Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 3/22/2016

Past Market Reports

Report Date: 3/22/2016

LM_XB405
Des Moines, IA                 Tue, Mar 22, 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:               $173.75
Change from prior day:              ($0.09)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.63        $122.08       ($0.24)
100% lean inside round                      $299.57          $6.95         $0.12
100% lean, flats and eyes                   $266.51          $6.18         $0.02
100% lean, S.P.B.                           $263.45         $13.17       ($0.01)
Chuck Tender                                $233.78          $2.34       ($0.02)
Knuckle                   4-7 lbs.          $245.40          $6.21         $0.02
Tenderloin                2-3 lbs.          $488.77          $2.59         $0.05
Tenderloin                3-4 lbs.          $547.51          $4.05       ($0.02)
Ribeye Roll               4-6 lbs.          $252.74          $2.65         
Ribeye Roll               6-8 lbs.          $271.58          $2.01         
Ribeye Roll               8up lbs.          $295.59          $2.16         
Flank Steak                                 $356.90          $1.50       ($0.01)
Kidney, Edible                               $20.40          $0.09         
Fat, inedible                                $20.27          $0.47         
Bone                                          $5.43          $1.30         
--------------------------------------------------------------------------------
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                 39.95  loads --            1,598,094  pounds
Cutter/Canner Cuts                  1.60  loads --               63,848  pounds
Boner/Breaker/Cutter/Canner        15.40  loads --              615,813  pounds
100% Lean Items                    21.83  loads --              873,390  pounds
Frozen Cuts                         2.03  loads --               81,211  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   13,114   $266.63     ($6.56)
112   Rib, ribeye roll, 8-10 lbs.             35   94,806   $290.59    ($12.33)
112   Rib, ribeye roll, 10-up lbs.            95  165,911   $293.16       $2.15
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      25   28,300   $468.49     ($3.57)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      19   96,554   $423.91     ($6.10)
      Chuck, boneless 85%                      5   63,000   $207.86       
120   Chuck, brisket                          17  130,527   $193.55       $0.97
168   Round, top inside, 10-dn lbs.            4    6,037   $237.90       $1.24
168   Round, top inside, 10-up lbs.           17   99,487   $236.27       $1.27
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     51  406,250   $297.57     ($1.05)
169A  Round, top inside c-off, 14-up lbs.      9   25,208   $295.17       $6.19
171B  Round, outside round                     4   40,420   $255.12       
171C  Round, eye of round                     28   54,018   $244.31     ($1.27)
      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.            32  215,912   $242.18     ($4.97)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  18   25,275   $252.63       $6.58
185A  Loin, bottom sirloin butt flap, bnls.   40  114,473   $315.64      $41.76
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   10,912   $252.74
112   Rib, ribeye roll, 6-8 lbs.              24   46,366   $271.58       $0.54
112   Rib, ribeye roll, 8-up lbs.              3    6,570   $295.59       
100% LEAN
      Inside round - Combo                     3   26,630   $289.65       $4.17
      Inside round - Boxed                    32   50,686   $304.79       $2.40
      Outside round                            5   49,631   $266.14     ($0.96)
      Eye of round                            29   93,079   $271.48     ($1.90)
      Flats and eyes - Combo                  12  159,084   $263.72       $1.21
      Flats and eyes - Boxed                            
      Striploin                               60  253,025   $361.29     ($0.19)
      S.P.B. - Combo                          14  241,255   $263.45     ($0.10)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     37  127,026   $233.78     ($1.76)
167A  Round, knuckle, peeled                  19   61,631   $245.40       $0.77
190   Loin, tenderloin, 2-3 lbs.              13   13,701   $488.77       $9.36
190   Loin, tenderloin, 3-4 lbs.              25   52,153   $547.51     ($2.92)
190   Loin, tenderloin, 4-5 lbs.             127  133,473   $595.72       $3.79
190   Loin, tenderloin, 5-up lbs.             40   40,594   $561.82       $4.32
193   Flank, flank steak                      87   79,516   $361.75     ($2.12)
      Flank, rough                            50  107,719   $262.05       $9.77
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    9,125   $299.40
112   Rib, ribeye roll, 8-10 lbs.              6   35,570   $290.58     ($1.33)
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   14,999   $331.16       $0.90
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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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