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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 3/1/2016

LM_XB405
Des Moines, IA                 Tue, Mar 01, 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:               $171.18
Change from prior day:                $1.78
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $215.90        $120.56         $1.69
100% lean inside round                      $272.82          $6.33         $0.07
100% lean, flats and eyes                   $260.48          $6.04        
100% lean, S.P.B.                           $258.98         $12.95         $0.02
Chuck Tender                                $251.53          $2.52         $0.01
Knuckle                   4-7 lbs.          $238.17          $6.03       ($0.02)
Tenderloin                2-3 lbs.          $470.53          $2.49       ($0.04)
Tenderloin                3-4 lbs.          $555.29          $4.11         $0.01
Ribeye Roll               4-6 lbs.          $257.76          $2.71        
Ribeye Roll               6-8 lbs.          $273.06          $2.02        
Ribeye Roll               8up lbs.          $316.00          $2.31         $0.01
Flank Steak                                 $364.92          $1.53         $0.03
Kidney, Edible                               $20.60          $0.09        
Fat, inedible                                $17.85          $0.41        
Bone                                          $4.49          $1.08        
--------------------------------------------------------------------------------
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                 27.67  loads --            1,106,978  pounds
Cutter/Canner Cuts                  2.08  loads --               83,007  pounds
Boner/Breaker/Cutter/Canner        19.33  loads --              773,204  pounds
100% Lean Items                    23.09  loads --              923,589  pounds
Frozen Cuts                         1.38  loads --               55,169  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    4,550   $290.31
112   Rib, ribeye roll, 8-10 lbs.             18   39,340   $286.71    ($22.15)
112   Rib, ribeye roll, 10-up lbs.            83  110,737   $305.02     ($5.08)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      15   14,019   $416.59      $13.62
112A  Rib, ribeye roll-lip-on, 8-up lbs.      13   12,184   $455.42     ($1.71)
      Chuck, boneless 85%                      8  100,800   $199.53       $0.30
120   Chuck, brisket                          19   59,994   $190.66     ($2.17)
168   Round, top inside, 10-dn lbs.            3    2,455   $243.72     ($2.48)
168   Round, top inside, 10-up lbs.           12   63,568   $243.37     ($8.56)
169A  Round, top inside c-off, 8-10 lbs.               
169A  Round, top inside c-off, 10-14 lbs.     32  207,624   $283.09     ($0.01)
169A  Round, top inside c-off, 14-up lbs.      5   21,932   $280.43       $3.91
171B  Round, outside round                     5   40,884   $256.13      
171C  Round, eye of round                     33   57,046   $256.66     ($1.92)
      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.            20  116,218   $225.91     ($0.11)
182   Loin, sirloin butt                               
184   Loin, top sirloin butt                  38  142,114   $229.63       $3.60
185A  Loin, bottom sirloin butt flap, bnls.   42  113,513   $334.37       $6.87
191A  Loin, butt tender, peeled                        
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                       
112   Rib, ribeye roll, 6-8 lbs.              24   78,942   $273.06       $0.41
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     5   67,576   $269.23       $2.97
      Inside round - Boxed                    23   60,086   $276.86       $1.60
      Outside round                            3   25,441   $258.75
      Eye of round                            21   50,471   $263.87     ($1.43)
      Flats and eyes - Combo                  11  146,268   $259.61       $0.68
      Flats and eyes - Boxed                           
      Striploin                               64  342,341   $362.75       $0.02
      S.P.B. - Combo                          13  231,406   $258.98       $0.47
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     21   70,019   $251.53       $0.81
167A  Round, knuckle, peeled                  14   66,469   $238.17     ($0.78)
190   Loin, tenderloin, 2-3 lbs.              15   20,825   $470.53     ($7.02)
190   Loin, tenderloin, 3-4 lbs.              30   74,666   $555.29       $1.83
190   Loin, tenderloin, 4-5 lbs.             112  228,519   $565.53       $3.25
190   Loin, tenderloin, 5-up lbs.             45  100,429   $576.04      $10.76
193   Flank, flank steak                      87  111,034   $368.36       $9.02
      Flank, rough                            51  101,243   $249.05       $9.86
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   26,583   $301.15     ($7.16)
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                       8   19,928   $345.70     ($0.61)
--------------------------------------------------------------------------------
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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