Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 8/12/2016

Past Market Reports

Report Date: 8/12/2016

LM_XB405
Des Moines, IA                 Fri, Aug 12, 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:               $171.92
Change from prior day:                $0.03
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $214.84        $119.97       ($0.11)
100% lean inside round                      $305.93          $7.10         $0.02
100% lean, flats and eyes                   $267.67          $6.21         
100% lean, S.P.B.                           $263.68         $13.18         
Chuck Tender                                $214.80          $2.15         
Knuckle                   4-7 lbs.          $250.51          $6.34         $0.03
Tenderloin                2-3 lbs.          $469.41          $2.49         $0.01
Tenderloin                3-4 lbs.          $525.05          $3.89         $0.07
Ribeye Roll               4-6 lbs.          $267.26          $2.81         
Ribeye Roll               6-8 lbs.          $290.51          $2.15         $0.01
Ribeye Roll               8up lbs.          $311.43          $2.27         
Flank Steak                                 $299.66          $1.26         
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                 27.24  loads --            1,089,659  pounds
Cutter/Canner Cuts                  1.93  loads --               77,397  pounds
Boner/Breaker/Cutter/Canner        16.96  loads --              678,243  pounds
100% Lean Items                    23.30  loads --              932,192  pounds
Frozen Cuts                         2.40  loads --               96,065  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       
112   Rib, ribeye roll, 8-10 lbs.             46   38,565   $357.03      $11.97
112   Rib, ribeye roll, 10-up lbs.            40   98,115   $336.86     ($2.45)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      17   29,482   $524.92       $8.07
112A  Rib, ribeye roll-lip-on, 8-up lbs.      12   12,400   $552.89       $0.57
      Chuck, boneless 85%                      7   84,028   $197.59       
120   Chuck, brisket                          24   84,493   $195.57     ($0.13)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.            7    9,779   $214.68       $0.56
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     32  228,865   $291.37     ($0.08)
169A  Round, top inside c-off, 14-up lbs.      4   19,430   $290.59       $0.01
171B  Round, outside round                     4   36,040   $241.76     ($0.51)
171C  Round, eye of round                     43   88,172   $247.26       $9.41
      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.            26  108,534   $245.33       $1.36
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  25   76,718   $241.38       $0.55
185A  Loin, bottom sirloin butt flap, bnls.   51  154,407   $309.64       $1.01
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              28   77,397   $290.51       $0.84
112   Rib, ribeye roll, 8-up lbs.                       
100% LEAN
      Inside round - Combo                     9   66,034   $301.36       
      Inside round - Boxed                    29   32,538   $315.20       $2.51
      Outside round                            7   73,009   $253.19       
      Eye of round                            18  143,141   $281.66       $1.29
      Flats and eyes - Combo                  11  130,611   $260.44     ($1.93)
      Flats and eyes - Boxed                            
      Striploin                               69  285,691   $329.94     ($1.26)
      S.P.B. - Combo                          17  200,868   $263.68       $0.08
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     38  106,601   $214.80     ($0.33)
167A  Round, knuckle, peeled                  11   36,693   $250.51       $1.20
190   Loin, tenderloin, 2-3 lbs.              25   42,208   $469.41       $1.98
190   Loin, tenderloin, 3-4 lbs.              37   66,647   $525.05       $9.44
190   Loin, tenderloin, 4-5 lbs.             129  158,836   $603.51       $1.84
190   Loin, tenderloin, 5-up lbs.             39   71,851   $560.54     ($2.44)
193   Flank, flank steak                      76   72,734   $298.25     ($0.96)
      Flank, rough                            52  122,673   $231.28     ($1.53)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              9   36,430   $285.16     ($1.90)
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.             3    2,860   $314.82
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                       9   20,511   $304.65       $0.74
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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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