  Rib, ribeye roll-lip-on, 8-up lbs.      15   24,690   $325.30     ($4.29)
      Chuck, boneless 85%
120   Chuck, brisket                          31   44,671   $201.88     ($5.77)
168   Round, top inside, 10-dn lbs.            6   18,469   $213.89       
168   Round, top inside, 10-up lbs.           36   99,730   $216.99       $1.38
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     44  329,953   $257.18     ($0.30)
169A  Round, top inside c-off, 14-up lbs.     11   55,493   $257.52     ($0.49)
171B  Round, outside round                    16  109,733   $221.22     ($1.62)
171C  Round, eye of round                     38   59,433   $244.43       $2.67
      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.            37  174,994   $239.79       $2.34
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  34   71,809   $209.97     ($4.97)
185A  Loin, bottom sirloin butt flap, bnls.   72  190,490   $267.15     ($3.82)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              53  182,942   $253.31     ($0.58)
112   Rib, ribeye roll, 8-up lbs.             17   54,179   $251.26     ($3.50)
100% LEAN
      Inside round - Combo                    32  447,789   $262.08       $0.65
      Inside round - Boxed                    46   63,426   $281.51       $0.12
      Outside round                            3   29,775   $260.16     ($0.46)
      Eye of round                            16   22,390   $262.81       $0.28
      Flats and eyes - Combo                  25  357,910   $255.06       $0.11
      Flats and eyes - Boxed                            
      Striploin                               48  153,212   $309.18       $0.56
      S.P.B. - Combo                          38  609,454   $249.89       $0.06
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     52  157,521   $217.13       $0.38
167A  Round, knuckle, peeled                  46  363,903   $226.78     ($1.70)
190   Loin, tenderloin, 2-3 lbs.              15   14,563   $420.19       $3.02
190   Loin, tenderloin, 3-4 lbs.              45   92,789   $445.64     ($3.17)
190   Loin, tenderloin, 4-5 lbs.             160  310,582   $524.04       $4.84
190   Loin, tenderloin, 5-up lbs.             44   55,278   $507.40       $0.23
193   Flank, flank steak                     101  127,401   $269.69      $16.57
      Flank, rough                            49  105,713   $236.26     ($4.38)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   15,217   $285.63       $0.11
112   Rib, ribeye roll, 8-10 lbs.              4   39,922   $255.46     ($0.42)
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.             4    8,944   $273.81       $6.19
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.               3    3,025   $260.00
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.
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      16   46,183   $206.09     ($6.87)
--------------------------------------------------------------------------------
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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