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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 8/11/2016

LM_XB405
Des Moines, IA                 Thu, Aug 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:               $171.89
Change from prior day:                $1.21
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $215.05        $120.08         $1.23
100% lean inside round                      $305.10          $7.08         $0.02
100% lean, flats and eyes                   $267.70          $6.21       ($0.01)
100% lean, S.P.B.                           $263.61         $13.18         
Chuck Tender                                $215.13          $2.15         
Knuckle                   4-7 lbs.          $249.31          $6.31         
Tenderloin                2-3 lbs.          $467.43          $2.48       ($0.03)
Tenderloin                3-4 lbs.          $515.61          $3.82       ($0.02)
Ribeye Roll               4-6 lbs.          $267.26          $2.81         
Ribeye Roll               6-8 lbs.          $289.67          $2.14         $0.01
Ribeye Roll               8up lbs.          $311.43          $2.27         
Flank Steak                                 $300.04          $1.26         $0.01
Kidney, Edible                               $21.83          $0.10         
Fat, inedible                                $16.92          $0.39         
Bone                                          $6.72          $1.61         
--------------------------------------------------------------------------------
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                 26.93  loads --            1,077,054  pounds
Cutter/Canner Cuts                  1.65  loads --               65,987  pounds
Boner/Breaker/Cutter/Canner        17.12  loads --              684,673  pounds
100% Lean Items                    22.71  loads --              908,522  pounds
Frozen Cuts                         1.88  loads --               75,351  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    6,939   $314.11       $4.78
112   Rib, ribeye roll, 8-10 lbs.             43   50,571   $345.06     ($1.30)
112   Rib, ribeye roll, 10-up lbs.            41   87,022   $339.31       $1.89
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   42,184   $516.85       $5.63
112A  Rib, ribeye roll-lip-on, 8-up lbs.       9    9,673   $552.32      $10.89
      Chuck, boneless 85%                      7   84,028   $197.59       $0.03
120   Chuck, brisket                          26   85,953   $195.70     ($2.44)
168   Round, top inside, 10-dn lbs.                     
168   Round, top inside, 10-up lbs.           10   14,120   $214.12       $1.74
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     32  229,268   $291.45       $0.01
169A  Round, top inside c-off, 14-up lbs.      3   19,187   $290.58
171B  Round, outside round                     5   36,880   $242.27       
171C  Round, eye of round                     39   65,030   $237.85       $1.37
      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.            25  110,006   $243.97      $23.92
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  24   72,443   $240.83       $0.97
185A  Loin, bottom sirloin butt flap, bnls.   48  150,774   $308.63    ($13.30)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              26   65,987   $289.67       $1.27
112   Rib, ribeye roll, 8-up lbs.                       
100% LEAN
      Inside round - Combo                     9   66,034   $301.36       
      Inside round - Boxed                    27   32,531   $312.69       $1.89
      Outside round                            7   73,009   $253.19     ($0.80)
      Eye of round                            19  138,646   $280.37       
      Flats and eyes - Combo                  11  130,611   $262.37       
      Flats and eyes - Boxed                            
      Striploin                               62  264,277   $331.20     ($1.98)
      S.P.B. - Combo                          17  203,114   $263.60     ($0.05)
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     36  104,698   $215.13     ($0.22)
167A  Round, knuckle, peeled                   9   52,271   $249.31       $0.08
190   Loin, tenderloin, 2-3 lbs.              23   36,807   $467.43     ($5.58)
190   Loin, tenderloin, 3-4 lbs.              34   70,299   $515.61     ($2.70)
190   Loin, tenderloin, 4-5 lbs.             127  154,492   $601.67       $0.59
190   Loin, tenderloin, 5-up lbs.             40   83,047   $562.98    ($26.15)
193   Flank, flank steak                      79   77,777   $299.21       $0.92
      Flank, rough                            51  105,282   $232.81     ($2.90)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   33,730   $287.06     ($6.15)
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                       8   16,801   $303.91       $5.85
--------------------------------------------------------------------------------
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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