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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 6/8/2016

LM_XB405
Des Moines, IA                 Wed, Jun 08, 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:               $172.91
Change from prior day:              ($1.17)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $216.91        $121.12       ($1.34)
100% lean inside round                      $291.25          $6.76         $0.22
100% lean, flats and eyes                   $265.54          $6.16         $0.04
100% lean, S.P.B.                           $263.10         $13.15         
Chuck Tender                                $228.66          $2.29         $0.01
Knuckle                   4-7 lbs.          $244.44          $6.18       ($0.06)
Tenderloin                2-3 lbs.          $481.95          $2.55       ($0.04)
Tenderloin                3-4 lbs.          $553.98          $4.10         $0.01
Ribeye Roll               4-6 lbs.          $269.07          $2.83         
Ribeye Roll               6-8 lbs.          $289.50          $2.14         
Ribeye Roll               8up lbs.          $290.74          $2.12         
Flank Steak                                 $337.03          $1.42       ($0.01)
Kidney, Edible                               $23.60          $0.11         
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                 40.11  loads --            1,604,338  pounds
Cutter/Canner Cuts                  2.28  loads --               91,082  pounds
Boner/Breaker/Cutter/Canner        23.76  loads --              950,462  pounds
100% Lean Items                    22.23  loads --              889,032  pounds
Frozen Cuts                         3.18  loads --              127,066  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   20,140   $265.25
112   Rib, ribeye roll, 8-10 lbs.             46  110,447   $304.34     ($1.52)
112   Rib, ribeye roll, 10-up lbs.            52  100,985   $332.66     ($2.00)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      30   49,812   $499.84     ($1.46)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      23   60,063   $508.01       $0.97
      Chuck, boneless 85%                      8   90,300   $202.49       
120   Chuck, brisket                          26  153,973   $206.57       $0.50
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.            8   17,203   $213.53    ($30.06)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     49  407,455   $291.42       $0.68
169A  Round, top inside c-off, 14-up lbs.      3   16,942   $289.70
171B  Round, outside round                     7   42,629   $264.83       $0.16
171C  Round, eye of round                     35  132,143   $277.97     ($1.15)
      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.            30  123,522   $295.56      $21.23
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  28   82,376   $224.48       $5.56
185A  Loin, bottom sirloin butt flap, bnls.   66  187,692   $346.22       $4.63
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              28   75,883   $289.50       $0.06
112   Rib, ribeye roll, 8-up lbs.              4   10,344   $290.74       
100% LEAN
      Inside round - Combo                     6  100,415   $286.43       $9.12
      Inside round - Boxed                    40  100,870   $296.05       $4.92
      Outside round                            8   71,047   $257.22     ($5.98)
      Eye of round                            23   74,986   $282.75       $0.55
      Flats and eyes - Combo                   8   97,399   $258.34       $4.76
      Flats and eyes - Boxed                            
      Striploin                               61  243,460   $359.91       $0.96
      S.P.B. - Combo                          17  200,855   $263.10       $0.15
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32  133,393   $228.66       $0.73
167A  Round, knuckle, peeled                  11   42,590   $244.44     ($2.01)
190   Loin, tenderloin, 2-3 lbs.              21   22,516   $481.95     ($7.14)
190   Loin, tenderloin, 3-4 lbs.              32   85,346   $553.98       $1.51
190   Loin, tenderloin, 4-5 lbs.             142  271,853   $593.78       $3.99
190   Loin, tenderloin, 5-up lbs.             48  185,303   $585.89       $0.09
193   Flank, flank steak                      86   84,535   $345.38     ($2.19)
      Flank, rough                            53  124,926   $248.49     ($2.27)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4   45,995   $248.91    ($14.03)
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.             5    4,316   $281.13      $12.26
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   21,659   $269.37       
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                      12   22,852   $306.11       $3.55
--------------------------------------------------------------------------------
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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