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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 6/30/2016

LM_XB405
Des Moines, IA                 Thu, Jun 30, 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:               $171.84
Change from prior day:              ($0.52)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $216.40        $120.84       ($0.25)
100% lean inside round                      $288.69          $6.70        
100% lean, flats and eyes                   $261.66          $6.07        
100% lean, S.P.B.                           $260.07         $13.00       ($0.01)
Chuck Tender                                $213.24          $2.13       ($0.02)
Knuckle                   4-7 lbs.          $244.46          $6.18        
Tenderloin                2-3 lbs.          $479.93          $2.54        
Tenderloin                3-4 lbs.          $535.05          $3.96        
Ribeye Roll               4-6 lbs.          $253.43          $2.66       ($0.17)
Ribeye Roll               6-8 lbs.          $291.00          $2.15        
Ribeye Roll               8up lbs.          $290.82          $2.12        
Flank Steak                                 $286.48          $1.20       ($0.07)
Kidney, Edible                               $19.50          $0.09        
Fat, inedible                                $20.60          $0.48        
Bone                                          $7.15          $1.72        
--------------------------------------------------------------------------------
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                 32.61  loads --            1,304,408  pounds
Cutter/Canner Cuts                  1.73  loads --               69,017  pounds
Boner/Breaker/Cutter/Canner        18.85  loads --              754,151  pounds
100% Lean Items                    21.80  loads --              872,138  pounds
Frozen Cuts                         3.11  loads --              124,486  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.             39   70,102   $330.91       $1.16
112   Rib, ribeye roll, 10-up lbs.            53   97,891   $343.45       $2.43
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      24   32,964   $475.45     ($3.10)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      19   70,088   $504.84       $8.30
      Chuck, boneless 85%                      6   81,500   $198.71      
120   Chuck, brisket                          20   31,986   $248.07       $1.40
168   Round, top inside, 10-dn lbs.            5    6,410   $198.53       $0.30
168   Round, top inside, 10-up lbs.           12   38,379   $250.91       $0.33
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     35  294,447   $282.61     ($4.00)
169A  Round, top inside c-off, 14-up lbs.      5   25,490   $286.96     ($0.13)
171B  Round, outside round                     5   39,440   $242.81     ($0.97)
171C  Round, eye of round                     27   68,060   $252.05       $0.95
      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.            27  131,000   $288.01     ($5.73)
182   Loin, sirloin butt                               
184   Loin, top sirloin butt                  35  113,694   $218.06     ($0.55)
185A  Loin, bottom sirloin butt flap, bnls.   57  192,332   $317.38       $4.35
191A  Loin, butt tender, peeled                        
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              32   59,096   $291.08       $0.50
112   Rib, ribeye roll, 8-up lbs.              4    6,300   $290.82      
100% LEAN
      Inside round - Combo                     6   48,524   $291.40       $1.31
      Inside round - Boxed                    37   68,468   $286.77     ($0.72)
      Outside round                            3   31,127   $255.08      
      Eye of round                            19   56,860   $276.94     ($0.58)
      Flats and eyes - Combo                  12  137,052   $256.82      
      Flats and eyes - Boxed                           
      Striploin                               70  283,166   $344.39       $3.27
      S.P.B. - Combo                          16  246,941   $260.07     ($0.21)
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     36  134,195   $213.24     ($2.15)
167A  Round, knuckle, peeled                  13   36,734   $244.46      
190   Loin, tenderloin, 2-3 lbs.              22   25,782   $479.93       $0.71
190   Loin, tenderloin, 3-4 lbs.              38   82,587   $535.05       $0.02
190   Loin, tenderloin, 4-5 lbs.             130  158,243   $601.92       $3.52
190   Loin, tenderloin, 5-up lbs.             36   79,646   $602.98       $1.57
193   Flank, flank steak                     102  101,977   $284.18    ($16.19)
      Flank, rough                            56  134,987   $250.94       $1.80
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4  106,076   $265.03     ($0.02)
112   Rib, ribeye roll, 8-10 lbs.              3    4,860   $253.68       $2.08
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.
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                       5   11,342   $307.18     ($5.29)
--------------------------------------------------------------------------------
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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