Cutter Cow Cutout & Boxed Cow Beef Cuts - Afternoon

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LM_XB405
Des Moines, IA                 Wed, Aug 27, 2014                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:               $232.62
Change from prior day:              ($0.90)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $298.08        $166.45       ($0.53)
100% lean inside round                      $368.36          $8.55         $0.08
100% lean, flats and eyes                   $353.31          $8.20         
100% lean, S.P.B.                           $352.90         $17.64         $0.01
Chuck Tender                                $309.60          $3.10       ($0.01)
Knuckle                   4-7 lbs.          $315.13          $7.97       ($0.14)
Tenderloin                2-3 lbs.          $508.73          $2.70         
Tenderloin                3-4 lbs.          $571.80          $4.23       ($0.02)
Ribeye Roll               4-6 lbs.          $365.10          $3.83       ($0.24)
Ribeye Roll               6-8 lbs.          $377.79          $2.80       ($0.03)
Ribeye Roll               8up lbs.          $376.65          $2.75       ($0.03)
Flank Steak                                 $347.79          $1.46         $0.01
Kidney, Edible                               $37.09          $0.17         
Fat, inedible                                $25.63          $0.59         
Bone                                          $9.09          $2.18         
--------------------------------------------------------------------------------
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                 25.21  loads --            1,008,335  pounds
Cutter/Canner Cuts                  6.27  loads --              250,695  pounds
Boner/Breaker/Cutter/Canner        22.83  loads --              913,307  pounds
100% Lean Items                    35.46  loads --            1,418,454  pounds
Frozen Cuts                         3.24  loads --              129,796  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11    5,412   $436.82       $2.72
112   Rib, ribeye roll, 8-10 lbs.             37  105,954   $431.02    ($10.76)
112   Rib, ribeye roll, 10-up lbs.            51   36,513   $455.20     ($5.72)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      13   12,980   $558.19     ($1.20)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       4    6,111   $518.92       $8.17
      Chuck, boneless 85%                     11  122,684   $280.79     ($2.66)
120   Chuck, brisket                          25   37,067   $282.67       $1.70
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           29  102,192   $295.67     ($4.29)
169A  Round, top inside c-off, 8-10 lbs.       4   21,410   $343.07       
169A  Round, top inside c-off, 10-14 lbs.     27  223,172   $341.36     ($0.22)
169A  Round, top inside c-off, 14-up lbs.      4   22,075   $349.91     ($0.97)
171B  Round, outside round                     9   83,748   $351.97       $2.04
171C  Round, eye of round                     42   84,409   $338.87     ($0.33)
      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.             5    7,724   $349.52       $4.69
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  22   50,401   $317.84     ($5.06)
185A  Loin, bottom sirloin butt flap, bnls.   27   68,723   $345.07     ($1.80)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              42   94,470   $378.26     ($5.90)
112   Rib, ribeye roll, 8-up lbs.             33  156,225   $376.65     ($3.64)
100% LEAN
      Inside round - Combo                    12  180,671   $365.02       $1.90
      Inside round - Boxed                    33   74,718   $376.44       $4.71
      Outside round                            5   33,750   $352.86       $2.22
      Eye of round                             8   27,085   $343.11    ($11.52)
      Flats and eyes - Combo                  34  463,231   $353.94       $0.54
      Flats and eyes - Boxed                            
      Striploin                               70  242,450   $394.06     ($0.69)
      S.P.B. - Combo                          31  396,549   $352.90       $0.34
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     28   91,757   $309.60     ($1.48)
167A  Round, knuckle, peeled                  50  197,474   $315.13     ($5.47)
190   Loin, tenderloin, 2-3 lbs.              21   22,739   $508.73     ($0.75)
190   Loin, tenderloin, 3-4 lbs.              39   94,554   $571.80     ($2.72)
190   Loin, tenderloin, 4-5 lbs.             129  293,636   $655.32     ($3.64)
190   Loin, tenderloin, 5-up lbs.             25   18,811   $637.71      $11.34
193   Flank, flank steak                      85   85,059   $374.49     ($1.51)
      Flank, rough                            43  109,277   $309.29       $1.61
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              6   11,725   $420.97
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.
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   40,760   $365.10
112   Rib, ribeye roll, 6-8 lbs.
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                      13   37,314   $286.93       $3.18
--------------------------------------------------------------------------------
Source:    USDA Market News Service, Des Moines, IA
           515-284-4460      email:  desm.lpgmn@usda.gov
           24 Hour recorded market information 515-284-4830
           http://www.ams.usda.gov/LSMarketNews
1530C

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