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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 3/15/2016

LM_XB405
Des Moines, IA                 Tue, Mar 15, 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:               $173.83
Change from prior day:                $0.14
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.67        $122.11       ($0.06)
100% lean inside round                      $289.79          $6.72         $0.11
100% lean, flats and eyes                   $266.27          $6.18         $0.04
100% lean, S.P.B.                           $263.57         $13.18         $0.04
Chuck Tender                                $238.93          $2.39       ($0.01)
Knuckle                   4-7 lbs.          $243.71          $6.17         
Tenderloin                2-3 lbs.          $506.17          $2.68       ($0.03)
Tenderloin                3-4 lbs.          $573.36          $4.24         
Ribeye Roll               4-6 lbs.          $263.00          $2.76         
Ribeye Roll               6-8 lbs.          $278.10          $2.06       ($0.03)
Ribeye Roll               8up lbs.          $295.48          $2.16         $0.04
Flank Steak                                 $366.72          $1.54         $0.04
Kidney, Edible                               $17.91          $0.08         
Fat, inedible                                $17.59          $0.41         
Bone                                          $4.79          $1.15         
--------------------------------------------------------------------------------
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                 36.66  loads --            1,466,543  pounds
Cutter/Canner Cuts                  1.21  loads --               48,221  pounds
Boner/Breaker/Cutter/Canner        19.86  loads --              794,363  pounds
100% Lean Items                    21.60  loads --              863,945  pounds
Frozen Cuts                         3.65  loads --              145,929  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   32,682   $267.50       $2.62
112   Rib, ribeye roll, 8-10 lbs.             44   81,576   $297.41      $12.96
112   Rib, ribeye roll, 10-up lbs.            67  152,275   $283.89     ($1.76)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23   27,405   $475.32       $6.94
112A  Rib, ribeye roll-lip-on, 8-up lbs.      12   44,706   $466.68      $10.44
      Chuck, boneless 85%                      5   63,000   $207.31       
120   Chuck, brisket                          21   58,577   $185.02     ($0.88)
168   Round, top inside, 10-dn lbs.            4    9,258   $236.63       $0.32
168   Round, top inside, 10-up lbs.           17   45,874   $238.04       $1.10
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     26  159,468   $291.73       $8.10
169A  Round, top inside c-off, 14-up lbs.      5   22,957   $286.76     ($1.12)
171B  Round, outside round                     7  103,200   $255.05       
171C  Round, eye of round                     38   64,657   $251.87     ($2.92)
      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.            22  109,541   $266.19    ($11.98)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  33  231,636   $241.94       $0.73
185A  Loin, bottom sirloin butt flap, bnls.   51  249,984   $300.43    ($25.43)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              29   43,066   $281.36     ($8.64)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     4  103,165   $283.40       $3.73
      Inside round - Boxed                    31   78,532   $298.18       $2.16
      Outside round                            4   41,596   $258.62       
      Eye of round                            16   73,005   $276.83       $1.56
      Flats and eyes - Combo                   8  118,000   $262.43       $1.02
      Flats and eyes - Boxed                            
      Striploin                               67  272,602   $366.61     ($1.86)
      S.P.B. - Combo                          12  177,045   $263.57       $0.73
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33  126,191   $238.93     ($1.54)
167A  Round, knuckle, peeled                  14   45,751   $243.71     ($0.08)
190   Loin, tenderloin, 2-3 lbs.              22   46,574   $506.17     ($5.33)
190   Loin, tenderloin, 3-4 lbs.              29   74,566   $573.36     ($0.13)
190   Loin, tenderloin, 4-5 lbs.             131  186,686   $585.87       $0.71
190   Loin, tenderloin, 5-up lbs.             33   81,785   $576.99     ($4.85)
193   Flank, flank steak                     104  119,437   $371.54      $10.60
      Flank, rough                            53  113,373   $258.60       $5.00
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4   27,300   $274.92     ($0.58)
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.               3   25,026   $272.50       
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   18,046   $334.86       $1.68
--------------------------------------------------------------------------------
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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