Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 3/2/2016

Past Market Reports

Report Date: 3/2/2016

LM_XB405
Des Moines, IA                 Wed, Mar 02, 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:               $170.97
Change from prior day:              ($0.21)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $215.84        $120.53       ($0.03)
100% lean inside round                      $274.66          $6.37         $0.04
100% lean, flats and eyes                   $261.88          $6.08         $0.04
100% lean, S.P.B.                           $259.63         $12.98         $0.03
Chuck Tender                                $248.95          $2.49       ($0.03)
Knuckle                   4-7 lbs.          $238.85          $6.04         $0.01
Tenderloin                2-3 lbs.          $460.81          $2.44       ($0.05)
Tenderloin                3-4 lbs.          $555.97          $4.11        
Ribeye Roll               4-6 lbs.          $263.00          $2.76         $0.05
Ribeye Roll               6-8 lbs.          $275.66          $2.04         $0.02
Ribeye Roll               8up lbs.          $281.00          $2.05       ($0.26)
Flank Steak                                 $357.00          $1.50       ($0.03)
Kidney, Edible                               $20.60          $0.09        
Fat, inedible                                $17.85          $0.41        
Bone                                          $4.49          $1.08        
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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                 30.15  loads --            1,205,906  pounds
Cutter/Canner Cuts                  1.66  loads --               66,318  pounds
Boner/Breaker/Cutter/Canner        17.77  loads --              710,800  pounds
100% Lean Items                    22.91  loads --              916,386  pounds
Frozen Cuts                         1.20  loads --               47,839  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    5,583   $290.25     ($0.06)
112   Rib, ribeye roll, 8-10 lbs.             25   52,445   $288.54       $1.83
112   Rib, ribeye roll, 10-up lbs.            82  111,043   $305.68       $0.66
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      15   15,898   $418.72       $2.13
112A  Rib, ribeye roll-lip-on, 8-up lbs.      17   31,358   $450.63     ($4.79)
      Chuck, boneless 85%                      7   88,200   $199.91       $0.38
120   Chuck, brisket                          27  195,654   $183.70     ($6.96)
168   Round, top inside, 10-dn lbs.            3    1,444   $241.13     ($2.59)
168   Round, top inside, 10-up lbs.           13   59,511   $237.40     ($5.97)
169A  Round, top inside c-off, 8-10 lbs.               
169A  Round, top inside c-off, 10-14 lbs.     22  176,307   $286.26       $3.17
169A  Round, top inside c-off, 14-up lbs.      5   21,932   $280.43      
171B  Round, outside round                     4   36,884   $255.55     ($0.58)
171C  Round, eye of round                     25   41,385   $255.64     ($1.02)
      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  110,784   $228.32       $2.41
182   Loin, sirloin butt                               
184   Loin, top sirloin butt                  40  153,965   $234.01       $4.38
185A  Loin, bottom sirloin butt flap, bnls.   42  103,513   $320.64    ($13.73)
191A  Loin, butt tender, peeled                        
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                       
112   Rib, ribeye roll, 6-8 lbs.              21   63,613   $275.66       $2.60
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     3   36,489   $269.11     ($0.12)
      Inside round - Boxed                    24   75,786   $277.34       $0.48
      Outside round
      Eye of round                            25   74,736   $266.48       $2.61
      Flats and eyes - Combo                  11  152,268   $259.89       $0.28
      Flats and eyes - Boxed                           
      Striploin                               57  335,334   $362.79       $0.04
      S.P.B. - Combo                          12  217,406   $259.63       $0.65
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     24   86,736   $248.95     ($2.58)
167A  Round, knuckle, peeled                  16   59,759   $238.85       $0.68
190   Loin, tenderloin, 2-3 lbs.              14   19,648   $460.81     ($9.72)
190   Loin, tenderloin, 3-4 lbs.              30   51,874   $555.97       $0.68
190   Loin, tenderloin, 4-5 lbs.             103  157,168   $572.89       $7.36
190   Loin, tenderloin, 5-up lbs.             47   99,711   $578.33       $2.29
193   Flank, flank steak                      79   96,871   $358.54     ($9.82)
      Flank, rough                            54  139,033   $261.82      $12.77
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.
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   10,533   $342.86     ($2.84)
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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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