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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 8/15/2016

LM_XB405
Des Moines, IA                 Mon, Aug 15, 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:              ($0.03)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $214.84        $119.97         
100% lean inside round                      $307.04          $7.12         $0.02
100% lean, flats and eyes                   $269.52          $6.25         $0.04
100% lean, S.P.B.                           $265.06         $13.25         $0.07
Chuck Tender                                $214.31          $2.14       ($0.01)
Knuckle                   4-7 lbs.          $245.43          $6.21       ($0.13)
Tenderloin                2-3 lbs.          $481.14          $2.55         $0.06
Tenderloin                3-4 lbs.          $529.45          $3.92         $0.03
Ribeye Roll               4-6 lbs.          $267.26          $2.81         
Ribeye Roll               6-8 lbs.          $290.50          $2.15         
Ribeye Roll               8up lbs.          $311.43          $2.27         
Flank Steak                                 $300.45          $1.26         
Kidney, Edible                               $21.71          $0.10         
Fat, inedible                                $16.92          $0.39         
Bone                                          $6.26          $1.50       ($0.11)
--------------------------------------------------------------------------------
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                 24.70  loads --              988,002  pounds
Cutter/Canner Cuts                  1.78  loads --               71,006  pounds
Boner/Breaker/Cutter/Canner        16.59  loads --              663,740  pounds
100% Lean Items                    20.57  loads --              822,604  pounds
Frozen Cuts                         2.43  loads --               97,350  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.             48   54,792   $347.88     ($9.15)
112   Rib, ribeye roll, 10-up lbs.            45   93,323   $335.11     ($1.75)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      21   35,924   $524.08     ($0.84)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      15   18,459   $548.75     ($4.14)
      Chuck, boneless 85%                               
120   Chuck, brisket                          24   88,918   $192.04     ($3.53)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.            9   20,864   $250.15      $35.47
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     29  172,214   $290.89     ($0.48)
169A  Round, top inside c-off, 14-up lbs.      5   29,213   $290.67       $0.08
171B  Round, outside round                     3   36,000   $240.56     ($1.20)
171C  Round, eye of round                     40   87,728   $246.63     ($0.63)
      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   90,603   $223.57    ($21.76)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  26   74,651   $241.66       $0.28
185A  Loin, bottom sirloin butt flap, bnls.   56  164,682   $305.75     ($3.89)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              28   71,006   $290.50     ($0.01)
112   Rib, ribeye roll, 8-up lbs.                       
100% LEAN
      Inside round - Combo                     9  101,713   $304.22       $2.86
      Inside round - Boxed                    29   31,729   $316.09       $0.89
      Outside round                            8  100,513   $260.86       $7.67
      Eye of round                            20  125,446   $278.76     ($2.90)
      Flats and eyes - Combo                   3   32,218   $260.54       $0.10
      Flats and eyes - Boxed                            
      Striploin                               62  321,928   $328.06     ($1.88)
      S.P.B. - Combo                          12  108,757   $265.05       $1.37
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     38  110,263   $214.31     ($0.49)
167A  Round, knuckle, peeled                   7   25,909   $245.43     ($5.08)
190   Loin, tenderloin, 2-3 lbs.              21   32,641   $481.14      $11.73
190   Loin, tenderloin, 3-4 lbs.              43   91,898   $529.45       $4.40
190   Loin, tenderloin, 4-5 lbs.             136  153,960   $607.31       $3.80
190   Loin, tenderloin, 5-up lbs.             39   71,391   $560.48     ($0.06)
193   Flank, flank steak                      75   73,531   $299.32       $1.07
      Flank, rough                            43  104,147   $231.83       $0.55
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             10   40,630   $282.56     ($2.60)
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                       7   17,596   $305.15       $0.50
--------------------------------------------------------------------------------
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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