Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 1/22/2016

Past Market Reports

Report Date: 1/22/2016

LM_XB405
Des Moines, IA                 Fri, Jan 22, 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:               $165.03
Change from prior day:              ($0.10)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $205.67        $114.85         $0.17
100% lean inside round                      $265.67          $6.16       ($0.02)
100% lean, flats and eyes                   $261.80          $6.07       ($0.03)
100% lean, S.P.B.                           $256.56         $12.83       ($0.06)
Chuck Tender                                $228.45          $2.28         $0.01
Knuckle                   4-7 lbs.          $229.59          $5.81         
Tenderloin                2-3 lbs.          $515.47          $2.73         $0.04
Tenderloin                3-4 lbs.          $548.10          $4.06         $0.02
Ribeye Roll               4-6 lbs.          $276.31          $2.90       ($0.20)
Ribeye Roll               6-8 lbs.          $292.34          $2.16       ($0.03)
Ribeye Roll               8up lbs.          $335.50          $2.45         
Flank Steak                                 $358.17          $1.50         
Kidney, Edible                               $22.00          $0.10         
Fat, inedible                                $14.57          $0.34         
Bone                                          $3.30          $0.79         
--------------------------------------------------------------------------------
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                 33.13  loads --            1,325,346  pounds
Cutter/Canner Cuts                  1.40  loads --               55,858  pounds
Boner/Breaker/Cutter/Canner        26.26  loads --            1,050,588  pounds
100% Lean Items                    35.66  loads --            1,426,523  pounds
Frozen Cuts                         1.50  loads --               60,169  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7    8,872   $334.60     ($1.56)
112   Rib, ribeye roll, 8-10 lbs.             17   59,166   $329.81       $0.74
112   Rib, ribeye roll, 10-up lbs.            73  137,624   $312.59     ($0.71)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      29   38,991   $399.18      $10.35
112A  Rib, ribeye roll-lip-on, 8-up lbs.      24   44,578   $389.76     ($9.57)
      Chuck, boneless 85%                      7   69,300   $189.19       
120   Chuck, brisket                          21  184,017   $195.49     ($2.17)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           20   62,287   $236.31     ($0.76)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     29  230,636   $271.39       $1.83
169A  Round, top inside c-off, 14-up lbs.      4   11,083   $269.43       $0.49
171B  Round, outside round                     4   65,260   $261.81       $0.29
171C  Round, eye of round                     53   78,547   $270.56     ($0.55)
      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.            16   47,087   $231.42     ($0.64)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  26  111,295   $215.76       $0.56
185A  Loin, bottom sirloin butt flap, bnls.   55  167,921   $312.28      $11.13
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              20   32,228   $292.34     ($3.15)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     9  210,309   $264.02     ($0.12)
      Inside round - Boxed                    32   78,603   $270.09     ($1.18)
      Outside round
      Eye of round                            27   85,874   $266.71     ($1.22)
      Flats and eyes - Combo                  19  345,693   $260.58     ($0.75)
      Flats and eyes - Boxed                            
      Striploin                               66  306,400   $381.36     ($2.99)
      S.P.B. - Combo                          20  394,109   $256.56     ($1.14)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     42  243,853   $228.45       $1.10
167A  Round, knuckle, peeled                  15  122,222   $229.59       
190   Loin, tenderloin, 2-3 lbs.              13   30,774   $515.47       $7.75
190   Loin, tenderloin, 3-4 lbs.              39  104,069   $548.10       $1.63
190   Loin, tenderloin, 4-5 lbs.             123  230,876   $585.11     ($2.88)
190   Loin, tenderloin, 5-up lbs.             41  116,281   $567.06       $3.72
193   Flank, flank steak                      84   98,327   $360.50       $1.47
      Flank, rough                            50  104,186   $254.34     ($1.20)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   11,242   $355.73       $3.98
112   Rib, ribeye roll, 8-10 lbs.              4   15,900   $306.11     ($0.44)
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    4,609   $596.91       
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                      11   22,368   $347.90     ($5.70)
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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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