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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/20/2016

LM_XB405
Des Moines, IA                 Fri, May 20, 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:               $173.73
Change from prior day:              ($0.05)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.14        $121.81        
100% lean inside round                      $293.54          $6.81         $0.01
100% lean, flats and eyes                   $273.44          $6.34       ($0.02)
100% lean, S.P.B.                           $264.19         $13.21        
Chuck Tender                                $224.93          $2.25         $0.03
Knuckle                   4-7 lbs.          $243.95          $6.17       ($0.05)
Tenderloin                2-3 lbs.          $504.13          $2.67        
Tenderloin                3-4 lbs.          $550.85          $4.08       ($0.04)
Ribeye Roll               4-6 lbs.          $259.86          $2.73       ($0.01)
Ribeye Roll               6-8 lbs.          $279.20          $2.07        
Ribeye Roll               8up lbs.          $290.00          $2.12         $0.03
Flank Steak                                 $351.96          $1.48        
Kidney, Edible                               $19.98          $0.09        
Fat, inedible                                $20.60          $0.48        
Bone                                          $5.90          $1.42        
--------------------------------------------------------------------------------
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                 29.61  loads --            1,184,211  pounds
Cutter/Canner Cuts                  1.88  loads --               75,014  pounds
Boner/Breaker/Cutter/Canner        17.72  loads --              708,782  pounds
100% Lean Items                    20.54  loads --              821,687  pounds
Frozen Cuts                         2.37  loads --               94,878  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    3,430   $294.74       $9.72
112   Rib, ribeye roll, 8-10 lbs.             50   51,436   $317.51     ($0.32)
112   Rib, ribeye roll, 10-up lbs.            66   97,124   $316.87       $0.98
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      26   34,539   $431.37       $0.90
112A  Rib, ribeye roll-lip-on, 8-up lbs.      18   75,873   $449.15       $9.51
      Chuck, boneless 85%                     15  193,652   $195.28      
120   Chuck, brisket                          21   69,768   $193.60     ($0.90)
168   Round, top inside, 10-dn lbs.            5   20,067   $230.86      
168   Round, top inside, 10-up lbs.           15   40,998   $240.98     ($3.27)
169A  Round, top inside c-off, 8-10 lbs.       4   11,140   $296.28     ($0.02)
169A  Round, top inside c-off, 10-14 lbs.     25  207,471   $292.99       $1.01
169A  Round, top inside c-off, 14-up lbs.      5   25,930   $294.70     ($0.04)
171B  Round, outside round                     9   61,433   $263.33       $1.12
171C  Round, eye of round                     39   69,257   $263.10       $0.52
      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.            17   37,801   $269.32      $39.69
182   Loin, sirloin butt                               
184   Loin, top sirloin butt                  19   46,742   $228.86       $0.43
185A  Loin, bottom sirloin butt flap, bnls.   60  137,450   $351.68     ($2.50)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              25   63,411   $279.20     ($0.12)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     6   66,507   $292.55       $0.39
      Inside round - Boxed                    27   69,089   $294.48       $0.27
      Outside round                            5   64,779   $269.25     ($2.72)
      Eye of round                            17   40,613   $288.82       $3.66
      Flats and eyes - Combo                  12  101,529   $269.96     ($1.69)
      Flats and eyes - Boxed                           
      Striploin                               66  262,982   $361.09       $3.22
      S.P.B. - Combo                          20  216,188   $264.19       $0.09
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30  128,078   $224.93       $2.58
167A  Round, knuckle, peeled                   9   65,937   $243.95     ($1.89)
190   Loin, tenderloin, 2-3 lbs.              16   31,232   $504.13       $0.37
190   Loin, tenderloin, 3-4 lbs.              25   44,956   $550.85     ($5.86)
190   Loin, tenderloin, 4-5 lbs.             153  204,461   $583.43     ($1.08)
190   Loin, tenderloin, 5-up lbs.             43   42,550   $599.43     ($1.96)
193   Flank, flank steak                      83   88,223   $360.21       $2.11
      Flank, rough                            52  103,345   $248.12     ($3.29)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    4,088   $266.57     ($1.16)
112   Rib, ribeye roll, 8-10 lbs.              3   15,075   $290.92      $13.39
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.             3   19,895   $179.52
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4   41,246   $260.08     ($0.59)
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.               3       98   $341.43      
190   Loin, tenderloin, 5-up lbs.                      
193   Flank, flank steak                       8   14,476   $301.69       $3.94
--------------------------------------------------------------------------------
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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