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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 10/28/2015

LM_XB405
Des Moines, IA                 Wed, Oct 28, 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:               $184.06
Change from prior day:                $1.10
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $225.30        $125.81         $1.45
100% lean inside round                      $319.07          $7.40       ($0.03)
100% lean, flats and eyes                   $322.97          $7.49       ($0.15)
100% lean, S.P.B.                           $305.17         $15.26       ($0.10)
Chuck Tender                                $239.43          $2.39       ($0.01)
Knuckle                   4-7 lbs.          $260.05          $6.58       ($0.04)
Tenderloin                2-3 lbs.          $565.57          $3.00         $0.02
Tenderloin                3-4 lbs.          $581.70          $4.30         $0.03
Ribeye Roll               4-6 lbs.          $315.12          $3.31         $0.01
Ribeye Roll               6-8 lbs.          $359.73          $2.66         $0.01
Ribeye Roll               8up lbs.          $355.55          $2.60       ($0.09)
Flank Steak                                 $367.19          $1.54         
Kidney, Edible                               $21.85          $0.10         
Fat, inedible                                $17.59          $0.41         
Bone                                          $5.06          $1.21         
--------------------------------------------------------------------------------
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                 28.64  loads --            1,145,710  pounds
Cutter/Canner Cuts                  2.76  loads --              110,355  pounds
Boner/Breaker/Cutter/Canner        19.24  loads --              769,690  pounds
100% Lean Items                    31.76  loads --            1,270,346  pounds
Frozen Cuts                         4.78  loads --              191,204  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   14,654   $404.43     ($4.33)
112   Rib, ribeye roll, 8-10 lbs.             26  106,555   $368.35     ($1.99)
112   Rib, ribeye roll, 10-up lbs.            76   98,247   $386.03     ($1.35)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      28   51,887   $408.02     ($3.65)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      20   41,794   $415.24       $5.48
      Chuck, boneless 85%                      6  105,000   $196.74       $0.31
120   Chuck, brisket                          24   68,418   $205.40     ($4.61)
168   Round, top inside, 10-dn lbs.            4    1,482   $233.54
168   Round, top inside, 10-up lbs.           15   28,110   $232.41       $2.26
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     31  201,674   $312.38     ($0.36)
169A  Round, top inside c-off, 14-up lbs.      3    8,514   $311.88     ($1.61)
171B  Round, outside round                     3    6,840   $325.43       
171C  Round, eye of round                     46   62,468   $312.63       $2.28
      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.            18   61,846   $258.71    ($14.84)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  36  169,044   $231.45     ($2.94)
185A  Loin, bottom sirloin butt flap, bnls.   40  119,177   $320.32    ($12.47)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               8   29,407   $313.40       $0.93
112   Rib, ribeye roll, 6-8 lbs.              32   62,654   $361.69       $1.20
112   Rib, ribeye roll, 8-up lbs.              9   18,294   $355.55    ($12.94)
100% LEAN
      Inside round - Combo                    11  212,214   $311.36     ($2.17)
      Inside round - Boxed                    23   74,220   $341.10       $0.54
      Outside round
      Eye of round                            17   62,437   $332.35     ($1.60)
      Flats and eyes - Combo                  18  307,402   $320.75     ($5.41)
      Flats and eyes - Boxed                            
      Striploin                               59  210,432   $410.48     ($0.55)
      S.P.B. - Combo                          23  390,072   $305.17     ($1.97)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     35  130,116   $239.43     ($0.92)
167A  Round, knuckle, peeled                  15   60,906   $260.05     ($1.53)
190   Loin, tenderloin, 2-3 lbs.              19   66,328   $565.57       $3.45
190   Loin, tenderloin, 3-4 lbs.              36   51,001   $581.70       $4.89
190   Loin, tenderloin, 4-5 lbs.             140  165,677   $599.84       $2.17
190   Loin, tenderloin, 5-up lbs.             39   85,474   $580.47       $4.59
193   Flank, flank steak                      86  100,278   $368.53       $0.09
      Flank, rough                            45  109,910   $282.08     ($4.30)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   69,694   $370.35
112   Rib, ribeye roll, 8-10 lbs.              5   30,420   $340.32       
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
--------------------------------------------------------------------------------
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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