Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 2/24/2016

Past Market Reports

Report Date: 2/24/2016

LM_XB405
Des Moines, IA                 Wed, Feb 24, 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:               $169.50
Change from prior day:                $0.53
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $213.32        $119.12         $0.42
100% lean inside round                      $267.97          $6.22         $0.07
100% lean, flats and eyes                   $258.56          $6.00         $0.01
100% lean, S.P.B.                           $258.44         $12.92       ($0.05)
Chuck Tender                                $250.93          $2.51         
Knuckle                   4-7 lbs.          $239.82          $6.07         $0.06
Tenderloin                2-3 lbs.          $477.00          $2.53         $0.05
Tenderloin                3-4 lbs.          $554.86          $4.11       ($0.01)
Ribeye Roll               4-6 lbs.          $257.76          $2.71         
Ribeye Roll               6-8 lbs.          $278.40          $2.06       ($0.07)
Ribeye Roll               8up lbs.          $315.60          $2.30         
Flank Steak                                 $358.52          $1.51         $0.05
Kidney, Edible                               $21.75          $0.10         
Fat, inedible                                $16.92          $0.39         
Bone                                          $3.94          $0.95         
--------------------------------------------------------------------------------
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                 27.24  loads --            1,089,706  pounds
Cutter/Canner Cuts                  1.95  loads --               77,984  pounds
Boner/Breaker/Cutter/Canner        19.96  loads --              798,334  pounds
100% Lean Items                    20.01  loads --              800,421  pounds
Frozen Cuts                         2.27  loads --               90,673  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9    7,726   $311.16       
112   Rib, ribeye roll, 8-10 lbs.             20   18,786   $310.77      $27.63
112   Rib, ribeye roll, 10-up lbs.            88  180,864   $291.05     ($0.34)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      19   25,753   $403.53       $5.22
112A  Rib, ribeye roll-lip-on, 8-up lbs.       9   17,007   $437.47      $12.12
      Chuck, boneless 85%                      3   37,800   $196.82
120   Chuck, brisket                          26   96,693   $196.37     ($0.09)
168   Round, top inside, 10-dn lbs.            6    8,231   $243.37       $0.42
168   Round, top inside, 10-up lbs.           18   66,576   $245.98       $2.99
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     30  171,833   $277.29     ($0.43)
169A  Round, top inside c-off, 14-up lbs.      4   19,137   $275.27       $0.05
171B  Round, outside round                     4   40,300   $256.19     ($0.26)
171C  Round, eye of round                     31   53,199   $259.39     ($1.55)
      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.            11   26,427   $229.00       $3.45
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  28   90,758   $226.13     ($1.32)
185A  Loin, bottom sirloin butt flap, bnls.   47  214,688   $309.95       $8.75
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              25   53,035   $278.69     ($9.23)
112   Rib, ribeye roll, 8-up lbs.              3    6,775   $315.60
100% LEAN
      Inside round - Combo                     8   95,984   $264.90       $5.02
      Inside round - Boxed                    36   55,637   $273.27     ($0.38)
      Outside round                            4   23,603   $250.68     ($0.88)
      Eye of round                            27   67,576   $258.76       $0.09
      Flats and eyes - Combo                   9  122,563   $259.96       $1.22
      Flats and eyes - Boxed                            
      Striploin                               70  264,343   $373.41     ($1.79)
      S.P.B. - Combo                          13  170,715   $258.44     ($0.91)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     35  176,928   $250.93       $0.03
167A  Round, knuckle, peeled                  17   71,761   $239.82       $2.43
190   Loin, tenderloin, 2-3 lbs.              14   10,943   $477.00       $9.42
190   Loin, tenderloin, 3-4 lbs.              23   50,765   $554.86     ($1.50)
190   Loin, tenderloin, 4-5 lbs.             131  219,625   $574.59     ($9.81)
190   Loin, tenderloin, 5-up lbs.             40   69,257   $568.26       $8.81
193   Flank, flank steak                      94  103,805   $359.60      $12.81
      Flank, rough                            45   95,250   $234.49       $5.29
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   15,183   $307.87      $24.47
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   49,220   $560.93       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       4   11,342   $348.58
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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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