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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 7/11/2016

LM_XB405
Des Moines, IA                 Mon, Jul 11, 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:               $173.26
Change from prior day:                $1.69
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.31        $121.90         $2.00
100% lean inside round                      $288.53          $6.69         $0.01
100% lean, flats and eyes                   $258.21          $5.99         
100% lean, S.P.B.                           $260.57         $13.03         $0.01
Chuck Tender                                $218.67          $2.19         
Knuckle                   4-7 lbs.          $245.46          $6.21       ($0.28)
Tenderloin                2-3 lbs.          $476.58          $2.53         
Tenderloin                3-4 lbs.          $549.34          $4.07         $0.01
Ribeye Roll               4-6 lbs.          $272.13          $2.86         
Ribeye Roll               6-8 lbs.          $286.55          $2.12       ($0.04)
Ribeye Roll               8up lbs.          $288.99          $2.11         
Flank Steak                                 $288.82          $1.21       ($0.02)
Kidney, Edible                               $21.35          $0.10         $0.01
Fat, inedible                                $20.60          $0.48         
Bone                                          $7.37          $1.77       ($0.01)
--------------------------------------------------------------------------------
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                 32.09  loads --            1,283,648  pounds
Cutter/Canner Cuts                  2.25  loads --               90,053  pounds
Boner/Breaker/Cutter/Canner        20.68  loads --              827,186  pounds
100% Lean Items                    26.76  loads --            1,070,450  pounds
Frozen Cuts                         2.13  loads --               85,267  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    3,080   $300.82       
112   Rib, ribeye roll, 8-10 lbs.             37   45,555   $340.33     ($0.08)
112   Rib, ribeye roll, 10-up lbs.            57  107,158   $341.43       $6.28
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      29   40,324   $478.65       $5.78
112A  Rib, ribeye roll-lip-on, 8-up lbs.      17   33,097   $518.14       $3.71
      Chuck, boneless 85%                     11  226,800   $199.62       $0.61
120   Chuck, brisket                          19   37,098   $263.72     ($1.25)
168   Round, top inside, 10-dn lbs.            3    5,015   $207.54
168   Round, top inside, 10-up lbs.           12   39,882   $249.77     ($2.59)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     32  231,431   $295.35     ($0.39)
169A  Round, top inside c-off, 14-up lbs.      5   55,805   $286.66       $2.59
171B  Round, outside round                     3   31,620   $241.38
171C  Round, eye of round                     30   68,939   $251.20     ($0.99)
      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.            24   76,872   $263.71    ($17.51)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  38   93,127   $223.08       $0.45
185A  Loin, bottom sirloin butt flap, bnls.   59  187,845   $322.04       $3.68
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              34   86,369   $286.55     ($5.15)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    10  109,857   $288.11       
      Inside round - Boxed                    36   83,823   $289.07       $0.93
      Outside round
      Eye of round                            15   40,481   $267.29     ($1.11)
      Flats and eyes - Combo                  17  212,359   $256.58       $0.33
      Flats and eyes - Boxed                            
      Striploin                               66  271,471   $345.46     ($0.63)
      S.P.B. - Combo                          22  336,777   $260.57       $0.21
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     43  157,370   $218.67     ($0.70)
167A  Round, knuckle, peeled                   8   31,938   $245.46    ($10.97)
190   Loin, tenderloin, 2-3 lbs.              25   43,267   $476.58     ($1.46)
190   Loin, tenderloin, 3-4 lbs.              43  105,812   $549.34       $0.17
190   Loin, tenderloin, 4-5 lbs.             134  205,346   $597.51     ($1.26)
190   Loin, tenderloin, 5-up lbs.             41   62,681   $607.38     ($0.16)
193   Flank, flank steak                      92   93,377   $287.67     ($3.94)
      Flank, rough                            53  127,395   $224.70       $2.28
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   50,160   $268.43
112   Rib, ribeye roll, 8-10 lbs.              3    7,380   $307.02
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                       4    7,261   $303.66       $0.73
--------------------------------------------------------------------------------
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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