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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 12/28/2015

LM_XB405
Des Moines, IA                 Mon, Dec 28, 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:               $160.71
Change from prior day:              ($0.56)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $195.38        $109.10       ($0.49)
100% lean inside round                      $278.31          $6.46       ($0.08)
100% lean, flats and eyes                   $282.27          $6.55       ($0.01)
100% lean, S.P.B.                           $281.16         $14.06       ($0.03)
Chuck Tender                                $196.40          $1.96         $0.02
Knuckle                   4-7 lbs.          $229.75          $5.81       ($0.14)
Tenderloin                2-3 lbs.          $488.61          $2.59         $0.09
Tenderloin                3-4 lbs.          $567.34          $4.20       ($0.08)
Ribeye Roll               4-6 lbs.          $279.66          $2.94         $0.28
Ribeye Roll               6-8 lbs.          $286.33          $2.12       ($0.02)
Ribeye Roll               8up lbs.          $303.28          $2.21       ($0.05)
Flank Steak                                 $323.63          $1.36       ($0.05)
Kidney, Edible                               $23.40          $0.11         
Fat, inedible                                $12.23          $0.28         
Bone                                          $3.98          $0.96         
--------------------------------------------------------------------------------
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                 24.77  loads --              990,846  pounds
Cutter/Canner Cuts                  1.12  loads --               44,880  pounds
Boner/Breaker/Cutter/Canner        16.43  loads --              657,196  pounds
100% Lean Items                    16.64  loads --              665,400  pounds
Frozen Cuts                         2.12  loads --               84,862  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    8,050   $310.72    ($21.97)
112   Rib, ribeye roll, 8-10 lbs.             20   29,815   $347.08      $16.86
112   Rib, ribeye roll, 10-up lbs.            74   77,733   $342.49       $6.60
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      34   83,583   $334.84       $1.61
112A  Rib, ribeye roll-lip-on, 8-up lbs.      18   57,930   $374.73     ($2.94)
      Chuck, boneless 85%                      4   79,800   $178.38       $0.38
120   Chuck, brisket                          31   56,619   $194.32       $7.98
168   Round, top inside, 10-dn lbs.            3    4,626   $214.58
168   Round, top inside, 10-up lbs.           29   58,268   $197.55     ($0.80)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     25  148,492   $265.22       $0.66
169A  Round, top inside c-off, 14-up lbs.      3   23,878   $266.26       
171B  Round, outside round                     6   52,728   $267.90     ($0.72)
171C  Round, eye of round                     30   37,187   $262.92       $5.25
      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.             7    7,783   $255.06       $9.43
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  44  178,158   $193.97       $8.27
185A  Loin, bottom sirloin butt flap, bnls.   40   72,971   $298.29       $1.91
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              15   39,956   $287.48     ($2.42)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     4   60,725   $277.79     ($1.78)
      Inside round - Boxed                    22   28,923   $279.42     ($5.30)
      Outside round
      Eye of round                            18   58,235   $276.26       $2.37
      Flats and eyes - Combo                  10  170,936   $284.21     ($0.47)
      Flats and eyes - Boxed                            
      Striploin                               53  163,513   $375.42       $0.33
      S.P.B. - Combo                           9  175,843   $281.16     ($0.70)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     43  160,591   $196.40       $2.09
167A  Round, knuckle, peeled                  11   51,401   $229.75     ($5.52)
190   Loin, tenderloin, 2-3 lbs.              13   19,277   $493.53       $5.85
190   Loin, tenderloin, 3-4 lbs.              31   45,351   $575.70    ($11.22)
190   Loin, tenderloin, 4-5 lbs.             122  148,276   $632.73       $1.38
190   Loin, tenderloin, 5-up lbs.             43   35,102   $631.78       $0.28
193   Flank, flank steak                      89   91,479   $323.61    ($13.77)
      Flank, rough                            50  105,719   $249.04     ($1.94)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              6   41,070   $336.76       $9.77
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.               4   14,929   $278.56      $24.88
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.               7    6,400   $470.76       
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                      11   16,415   $323.72       $5.40
--------------------------------------------------------------------------------
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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