Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 11/2/2015

Past Market Reports

Report Date: 11/2/2015

LM_XB405
Des Moines, IA                 Mon, Nov 02, 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:               $181.24
Change from prior day:              ($0.22)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $221.65        $123.77         $0.49
100% lean inside round                      $301.52          $7.00       ($0.20)
100% lean, flats and eyes                   $309.19          $7.17       ($0.19)
100% lean, S.P.B.                           $302.64         $15.13       ($0.37)
Chuck Tender                                $237.80          $2.38         
Knuckle                   4-7 lbs.          $268.30          $6.79         $0.20
Tenderloin                2-3 lbs.          $557.60          $2.96       ($0.02)
Tenderloin                3-4 lbs.          $580.93          $4.30       ($0.01)
Ribeye Roll               4-6 lbs.          $318.22          $3.34         
Ribeye Roll               6-8 lbs.          $351.46          $2.60       ($0.06)
Ribeye Roll               8up lbs.          $352.15          $2.57       ($0.05)
Flank Steak                                 $360.69          $1.51       ($0.01)
Kidney, Edible                               $21.25          $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                 29.90  loads --            1,195,958  pounds
Cutter/Canner Cuts                  2.35  loads --               93,925  pounds
Boner/Breaker/Cutter/Canner        20.09  loads --              803,769  pounds
100% Lean Items                    33.64  loads --            1,345,505  pounds
Frozen Cuts                         1.68  loads --               67,224  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6    8,184   $409.50       $5.62
112   Rib, ribeye roll, 8-10 lbs.             27   86,690   $378.25       $7.78
112   Rib, ribeye roll, 10-up lbs.            79  117,197   $382.71     ($2.60)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      25   34,818   $434.88      $19.94
112A  Rib, ribeye roll-lip-on, 8-up lbs.      18   20,145   $467.56     ($2.45)
      Chuck, boneless 85%                      5   63,000   $196.59     ($0.15)
120   Chuck, brisket                          35  101,744   $202.97     ($5.46)
168   Round, top inside, 10-dn lbs.            7    8,888   $240.66       $4.44
168   Round, top inside, 10-up lbs.           14   38,443   $271.25       $5.57
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     27  155,078   $314.24     ($0.03)
169A  Round, top inside c-off, 14-up lbs.      3   34,844   $313.43
171B  Round, outside round                     4   18,840   $327.45       $0.43
171C  Round, eye of round                     27   49,248   $314.86     ($3.29)
      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.            33  177,021   $231.55       $1.97
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  38  137,220   $244.45       $0.43
185A  Loin, bottom sirloin butt flap, bnls.   54  144,598   $327.80     ($5.25)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4    7,128   $322.84       
112   Rib, ribeye roll, 6-8 lbs.              28   60,845   $352.85     ($8.09)
112   Rib, ribeye roll, 8-up lbs.             11   25,952   $352.15     ($6.28)
100% LEAN
      Inside round - Combo                    11  176,680   $290.77     ($7.54)
      Inside round - Boxed                    28   49,279   $340.05     ($3.77)
      Outside round                            5   42,698   $313.33     ($2.88)
      Eye of round                            15   38,046   $328.67     ($2.94)
      Flats and eyes - Combo                  20  367,517   $306.69     ($8.24)
      Flats and eyes - Boxed                            
      Striploin                               55  319,339   $400.18     ($0.36)
      S.P.B. - Combo                          24  351,946   $302.64     ($7.42)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     49  201,268   $237.80     ($0.47)
167A  Round, knuckle, peeled                  11   31,055   $268.30       $7.69
190   Loin, tenderloin, 2-3 lbs.              21   72,144   $557.60     ($5.19)
190   Loin, tenderloin, 3-4 lbs.              33   51,497   $580.93     ($1.98)
190   Loin, tenderloin, 4-5 lbs.             134  140,895   $608.85       $3.19
190   Loin, tenderloin, 5-up lbs.             34  134,680   $569.32       $1.69
193   Flank, flank steak                      79   84,897   $364.98     ($1.14)
      Flank, rough                            39   87,333   $265.50     ($1.28)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              4   25,320   $339.54     ($0.93)
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                       6   10,775   $326.88     ($0.12)
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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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