Saturday Morning Cutter Cow Price Report

Cattle 3
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:               $205.51
Change from prior day:                $3.23
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $267.24        $149.23         $3.39
100% lean inside round                      $310.42          $7.20       ($0.02)
100% lean, flats and eyes                   $301.28          $6.99         
100% lean, S.P.B.                           $292.16         $14.61         
Chuck Tender                                $278.66          $2.79       ($0.02)
Knuckle                   4-7 lbs.          $291.04          $7.36       ($0.10)
Tenderloin                2-3 lbs.          $415.43          $2.20       ($0.01)
Tenderloin                3-4 lbs.          $457.89          $3.39       ($0.04)
Ribeye Roll               4-6 lbs.          $281.20          $2.95         
Ribeye Roll               6-8 lbs.          $294.60          $2.18         
Ribeye Roll               8up lbs.          $300.98          $2.20         
Flank Steak                                 $294.24          $1.24         $0.03
Kidney, Edible                               $29.00          $0.13         
Fat, inedible                                $22.61          $0.52         
Bone                                         $10.48          $2.52         
--------------------------------------------------------------------------------
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                 32.77  loads --            1,310,987  pounds
Cutter/Canner Cuts                  5.47  loads --              218,921  pounds
Boner/Breaker/Cutter/Canner        23.80  loads --              951,970  pounds
100% Lean Items                    32.91  loads --            1,316,352  pounds
Frozen Cuts                         4.39  loads --              175,452  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              16   67,005   $321.28       $2.76
112   Rib, ribeye roll, 8-10 lbs.             57  123,505   $330.44     ($2.11)
112   Rib, ribeye roll, 10-up lbs.            59   72,609   $331.71       $0.15
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      13   15,686   $444.09     ($0.52)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      19   39,720   $360.67       $9.51
      Chuck, boneless 85%                      4   46,228   $280.07       $0.79
120   Chuck, brisket                          22   10,930   $256.28       $1.13
168   Round, top inside, 10-dn lbs.            6    5,602   $309.96       $0.15
168   Round, top inside, 10-up lbs.           19   86,171   $282.58     ($2.62)
169A  Round, top inside c-off, 8-10 lbs.       3   18,560   $315.26       
169A  Round, top inside c-off, 10-14 lbs.     45  381,547   $306.74       $1.35
169A  Round, top inside c-off, 14-up lbs.     15   56,082   $319.60     ($0.74)
171B  Round, outside round                    16  156,255   $287.48       $2.62
171C  Round, eye of round                     30   50,014   $301.94     ($0.19)
      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   15,410   $274.46       $2.75
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  32   50,235   $275.66       $6.69
185A  Loin, bottom sirloin butt flap, bnls.   39  115,278   $299.45     ($0.04)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              46  122,900   $302.65       $1.05
112   Rib, ribeye roll, 8-up lbs.             32   96,021   $301.13       $0.01
100% LEAN
      Inside round - Combo                    26  306,990   $306.12       $0.04
      Inside round - Boxed                    42  116,258   $321.80     ($2.68)
      Outside round                           10  118,501   $314.06       $0.41
      Eye of round                            15   22,645   $304.84       $0.06
      Flats and eyes - Combo                  25  255,748   $295.04       $0.12
      Flats and eyes - Boxed
      Striploin                               72  224,658   $362.28       $0.72
      S.P.B. - Combo                          23  271,492   $292.16       
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     44  156,516   $278.66     ($2.38)
167A  Round, knuckle, peeled                  52  326,774   $291.04     ($3.91)
190   Loin, tenderloin, 2-3 lbs.               9   10,579   $418.24     ($1.27)
190   Loin, tenderloin, 3-4 lbs.              36   63,787   $457.89     ($5.41)
190   Loin, tenderloin, 4-5 lbs.             128  167,157   $492.57       $0.50
190   Loin, tenderloin, 5-up lbs.             39   35,353   $539.40       $6.32
193   Flank, flank steak                      87  116,716   $316.68       $2.36
      Flank, rough                            42   75,088   $278.54       $0.57
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   14,308   $355.14       
112   Rib, ribeye roll, 8-10 lbs.              6   27,263   $311.79       
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.             3    3,120   $355.50       $1.14
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4   10,350   $281.20       
112   Rib, ribeye roll, 6-8 lbs.               8   51,410   $275.35       
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                      11   43,060   $233.43       $5.20
Authors
Top