Tuesday Morning Cutter Cow Price Report

Cattle 4
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:               $200.57
Change from prior day:                $1.68
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $257.28        $143.67         $1.57
100% lean inside round                      $316.05          $7.33         
100% lean, flats and eyes                   $304.08          $7.05         $0.06
100% lean, S.P.B.                           $298.83         $14.94         $0.08
Chuck Tender                                $272.65          $2.73       ($0.01)
Knuckle                   4-7 lbs.          $279.16          $7.06       ($0.16)
Tenderloin                2-3 lbs.          $413.77          $2.19         
Tenderloin                3-4 lbs.          $461.27          $3.41       ($0.02)
Ribeye Roll               4-6 lbs.          $282.00          $2.96         
Ribeye Roll               6-8 lbs.          $313.47          $2.32         $0.04
Ribeye Roll               8up lbs.          $306.62          $2.24         
Flank Steak                                 $308.14          $1.29         
Kidney, Edible                               $31.75          $0.15       ($0.01)
Fat, inedible                                $22.61          $0.52         
Bone                                         $11.30          $2.71         $0.13
--------------------------------------------------------------------------------
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                 32.91  loads --            1,316,252  pounds
Cutter/Canner Cuts                  5.05  loads --              201,923  pounds
Boner/Breaker/Cutter/Canner        23.19  loads --              927,547  pounds
100% Lean Items                    36.82  loads --            1,472,985  pounds
Frozen Cuts                         7.80  loads --              311,818  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11    7,041   $369.08       $0.67
112   Rib, ribeye roll, 8-10 lbs.             50  108,305   $335.48     ($3.53)
112   Rib, ribeye roll, 10-up lbs.            49   56,601   $336.49       $0.01
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      20   16,473   $429.63     ($3.20)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      19   31,948   $360.95    ($10.47)
      Chuck, boneless 85%                     17  233,440   $224.95       $2.78
120   Chuck, brisket                          40   28,545   $263.28       $5.27
168   Round, top inside, 10-dn lbs.            6    9,636   $263.09       $0.13
168   Round, top inside, 10-up lbs.           21   97,060   $276.46     ($0.20)
169A  Round, top inside c-off, 8-10 lbs.       3    7,800   $315.90       
169A  Round, top inside c-off, 10-14 lbs.     46  314,660   $316.31     ($1.03)
169A  Round, top inside c-off, 14-up lbs.      8   40,566   $330.55       $0.30
171B  Round, outside round                    13  139,460   $297.40       $3.22
171C  Round, eye of round                     33   73,910   $302.33     ($1.06)
      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.            15   15,645   $275.74     ($0.39)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  15   24,215   $284.66       $1.93
185A  Loin, bottom sirloin butt flap, bnls.   42  110,797   $298.35       $1.18
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              36  106,484   $319.81       $5.70
112   Rib, ribeye roll, 8-up lbs.             27   95,439   $306.62       $0.35
100% LEAN
      Inside round - Combo                    23  219,094   $310.77       $0.39
      Inside round - Boxed                    42  101,642   $327.43     ($1.49)
      Outside round                            6   36,304   $313.41       $8.53
      Eye of round                             8    9,376   $309.88       $2.08
      Flats and eyes - Combo                  45  489,593   $303.28       $2.54
      Flats and eyes - Boxed                            
      Striploin                               47  129,064   $360.18     ($0.88)
      S.P.B. - Combo                          35  487,912   $298.83       $1.61
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     41  146,905   $272.65     ($1.12)
167A  Round, knuckle, peeled                  47  266,751   $279.16     ($6.22)
190   Loin, tenderloin, 2-3 lbs.              25   38,390   $414.22       $1.01
190   Loin, tenderloin, 3-4 lbs.              45   66,987   $463.58     ($2.70)
190   Loin, tenderloin, 4-5 lbs.             119  190,327   $484.77       $0.90
190   Loin, tenderloin, 5-up lbs.             38   30,656   $534.35     ($1.97)
193   Flank, flank steak                      83   83,873   $330.88     ($0.85)
      Flank, rough                            56  103,658   $281.68     ($3.54)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6    9,271   $352.21     ($0.29)
112   Rib, ribeye roll, 8-10 lbs.              9   82,325   $311.07       $0.97
112   Rib, ribeye roll, 10-up lbs.             3   30,171   $309.52
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.             4    3,224   $360.97       
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              11   31,675   $292.13     ($3.19)
112   Rib, ribeye roll, 8-up lbs.                       
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.               3   11,764   $412.30
190   Loin, tenderloin, 3-4 lbs.
190   Loin, tenderloin, 4-5 lbs.               3   60,113   $468.25
190   Loin, tenderloin, 5-up lbs.              3   33,380   $466.98
193   Flank, flank steak                      14   39,235   $259.52      $13.08
Authors
Top