Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 4/6/2016

Past Market Reports

Report Date: 4/6/2016

LM_XB405
Des Moines, IA                 Wed, Apr 06, 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:               $175.21
Change from prior day:                $0.19
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $220.56        $123.16         $0.24
100% lean inside round                      $299.42          $6.95         
100% lean, flats and eyes                   $264.54          $6.14         $0.01
100% lean, S.P.B.                           $265.88         $13.29         
Chuck Tender                                $219.10          $2.19       ($0.03)
Knuckle                   4-7 lbs.          $247.68          $6.27         
Tenderloin                2-3 lbs.          $482.55          $2.56         
Tenderloin                3-4 lbs.          $552.18          $4.09       ($0.01)
Ribeye Roll               4-6 lbs.          $260.00          $2.73         
Ribeye Roll               6-8 lbs.          $282.47          $2.09         
Ribeye Roll               8up lbs.          $295.00          $2.15       ($0.01)
Flank Steak                                 $374.64          $1.57       ($0.01)
Kidney, Edible                               $18.71          $0.09         
Fat, inedible                                $20.27          $0.47         
Bone                                          $6.09          $1.46         
--------------------------------------------------------------------------------
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                 34.17  loads --            1,366,739  pounds
Cutter/Canner Cuts                  1.30  loads --               51,927  pounds
Boner/Breaker/Cutter/Canner        15.60  loads --              623,826  pounds
100% Lean Items                    23.61  loads --              944,464  pounds
Frozen Cuts                         4.34  loads --              173,495  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.             23   51,038   $284.84       $4.83
112   Rib, ribeye roll, 10-up lbs.            95  171,291   $285.20     ($0.21)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      13   12,073   $461.18     ($0.23)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      16   49,933   $500.78     ($0.26)
      Chuck, boneless 85%                      8  119,700   $206.60     ($0.04)
120   Chuck, brisket                          20   75,177   $186.12     ($2.01)
168   Round, top inside, 10-dn lbs.            5   14,319   $223.00       
168   Round, top inside, 10-up lbs.           15   61,263   $235.11       $2.95
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     33  295,778   $306.95       $3.15
169A  Round, top inside c-off, 14-up lbs.      5    6,998   $298.94       $2.23
171B  Round, outside round                     3    7,103   $259.61     ($2.03)
171C  Round, eye of round                     30   46,223   $252.41     ($1.19)
      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.            21   79,698   $267.19     ($2.31)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  24  131,787   $217.76     ($8.47)
185A  Loin, bottom sirloin butt flap, bnls.   52  242,258   $301.87       $1.39
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              27   49,227   $282.47     ($0.25)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     5   91,654   $296.36       $2.82
      Inside round - Boxed                    32   71,842   $303.33     ($0.26)
      Outside round                            7   41,830   $265.77       $0.62
      Eye of round                            30   87,787   $261.76       $1.02
      Flats and eyes - Combo                   8  114,000   $266.23     ($0.01)
      Flats and eyes - Boxed                            
      Striploin                               67  351,181   $361.99     ($0.38)
      S.P.B. - Combo                          13  186,170   $265.88       $0.15
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30   89,480   $219.10     ($2.52)
167A  Round, knuckle, peeled                  10   28,239   $247.68     ($0.01)
190   Loin, tenderloin, 2-3 lbs.              16   16,444   $482.55     ($0.53)
190   Loin, tenderloin, 3-4 lbs.              26   46,215   $552.18     ($2.54)
190   Loin, tenderloin, 4-5 lbs.             125  194,740   $579.64       $1.51
190   Loin, tenderloin, 5-up lbs.             47   82,049   $573.90     ($4.57)
193   Flank, flank steak                      77   71,653   $385.36     ($0.83)
      Flank, rough                            45   95,006   $267.95      $15.03
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   10,821   $283.15     ($0.81)
112   Rib, ribeye roll, 8-10 lbs.              7   98,335   $250.15     ($0.19)
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.             4   14,612   $324.73      $12.58
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   13,727   $318.68    ($11.04)
--------------------------------------------------------------------------------
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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