Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 2/29/2016

Past Market Reports

Report Date: 2/29/2016

LM_XB405
Des Moines, IA                 Mon, Feb 29, 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:               $169.40
Change from prior day:                $0.93
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $212.88        $118.87         $0.69
100% lean inside round                      $269.96          $6.26         $0.03
100% lean, flats and eyes                   $260.36          $6.04         $0.04
100% lean, S.P.B.                           $258.51         $12.93         $0.01
Chuck Tender                                $250.72          $2.51        
Knuckle                   4-7 lbs.          $238.95          $6.05         $0.09
Tenderloin                2-3 lbs.          $477.55          $2.53       ($0.02)
Tenderloin                3-4 lbs.          $553.46          $4.10       ($0.02)
Ribeye Roll               4-6 lbs.          $257.76          $2.71        
Ribeye Roll               6-8 lbs.          $272.65          $2.02       ($0.04)
Ribeye Roll               8up lbs.          $315.60          $2.30        
Flank Steak                                 $357.46          $1.50         $0.01
Kidney, Edible                               $20.60          $0.09       ($0.01)
Fat, inedible                                $17.85          $0.41         $0.02
Bone                                          $4.49          $1.08         $0.13
--------------------------------------------------------------------------------
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                 25.58  loads --            1,023,108  pounds
Cutter/Canner Cuts                  2.37  loads --               94,942  pounds
Boner/Breaker/Cutter/Canner        15.21  loads --              608,413  pounds
100% Lean Items                    19.52  loads --              780,707  pounds
Frozen Cuts                         0.86  loads --               34,534  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.             18   17,632   $308.86     ($3.37)
112   Rib, ribeye roll, 10-up lbs.            86  103,995   $310.10     ($0.97)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.       9   10,558   $402.97     ($1.51)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      10   11,591   $457.13      $12.12
      Chuck, boneless 85%                      9  113,400   $199.23       $2.41
120   Chuck, brisket                          13   42,613   $192.83     ($2.13)
168   Round, top inside, 10-dn lbs.            3    3,538   $246.20       $1.52
168   Round, top inside, 10-up lbs.           13   35,462   $251.93       $6.45
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     31  186,788   $283.10       $0.05
169A  Round, top inside c-off, 14-up lbs.      4   22,849   $276.52      
171B  Round, outside round                     5   40,884   $256.13      
171C  Round, eye of round                     27   48,459   $258.58     ($0.35)
      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.            21  118,038   $226.02    ($12.65)
182   Loin, sirloin butt                               
184   Loin, top sirloin butt                  31  131,690   $226.03       $1.29
185A  Loin, bottom sirloin butt flap, bnls.   44  120,983   $327.50      $15.82
191A  Loin, butt tender, peeled                        
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                       
112   Rib, ribeye roll, 6-8 lbs.              27   88,167   $272.65     ($5.47)
112   Rib, ribeye roll, 8-up lbs.              3    6,775   $315.60      
100% LEAN
      Inside round - Combo                     6   71,677   $266.26       $0.53
      Inside round - Boxed                    24   49,971   $275.26       $2.00
      Outside round
      Eye of round                            21   36,752   $265.30       $3.87
      Flats and eyes - Combo                   8  100,268   $258.93       $0.41
      Flats and eyes - Boxed                           
      Striploin                               68  359,559   $362.73     ($0.43)
      S.P.B. - Combo                          11  161,406   $258.51       $0.10
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     18  112,132   $250.72     ($0.25)
167A  Round, knuckle, peeled                  11   47,988   $238.95       $3.57
190   Loin, tenderloin, 2-3 lbs.              14   13,683   $477.55     ($2.64)
190   Loin, tenderloin, 3-4 lbs.              19   46,139   $553.46     ($2.85)
190   Loin, tenderloin, 4-5 lbs.              77  165,451   $562.28     ($7.91)
190   Loin, tenderloin, 5-up lbs.             44   72,498   $565.28       $2.27
193   Flank, flank steak                      79   82,995   $359.34       $3.72
      Flank, rough                            42   67,527   $239.19       $0.92
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   12,783   $308.31       $2.55
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                       6   13,992   $346.31      
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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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