Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 2/25/2016

Past Market Reports

Report Date: 2/25/2016

LM_XB405
Des Moines, IA                 Thu, Feb 25, 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:               $170.03
Change from prior day:                $0.53
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Item                                          Price          Value        Change
90% lean                                    $214.35        $119.69         $0.57
100% lean inside round                      $268.62          $6.23         $0.01
100% lean, flats and eyes                   $257.68          $5.98       ($0.02)
100% lean, S.P.B.                           $258.43         $12.92         
Chuck Tender                                $250.93          $2.51         
Knuckle                   4-7 lbs.          $238.71          $6.04       ($0.03)
Tenderloin                2-3 lbs.          $480.97          $2.55         $0.02
Tenderloin                3-4 lbs.          $554.53          $4.10       ($0.01)
Ribeye Roll               4-6 lbs.          $257.76          $2.71         
Ribeye Roll               6-8 lbs.          $278.71          $2.06         
Ribeye Roll               8up lbs.          $315.60          $2.30         
Flank Steak                                 $357.15          $1.50       ($0.01)
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                 27.90  loads --            1,115,817  pounds
Cutter/Canner Cuts                  2.04  loads --               81,684  pounds
Boner/Breaker/Cutter/Canner        19.94  loads --              797,518  pounds
100% Lean Items                    21.36  loads --              854,372  pounds
Frozen Cuts                         2.33  loads --               93,251  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6    5,670   $310.37     ($0.79)
112   Rib, ribeye roll, 8-10 lbs.             19   18,979   $311.82       $1.05
112   Rib, ribeye roll, 10-up lbs.            84  167,498   $291.33       $0.28
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      19   25,753   $403.53       
112A  Rib, ribeye roll-lip-on, 8-up lbs.       8   16,166   $440.89       $3.42
      Chuck, boneless 85%                      4   50,400   $196.82       
120   Chuck, brisket                          24   87,178   $195.81     ($0.56)
168   Round, top inside, 10-dn lbs.            4    4,260   $244.68       $1.31
168   Round, top inside, 10-up lbs.           17   59,050   $245.56     ($0.42)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     33  204,101   $280.42       $3.13
169A  Round, top inside c-off, 14-up lbs.      5   24,050   $276.44       $1.17
171B  Round, outside round                     6   46,344   $256.30       $0.11
171C  Round, eye of round                     28   54,036   $258.70     ($0.69)
      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.            13   38,803   $240.69      $11.69
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  28  112,131   $227.99       $1.86
185A  Loin, bottom sirloin butt flap, bnls.   44  187,470   $313.70       $3.75
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              23   56,735   $278.71       $0.02
112   Rib, ribeye roll, 8-up lbs.              3    6,775   $315.60       
100% LEAN
      Inside round - Combo                     8   86,615   $265.73       $0.83
      Inside round - Boxed                    33   54,599   $273.20     ($0.07)
      Outside round                            4   23,603   $250.68       
      Eye of round                            26   73,607   $258.58     ($0.18)
      Flats and eyes - Combo                   8  116,563   $258.52     ($1.44)
      Flats and eyes - Boxed                            
      Striploin                               67  342,904   $367.10     ($6.31)
      S.P.B. - Combo                          11  156,481   $258.43     ($0.01)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     34  179,068   $250.93       
167A  Round, knuckle, peeled                  14   63,921   $238.71     ($1.11)
190   Loin, tenderloin, 2-3 lbs.              14   11,284   $480.97       $3.97
190   Loin, tenderloin, 3-4 lbs.              20   49,572   $554.53     ($0.33)
190   Loin, tenderloin, 4-5 lbs.             119  219,547   $571.63     ($2.96)
190   Loin, tenderloin, 5-up lbs.             38   87,449   $563.35     ($4.91)
193   Flank, flank steak                      89   99,819   $358.67     ($0.93)
      Flank, rough                            46   86,858   $236.77       $2.28
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   15,183   $307.87       
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.               4   49,220   $560.93       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       6   13,992   $346.31     ($2.27)
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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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