Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 5/13/2016

Past Market Reports

Report Date: 5/13/2016

LM_XB405
Des Moines, IA                 Fri, May 13, 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:               $172.28
Change from prior day:                $0.04
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $215.88        $120.55         
100% lean inside round                      $293.26          $6.80         
100% lean, flats and eyes                   $272.87          $6.33         $0.02
100% lean, S.P.B.                           $263.02         $13.15       ($0.01)
Chuck Tender                                $217.47          $2.17         
Knuckle                   4-7 lbs.          $242.92          $6.15         
Tenderloin                2-3 lbs.          $484.94          $2.57         
Tenderloin                3-4 lbs.          $556.30          $4.12         $0.02
Ribeye Roll               4-6 lbs.          $256.00          $2.69         
Ribeye Roll               6-8 lbs.          $284.32          $2.10         $0.05
Ribeye Roll               8up lbs.          $280.41          $2.05         
Flank Steak                                 $368.50          $1.55       ($0.04)
Kidney, Edible                               $21.25          $0.10         
Fat, inedible                                $20.60          $0.48         
Bone                                          $6.13          $1.47         
--------------------------------------------------------------------------------
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                 41.10  loads --            1,644,020  pounds
Cutter/Canner Cuts                  1.00  loads --               40,144  pounds
Boner/Breaker/Cutter/Canner        19.70  loads --              787,921  pounds
100% Lean Items                    25.92  loads --            1,036,840  pounds
Frozen Cuts                         2.45  loads --               97,966  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   18,811   $282.98     ($1.45)
112   Rib, ribeye roll, 8-10 lbs.             45   89,334   $294.98     ($0.69)
112   Rib, ribeye roll, 10-up lbs.            94  176,083   $311.76       $1.52
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      31   51,073   $403.77       $2.02
112A  Rib, ribeye roll-lip-on, 8-up lbs.      20   62,602   $437.91       $3.51
      Chuck, boneless 85%                      6  105,000   $198.80     ($1.42)
120   Chuck, brisket                          29  126,062   $193.28       $1.03
168   Round, top inside, 10-dn lbs.            5    6,092   $199.66       
168   Round, top inside, 10-up lbs.           29   71,029   $224.36       $0.95
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     35  203,541   $291.30     ($1.85)
169A  Round, top inside c-off, 14-up lbs.      8   50,914   $298.45     ($0.02)
171B  Round, outside round                     5   39,320   $262.52     ($0.41)
171C  Round, eye of round                     37   55,716   $262.72       $1.32
      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.            43  208,101   $236.39    ($13.81)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  30  175,321   $223.09     ($0.20)
185A  Loin, bottom sirloin butt flap, bnls.   57  204,201   $356.89       $7.16
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              32   31,978   $284.32       $7.74
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    10  100,050   $292.21     ($0.32)
      Inside round - Boxed                    33  115,715   $294.17       $0.65
      Outside round                            8   85,573   $271.84       $3.67
      Eye of round                            17   55,882   $281.03     ($2.14)
      Flats and eyes - Combo                  14  156,821   $270.53       $1.30
      Flats and eyes - Boxed                            
      Striploin                               56  245,774   $355.44     ($4.98)
      S.P.B. - Combo                          22  277,025   $263.02     ($0.18)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     36  144,840   $217.47       $0.46
167A  Round, knuckle, peeled                  15   82,721   $242.92     ($0.02)
190   Loin, tenderloin, 2-3 lbs.              13   16,389   $484.94     ($0.41)
190   Loin, tenderloin, 3-4 lbs.              44   98,070   $556.30       $2.09
190   Loin, tenderloin, 4-5 lbs.             139  179,177   $586.98     ($1.09)
190   Loin, tenderloin, 5-up lbs.             45   86,259   $572.33       $0.75
193   Flank, flank steak                      96  110,914   $376.25    ($10.77)
      Flank, rough                            53   69,551   $251.75       $3.60
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   12,848   $266.32
112   Rib, ribeye roll, 8-10 lbs.              9   50,443   $279.02     ($1.26)
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.             7   21,372   $312.50       $4.08
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   13,303   $303.86       
--------------------------------------------------------------------------------
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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