Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 9/21/2016

Past Market Reports

Report Date: 9/21/2016

LM_XB405
Des Moines, IA                 Wed, Sep 21, 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:               $161.35
Change from prior day:              ($3.38)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $200.40        $111.90       ($3.54)
100% lean inside round                      $289.85          $6.72         $0.13
100% lean, flats and eyes                   $272.16          $6.31         $0.05
100% lean, S.P.B.                           $258.30         $12.91         
Chuck Tender                                $203.89          $2.04         
Knuckle                   4-7 lbs.          $225.85          $5.71         
Tenderloin                2-3 lbs.          $435.31          $2.31         $0.04
Tenderloin                3-4 lbs.          $494.73          $3.66         
Ribeye Roll               4-6 lbs.          $255.94          $2.69         
Ribeye Roll               6-8 lbs.          $282.16          $2.09       ($0.05)
Ribeye Roll               8up lbs.          $295.98          $2.16         
Flank Steak                                 $269.05          $1.13       ($0.01)
Kidney, Edible                               $23.40          $0.11         
Fat, inedible                                $16.92          $0.39         
Bone                                          $5.07          $1.22         
--------------------------------------------------------------------------------
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                 38.73  loads --            1,549,095  pounds
Cutter/Canner Cuts                  1.35  loads --               53,902  pounds
Boner/Breaker/Cutter/Canner        19.31  loads --              772,431  pounds
100% Lean Items                    25.83  loads --            1,033,344  pounds
Frozen Cuts                         2.85  loads --              114,001  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11   19,815   $289.11       $3.65
112   Rib, ribeye roll, 8-10 lbs.             34   87,902   $309.04     ($0.43)
112   Rib, ribeye roll, 10-up lbs.            76  178,008   $317.23     ($0.74)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      19   58,216   $427.29      $12.10
112A  Rib, ribeye roll-lip-on, 8-up lbs.      20   37,674   $442.81     ($7.91)
      Chuck, boneless 85%                      6   65,120   $188.68       
120   Chuck, brisket                          21   53,215   $185.92       $5.84
168   Round, top inside, 10-dn lbs.            5    6,443   $192.48     ($3.97)
168   Round, top inside, 10-up lbs.           20   73,963   $197.54     ($3.90)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     44  500,225   $280.72       $1.93
169A  Round, top inside c-off, 14-up lbs.      3   25,140   $280.32     ($3.78)
171B  Round, outside round                     4    7,560   $249.09       $7.26
171C  Round, eye of round                     36   66,130   $254.55       $4.26
      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.            27   92,352   $220.98       $7.46
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  25   79,621   $225.70       $2.02
185A  Loin, bottom sirloin butt flap, bnls.   41  191,838   $250.46       $5.89
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              25   47,567   $282.16     ($6.40)
112   Rib, ribeye roll, 8-up lbs.              3    6,335   $295.98       
100% LEAN
      Inside round - Combo                     7  104,268   $296.55       $3.49
      Inside round - Boxed                    34  116,389   $283.84       $2.85
      Outside round                            5   67,993   $267.60       $0.71
      Eye of round                            17   96,749   $278.37       $3.28
      Flats and eyes - Combo                   8   94,200   $269.07       
      Flats and eyes - Boxed                            
      Striploin                               66  347,840   $298.54     ($1.01)
      S.P.B. - Combo                           9  136,500   $267.60       
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     36  141,701   $203.89       $0.21
167A  Round, knuckle, peeled                  16   99,858   $225.85       $0.26
190   Loin, tenderloin, 2-3 lbs.              23   27,801   $435.31       $6.40
190   Loin, tenderloin, 3-4 lbs.              37   85,765   $494.73       $0.56
190   Loin, tenderloin, 4-5 lbs.             117  155,412   $539.62       $2.57
190   Loin, tenderloin, 5-up lbs.             34   65,841   $543.42     ($1.52)
193   Flank, flank steak                      83   96,287   $266.14     ($3.74)
      Flank, rough                            46   99,766   $219.72       $0.38
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   15,960   $271.63     ($3.16)
112   Rib, ribeye roll, 8-10 lbs.
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   35,308   $279.75
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4   35,308   $255.94       
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                       6   15,635   $287.00
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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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