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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 8/2/2016

LM_XB405
Des Moines, IA                 Tue, Aug 02, 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:               $173.74
Change from prior day:                $0.97
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.98        $122.28         $1.02
100% lean inside round                      $300.04          $6.96         
100% lean, flats and eyes                   $259.55          $6.02       ($0.03)
100% lean, S.P.B.                           $262.42         $13.12         
Chuck Tender                                $208.27          $2.08         $0.01
Knuckle                   4-7 lbs.          $238.95          $6.05         
Tenderloin                2-3 lbs.          $470.12          $2.49         
Tenderloin                3-4 lbs.          $531.63          $3.93       ($0.01)
Ribeye Roll               4-6 lbs.          $272.70          $2.86         
Ribeye Roll               6-8 lbs.          $296.89          $2.20         $0.02
Ribeye Roll               8up lbs.          $301.04          $2.20         
Flank Steak                                 $288.94          $1.21       ($0.04)
Kidney, Edible                               $22.25          $0.10         
Fat, inedible                                $20.60          $0.48         
Bone                                          $7.35          $1.76         
--------------------------------------------------------------------------------
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                 36.88  loads --            1,475,057  pounds
Cutter/Canner Cuts                  1.93  loads --               77,219  pounds
Boner/Breaker/Cutter/Canner        17.86  loads --              714,236  pounds
100% Lean Items                    21.69  loads --              867,716  pounds
Frozen Cuts                         3.01  loads --              120,274  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.             25   28,429   $337.89       $5.60
112   Rib, ribeye roll, 10-up lbs.            83  178,440   $331.20     ($0.04)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      20   31,370   $478.72    ($16.80)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      18   41,098   $536.86       $9.67
      Chuck, boneless 85%                     12  210,035   $197.39       
120   Chuck, brisket                          25  118,334   $190.35     ($1.08)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           15   40,479   $219.03     ($6.86)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     38  320,579   $291.36     ($0.03)
169A  Round, top inside c-off, 14-up lbs.      3   19,626   $290.73     ($0.05)
171B  Round, outside round                     4   37,200   $241.58       $0.91
171C  Round, eye of round                     24   42,245   $242.73       $1.68
      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.            30  163,780   $196.40       $6.19
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  30   50,935   $229.18       $5.22
185A  Loin, bottom sirloin butt flap, bnls.   52  179,649   $308.95    ($22.24)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              25   63,116   $296.90       $2.76
112   Rib, ribeye roll, 8-up lbs.                       
100% LEAN
      Inside round - Combo                    12  120,137   $296.15     ($0.49)
      Inside round - Boxed                    34   49,331   $309.53       $2.56
      Outside round                            7   48,664   $261.70       $1.28
      Eye of round                            21   65,967   $257.81     ($9.94)
      Flats and eyes - Combo                  11  115,307   $259.63       $0.04
      Flats and eyes - Boxed                            
      Striploin                               71  265,203   $335.18       $0.71
      S.P.B. - Combo                          18  202,477   $262.41       $0.04
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     34  114,087   $208.27       $0.86
167A  Round, knuckle, peeled                  17   81,898   $238.95     ($0.24)
190   Loin, tenderloin, 2-3 lbs.               9   14,375   $470.12       $0.36
190   Loin, tenderloin, 3-4 lbs.              33   70,742   $532.04     ($1.39)
190   Loin, tenderloin, 4-5 lbs.             133  141,348   $578.80     ($6.29)
190   Loin, tenderloin, 5-up lbs.             51  105,271   $563.99       $6.88
193   Flank, flank steak                      91  106,813   $287.68     ($9.60)
      Flank, rough                            45   79,702   $226.57       $0.29
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             10   20,992   $262.55       $0.06
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   11,960   $314.96     ($0.33)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               7   52,868   $272.62       $0.11
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   19,528   $295.81       $1.51
--------------------------------------------------------------------------------
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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