Cutter Cow Cutout & Boxed Cow Beef Cuts - Afternoon

LM_XB405
Des Moines, IA                 Fri, Apr 13, 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:               $173.07
Change from prior day:              ($0.81)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $221.27        $123.56       ($0.85)
100% lean inside round                      $274.50          $6.37         $0.01
100% lean, flats and eyes                   $262.92          $6.10         
100% lean, S.P.B.                           $253.70         $12.69         $0.01
Chuck Tender                                $220.95          $2.21         $0.01
Knuckle                   4-7 lbs.          $233.63          $5.91         
Tenderloin                2-3 lbs.          $445.43          $2.36         $0.01
Tenderloin                3-4 lbs.          $479.95          $3.55         
Ribeye Roll               4-6 lbs.          $268.00          $2.81         
Ribeye Roll               6-8 lbs.          $247.53          $1.83       ($0.01)
Ribeye Roll               8up lbs.          $244.40          $1.78         
Flank Steak                                 $257.88          $1.08         $0.01
Kidney, Edible                               $39.50          $0.18         
Fat, inedible                                $31.66          $0.73         
Bone                                          $7.94          $1.91         
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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                 39.67  loads --            1,586,930  pounds
Cutter/Canner Cuts                  4.51  loads --              180,365  pounds
Boner/Breaker/Cutter/Canner        25.59  loads --            1,023,409  pounds
100% Lean Items                    39.08  loads --            1,563,252  pounds
Frozen Cuts                         3.75  loads --              150,000  pounds
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IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              13   36,167   $264.56     ($0.10)
112   Rib, ribeye roll, 8-10 lbs.             77  188,005   $268.31       $1.00
112   Rib, ribeye roll, 10-up lbs.            29   49,450   $263.61     ($2.43)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      31   39,009   $307.18       $5.60
112A  Rib, ribeye roll-lip-on, 8-up lbs.      22   34,474   $267.14       $2.12
      Chuck, boneless 85%                     11   61,903   $213.85       $0.01
120   Chuck, brisket                          21   35,156   $195.89     ($1.81)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           28   99,308   $216.85     ($2.54)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     45  373,985   $258.14       $0.21
169A  Round, top inside c-off, 14-up lbs.     14   51,644   $258.88     ($0.03)
171B  Round, outside round                    20  102,948   $208.75     ($0.91)
171C  Round, eye of round                     35   65,122   $234.39     ($0.23)
      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.            14   36,042   $225.01     ($0.73)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  33  119,802   $196.95       $7.10
185A  Loin, bottom sirloin butt flap, bnls.   52  279,404   $247.88       $0.31
191A  Loin, butt tender, peeled                4    2,583   $475.54       
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              43  100,441   $246.42     ($0.84)
112   Rib, ribeye roll, 8-up lbs.             17   79,924   $243.91       $0.42
100% LEAN
      Inside round - Combo                    19  241,904   $272.86       $0.97
      Inside round - Boxed                    48   66,630   $280.48       $0.07
      Outside round                           11   65,996   $262.08       $0.10
      Eye of round                            24   45,003   $270.03       $0.31
      Flats and eyes - Combo                  27  379,356   $262.23       $0.14
      Flats and eyes - Boxed                            
      Striploin                               58  207,745   $302.33     ($0.12)
      S.P.B. - Combo                          48  556,618   $253.70       $0.14
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     36  117,602   $220.95       $1.35
167A  Round, knuckle, peeled                  85  265,919   $233.63     ($0.14)
190   Loin, tenderloin, 2-3 lbs.              13   18,080   $446.08       $2.49
190   Loin, tenderloin, 3-4 lbs.              39   97,102   $479.86       $0.27
190   Loin, tenderloin, 4-5 lbs.             124  206,300   $525.41      $10.13
190   Loin, tenderloin, 5-up lbs.             41   62,668   $512.93     ($1.12)
193   Flank, flank steak                     109  150,384   $264.36       $2.98
      Flank, rough                            62  105,354   $225.11     ($3.21)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10   32,307   $270.27     ($0.18)
112   Rib, ribeye roll, 8-10 lbs.              5   35,184   $261.09     ($1.70)
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.
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                      17   39,092   $232.97     ($3.14)
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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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