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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 4/29/2016

LM_XB405
Des Moines, IA                 Fri, Apr 29, 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:               $175.28
Change from prior day:              ($0.05)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $220.76        $123.27         
100% lean inside round                      $304.12          $7.06         
100% lean, flats and eyes                   $270.73          $6.28       ($0.04)
100% lean, S.P.B.                           $263.27         $13.16         
Chuck Tender                                $220.27          $2.20       ($0.01)
Knuckle                   4-7 lbs.          $246.36          $6.23         
Tenderloin                2-3 lbs.          $497.67          $2.64         
Tenderloin                3-4 lbs.          $546.79          $4.05         
Ribeye Roll               4-6 lbs.          $254.91          $2.68         
Ribeye Roll               6-8 lbs.          $272.67          $2.02         
Ribeye Roll               8up lbs.          $280.68          $2.05         
Flank Steak                                 $372.04          $1.56         
Kidney, Edible                               $20.75          $0.10         
Fat, inedible                                $20.60          $0.48         
Bone                                          $6.24          $1.50         
--------------------------------------------------------------------------------
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                 31.22  loads --            1,248,997  pounds
Cutter/Canner Cuts                  1.61  loads --               64,327  pounds
Boner/Breaker/Cutter/Canner        18.18  loads --              727,200  pounds
100% Lean Items                    20.93  loads --              837,080  pounds
Frozen Cuts                         2.57  loads --              102,847  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    7,621   $287.91     ($0.19)
112   Rib, ribeye roll, 8-10 lbs.             58   67,076   $299.50       $3.21
112   Rib, ribeye roll, 10-up lbs.            60  116,557   $302.67       $1.67
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      25   26,558   $387.93       $2.20
112A  Rib, ribeye roll-lip-on, 8-up lbs.      17   78,973   $417.02     ($1.30)
      Chuck, boneless 85%                      9  105,165   $204.45       $0.01
120   Chuck, brisket                          14   59,133   $182.68       $0.17
168   Round, top inside, 10-dn lbs.            4    5,395   $225.84       
168   Round, top inside, 10-up lbs.           18   49,050   $243.17     ($0.57)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     29  189,192   $306.51     ($0.44)
169A  Round, top inside c-off, 14-up lbs.      9   60,711   $301.58     ($2.26)
171B  Round, outside round                     6   40,253   $262.53       $0.17
171C  Round, eye of round                     37   53,206   $263.41       $0.12
      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.            29  100,932   $207.01    ($38.12)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  29  174,735   $221.19       $2.60
185A  Loin, bottom sirloin butt flap, bnls.   42  113,440   $364.76     ($7.11)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              26   49,625   $272.67     ($0.31)
112   Rib, ribeye roll, 8-up lbs.              4   11,625   $280.68       
100% LEAN
      Inside round - Combo                     4   28,222   $301.41       
      Inside round - Boxed                    36   98,874   $304.89     ($0.16)
      Outside round                            5   36,613   $267.65       
      Eye of round                            15   36,564   $279.95     ($2.78)
      Flats and eyes - Combo                  12  126,327   $268.95     ($0.01)
      Flats and eyes - Boxed                            
      Striploin                               57  199,755   $359.14     ($0.03)
      S.P.B. - Combo                          23  310,725   $263.27     ($0.02)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     36  124,347   $220.27     ($0.52)
167A  Round, knuckle, peeled                  15   49,595   $246.36       
190   Loin, tenderloin, 2-3 lbs.              22   48,867   $497.67     ($0.54)
190   Loin, tenderloin, 3-4 lbs.              30   48,376   $546.79     ($0.53)
190   Loin, tenderloin, 4-5 lbs.             125  144,422   $582.23       $3.45
190   Loin, tenderloin, 5-up lbs.             45   61,250   $565.81       $6.76
193   Flank, flank steak                      97   91,690   $378.11       $0.57
      Flank, rough                            54  158,653   $260.50     ($8.88)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              8    7,967   $273.86       
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.               4   58,850   $254.50       
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.               4    2,567   $608.81       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       8    7,937   $301.86       $0.24
--------------------------------------------------------------------------------
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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