Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 2/2/2016

Past Market Reports

Report Date: 2/2/2016

LM_XB405
Des Moines, IA                 Tue, Feb 02, 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:               $166.29
Change from prior day:                $0.42
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $207.15        $115.67         $0.38
100% lean inside round                      $265.94          $6.17         $0.12
100% lean, flats and eyes                   $261.53          $6.07         $0.03
100% lean, S.P.B.                           $258.21         $12.91         $0.01
Chuck Tender                                $244.07          $2.44       ($0.01)
Knuckle                   4-7 lbs.          $235.56          $5.96         
Tenderloin                2-3 lbs.          $496.79          $2.63         $0.07
Tenderloin                3-4 lbs.          $555.57          $4.11         $0.01
Ribeye Roll               4-6 lbs.          $298.41          $3.13         
Ribeye Roll               6-8 lbs.          $295.26          $2.18       ($0.04)
Ribeye Roll               8up lbs.          $315.50          $2.30       ($0.15)
Flank Steak                                 $347.67          $1.46         
Kidney, Edible                               $20.07          $0.09         
Fat, inedible                                $15.58          $0.36         
Bone                                          $3.38          $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                 33.42  loads --            1,336,800  pounds
Cutter/Canner Cuts                  0.58  loads --               23,370  pounds
Boner/Breaker/Cutter/Canner        26.51  loads --            1,060,456  pounds
100% Lean Items                    24.26  loads --              970,595  pounds
Frozen Cuts                         5.06  loads --              202,467  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8    7,071   $333.52     ($1.75)
112   Rib, ribeye roll, 8-10 lbs.             20   92,263   $298.46       $3.83
112   Rib, ribeye roll, 10-up lbs.            85  156,079   $314.30       $0.84
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      22   47,010   $377.21     ($8.28)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      24   81,734   $401.78     ($3.32)
      Chuck, boneless 85%                      6   75,600   $192.91       
120   Chuck, brisket                          20   82,950   $200.56     ($3.28)
168   Round, top inside, 10-dn lbs.            5    8,964   $217.89       
168   Round, top inside, 10-up lbs.           17   78,834   $222.31       $0.08
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     31  268,878   $271.24     ($0.16)
169A  Round, top inside c-off, 14-up lbs.      6    5,768   $274.22       $3.13
171B  Round, outside round                     3   36,420   $255.51       
171C  Round, eye of round                     35   55,262   $265.04     ($3.43)
      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.            27   64,506   $248.81       $4.85
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  33  135,536   $211.53       $0.65
185A  Loin, bottom sirloin butt flap, bnls.   47  124,876   $312.93      $48.51
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              12   17,840   $295.26     ($4.41)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     5   46,139   $262.63       $5.35
      Inside round - Boxed                    33   37,518   $270.01       $1.31
      Outside round                            6   38,397   $259.20     ($0.08)
      Eye of round                            18   46,400   $268.48     ($2.43)
      Flats and eyes - Combo                  14  252,298   $260.61       $1.22
      Flats and eyes - Boxed                            
      Striploin                               65  253,782   $378.59     ($1.02)
      S.P.B. - Combo                          19  296,061   $258.21       $0.12
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     51  216,298   $244.07     ($1.04)
167A  Round, knuckle, peeled                  16   80,931   $235.56       
190   Loin, tenderloin, 2-3 lbs.              20   41,465   $496.79      $13.46
190   Loin, tenderloin, 3-4 lbs.              35   69,464   $555.57       $1.12
190   Loin, tenderloin, 4-5 lbs.             142  267,700   $576.74       $0.50
190   Loin, tenderloin, 5-up lbs.             39  138,893   $562.46       $2.73
193   Flank, flank steak                      97  101,818   $345.48     ($0.36)
      Flank, rough                            47  143,887   $245.43       $0.09
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              9   78,960   $272.29       $1.17
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   64,398   $298.41       
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.               3   22,951   $558.00       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       7   18,868   $359.46     ($3.54)
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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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