Cutter Cow Cutout & Boxed Cow Beef Cuts - Afternoon

LM_XB405
Des Moines, IA                 Thu, May 24, 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:               $179.56
Change from prior day:                $0.16
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $230.86        $128.91         $0.14
100% lean inside round                      $282.27          $6.55       ($0.03)
100% lean, flats and eyes                   $271.79          $6.31         
100% lean, S.P.B.                           $259.34         $12.97         $0.01
Chuck Tender                                $235.98          $2.36         $0.01
Knuckle                   4-7 lbs.          $244.90          $6.20         $0.01
Tenderloin                2-3 lbs.          $448.95          $2.38         
Tenderloin                3-4 lbs.          $487.96          $3.61         $0.01
Ribeye Roll               4-6 lbs.          $240.00          $2.52         
Ribeye Roll               6-8 lbs.          $249.55          $1.85         
Ribeye Roll               8up lbs.          $250.74          $1.83         
Flank Steak                                 $246.32          $1.03         $0.01
Kidney, Edible                               $37.67          $0.17         
Fat, inedible                                $33.00          $0.77         
Bone                                          $8.74          $2.10         
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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                 49.79  loads --            1,991,461  pounds
Cutter/Canner Cuts                  5.73  loads --              229,257  pounds
Boner/Breaker/Cutter/Canner        31.46  loads --            1,258,480  pounds
100% Lean Items                    35.77  loads --            1,430,844  pounds
Frozen Cuts                         6.93  loads --              277,366  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.              16   52,284   $264.69       $0.28
112   Rib, ribeye roll, 8-10 lbs.             61  176,379   $284.20     ($0.43)
112   Rib, ribeye roll, 10-up lbs.            54   90,943   $279.98     ($0.67)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      28   51,851   $378.65       $1.50
112A  Rib, ribeye roll-lip-on, 8-up lbs.      20   54,924   $297.45     ($0.52)
      Chuck, boneless 85%                     12   82,500   $224.14       $0.29
120   Chuck, brisket                          36   54,615   $220.10       $1.81
168   Round, top inside, 10-dn lbs.            4   28,000   $220.03       
168   Round, top inside, 10-up lbs.           42  120,889   $224.88     ($7.60)
169A  Round, top inside c-off, 8-10 lbs.       4   15,150   $266.16       $0.01
169A  Round, top inside c-off, 10-14 lbs.     79  703,585   $261.61       $1.25
169A  Round, top inside c-off, 14-up lbs.     19   92,402   $262.97       $0.09
171B  Round, outside round                    21  107,860   $232.74     ($0.18)
171C  Round, eye of round                     34   63,326   $248.46       $1.98
      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   10,683   $238.78       $2.72
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  30   74,746   $232.41     ($3.26)
185A  Loin, bottom sirloin butt flap, bnls.   49  210,474   $265.76     ($7.52)
191A  Loin, butt tender, peeled                3      850   $473.00       
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              53  102,435   $253.68       $0.24
112   Rib, ribeye roll, 8-up lbs.             25  126,822   $251.03       $0.10
100% LEAN
      Inside round - Combo                    33  159,221   $275.26     ($5.25)
      Inside round - Boxed                    59  135,652   $290.49       $0.90
      Outside round                            7   22,297   $270.21       
      Eye of round                            21   35,561   $277.98       $2.02
      Flats and eyes - Combo                  38  343,409   $271.25     ($0.65)
      Flats and eyes - Boxed                            
      Striploin                               64  262,132   $282.20       $0.05
      S.P.B. - Combo                          57  472,572   $259.34       $0.18
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     41  122,433   $235.98       $1.02
167A  Round, knuckle, peeled                  87  432,178   $244.90       $0.21
190   Loin, tenderloin, 2-3 lbs.              29   45,047   $448.95       $0.10
190   Loin, tenderloin, 3-4 lbs.              46   85,010   $487.59       $1.83
190   Loin, tenderloin, 4-5 lbs.             162  225,304   $521.87     ($1.80)
190   Loin, tenderloin, 5-up lbs.             53  108,383   $536.66       $0.97
193   Flank, flank steak                      99  155,082   $260.21     ($0.46)
      Flank, rough                            65   85,043   $237.74       $1.42
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              14   43,641   $267.90       $8.43
112   Rib, ribeye roll, 8-10 lbs.              6   48,824   $252.87     ($2.18)
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.             9    9,464   $258.23     ($5.20)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.               5   64,562   $243.00     ($0.64)
112   Rib, ribeye roll, 8-up lbs.              3   14,584   $248.24       
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.                        
190   Loin, tenderloin, 3-4 lbs.               3    2,700   $499.67       
190   Loin, tenderloin, 4-5 lbs.
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      22   85,303   $221.08       $4.05
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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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