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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 2/15/2016

LM_XB405
Des Moines, IA                 Mon, Feb 15, 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:               $167.68
Change from prior day:                $0.60
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $209.87        $117.19         $0.29
100% lean inside round                      $259.88          $6.03         $0.05
100% lean, flats and eyes                   $258.34          $5.99         
100% lean, S.P.B.                           $259.04         $12.95         $0.11
Chuck Tender                                $258.94          $2.59         
Knuckle                   4-7 lbs.          $237.74          $6.01       ($0.02)
Tenderloin                2-3 lbs.          $502.98          $2.67         $0.20
Tenderloin                3-4 lbs.          $565.20          $4.18       ($0.02)
Ribeye Roll               4-6 lbs.          $262.30          $2.75       ($0.06)
Ribeye Roll               6-8 lbs.          $304.41          $2.25         $0.01
Ribeye Roll               8up lbs.          $315.32          $2.30         
Flank Steak                                 $344.16          $1.45         
Kidney, Edible                               $20.33          $0.09       ($0.01)
Fat, inedible                                $16.92          $0.39         $0.01
Bone                                          $3.51          $0.84         $0.04
--------------------------------------------------------------------------------
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                 28.06  loads --            1,122,458  pounds
Cutter/Canner Cuts                  1.16  loads --               46,312  pounds
Boner/Breaker/Cutter/Canner        19.18  loads --              767,241  pounds
100% Lean Items                    27.21  loads --            1,088,379  pounds
Frozen Cuts                         0.69  loads --               27,795  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             19   29,864   $320.13       $9.39
112   Rib, ribeye roll, 10-up lbs.            71   87,727   $319.47      $10.23
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      30   43,702   $384.03     ($1.40)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      25  102,211   $387.15       $0.90
      Chuck, boneless 85%                      5   63,000   $196.51       $2.15
120   Chuck, brisket                          30  134,253   $205.83      $11.65
168   Round, top inside, 10-dn lbs.            5   14,338   $242.91     ($0.29)
168   Round, top inside, 10-up lbs.           17   61,891   $240.66     ($0.22)
169A  Round, top inside c-off, 8-10 lbs.       3    9,841   $271.12       $0.29
169A  Round, top inside c-off, 10-14 lbs.     17   91,577   $275.67       $2.71
169A  Round, top inside c-off, 14-up lbs.               
171B  Round, outside round                     6   45,260   $257.22       $0.50
171C  Round, eye of round                     37   60,552   $260.24     ($0.09)
      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.            24  119,712   $209.59    ($45.51)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  33   93,691   $227.97       $2.41
185A  Loin, bottom sirloin butt flap, bnls.   50  164,349   $314.84       $1.33
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              17   31,724   $304.96       $1.98
112   Rib, ribeye roll, 8-up lbs.              3    5,501   $315.32
100% LEAN
      Inside round - Combo                     8  159,061   $256.44       $0.93
      Inside round - Boxed                    29   51,061   $270.57       $0.34
      Outside round                            5   55,653   $260.89       $2.72
      Eye of round                            12   39,108   $263.70       $0.35
      Flats and eyes - Combo                  12  227,767   $256.79     ($0.06)
      Flats and eyes - Boxed                            
      Striploin                               72  295,378   $378.69     ($1.61)
      S.P.B. - Combo                          14  260,351   $259.04       $2.16
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     37  139,676   $258.94       $0.30
167A  Round, knuckle, peeled                   9   39,150   $237.74     ($0.45)
190   Loin, tenderloin, 2-3 lbs.              25   46,017   $502.98      $36.58
190   Loin, tenderloin, 3-4 lbs.              27   85,343   $565.20     ($2.43)
190   Loin, tenderloin, 4-5 lbs.             135  158,322   $573.31     ($7.05)
190   Loin, tenderloin, 5-up lbs.             45  126,409   $557.00       $0.70
193   Flank, flank steak                      85  106,452   $342.65     ($0.22)
      Flank, rough                            43   65,872   $230.54       $0.16
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4    8,645   $311.53
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                       7   12,667   $356.85     ($1.93)
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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
1530C

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