Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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

Past Market Reports

Report Date: 3/4/2016

LM_XB405
Des Moines, IA                 Fri, Mar 04, 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:               $171.40
Change from prior day:                $0.64
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $216.51        $120.90         $0.67
100% lean inside round                      $275.74          $6.40         $0.01
100% lean, flats and eyes                   $264.67          $6.14       ($0.01)
100% lean, S.P.B.                           $259.76         $12.99         
Chuck Tender                                $246.02          $2.46       ($0.02)
Knuckle                   4-7 lbs.          $239.54          $6.06         $0.02
Tenderloin                2-3 lbs.          $453.54          $2.40       ($0.02)
Tenderloin                3-4 lbs.          $555.09          $4.11       ($0.01)
Ribeye Roll               4-6 lbs.          $263.00          $2.76         
Ribeye Roll               6-8 lbs.          $274.77          $2.03       ($0.01)
Ribeye Roll               8up lbs.          $281.00          $2.05         
Flank Steak                                 $361.15          $1.52         $0.01
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                 36.35  loads --            1,454,140  pounds
Cutter/Canner Cuts                  1.59  loads --               63,438  pounds
Boner/Breaker/Cutter/Canner        19.26  loads --              770,551  pounds
100% Lean Items                    23.89  loads --              955,712  pounds
Frozen Cuts                         1.36  loads --               54,351  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7    6,353   $290.28       $0.03
112   Rib, ribeye roll, 8-10 lbs.             34   62,783   $291.18       $2.47
112   Rib, ribeye roll, 10-up lbs.            81  120,853   $304.21     ($3.83)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      17   15,415   $423.71       $3.45
112A  Rib, ribeye roll-lip-on, 8-up lbs.      17   32,552   $446.94       $5.07
      Chuck, boneless 85%                      5   63,000   $201.15       $0.72
120   Chuck, brisket                          29  208,661   $184.54       $0.17
168   Round, top inside, 10-dn lbs.            3   10,031   $233.26
168   Round, top inside, 10-up lbs.           17   81,218   $241.71     ($1.70)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     30  250,452   $281.93     ($2.11)
169A  Round, top inside c-off, 14-up lbs.      5   18,304   $280.61       
171B  Round, outside round                     4   38,900   $255.52     ($0.14)
171C  Round, eye of round                     30   56,884   $252.29     ($4.49)
      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  102,365   $224.10       $0.48
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  49  217,121   $236.03       $3.17
185A  Loin, bottom sirloin butt flap, bnls.   50  169,248   $292.88    ($13.03)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              23   60,733   $274.77     ($0.63)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     6   78,839   $271.79       $0.08
      Inside round - Boxed                    36   89,440   $279.22       $0.26
      Outside round                            3   25,807   $259.12       
      Eye of round                            28  105,976   $272.89     ($0.96)
      Flats and eyes - Combo                  11  152,268   $259.89       
      Flats and eyes - Boxed                            
      Striploin                               68  273,976   $374.44       $4.35
      S.P.B. - Combo                          13  229,406   $259.76       $0.02
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32  118,506   $246.02     ($1.54)
167A  Round, knuckle, peeled                  17   62,762   $239.54       $0.64
190   Loin, tenderloin, 2-3 lbs.              19   29,592   $453.54     ($3.71)
190   Loin, tenderloin, 3-4 lbs.              35   54,828   $555.09     ($1.61)
190   Loin, tenderloin, 4-5 lbs.             135  175,282   $573.92       $3.06
190   Loin, tenderloin, 5-up lbs.             48   77,692   $592.76       $3.93
193   Flank, flank steak                      93  105,599   $364.45       $2.71
      Flank, rough                            58  146,290   $261.49     ($0.48)
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                       7   16,045   $339.46     ($1.49)
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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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