Cutter Cow Cutout & Boxed Cow Beef Cuts - Afternoon

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LM_XB405
Des Moines, IA                 Fri, Feb 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:               $166.67
Change from prior day:              ($0.67)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $213.70        $119.33       ($0.69)
100% lean inside round                      $257.42          $5.97       ($0.01)
100% lean, flats and eyes                   $250.26          $5.81         
100% lean, S.P.B.                           $243.40         $12.17         $0.03
Chuck Tender                                $229.58          $2.30         $0.01
Knuckle                   4-7 lbs.          $237.63          $6.01         $0.02
Tenderloin                2-3 lbs.          $384.35          $2.04       ($0.03)
Tenderloin                3-4 lbs.          $428.23          $3.17         $0.02
Ribeye Roll               4-6 lbs.          $245.81          $2.58         
Ribeye Roll               6-8 lbs.          $251.89          $1.86         
Ribeye Roll               8up lbs.          $254.77          $1.86         
Flank Steak                                 $222.43          $0.93       ($0.02)
Kidney, Edible                               $32.00          $0.15         
Fat, inedible                                $24.79          $0.58         
Bone                                          $7.94          $1.91         
--------------------------------------------------------------------------------
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                 40.07  loads --            1,602,938  pounds
Cutter/Canner Cuts                  3.94  loads --              157,722  pounds
Boner/Breaker/Cutter/Canner        23.66  loads --              946,566  pounds
100% Lean Items                    31.71  loads --            1,268,454  pounds
Frozen Cuts                        12.42  loads --              496,924  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   52,922   $275.85     ($1.14)
112   Rib, ribeye roll, 8-10 lbs.             62  132,528   $293.29       $2.03
112   Rib, ribeye roll, 10-up lbs.            44   37,009   $288.18       $1.98
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      28   24,784   $366.56       $7.18
112A  Rib, ribeye roll-lip-on, 8-up lbs.      29   68,719   $295.66     ($0.30)
      Chuck, boneless 85%
120   Chuck, brisket                          24   23,617   $196.60       $1.65
168   Round, top inside, 10-dn lbs.            5    8,030   $205.60       
168   Round, top inside, 10-up lbs.           39  129,655   $220.14       $7.89
169A  Round, top inside c-off, 8-10 lbs.       6   29,618   $254.87     ($1.07)
169A  Round, top inside c-off, 10-14 lbs.     53  562,383   $251.51     ($0.33)
169A  Round, top inside c-off, 14-up lbs.     13   77,458   $253.77     ($0.44)
171B  Round, outside round                    28  120,978   $230.15       $0.66
171C  Round, eye of round                     43   53,779   $244.96       $0.44
      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.            24   49,089   $230.10       $2.08
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  35   76,923   $222.06       $1.23
185A  Loin, bottom sirloin butt flap, bnls.   45  142,236   $231.43     ($2.61)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              45   81,283   $261.88       $0.16
112   Rib, ribeye roll, 8-up lbs.             21   74,510   $256.46     ($0.04)
100% LEAN
      Inside round - Combo                    31  478,753   $254.96     ($0.10)
      Inside round - Boxed                    33   83,559   $271.47     ($0.12)
      Outside round                            5   23,681   $254.76
      Eye of round                            10    9,809   $259.76       $0.34
      Flats and eyes - Combo                  14  175,883   $249.13     ($0.68)
      Flats and eyes - Boxed                            
      Striploin                               54  149,116   $295.88     ($0.10)
      S.P.B. - Combo                          32  347,653   $243.40       $0.69
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     34  106,868   $229.58       $0.26
167A  Round, knuckle, peeled                  74  221,303   $237.63       $0.95
190   Loin, tenderloin, 2-3 lbs.              19   22,432   $391.26     ($6.46)
190   Loin, tenderloin, 3-4 lbs.              45   59,770   $434.84       $2.82
190   Loin, tenderloin, 4-5 lbs.             173  229,554   $462.27       $0.92
190   Loin, tenderloin, 5-up lbs.             53   75,307   $466.62     ($0.42)
193   Flank, flank steak                     119  124,814   $248.15     ($3.67)
      Flank, rough                            53  106,518   $225.23       $0.34
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              13   86,711   $281.78     ($1.03)
112   Rib, ribeye roll, 8-10 lbs.             12   64,704   $245.79       $0.52
112   Rib, ribeye roll, 10-up lbs.             4   25,667   $270.00       
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.      4   15,876   $220.95       
169A  Round, top inside c-off, 14-up lbs.
180   Loin, strip, bnls, 7-9 lbs.                       
180   Loin, strip, bnls, 9-up lbs.             6    7,280   $281.50     ($0.56)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.               6   77,948   $241.48       
112   Rib, ribeye roll, 8-up lbs.              6   23,874   $249.50       
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                      34  150,044   $201.04     ($0.70)
--------------------------------------------------------------------------------
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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