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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 7/5/2016

LM_XB405
Des Moines, IA                 Tue, Jul 05, 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:               $173.67
Change from prior day:              ($0.32)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.79        $122.17       ($0.45)
100% lean inside round                      $288.32          $6.69       ($0.15)
100% lean, flats and eyes                   $264.94          $6.15         $0.02
100% lean, S.P.B.                           $260.18         $13.01       ($0.02)
Chuck Tender                                $213.62          $2.14         $0.02
Knuckle                   4-7 lbs.          $246.85          $6.25         $0.13
Tenderloin                2-3 lbs.          $484.92          $2.57         $0.03
Tenderloin                3-4 lbs.          $534.33          $3.95       ($0.01)
Ribeye Roll               4-6 lbs.          $273.66          $2.87         $0.01
Ribeye Roll               6-8 lbs.          $301.22          $2.23         $0.07
Ribeye Roll               8up lbs.          $290.67          $2.12         
Flank Steak                                 $279.64          $1.17       ($0.03)
Kidney, Edible                               $19.75          $0.09         
Fat, inedible                                $20.60          $0.48         
Bone                                          $7.41          $1.78         $0.06
--------------------------------------------------------------------------------
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                 25.35  loads --            1,013,943  pounds
Cutter/Canner Cuts                  1.29  loads --               51,459  pounds
Boner/Breaker/Cutter/Canner        13.20  loads --              528,173  pounds
100% Lean Items                    18.30  loads --              732,141  pounds
Frozen Cuts                         1.59  loads --               63,494  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    2,660   $297.26       $0.75
112   Rib, ribeye roll, 8-10 lbs.             39   45,206   $339.00       $4.75
112   Rib, ribeye roll, 10-up lbs.            58   80,959   $351.94     ($2.26)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23   21,276   $465.35     ($7.03)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      16   42,110   $494.90     ($4.94)
      Chuck, boneless 85%                      8  149,100   $199.30       $0.09
120   Chuck, brisket                          10   54,542   $270.23       $7.78
168   Round, top inside, 10-dn lbs.            3    2,149   $205.88       $5.97
168   Round, top inside, 10-up lbs.           12   41,662   $249.83       $3.36
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     21  132,120   $291.36       $7.41
169A  Round, top inside c-off, 14-up lbs.      4   30,780   $282.01     ($2.69)
171B  Round, outside round                     5   39,380   $242.78     ($0.37)
171C  Round, eye of round                     24   56,603   $254.32       $0.45
      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.            21  102,468   $256.88    ($14.66)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  20  128,751   $214.10     ($3.42)
185A  Loin, bottom sirloin butt flap, bnls.   35   83,977   $327.90       $8.78
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              19   39,911   $301.22       $9.73
112   Rib, ribeye roll, 8-up lbs.              5   11,548   $290.67     ($0.26)
100% LEAN
      Inside round - Combo                     3   36,611   $281.20    ($10.81)
      Inside round - Boxed                    28   37,470   $295.27     ($1.35)
      Outside round
      Eye of round                            21   88,024   $280.00       $0.09
      Flats and eyes - Combo                   9  129,571   $257.05       $0.23
      Flats and eyes - Boxed                            
      Striploin                               57  200,932   $341.99     ($2.59)
      S.P.B. - Combo                          15  227,482   $260.18     ($0.33)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30  116,995   $213.62       $1.17
167A  Round, knuckle, peeled                   7   33,608   $246.85       $4.79
190   Loin, tenderloin, 2-3 lbs.              20   19,861   $484.92       $5.07
190   Loin, tenderloin, 3-4 lbs.              23   31,215   $534.33     ($0.53)
190   Loin, tenderloin, 4-5 lbs.             100   93,959   $603.35       $0.91
190   Loin, tenderloin, 5-up lbs.             33   59,977   $606.57       $3.55
193   Flank, flank steak                      70   66,613   $274.85     ($9.32)
      Flank, rough                            36  105,945   $254.95       $4.04
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
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.                      
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                       6   12,031   $306.15     ($1.15)
--------------------------------------------------------------------------------
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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