Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 2/3/2016

Past Market Reports

Report Date: 2/3/2016

LM_XB405
Des Moines, IA                 Wed, Feb 03, 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:               $167.66
Change from prior day:                $1.37
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $210.35        $117.46         $1.79
100% lean inside round                      $262.89          $6.10       ($0.07)
100% lean, flats and eyes                   $261.23          $6.06       ($0.01)
100% lean, S.P.B.                           $258.24         $12.91         
Chuck Tender                                $243.73          $2.44         
Knuckle                   4-7 lbs.          $236.28          $5.98         $0.02
Tenderloin                2-3 lbs.          $492.98          $2.61       ($0.02)
Tenderloin                3-4 lbs.          $555.78          $4.11         
Ribeye Roll               4-6 lbs.          $268.00          $2.81       ($0.32)
Ribeye Roll               6-8 lbs.          $296.31          $2.19         $0.01
Ribeye Roll               8up lbs.          $315.67          $2.30         
Flank Steak                                 $340.21          $1.43       ($0.03)
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                 33.61  loads --            1,344,271  pounds
Cutter/Canner Cuts                  0.60  loads --               24,118  pounds
Boner/Breaker/Cutter/Canner        26.17  loads --            1,046,677  pounds
100% Lean Items                    26.83  loads --            1,073,391  pounds
Frozen Cuts                         3.59  loads --              143,781  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       
112   Rib, ribeye roll, 8-10 lbs.             19   81,657   $294.93     ($3.53)
112   Rib, ribeye roll, 10-up lbs.            83  167,772   $312.50     ($1.80)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      21   35,525   $363.80    ($13.41)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      22   42,771   $388.00    ($13.78)
      Chuck, boneless 85%                      6   75,600   $192.91       
120   Chuck, brisket                          19   81,012   $199.41     ($1.15)
168   Round, top inside, 10-dn lbs.            4   10,235   $220.67       $2.78
168   Round, top inside, 10-up lbs.           17   78,179   $229.69       $7.38
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     27  185,817   $272.62       $1.38
169A  Round, top inside c-off, 14-up lbs.      5    6,216   $274.21     ($0.01)
171B  Round, outside round                     4   68,420   $255.27     ($0.24)
171C  Round, eye of round                     41   67,119   $259.78     ($5.26)
      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.            22   54,163   $245.88     ($2.93)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  35  174,631   $211.62       $0.09
185A  Loin, bottom sirloin butt flap, bnls.   52  196,728   $315.13       $2.20
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              11   15,823   $296.31       $1.05
112   Rib, ribeye roll, 8-up lbs.              3    8,295   $315.67
100% LEAN
      Inside round - Combo                     7  127,428   $261.00     ($1.63)
      Inside round - Boxed                    36   73,205   $266.18     ($3.83)
      Outside round                            5   38,236   $259.23       $0.03
      Eye of round                            17   54,816   $267.57     ($0.91)
      Flats and eyes - Combo                  12  230,697   $260.05     ($0.56)
      Flats and eyes - Boxed                            
      Striploin                               63  278,818   $377.27     ($1.32)
      S.P.B. - Combo                          18  270,191   $258.24       $0.03
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     44  197,373   $243.73     ($0.34)
167A  Round, knuckle, peeled                  20   94,367   $236.28       $0.72
190   Loin, tenderloin, 2-3 lbs.              21   43,049   $492.98     ($3.81)
190   Loin, tenderloin, 3-4 lbs.              36   70,115   $555.78       $0.21
190   Loin, tenderloin, 4-5 lbs.             128  233,128   $574.82     ($1.92)
190   Loin, tenderloin, 5-up lbs.             39  143,039   $563.66       $1.20
193   Flank, flank steak                     108  105,225   $338.66     ($6.82)
      Flank, rough                            52  160,381   $244.12     ($1.31)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              8   73,600   $266.42     ($5.87)
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.               3   22,951   $558.00       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       7   21,378   $347.88    ($11.58)
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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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