Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 10/16/2015

Past Market Reports

Report Date: 10/16/2015

LM_XB405
Des Moines, IA                 Fri, Oct 16, 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:               $190.27
Change from prior day:              ($0.77)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $232.37        $129.76       ($0.53)
100% lean inside round                      $346.98          $8.05       ($0.24)
100% lean, flats and eyes                   $342.03          $7.94         $0.02
100% lean, S.P.B.                           $319.50         $15.97       ($0.03)
Chuck Tender                                $238.63          $2.39         $0.01
Knuckle                   4-7 lbs.          $271.96          $6.88       ($0.02)
Tenderloin                2-3 lbs.          $566.58          $3.00         $0.01
Tenderloin                3-4 lbs.          $584.22          $4.32         $0.02
Ribeye Roll               4-6 lbs.          $325.00          $3.41         
Ribeye Roll               6-8 lbs.          $347.39          $2.57         
Ribeye Roll               8up lbs.          $380.67          $2.78         
Flank Steak                                 $332.07          $1.39       ($0.01)
Kidney, Edible                               $20.45          $0.09         
Fat, inedible                                $17.59          $0.41         
Bone                                          $5.47          $1.31         
--------------------------------------------------------------------------------
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                 28.84  loads --            1,153,752  pounds
Cutter/Canner Cuts                  1.09  loads --               43,473  pounds
Boner/Breaker/Cutter/Canner        21.32  loads --              852,994  pounds
100% Lean Items                    24.30  loads --              971,938  pounds
Frozen Cuts                         2.31  loads --               92,257  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    3,220   $406.96       $3.76
112   Rib, ribeye roll, 8-10 lbs.             25   65,698   $380.53      $16.67
112   Rib, ribeye roll, 10-up lbs.            77  111,971   $387.06     ($0.58)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      39  101,013   $435.27       $7.90
112A  Rib, ribeye roll-lip-on, 8-up lbs.      22   93,698   $442.95       $0.15
      Chuck, boneless 85%                      5   63,000   $199.98       
120   Chuck, brisket                          30   95,326   $192.75       $0.62
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           14   47,345   $247.89     ($4.89)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     22  129,130   $312.96     ($0.08)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     6   32,420   $325.77     ($0.41)
171C  Round, eye of round                     24   42,525   $319.91       $0.67
      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.            37  105,869   $280.30       $4.36
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  26   52,306   $270.12      $10.34
185A  Loin, bottom sirloin butt flap, bnls.   63  182,656   $323.24     ($1.85)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              21   29,928   $348.77     ($0.44)
112   Rib, ribeye roll, 8-up lbs.              5    9,530   $380.67       
100% LEAN
      Inside round - Combo                     3   34,656   $337.74
      Inside round - Boxed                    26   29,801   $357.74     ($1.02)
      Outside round                            3   28,864   $341.35       
      Eye of round                            11   46,589   $339.01       $0.35
      Flats and eyes - Combo                  11  204,057   $342.81       $0.78
      Flats and eyes - Boxed                            
      Striploin                               61  252,111   $406.59       $2.45
      S.P.B. - Combo                          16  375,860   $319.50     ($0.53)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     44  170,703   $238.63       $0.49
167A  Round, knuckle, peeled                  14   51,892   $271.96     ($0.68)
190   Loin, tenderloin, 2-3 lbs.              15   15,201   $566.58       $1.84
190   Loin, tenderloin, 3-4 lbs.              29   72,754   $584.22       $3.45
190   Loin, tenderloin, 4-5 lbs.             148  208,065   $581.76       $8.27
190   Loin, tenderloin, 5-up lbs.             41  109,751   $582.61       $4.30
193   Flank, flank steak                      94  106,285   $354.39       $1.69
      Flank, rough                            48  118,343   $269.47       $0.32
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   24,239   $341.50     ($0.38)
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                      10   29,806   $252.48       $0.50
--------------------------------------------------------------------------------
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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