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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 10/29/2015

LM_XB405
Des Moines, IA                 Thu, Oct 29, 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:               $181.07
Change from prior day:              ($2.99)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $220.21        $122.97       ($2.84)
100% lean inside round                      $311.50          $7.23       ($0.17)
100% lean, flats and eyes                   $316.66          $7.35       ($0.14)
100% lean, S.P.B.                           $308.83         $15.44         $0.18
Chuck Tender                                $239.34          $2.39         
Knuckle                   4-7 lbs.          $260.79          $6.60         $0.02
Tenderloin                2-3 lbs.          $561.29          $2.97       ($0.03)
Tenderloin                3-4 lbs.          $582.58          $4.31         $0.01
Ribeye Roll               4-6 lbs.          $315.01          $3.31         
Ribeye Roll               6-8 lbs.          $358.69          $2.65       ($0.01)
Ribeye Roll               8up lbs.          $355.55          $2.60         
Flank Steak                                 $364.39          $1.53       ($0.01)
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                 30.74  loads --            1,229,536  pounds
Cutter/Canner Cuts                  2.58  loads --              103,228  pounds
Boner/Breaker/Cutter/Canner        19.78  loads --              791,328  pounds
100% Lean Items                    32.24  loads --            1,289,457  pounds
Frozen Cuts                         4.18  loads --              167,022  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       
112   Rib, ribeye roll, 8-10 lbs.             31  101,927   $367.58     ($0.77)
112   Rib, ribeye roll, 10-up lbs.            77  115,930   $385.91     ($0.12)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      27   48,345   $413.35       $5.33
112A  Rib, ribeye roll-lip-on, 8-up lbs.      19   34,231   $441.45      $26.21
      Chuck, boneless 85%                      6  105,000   $196.74       
120   Chuck, brisket                          24   61,317   $205.36     ($0.04)
168   Round, top inside, 10-dn lbs.            3    1,482   $236.22       $2.68
168   Round, top inside, 10-up lbs.           14   41,375   $268.34      $35.93
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     25  136,492   $314.17       $1.79
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     4   16,840   $327.31       $1.88
171C  Round, eye of round                     38   50,944   $320.90       $8.27
      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.            35  189,143   $234.45    ($24.26)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  36  160,252   $233.28       $1.83
185A  Loin, bottom sirloin butt flap, bnls.   47  143,730   $327.98       $7.66
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               7   23,186   $312.70     ($0.70)
112   Rib, ribeye roll, 6-8 lbs.              30   61,748   $360.59     ($1.10)
112   Rib, ribeye roll, 8-up lbs.              9   18,294   $355.55       
100% LEAN
      Inside round - Combo                    10  160,229   $296.52    ($14.84)
      Inside round - Boxed                    32   76,412   $342.92       $1.82
      Outside round                            4   15,073   $323.11
      Eye of round                            15   60,204   $330.88     ($1.47)
      Flats and eyes - Combo                  21  364,618   $314.05     ($6.70)
      Flats and eyes - Boxed                            
      Striploin                               60  255,667   $404.36     ($6.12)
      S.P.B. - Combo                          23  357,254   $308.83       $3.66
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     44  193,289   $239.34     ($0.09)
167A  Round, knuckle, peeled                  15   65,287   $260.79       $0.74
190   Loin, tenderloin, 2-3 lbs.              19   73,281   $561.29     ($4.28)
190   Loin, tenderloin, 3-4 lbs.              32   41,489   $582.58       $0.88
190   Loin, tenderloin, 4-5 lbs.             141  158,479   $601.83       $1.99
190   Loin, tenderloin, 5-up lbs.             30   75,378   $579.31     ($1.16)
193   Flank, flank steak                      80   88,504   $369.11       $0.58
      Flank, rough                            42   95,621   $269.06    ($13.02)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
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.             3    4,680   $415.22
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                       6   11,358   $327.59
--------------------------------------------------------------------------------
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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