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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 4/1/2016

LM_XB405
Des Moines, IA                 Fri, Apr 01, 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:               $173.54
Change from prior day:                $0.16
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $217.63        $121.52         $0.11
100% lean inside round                      $300.62          $6.97       ($0.01)
100% lean, flats and eyes                   $264.35          $6.13       ($0.02)
100% lean, S.P.B.                           $265.05         $13.25         
Chuck Tender                                $227.24          $2.27       ($0.02)
Knuckle                   4-7 lbs.          $244.70          $6.19         $0.03
Tenderloin                2-3 lbs.          $490.36          $2.60       ($0.01)
Tenderloin                3-4 lbs.          $566.34          $4.19         $0.02
Ribeye Roll               4-6 lbs.          $259.61          $2.73         $0.02
Ribeye Roll               6-8 lbs.          $276.45          $2.05         
Ribeye Roll               8up lbs.          $295.68          $2.16         
Flank Steak                                 $384.66          $1.62         $0.04
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                 27.24  loads --            1,089,639  pounds
Cutter/Canner Cuts                  1.86  loads --               74,593  pounds
Boner/Breaker/Cutter/Canner        17.93  loads --              717,007  pounds
100% Lean Items                    18.85  loads --              753,863  pounds
Frozen Cuts                         2.97  loads --              118,677  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             32   54,746   $293.13       $0.40
112   Rib, ribeye roll, 10-up lbs.            85  129,750   $289.26     ($2.19)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      14   13,588   $472.68     ($1.54)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      16   12,941   $488.23       $8.77
      Chuck, boneless 85%                      6   67,200   $207.59       $0.06
120   Chuck, brisket                          30   67,988   $194.54     ($0.13)
168   Round, top inside, 10-dn lbs.            4    6,716   $216.46     ($5.73)
168   Round, top inside, 10-up lbs.           20   55,267   $242.42     ($0.30)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     40  295,823   $299.35     ($0.03)
169A  Round, top inside c-off, 14-up lbs.      6   17,486   $297.33       $0.24
171B  Round, outside round                     5   41,103   $261.64       $0.32
171C  Round, eye of round                     32   45,469   $251.09     ($0.34)
      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.            23   66,612   $269.26     ($0.48)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  25   62,194   $233.00     ($4.93)
185A  Loin, bottom sirloin butt flap, bnls.   46  145,493   $346.61       $0.63
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              22   55,458   $275.94     ($1.27)
112   Rib, ribeye roll, 8-up lbs.              4   11,625   $295.68       
100% LEAN
      Inside round - Combo                     6   68,208   $296.19       
      Inside round - Boxed                    24   44,511   $307.41     ($0.11)
      Outside round                            7   38,479   $263.42       $0.12
      Eye of round                            20   80,508   $265.65     ($3.63)
      Flats and eyes - Combo                  10  124,177   $263.80       
      Flats and eyes - Boxed                            
      Striploin                               66  194,984   $365.44     ($0.77)
      S.P.B. - Combo                          17  202,996   $265.05       
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     25   90,691   $227.24     ($1.58)
167A  Round, knuckle, peeled                  17   80,671   $244.70       $1.03
190   Loin, tenderloin, 2-3 lbs.              11   18,052   $490.36     ($2.27)
190   Loin, tenderloin, 3-4 lbs.              26   33,825   $566.34       $3.21
190   Loin, tenderloin, 4-5 lbs.             123  202,022   $575.25     ($1.05)
190   Loin, tenderloin, 5-up lbs.             45  127,775   $565.66     ($1.37)
193   Flank, flank steak                      78   83,130   $392.38       $8.30
      Flank, rough                            42   80,841   $253.26     ($5.24)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    4,616   $289.61     ($5.34)
112   Rib, ribeye roll, 8-10 lbs.              4   44,580   $268.45     ($0.14)
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.             6   16,796   $312.15     ($0.20)
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   13,685   $337.71       $1.74
--------------------------------------------------------------------------------
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
1530C

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