Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 4/11/2016

Past Market Reports

Report Date: 4/11/2016

LM_XB405
Des Moines, IA                 Mon, Apr 11, 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:               $174.75
Change from prior day:                $1.47
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $220.01        $122.85         $1.33
100% lean inside round                      $303.09          $7.03         $0.05
100% lean, flats and eyes                   $264.85          $6.14         $0.01
100% lean, S.P.B.                           $267.14         $13.36         $0.04
Chuck Tender                                $204.28          $2.04       ($0.01)
Knuckle                   4-7 lbs.          $241.49          $6.11         $0.01
Tenderloin                2-3 lbs.          $486.82          $2.58         
Tenderloin                3-4 lbs.          $541.14          $4.00       ($0.02)
Ribeye Roll               4-6 lbs.          $260.00          $2.73         
Ribeye Roll               6-8 lbs.          $283.07          $2.09         
Ribeye Roll               8up lbs.          $295.00          $2.15         
Flank Steak                                 $393.06          $1.65         $0.06
Kidney, Edible                               $20.45          $0.09         
Fat, inedible                                $20.27          $0.47         
Bone                                          $6.10          $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                 37.75  loads --            1,510,193  pounds
Cutter/Canner Cuts                  0.68  loads --               27,271  pounds
Boner/Breaker/Cutter/Canner        19.35  loads --              773,858  pounds
100% Lean Items                    21.91  loads --              876,590  pounds
Frozen Cuts                         1.01  loads --               40,412  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7    8,685   $282.26     ($0.32)
112   Rib, ribeye roll, 8-10 lbs.             23   66,374   $280.15     ($1.30)
112   Rib, ribeye roll, 10-up lbs.           100  141,041   $287.85       $1.98
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      10    9,997   $457.61     ($5.41)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   63,339   $491.26       $1.92
      Chuck, boneless 85%                      7  107,100   $205.23     ($1.22)
120   Chuck, brisket                          28  110,536   $181.44     ($1.79)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           17   62,490   $233.51       $0.19
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     25  240,082   $306.41     ($0.94)
169A  Round, top inside c-off, 14-up lbs.      6   34,895   $302.04       $3.02
171B  Round, outside round                     4   38,840   $261.80       
171C  Round, eye of round                     37   63,557   $250.53     ($2.34)
      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.            33  157,133   $246.97       $1.39
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  28  157,106   $211.35     ($1.52)
185A  Loin, bottom sirloin butt flap, bnls.   56  241,823   $313.29       $4.45
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              29   24,571   $283.07       $1.20
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     6   70,555   $295.31       $2.25
      Inside round - Boxed                    33   71,676   $310.74       $3.95
      Outside round                            5   37,159   $265.50       $1.27
      Eye of round                            28   98,254   $263.41       $1.75
      Flats and eyes - Combo                   7  100,000   $266.03     ($0.20)
      Flats and eyes - Boxed                            
      Striploin                               62  223,260   $363.62       $0.79
      S.P.B. - Combo                          18  275,686   $267.14       $0.82
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32  139,383   $204.28     ($0.93)
167A  Round, knuckle, peeled                  17   81,383   $241.49       $0.46
190   Loin, tenderloin, 2-3 lbs.              17   19,577   $486.82     ($0.84)
190   Loin, tenderloin, 3-4 lbs.              24   44,285   $541.14     ($2.69)
190   Loin, tenderloin, 4-5 lbs.             135  225,417   $568.30     ($0.13)
190   Loin, tenderloin, 5-up lbs.             44   43,185   $577.90       $3.08
193   Flank, flank steak                      87   91,220   $402.46      $14.07
      Flank, rough                            50  129,408   $264.63       $1.03
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   23,295   $279.85      $27.51
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   10,547   $311.72       $1.53
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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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