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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 6/14/2016

LM_XB405
Des Moines, IA                 Tue, Jun 14, 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:               $174.32
Change from prior day:                $0.56
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $219.84        $122.76         $0.78
100% lean inside round                      $285.39          $6.62       ($0.04)
100% lean, flats and eyes                   $259.74          $6.03       ($0.02)
100% lean, S.P.B.                           $264.01         $13.20         
Chuck Tender                                $221.78          $2.22       ($0.02)
Knuckle                   4-7 lbs.          $249.02          $6.30       ($0.04)
Tenderloin                2-3 lbs.          $477.13          $2.53       ($0.03)
Tenderloin                3-4 lbs.          $540.70          $4.00       ($0.06)
Ribeye Roll               4-6 lbs.          $268.37          $2.82       ($0.01)
Ribeye Roll               6-8 lbs.          $293.54          $2.17       ($0.01)
Ribeye Roll               8up lbs.          $290.62          $2.12         
Flank Steak                                 $326.66          $1.37         $0.01
Kidney, Edible                               $18.67          $0.09         
Fat, inedible                                $20.60          $0.48         
Bone                                          $6.70          $1.61         
--------------------------------------------------------------------------------
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                 32.72  loads --            1,308,732  pounds
Cutter/Canner Cuts                  1.16  loads --               46,404  pounds
Boner/Breaker/Cutter/Canner        16.50  loads --              659,853  pounds
100% Lean Items                    22.77  loads --              910,738  pounds
Frozen Cuts                         4.09  loads --              163,663  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   21,205   $266.27       $0.54
112   Rib, ribeye roll, 8-10 lbs.             45   71,126   $313.77       $3.05
112   Rib, ribeye roll, 10-up lbs.            63  111,966   $335.38       $2.16
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      22   38,531   $484.27    ($12.60)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      19   70,441   $519.10     ($0.98)
      Chuck, boneless 85%                      5   63,000   $202.52       $0.11
120   Chuck, brisket                          16   28,636   $201.64       $2.34
168   Round, top inside, 10-dn lbs.            7   14,327   $210.78       $7.55
168   Round, top inside, 10-up lbs.           16   49,547   $234.19     ($1.24)
169A  Round, top inside c-off, 8-10 lbs.       4   22,104   $290.22     ($0.42)
169A  Round, top inside c-off, 10-14 lbs.     44  337,782   $291.05       $0.52
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     8   76,900   $262.18     ($0.04)
171C  Round, eye of round                     24   47,827   $253.84    ($22.46)
      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.            31  128,401   $245.69       $0.07
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  21   62,713   $223.87     ($0.91)
185A  Loin, bottom sirloin butt flap, bnls.   48  152,655   $319.99     ($7.16)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              18   32,802   $293.54     ($1.05)
112   Rib, ribeye roll, 8-up lbs.              6    8,747   $290.62
100% LEAN
      Inside round - Combo                     7  101,123   $275.88     ($1.54)
      Inside round - Boxed                    42   93,867   $295.63     ($1.98)
      Outside round                            7   53,742   $261.10       $0.33
      Eye of round                            21   48,703   $275.08       $1.12
      Flats and eyes - Combo                  14  187,938   $255.37       $0.20
      Flats and eyes - Boxed                            
      Striploin                               63  194,532   $361.77       $1.05
      S.P.B. - Combo                          17  230,833   $264.01       $0.05
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     27  102,332   $221.78     ($2.29)
167A  Round, knuckle, peeled                  16   52,080   $249.02     ($1.65)
190   Loin, tenderloin, 2-3 lbs.              16   15,144   $477.13     ($5.57)
190   Loin, tenderloin, 3-4 lbs.              41   80,965   $542.76     ($8.31)
190   Loin, tenderloin, 4-5 lbs.             135  170,879   $597.95     ($0.62)
190   Loin, tenderloin, 5-up lbs.             40   83,179   $598.97       $3.87
193   Flank, flank steak                      93   92,630   $328.96       $0.64
      Flank, rough                            35   62,644   $253.56     ($3.84)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   12,775   $264.00       
112   Rib, ribeye roll, 8-10 lbs.              5   53,007   $250.37     ($0.15)
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   19,084   $291.65       
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                       7   11,745   $308.54       $2.64
--------------------------------------------------------------------------------
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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