Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 3/21/2016

Past Market Reports

Report Date: 3/21/2016

LM_XB405
Des Moines, IA                 Mon, Mar 21, 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:               $173.84
Change from prior day:                $1.47
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Item                                          Price          Value        Change
90% lean                                    $219.05        $122.32         $1.55
100% lean inside round                      $294.24          $6.83       ($0.02)
100% lean, flats and eyes                   $265.71          $6.16       ($0.04)
100% lean, S.P.B.                           $263.55         $13.18       ($0.01)
Chuck Tender                                $235.54          $2.36       ($0.01)
Knuckle                   4-7 lbs.          $244.63          $6.19         $0.03
Tenderloin                2-3 lbs.          $479.41          $2.54       ($0.17)
Tenderloin                3-4 lbs.          $550.43          $4.07       ($0.05)
Ribeye Roll               4-6 lbs.          $252.71          $2.65         $0.01
Ribeye Roll               6-8 lbs.          $271.04          $2.01       ($0.01)
Ribeye Roll               8up lbs.          $295.59          $2.16         
Flank Steak                                 $359.17          $1.51       ($0.03)
Kidney, Edible                               $20.40          $0.09         $0.01
Fat, inedible                                $20.27          $0.47         $0.06
Bone                                          $5.43          $1.30         $0.15
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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                 42.82  loads --            1,712,806  pounds
Cutter/Canner Cuts                  1.97  loads --               78,932  pounds
Boner/Breaker/Cutter/Canner        16.83  loads --              673,285  pounds
100% Lean Items                    24.75  loads --              990,076  pounds
Frozen Cuts                         2.92  loads --              116,798  pounds
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IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
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BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   16,334   $273.19      $12.59
112   Rib, ribeye roll, 8-10 lbs.             55   84,134   $302.92       $9.35
112   Rib, ribeye roll, 10-up lbs.            85  193,896   $291.01     ($0.17)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      30   35,555   $472.06     ($9.61)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      21  107,046   $430.01    ($16.87)
      Chuck, boneless 85%                      5   63,000   $207.86       $0.55
120   Chuck, brisket                          18  125,541   $192.58       $1.09
168   Round, top inside, 10-dn lbs.            4    5,682   $236.66       $0.80
168   Round, top inside, 10-up lbs.           16   82,122   $235.00       $0.83
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     48  359,809   $298.62     ($0.09)
169A  Round, top inside c-off, 14-up lbs.      6   17,890   $288.98       $2.10
171B  Round, outside round                     4   40,420   $255.12       
171C  Round, eye of round                     33   56,540   $245.58     ($5.71)
      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.            34  263,123   $247.15    ($39.85)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  20   66,630   $246.05       $1.53
185A  Loin, bottom sirloin butt flap, bnls.   37  167,075   $273.88     ($4.39)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              25   61,530   $271.04     ($1.72)
112   Rib, ribeye roll, 8-up lbs.              3    6,550   $295.59     ($0.11)
100% LEAN
      Inside round - Combo                     4   58,630   $285.48       $0.47
      Inside round - Boxed                    32   62,978   $302.39     ($0.32)
      Outside round                            3   30,487   $267.10       $4.04
      Eye of round                            23   72,376   $273.38     ($2.65)
      Flats and eyes - Combo                  13  187,084   $262.51     ($0.06)
      Flats and eyes - Boxed                            
      Striploin                               66  293,266   $361.48     ($0.88)
      S.P.B. - Combo                          16  285,255   $263.55     ($0.34)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     35  131,031   $235.54     ($1.28)
167A  Round, knuckle, peeled                  18   58,089   $244.63       $1.04
190   Loin, tenderloin, 2-3 lbs.              16   24,340   $479.41    ($31.38)
190   Loin, tenderloin, 3-4 lbs.              28   57,547   $550.43     ($6.24)
190   Loin, tenderloin, 4-5 lbs.             139  150,168   $591.93       $6.25
190   Loin, tenderloin, 5-up lbs.             40   58,151   $557.50     ($2.32)
193   Flank, flank steak                      97  103,509   $363.87     ($8.02)
      Flank, rough                            52   90,450   $252.28     ($0.19)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4   29,870   $291.91       $8.41
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   16,854   $330.26     ($2.69)
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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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