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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 9/24/2015

LM_XB405
Des Moines, IA                 Thu, Sep 24, 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:               $215.91
Change from prior day:              ($0.52)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $271.92        $151.84       ($0.47)
100% lean inside round                      $380.41          $8.83       ($0.05)
100% lean, flats and eyes                   $342.39          $7.94         
100% lean, S.P.B.                           $339.11         $16.96       ($0.01)
Chuck Tender                                $271.35          $2.71       ($0.01)
Knuckle                   4-7 lbs.          $298.48          $7.55       ($0.01)
Tenderloin                2-3 lbs.          $571.18          $3.03         
Tenderloin                3-4 lbs.          $603.98          $4.47         $0.02
Ribeye Roll               4-6 lbs.          $336.35          $3.53         
Ribeye Roll               6-8 lbs.          $371.61          $2.75         $0.01
Ribeye Roll               8up lbs.          $368.16          $2.69       ($0.08)
Flank Steak                                 $356.12          $1.50         $0.08
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                 30.63  loads --            1,225,206  pounds
Cutter/Canner Cuts                  1.56  loads --               62,262  pounds
Boner/Breaker/Cutter/Canner        14.74  loads --              589,684  pounds
100% Lean Items                    17.77  loads --              710,675  pounds
Frozen Cuts                         2.51  loads --              100,289  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6    7,035   $404.80
112   Rib, ribeye roll, 8-10 lbs.             30   60,764   $397.74     ($4.90)
112   Rib, ribeye roll, 10-up lbs.            66   82,159   $416.83       $0.11
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      24   54,162   $485.43    ($24.67)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      23  135,837   $474.87     ($5.52)
      Chuck, boneless 85%                      5   63,000   $236.31       
120   Chuck, brisket                          18   56,209   $229.52     ($0.79)
168   Round, top inside, 10-dn lbs.            3    5,334   $259.60
168   Round, top inside, 10-up lbs.           14   34,109   $277.71     ($0.73)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     25  210,083   $337.06     ($1.17)
169A  Round, top inside c-off, 14-up lbs.      4   35,713   $343.86       
171B  Round, outside round                     5   22,840   $324.43       $4.29
171C  Round, eye of round                     21   34,367   $327.97       $2.07
      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.            52  161,302   $297.86     ($8.72)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  28   79,037   $292.69     ($0.31)
185A  Loin, bottom sirloin butt flap, bnls.   52  182,042   $357.01     ($4.49)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               6   18,565   $336.35       
112   Rib, ribeye roll, 6-8 lbs.              29   30,118   $371.61       $1.36
112   Rib, ribeye roll, 8-up lbs.              5   13,579   $368.16    ($10.74)
100% LEAN
      Inside round - Combo                     4   54,295   $379.74     ($0.33)
      Inside round - Boxed                    27   47,999   $381.16     ($3.77)
      Outside round
      Eye of round                            14   41,157   $349.52       $3.54
      Flats and eyes - Combo                   9  140,500   $340.35       $0.04
      Flats and eyes - Boxed                            
      Striploin                               59  204,723   $424.88     ($0.57)
      S.P.B. - Combo                          11  210,500   $339.11     ($0.33)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     36  117,799   $271.35     ($0.68)
167A  Round, knuckle, peeled                  13   40,127   $298.48     ($0.52)
190   Loin, tenderloin, 2-3 lbs.              15   20,548   $571.18     ($1.24)
190   Loin, tenderloin, 3-4 lbs.              35   68,286   $603.98       $2.92
190   Loin, tenderloin, 4-5 lbs.             117  127,566   $635.37     ($6.14)
190   Loin, tenderloin, 5-up lbs.             36   25,332   $661.87       $7.53
193   Flank, flank steak                     101   85,229   $405.60     ($4.26)
      Flank, rough                            39  104,797   $307.92     ($7.15)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   39,260   $378.83      $32.09
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    9,828   $395.78
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                      17   44,341   $261.01      $31.13
--------------------------------------------------------------------------------
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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