Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 7/21/2016

Past Market Reports

Report Date: 7/21/2016

LM_XB405
Des Moines, IA                 Thu, Jul 21, 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:               $173.19
Change from prior day:                $1.67
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $217.94        $121.70         $1.74
100% lean inside round                      $293.92          $6.82         $0.05
100% lean, flats and eyes                   $261.57          $6.07         
100% lean, S.P.B.                           $261.58         $13.08         
Chuck Tender                                $206.89          $2.07       ($0.01)
Knuckle                   4-7 lbs.          $244.75          $6.19       ($0.04)
Tenderloin                2-3 lbs.          $474.33          $2.51       ($0.01)
Tenderloin                3-4 lbs.          $540.89          $4.00       ($0.05)
Ribeye Roll               4-6 lbs.          $274.51          $2.88       ($0.03)
Ribeye Roll               6-8 lbs.          $297.39          $2.20         $0.02
Ribeye Roll               8up lbs.          $291.42          $2.13         
Flank Steak                                 $293.45          $1.23         
Kidney, Edible                               $21.35          $0.10         
Fat, inedible                                $20.60          $0.48         
Bone                                          $7.21          $1.73         
--------------------------------------------------------------------------------
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                 44.63  loads --            1,785,135  pounds
Cutter/Canner Cuts                  1.78  loads --               71,242  pounds
Boner/Breaker/Cutter/Canner        16.90  loads --              676,120  pounds
100% Lean Items                    28.09  loads --            1,123,662  pounds
Frozen Cuts                         2.05  loads --               81,818  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.             27   52,277   $341.07     ($0.18)
112   Rib, ribeye roll, 10-up lbs.            66   89,228   $339.67     ($8.60)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      22   50,724   $504.78      $14.41
112A  Rib, ribeye roll-lip-on, 8-up lbs.      21  147,549   $519.58       $9.63
      Chuck, boneless 85%                      8  189,020   $200.45       
120   Chuck, brisket                          28  115,742   $206.20     ($0.95)
168   Round, top inside, 10-dn lbs.            8   27,223   $210.92     ($0.04)
168   Round, top inside, 10-up lbs.           15   64,713   $218.35      $12.39
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     27  271,179   $291.24       $0.58
169A  Round, top inside c-off, 14-up lbs.      3   15,983   $289.55     ($1.06)
171B  Round, outside round                     3   37,200   $241.23
171C  Round, eye of round                     53   82,151   $247.59       $7.83
      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  149,978   $209.27     ($1.53)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  32  209,781   $207.94     ($3.58)
185A  Loin, bottom sirloin butt flap, bnls.   64  278,927   $299.63     ($2.90)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              21   56,507   $297.39       $2.13
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    15  179,217   $293.05       $3.08
      Inside round - Boxed                    33   47,545   $297.20     ($0.33)
      Outside round                            9   98,328   $254.55       
      Eye of round                            22   76,321   $274.70       $0.24
      Flats and eyes - Combo                  11  122,371   $259.02       
      Flats and eyes - Boxed                            
      Striploin                               62  355,689   $331.54       $0.75
      S.P.B. - Combo                          21  243,891   $261.58       $0.07
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     26   85,906   $206.89     ($0.99)
167A  Round, knuckle, peeled                  13   92,808   $244.75     ($1.61)
190   Loin, tenderloin, 2-3 lbs.              15   16,114   $474.33     ($0.23)
190   Loin, tenderloin, 3-4 lbs.              34   53,720   $540.89     ($6.38)
190   Loin, tenderloin, 4-5 lbs.             121  181,231   $583.99       $3.49
190   Loin, tenderloin, 5-up lbs.             35   27,952   $609.18     ($0.12)
193   Flank, flank steak                      87  101,621   $292.55     ($1.03)
      Flank, rough                            56  116,768   $219.56     ($3.45)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              6   20,940   $262.40       $1.51
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.             4   14,976   $303.42
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4   14,131   $275.78     ($1.73)
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                       9   21,836   $297.64       $2.25
--------------------------------------------------------------------------------
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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