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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 6/6/2016

LM_XB405
Des Moines, IA                 Mon, Jun 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:               $173.53
Change from prior day:                $0.12
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.27        $121.88         $0.13
100% lean inside round                      $280.13          $6.50         $0.03
100% lean, flats and eyes                   $265.90          $6.17       ($0.02)
100% lean, S.P.B.                           $262.92         $13.15         $0.03
Chuck Tender                                $228.19          $2.28       ($0.02)
Knuckle                   4-7 lbs.          $247.31          $6.26       ($0.12)
Tenderloin                2-3 lbs.          $487.91          $2.59       ($0.03)
Tenderloin                3-4 lbs.          $556.59          $4.12         $0.01
Ribeye Roll               4-6 lbs.          $264.12          $2.77         
Ribeye Roll               6-8 lbs.          $288.13          $2.13       ($0.01)
Ribeye Roll               8up lbs.          $290.74          $2.12         
Flank Steak                                 $350.83          $1.47         $0.02
Kidney, Edible                               $23.60          $0.11         $0.02
Fat, inedible                                $20.60          $0.48         
Bone                                          $6.24          $1.50         $0.08
--------------------------------------------------------------------------------
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                 35.83  loads --            1,433,026  pounds
Cutter/Canner Cuts                  2.42  loads --               96,942  pounds
Boner/Breaker/Cutter/Canner        22.48  loads --              899,248  pounds
100% Lean Items                    30.69  loads --            1,227,557  pounds
Frozen Cuts                         2.72  loads --              108,649  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.             46   92,420   $310.41     ($2.92)
112   Rib, ribeye roll, 10-up lbs.            59  126,404   $333.33       $2.19
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      34   61,503   $503.18       $0.24
112A  Rib, ribeye roll-lip-on, 8-up lbs.      27   69,404   $505.53       $1.02
      Chuck, boneless 85%                      8  100,800   $202.47       $0.37
120   Chuck, brisket                          38  178,222   $205.02       $9.71
168   Round, top inside, 10-dn lbs.            3    2,845   $214.03       
168   Round, top inside, 10-up lbs.           10   38,699   $240.59     ($8.55)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     28  170,540   $288.91     ($3.06)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     8   46,629   $264.67       $0.08
171C  Round, eye of round                     37   58,473   $263.59       $0.43
      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.            32  110,308   $271.23      $34.62
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  29  224,403   $219.01       $0.09
185A  Loin, bottom sirloin butt flap, bnls.   51  134,556   $349.16       $3.56
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              29   86,558   $288.13     ($0.54)
112   Rib, ribeye roll, 8-up lbs.              4   10,384   $290.74
100% LEAN
      Inside round - Combo                    11  163,479   $276.61       
      Inside round - Boxed                    38   85,476   $286.84       $2.38
      Outside round                            8   76,800   $265.13     ($2.88)
      Eye of round                            27   84,232   $284.89       $0.51
      Flats and eyes - Combo                  17  239,678   $259.48       $1.61
      Flats and eyes - Boxed                            
      Striploin                               65  267,026   $359.08       $0.44
      S.P.B. - Combo                          21  310,866   $262.92       $0.45
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     36  129,351   $228.19     ($1.42)
167A  Round, knuckle, peeled                  19   75,950   $247.31     ($4.80)
190   Loin, tenderloin, 2-3 lbs.              18   21,222   $487.91     ($5.97)
190   Loin, tenderloin, 3-4 lbs.              31   83,501   $556.59       $0.91
190   Loin, tenderloin, 4-5 lbs.             144  268,270   $586.95       $3.94
190   Loin, tenderloin, 5-up lbs.             38  139,475   $581.86     ($2.87)
193   Flank, flank steak                      91   79,196   $361.39       $5.48
      Flank, rough                            51  102,283   $245.53     ($2.64)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   73,803   $257.80       
112   Rib, ribeye roll, 8-10 lbs.
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.             6    5,356   $268.87       
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                       9   17,732   $303.66     ($0.66)
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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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