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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 1/18/2016

LM_XB405
Des Moines, IA                 Mon, Jan 18, 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:               $163.49
Change from prior day:              ($0.49)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $202.18        $112.90       ($0.59)
100% lean inside round                      $263.83          $6.12         
100% lean, flats and eyes                   $263.27          $6.11       ($0.02)
100% lean, S.P.B.                           $258.00         $12.90         
Chuck Tender                                $237.79          $2.38       ($0.02)
Knuckle                   4-7 lbs.          $234.09          $5.92         $0.13
Tenderloin                2-3 lbs.          $493.57          $2.62         $0.02
Tenderloin                3-4 lbs.          $582.04          $4.31       ($0.01)
Ribeye Roll               4-6 lbs.          $279.00          $2.93         
Ribeye Roll               6-8 lbs.          $299.69          $2.22       ($0.01)
Ribeye Roll               8up lbs.          $335.00          $2.45         $0.02
Flank Steak                                 $333.69          $1.40         $0.01
Kidney, Edible                               $22.00          $0.10         
Fat, inedible                                $14.57          $0.34         
Bone                                          $3.30          $0.79       ($0.02)
--------------------------------------------------------------------------------
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                 44.82  loads --            1,792,920  pounds
Cutter/Canner Cuts                  1.23  loads --               49,364  pounds
Boner/Breaker/Cutter/Canner        19.09  loads --              763,795  pounds
100% Lean Items                    32.44  loads --            1,297,776  pounds
Frozen Cuts                         2.57  loads --              102,854  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6    6,720   $336.15
112   Rib, ribeye roll, 8-10 lbs.             36  189,170   $314.89     ($0.38)
112   Rib, ribeye roll, 10-up lbs.            64  150,156   $322.77     ($1.80)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      28   58,190   $382.12       $3.77
112A  Rib, ribeye roll-lip-on, 8-up lbs.      23   77,506   $430.68     ($1.17)
      Chuck, boneless 85%                      5   63,000   $189.38       $6.76
120   Chuck, brisket                          17   64,562   $226.46       $0.91
168   Round, top inside, 10-dn lbs.            6   26,437   $282.96       $3.72
168   Round, top inside, 10-up lbs.           14   33,104   $238.27       $0.60
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     50  446,645   $266.83       $1.66
169A  Round, top inside c-off, 14-up lbs.      3   16,450   $271.11
171B  Round, outside round                     4   62,420   $256.35     ($1.10)
171C  Round, eye of round                     33   69,075   $268.86     ($9.72)
      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.            15   37,659   $247.65       $3.48
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  31  172,080   $213.16     ($0.54)
185A  Loin, bottom sirloin butt flap, bnls.   55  319,746   $296.06       $6.01
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              25   46,674   $298.92     ($1.18)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    12  253,948   $261.05       $1.24
      Inside round - Boxed                    28   64,098   $274.85       $0.49
      Outside round                            4   26,673   $271.41       $0.43
      Eye of round                            25   76,846   $272.70     ($3.32)
      Flats and eyes - Combo                  21  400,848   $260.93     ($0.69)
      Flats and eyes - Boxed                            
      Striploin                               64  209,663   $384.59       $1.10
      S.P.B. - Combo                          15  265,700   $258.00     ($0.09)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33  111,863   $237.79     ($2.33)
167A  Round, knuckle, peeled                  10   60,024   $234.09       $5.27
190   Loin, tenderloin, 2-3 lbs.              11   14,911   $493.49       $3.50
190   Loin, tenderloin, 3-4 lbs.              28   57,467   $582.04     ($1.59)
190   Loin, tenderloin, 4-5 lbs.             118  224,795   $593.99     ($3.72)
190   Loin, tenderloin, 5-up lbs.             36  108,878   $560.14       $1.59
193   Flank, flank steak                      82   82,587   $330.21       $2.06
      Flank, rough                            48  103,270   $263.25       $6.38
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   19,235   $299.48       
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                       9   17,512   $350.09       $0.54
--------------------------------------------------------------------------------
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
1530C

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