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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 8/18/2016

LM_XB405
Des Moines, IA                 Thu, Aug 18, 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:               $171.13
Change from prior day:                $0.18
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $213.68        $119.32         $0.02
100% lean inside round                      $308.56          $7.16       ($0.01)
100% lean, flats and eyes                   $263.11          $6.10       ($0.01)
100% lean, S.P.B.                           $264.74         $13.24         $0.01
Chuck Tender                                $213.53          $2.14       ($0.01)
Knuckle                   4-7 lbs.          $240.49          $6.08       ($0.02)
Tenderloin                2-3 lbs.          $484.00          $2.57         $0.02
Tenderloin                3-4 lbs.          $523.03          $3.87         $0.01
Ribeye Roll               4-6 lbs.          $284.00          $2.98         $0.17
Ribeye Roll               6-8 lbs.          $289.63          $2.14         $0.01
Ribeye Roll               8up lbs.          $311.43          $2.27        
Flank Steak                                 $303.24          $1.27       ($0.01)
Kidney, Edible                               $21.71          $0.10        
Fat, inedible                                $16.92          $0.39        
Bone                                          $6.26          $1.50        
--------------------------------------------------------------------------------
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                 30.61  loads --            1,224,483  pounds
Cutter/Canner Cuts                  3.00  loads --              120,039  pounds
Boner/Breaker/Cutter/Canner        15.69  loads --              627,733  pounds
100% Lean Items                    21.80  loads --              871,807  pounds
Frozen Cuts                         2.16  loads --               86,402  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    2,502   $326.01     ($1.72)
112   Rib, ribeye roll, 8-10 lbs.             52   82,886   $333.70       $1.69
112   Rib, ribeye roll, 10-up lbs.            68  150,133   $331.86     ($2.54)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      22   23,260   $518.14       $3.64
112A  Rib, ribeye roll-lip-on, 8-up lbs.      16   33,354   $550.79       $0.76
      Chuck, boneless 85%                      5   63,015   $198.52      
120   Chuck, brisket                          16   55,612   $190.49       $1.02
168   Round, top inside, 10-dn lbs.            3    1,934   $221.18
168   Round, top inside, 10-up lbs.           17   42,962   $248.73      $11.92
169A  Round, top inside c-off, 8-10 lbs.               
169A  Round, top inside c-off, 10-14 lbs.     38  325,260   $288.50     ($0.11)
169A  Round, top inside c-off, 14-up lbs.      4   31,083   $293.15       $0.55
171B  Round, outside round                     6   43,200   $241.80       $0.04
171C  Round, eye of round                     46   91,674   $243.19       $0.50
      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.            14   64,490   $205.50    ($29.88)
182   Loin, sirloin butt                               
184   Loin, top sirloin butt                  30   91,277   $235.70       $0.05
185A  Loin, bottom sirloin butt flap, bnls.   58  121,661   $334.88      $14.61
191A  Loin, butt tender, peeled                        
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                       
112   Rib, ribeye roll, 6-8 lbs.              35  120,039   $289.63       $1.75
112   Rib, ribeye roll, 8-up lbs.                      
100% LEAN
      Inside round - Combo                     7   70,394   $306.41      
      Inside round - Boxed                    30   27,602   $314.05     ($1.02)
      Outside round                            9   75,569   $260.88       $0.28
      Eye of round                            17   55,287   $269.21     ($0.67)
      Flats and eyes - Combo                  10  112,371   $261.62      
      Flats and eyes - Boxed                           
      Striploin                               65  283,635   $328.29       $0.83
      S.P.B. - Combo                          22  246,949   $264.74       $0.13
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30   76,962   $213.53     ($1.36)
167A  Round, knuckle, peeled                  13   68,286   $240.49     ($0.46)
190   Loin, tenderloin, 2-3 lbs.              13   20,414   $484.00       $2.94
190   Loin, tenderloin, 3-4 lbs.              38   79,863   $523.03       $1.51
190   Loin, tenderloin, 4-5 lbs.             136  166,263   $594.95       $1.92
190   Loin, tenderloin, 5-up lbs.             47   67,591   $564.63      $10.53
193   Flank, flank steak                      85   71,358   $303.98     ($1.27)
      Flank, rough                            47   76,996   $237.78       $0.71
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   16,500   $302.09      $38.98
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.       3    1,100   $309.36
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    6,500   $316.60       $1.78
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                      10   17,467   $300.24     ($0.51)
--------------------------------------------------------------------------------
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
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