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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 11/3/2015

LM_XB405
Des Moines, IA                 Tue, Nov 03, 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:               $181.81
Change from prior day:                $0.57
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $222.71        $124.36         $0.59
100% lean inside round                      $305.30          $7.08         $0.08
100% lean, flats and eyes                   $310.58          $7.21         $0.04
100% lean, S.P.B.                           $301.85         $15.09       ($0.04)
Chuck Tender                                $238.47          $2.38         
Knuckle                   4-7 lbs.          $260.71          $6.60       ($0.19)
Tenderloin                2-3 lbs.          $557.62          $2.96         
Tenderloin                3-4 lbs.          $582.58          $4.31         $0.01
Ribeye Roll               4-6 lbs.          $324.13          $3.40         $0.06
Ribeye Roll               6-8 lbs.          $354.45          $2.62         $0.02
Ribeye Roll               8up lbs.          $353.01          $2.58         $0.01
Flank Steak                                 $357.87          $1.50       ($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                 33.46  loads --            1,338,438  pounds
Cutter/Canner Cuts                  1.90  loads --               75,818  pounds
Boner/Breaker/Cutter/Canner        19.23  loads --              769,078  pounds
100% Lean Items                    33.30  loads --            1,332,135  pounds
Frozen Cuts                         1.20  loads --               47,828  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             25   53,206   $385.37       $7.12
112   Rib, ribeye roll, 10-up lbs.            76  122,332   $379.94     ($2.77)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      26   42,286   $444.91      $10.03
112A  Rib, ribeye roll-lip-on, 8-up lbs.      22   24,892   $461.50     ($6.06)
      Chuck, boneless 85%                      5   63,000   $196.59       
120   Chuck, brisket                          26   70,742   $198.82     ($4.15)
168   Round, top inside, 10-dn lbs.            7    8,888   $240.66       
168   Round, top inside, 10-up lbs.           13   37,560   $272.66       $1.41
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     47  378,797   $313.42     ($0.82)
169A  Round, top inside c-off, 14-up lbs.      3   27,549   $313.98       $0.55
171B  Round, outside round                     4   18,840   $327.45       
171C  Round, eye of round                     28   52,217   $314.17     ($0.69)
      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.            36  178,964   $231.53     ($0.02)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  36  112,108   $243.01     ($1.44)
185A  Loin, bottom sirloin butt flap, bnls.   48  140,876   $327.72     ($0.08)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              23   48,039   $354.45       $1.60
112   Rib, ribeye roll, 8-up lbs.             11   23,781   $353.01       $0.86
100% LEAN
      Inside round - Combo                    10  156,680   $293.67       $2.90
      Inside round - Boxed                    31   62,069   $334.65     ($5.40)
      Outside round                            7   81,134   $314.28       $0.95
      Eye of round                            14   35,012   $326.98     ($1.69)
      Flats and eyes - Combo                  20  363,517   $308.18       $1.49
      Flats and eyes - Boxed                            
      Striploin                               49  261,777   $397.22     ($2.96)
      S.P.B. - Combo                          24  371,946   $301.85     ($0.79)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     47  174,393   $238.47       $0.67
167A  Round, knuckle, peeled                  10   39,130   $260.71     ($7.59)
190   Loin, tenderloin, 2-3 lbs.              19   69,993   $557.62       $0.02
190   Loin, tenderloin, 3-4 lbs.              31   46,470   $582.58       $1.65
190   Loin, tenderloin, 4-5 lbs.             142  145,553   $605.70     ($3.15)
190   Loin, tenderloin, 5-up lbs.             32  124,839   $570.28       $0.96
193   Flank, flank steak                      88   83,878   $362.99     ($1.99)
      Flank, rough                            40   84,822   $271.88       $6.38
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              6   30,900   $379.32      $39.78
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                       8   13,160   $325.27     ($1.61)
--------------------------------------------------------------------------------
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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