Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 4/4/2016

Past Market Reports

Report Date: 4/4/2016

LM_XB405
Des Moines, IA                 Mon, Apr 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:               $174.17
Change from prior day:                $0.63
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Item                                          Price          Value        Change
90% lean                                    $218.56        $122.04         $0.52
100% lean inside round                      $301.60          $7.00         $0.03
100% lean, flats and eyes                   $264.33          $6.13         
100% lean, S.P.B.                           $265.23         $13.26         $0.01
Chuck Tender                                $222.06          $2.22       ($0.05)
Knuckle                   4-7 lbs.          $247.43          $6.26         $0.07
Tenderloin                2-3 lbs.          $485.48          $2.57       ($0.03)
Tenderloin                3-4 lbs.          $559.22          $4.14       ($0.05)
Ribeye Roll               4-6 lbs.          $260.00          $2.73         
Ribeye Roll               6-8 lbs.          $281.58          $2.08         $0.03
Ribeye Roll               8up lbs.          $295.68          $2.16         
Flank Steak                                 $371.39          $1.56       ($0.06)
Kidney, Edible                               $18.71          $0.09         
Fat, inedible                                $20.27          $0.47         
Bone                                          $6.09          $1.46         $0.16
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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                 27.15  loads --            1,085,888  pounds
Cutter/Canner Cuts                  1.87  loads --               74,792  pounds
Boner/Breaker/Cutter/Canner        16.81  loads --              672,216  pounds
100% Lean Items                    20.70  loads --              828,088  pounds
Frozen Cuts                         5.14  loads --              205,437  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.
112   Rib, ribeye roll, 8-10 lbs.             28   47,630   $292.65     ($0.48)
112   Rib, ribeye roll, 10-up lbs.            82  153,668   $286.38     ($2.88)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   15,784   $466.32     ($6.36)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      13   13,466   $492.66       $4.43
      Chuck, boneless 85%                      6   75,600   $208.33       $0.74
120   Chuck, brisket                          22   54,116   $194.71       $0.17
168   Round, top inside, 10-dn lbs.            4    7,274   $216.22     ($0.24)
168   Round, top inside, 10-up lbs.           16   54,870   $240.46     ($1.96)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     42  302,683   $300.36       $1.01
169A  Round, top inside c-off, 14-up lbs.      5   15,892   $296.71     ($0.62)
171B  Round, outside round                     5   41,103   $261.64       
171C  Round, eye of round                     29   40,881   $250.85     ($0.24)
      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   63,843   $257.57    ($11.69)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  24   63,643   $228.42     ($4.58)
185A  Loin, bottom sirloin butt flap, bnls.   44  129,547   $323.12    ($23.49)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              25   63,167   $281.37       $5.43
112   Rib, ribeye roll, 8-up lbs.              4   11,625   $295.68       
100% LEAN
      Inside round - Combo                     4   43,714   $299.83       $3.64
      Inside round - Boxed                    29   66,151   $302.78     ($4.63)
      Outside round                            6   43,226   $264.93       $1.51
      Eye of round                            26   80,841   $261.34     ($4.31)
      Flats and eyes - Combo                   9  114,096   $266.22       $2.42
      Flats and eyes - Boxed                            
      Striploin                               69  303,312   $363.49     ($1.95)
      S.P.B. - Combo                          13  176,748   $265.23       $0.18
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32  117,890   $222.06     ($5.18)
167A  Round, knuckle, peeled                  11   28,245   $247.43       $2.73
190   Loin, tenderloin, 2-3 lbs.              11   13,458   $485.48     ($4.88)
190   Loin, tenderloin, 3-4 lbs.              25   44,619   $559.22     ($7.12)
190   Loin, tenderloin, 4-5 lbs.             127  192,123   $580.51       $5.26
190   Loin, tenderloin, 5-up lbs.             40  104,696   $559.71     ($5.95)
193   Flank, flank steak                      78   81,744   $377.44    ($14.94)
      Flank, rough                            47   89,441   $253.08     ($0.18)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    4,616   $289.61       
112   Rib, ribeye roll, 8-10 lbs.              7  131,605   $252.93    ($15.52)
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       
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                       6   13,420   $334.54     ($3.17)
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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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