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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 9/23/2015

LM_XB405
Des Moines, IA                 Wed, Sep 23, 2015                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:               $216.43
Change from prior day:                $4.67
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $272.77        $152.31         $4.64
100% lean inside round                      $382.74          $8.88       ($0.04)
100% lean, flats and eyes                   $342.07          $7.94         $0.01
100% lean, S.P.B.                           $339.44         $16.97         
Chuck Tender                                $272.03          $2.72       ($0.03)
Knuckle                   4-7 lbs.          $299.00          $7.56       ($0.01)
Tenderloin                2-3 lbs.          $572.42          $3.03         $0.04
Tenderloin                3-4 lbs.          $601.06          $4.45         $0.02
Ribeye Roll               4-6 lbs.          $336.35          $3.53         
Ribeye Roll               6-8 lbs.          $370.25          $2.74         $0.04
Ribeye Roll               8up lbs.          $378.90          $2.77         $0.01
Flank Steak                                 $338.86          $1.42       ($0.01)
Kidney, Edible                               $21.35          $0.10         
Fat, inedible                                $18.93          $0.44         
Bone                                          $6.53          $1.57         
--------------------------------------------------------------------------------
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                 30.68  loads --            1,227,309  pounds
Cutter/Canner Cuts                  1.68  loads --               67,062  pounds
Boner/Breaker/Cutter/Canner        15.02  loads --              600,949  pounds
100% Lean Items                    20.55  loads --              822,187  pounds
Frozen Cuts                         2.03  loads --               81,115  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             31   54,763   $402.64       $1.01
112   Rib, ribeye roll, 10-up lbs.            70   80,751   $416.72       $0.33
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      25   52,458   $510.10    ($17.49)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      26  143,263   $480.39    ($40.50)
      Chuck, boneless 85%                      5   63,000   $236.31       
120   Chuck, brisket                          23   74,719   $230.31     ($1.81)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           14   35,088   $278.44       $8.37
169A  Round, top inside c-off, 8-10 lbs.       3    1,654   $347.00       
169A  Round, top inside c-off, 10-14 lbs.     34  281,031   $338.23     ($4.54)
169A  Round, top inside c-off, 14-up lbs.      4   35,713   $343.86
171B  Round, outside round                     3    8,840   $320.14       $1.23
171C  Round, eye of round                     27   40,411   $325.90     ($0.69)
      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.            42  126,868   $306.58    ($30.81)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  24   71,237   $293.00    ($21.89)
185A  Loin, bottom sirloin butt flap, bnls.   45  150,855   $361.50     ($1.56)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               6   18,565   $336.35       $0.11
112   Rib, ribeye roll, 6-8 lbs.              26   28,318   $370.25       $5.44
112   Rib, ribeye roll, 8-up lbs.              7   20,179   $378.90       $0.55
100% LEAN
      Inside round - Combo                     3   30,085   $380.07     ($0.97)
      Inside round - Boxed                    23   36,788   $384.93     ($8.37)
      Outside round                            4   30,792   $343.93       
      Eye of round                            18   54,612   $345.98       $0.48
      Flats and eyes - Combo                  10  154,500   $340.31     ($0.05)
      Flats and eyes - Boxed                            
      Striploin                               62  240,910   $425.45       $0.15
      S.P.B. - Combo                          14  274,500   $339.44       $0.02
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     35  143,651   $272.03     ($2.71)
167A  Round, knuckle, peeled                  12   33,873   $299.00     ($0.30)
190   Loin, tenderloin, 2-3 lbs.              17   21,566   $572.42     ($1.66)
190   Loin, tenderloin, 3-4 lbs.              32   56,569   $601.06       $1.93
190   Loin, tenderloin, 4-5 lbs.             108  111,370   $641.51    ($12.28)
190   Loin, tenderloin, 5-up lbs.             39   61,074   $654.34     ($4.11)
193   Flank, flank steak                     100   83,908   $409.86     ($2.50)
      Flank, rough                            37   88,938   $315.07       $0.38
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4   21,710   $346.74       $0.84
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                      16   54,666   $229.88    ($18.31)
--------------------------------------------------------------------------------
Source:    USDA Market News Service, Des Moines, IA
           515-284-4460      email:  desm.lpgmn@usda.gov
           24 Hour recorded market information 515-284-4830
           http://www.ams.usda.gov/LSMarketNews
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