Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 1/14/2016

Past Market Reports

Report Date: 1/14/2016

LM_XB405
Des Moines, IA                 Thu, Jan 14, 2016                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:               $164.20
Change from prior day:                $0.66
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Item                                          Price          Value        Change
90% lean                                    $203.23        $113.48         $1.01
100% lean inside round                      $263.91          $6.12       ($0.20)
100% lean, flats and eyes                   $266.46          $6.18       ($0.06)
100% lean, S.P.B.                           $259.21         $12.96       ($0.01)
Chuck Tender                                $238.50          $2.39         $0.02
Knuckle                   4-7 lbs.          $231.80          $5.86         
Tenderloin                2-3 lbs.          $505.39          $2.68       ($0.08)
Tenderloin                3-4 lbs.          $584.89          $4.33       ($0.01)
Ribeye Roll               4-6 lbs.          $279.00          $2.93         
Ribeye Roll               6-8 lbs.          $299.11          $2.21         
Ribeye Roll               8up lbs.          $332.25          $2.43         
Flank Steak                                 $328.49          $1.38       ($0.01)
Kidney, Edible                               $22.27          $0.10         
Fat, inedible                                $14.57          $0.34         
Bone                                          $3.37          $0.81         
--------------------------------------------------------------------------------
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                 43.91  loads --            1,756,573  pounds
Cutter/Canner Cuts                  0.98  loads --               39,336  pounds
Boner/Breaker/Cutter/Canner        19.72  loads --              788,926  pounds
100% Lean Items                    34.83  loads --            1,393,221  pounds
Frozen Cuts                         2.27  loads --               90,964  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7    8,973   $306.85       $9.52
112   Rib, ribeye roll, 8-10 lbs.             36  200,472   $315.62       $1.32
112   Rib, ribeye roll, 10-up lbs.            66  142,548   $325.62     ($5.04)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      26   60,915   $376.88     ($0.42)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      28  106,973   $425.26     ($0.03)
      Chuck, boneless 85%                      9  100,800   $182.32       
120   Chuck, brisket                          23   48,518   $233.60     ($8.64)
168   Round, top inside, 10-dn lbs.            5    5,641   $235.53       $1.88
168   Round, top inside, 10-up lbs.           15   55,582   $236.84     ($4.53)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     48  423,851   $267.22       $2.19
169A  Round, top inside c-off, 14-up lbs.      3   23,957   $268.17       
171B  Round, outside round                     3   34,600   $257.58       $1.98
171C  Round, eye of round                     42   80,411   $278.06       $0.27
      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.            12   34,146   $245.02       $7.84
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  36  128,395   $214.24     ($1.31)
185A  Loin, bottom sirloin butt flap, bnls.   55  300,791   $283.90     ($2.76)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              35   35,624   $297.88       $0.94
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    13  271,354   $259.81    ($11.38)
      Inside round - Boxed                    30   94,821   $275.65       $0.01
      Outside round                            4   37,374   $271.85     ($7.84)
      Eye of round                            21   61,935   $280.24     ($1.86)
      Flats and eyes - Combo                  22  425,644   $263.98     ($0.13)
      Flats and eyes - Boxed                            
      Striploin                               72  238,233   $383.00       $0.40
      S.P.B. - Combo                          16  263,860   $259.21     ($0.13)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33  113,230   $238.50       $1.39
167A  Round, knuckle, peeled                  18  111,585   $231.80       $0.11
190   Loin, tenderloin, 2-3 lbs.              10   12,187   $505.39    ($15.04)
190   Loin, tenderloin, 3-4 lbs.              33   71,838   $584.89     ($1.65)
190   Loin, tenderloin, 4-5 lbs.             122  189,552   $597.05     ($8.20)
190   Loin, tenderloin, 5-up lbs.             33   38,482   $624.70    ($11.25)
193   Flank, flank steak                      80   96,458   $325.51     ($4.02)
      Flank, rough                            63  155,594   $253.48     ($9.18)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              7   19,235   $299.48     ($2.59)
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   12,985   $350.57       $0.97
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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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