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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 12/15/2015

LM_XB405
Des Moines, IA                 Tue, Dec 15, 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:               $161.08
Change from prior day:                $0.72
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $194.77        $108.76         $1.08
100% lean inside round                      $282.27          $6.55       ($0.14)
100% lean, flats and eyes                   $286.58          $6.65       ($0.08)
100% lean, S.P.B.                           $281.73         $14.09       ($0.23)
Chuck Tender                                $191.66          $1.92       ($0.01)
Knuckle                   4-7 lbs.          $219.55          $5.55       ($0.01)
Tenderloin                2-3 lbs.          $487.91          $2.59       ($0.10)
Tenderloin                3-4 lbs.          $589.89          $4.37         $0.15
Ribeye Roll               4-6 lbs.          $300.44          $3.15         
Ribeye Roll               6-8 lbs.          $314.10          $2.32         $0.09
Ribeye Roll               8up lbs.          $333.06          $2.43         
Flank Steak                                 $328.35          $1.38       ($0.03)
Kidney, Edible                               $23.50          $0.11         
Fat, inedible                                $12.23          $0.28         
Bone                                          $3.87          $0.93         
--------------------------------------------------------------------------------
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                 42.75  loads --            1,709,956  pounds
Cutter/Canner Cuts                  2.25  loads --               90,185  pounds
Boner/Breaker/Cutter/Canner        22.08  loads --              883,127  pounds
100% Lean Items                    27.65  loads --            1,105,850  pounds
Frozen Cuts                         2.50  loads --              100,038  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   16,680   $328.89     ($0.25)
112   Rib, ribeye roll, 8-10 lbs.             35  119,109   $319.01     ($1.53)
112   Rib, ribeye roll, 10-up lbs.            82  134,891   $340.07       $1.38
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      30   50,867   $315.13    ($11.12)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      22  124,713   $328.78    ($47.90)
      Chuck, boneless 85%                      5   63,000   $184.11       
120   Chuck, brisket                          27   68,968   $184.09     ($0.29)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           17   50,490   $207.83       $0.91
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     45  485,870   $266.48     ($1.86)
169A  Round, top inside c-off, 14-up lbs.      6   35,975   $274.19     ($0.11)
171B  Round, outside round                     4   36,420   $324.94       
171C  Round, eye of round                     35   51,484   $281.29     ($1.63)
      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.            28  175,479   $216.79       $0.42
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  28  132,665   $209.48       $4.45
185A  Loin, bottom sirloin butt flap, bnls.   50  160,999   $314.21     ($4.11)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              32   59,647   $314.10      $12.59
112   Rib, ribeye roll, 8-up lbs.              4   28,713   $333.06       $0.14
100% LEAN
      Inside round - Combo                     8  174,963   $281.26     ($7.86)
      Inside round - Boxed                    32   69,748   $284.79     ($2.61)
      Outside round                            5   72,330   $289.05       $0.95
      Eye of round                            20   68,386   $287.69     ($5.29)
      Flats and eyes - Combo                  13  209,014   $285.36     ($4.45)
      Flats and eyes - Boxed                            
      Striploin                               63  230,190   $378.83     ($0.87)
      S.P.B. - Combo                          16  281,219   $281.73     ($4.66)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     44  205,050   $191.66     ($1.21)
167A  Round, knuckle, peeled                  16  116,181   $219.55     ($0.11)
190   Loin, tenderloin, 2-3 lbs.              20   25,563   $487.91    ($18.97)
190   Loin, tenderloin, 3-4 lbs.              31   44,899   $589.89      $19.52
190   Loin, tenderloin, 4-5 lbs.             151  190,410   $624.95       $3.02
190   Loin, tenderloin, 5-up lbs.             59   96,740   $620.27       $2.69
193   Flank, flank steak                      85   90,329   $327.95     ($9.61)
      Flank, rough                            60  113,955   $255.90       $0.07
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   33,015   $331.54     ($6.61)
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   21,465   $330.04       $3.61
--------------------------------------------------------------------------------
Source:    USDA Livestock, Poultry & Grain Market News Division, Des Moines, IA
           515-284-4460      email:  desm.lpgmn@ams.usda.gov
           24 Hour recorded market information 515-284-4830
           www.ams.usda.gov/market-news/livestock-poultry-grain
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