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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 12/17/2015

LM_XB405
Des Moines, IA                 Thu, Dec 17, 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:               $160.36
Change from prior day:              ($0.63)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $194.28        $108.49       ($0.69)
100% lean inside round                      $277.70          $6.44       ($0.02)
100% lean, flats and eyes                   $283.79          $6.58       ($0.02)
100% lean, S.P.B.                           $279.74         $13.99         $0.02
Chuck Tender                                $191.12          $1.91         $0.01
Knuckle                   4-7 lbs.          $227.54          $5.76         $0.18
Tenderloin                2-3 lbs.          $462.86          $2.45       ($0.07)
Tenderloin                3-4 lbs.          $570.99          $4.23         $0.01
Ribeye Roll               4-6 lbs.          $296.39          $3.11        
Ribeye Roll               6-8 lbs.          $314.48          $2.33        
Ribeye Roll               8up lbs.          $335.54          $2.45         $0.02
Flank Steak                                 $308.35          $1.30       ($0.07)
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                 40.46  loads --            1,618,441  pounds
Cutter/Canner Cuts                  2.00  loads --               79,834  pounds
Boner/Breaker/Cutter/Canner        19.38  loads --              775,117  pounds
100% Lean Items                    32.16  loads --            1,286,545  pounds
Frozen Cuts                         2.32  loads --               92,913  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11   13,300   $333.18       $0.03
112   Rib, ribeye roll, 8-10 lbs.             28   31,822   $356.28      $40.75
112   Rib, ribeye roll, 10-up lbs.            82  144,770   $328.55     ($2.54)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      32   66,532   $331.09      $17.35
112A  Rib, ribeye roll-lip-on, 8-up lbs.      18   98,754   $315.34     ($0.12)
      Chuck, boneless 85%                      5   63,000   $184.11      
120   Chuck, brisket                          26   95,373   $181.06       $0.24
168   Round, top inside, 10-dn lbs.            3   10,603   $187.17     ($0.58)
168   Round, top inside, 10-up lbs.           20   59,231   $196.85     ($7.27)
169A  Round, top inside c-off, 8-10 lbs.               
169A  Round, top inside c-off, 10-14 lbs.     39  419,257   $266.45       $0.35
169A  Round, top inside c-off, 14-up lbs.      5   11,439   $272.13      
171B  Round, outside round                     5   46,000   $324.39
171C  Round, eye of round                     40   68,729   $265.32       $1.40
      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.            30  158,328   $211.73     ($4.37)
182   Loin, sirloin butt                               
184   Loin, top sirloin butt                  23  135,239   $204.36       $0.96
185A  Loin, bottom sirloin butt flap, bnls.   54  196,064   $289.61    ($11.74)
191A  Loin, butt tender, peeled                        
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              30   60,388   $314.48     ($0.29)
112   Rib, ribeye roll, 8-up lbs.              4    8,399   $335.54       $2.51
100% LEAN
      Inside round - Combo                     9  169,820   $276.09      
      Inside round - Boxed                    32   58,015   $282.40     ($0.59)
      Outside round                            7  106,732   $289.46       $0.41
      Eye of round                            17   51,581   $277.32    ($10.70)
      Flats and eyes - Combo                  17  269,048   $282.79       $0.64
      Flats and eyes - Boxed                           
      Striploin                               70  304,288   $373.56     ($0.28)
      S.P.B. - Combo                          18  327,061   $279.74       $0.25
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     41  128,903   $191.12       $1.10
167A  Round, knuckle, peeled                  15   70,871   $227.54       $7.12
190   Loin, tenderloin, 2-3 lbs.              16   36,064   $462.86    ($12.79)
190   Loin, tenderloin, 3-4 lbs.              32   57,643   $570.99       $0.52
190   Loin, tenderloin, 4-5 lbs.             164  203,779   $625.16       $0.59
190   Loin, tenderloin, 5-up lbs.             56   90,748   $619.58     ($3.85)
193   Flank, flank steak                      88   95,784   $305.35    ($18.59)
      Flank, rough                            50   91,325   $258.64     ($1.53)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              8   39,210   $331.79       $0.25
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.               4    1,600   $538.00
190   Loin, tenderloin, 5-up lbs.                      
193   Flank, flank steak                       4   11,660   $333.00       $2.96
--------------------------------------------------------------------------------
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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