Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 9/23/2016

Past Market Reports

Report Date: 9/23/2016

LM_XB405
Des Moines, IA                 Fri, Sep 23, 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:               $162.58
Change from prior day:                $0.58
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $202.51        $113.08         $0.60
100% lean inside round                      $289.86          $6.72       ($0.06)
100% lean, flats and eyes                   $270.45          $6.27       ($0.01)
100% lean, S.P.B.                           $261.14         $13.06         $0.13
Chuck Tender                                $204.26          $2.04       ($0.01)
Knuckle                   4-7 lbs.          $222.34          $5.63       ($0.09)
Tenderloin                2-3 lbs.          $445.22          $2.36         $0.06
Tenderloin                3-4 lbs.          $494.90          $3.66       ($0.03)
Ribeye Roll               4-6 lbs.          $254.99          $2.68        
Ribeye Roll               6-8 lbs.          $281.29          $2.08        
Ribeye Roll               8up lbs.          $295.00          $2.15       ($0.01)
Flank Steak                                 $268.84          $1.13        
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                 29.54  loads --            1,181,663  pounds
Cutter/Canner Cuts                  1.30  loads --               51,950  pounds
Boner/Breaker/Cutter/Canner        16.51  loads --              660,473  pounds
100% Lean Items                    21.51  loads --              860,318  pounds
Frozen Cuts                         2.37  loads --               94,749  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10   12,405   $293.94       $2.66
112   Rib, ribeye roll, 8-10 lbs.             23   65,615   $309.54     ($1.40)
112   Rib, ribeye roll, 10-up lbs.            76  178,959   $319.25     ($0.48)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      17   44,106   $430.42       $5.46
112A  Rib, ribeye roll-lip-on, 8-up lbs.      16   23,958   $456.29      $32.01
      Chuck, boneless 85%                      6   65,120   $188.45     ($0.23)
120   Chuck, brisket                          23   41,733   $188.50       $0.10
168   Round, top inside, 10-dn lbs.            4    4,653   $190.65      
168   Round, top inside, 10-up lbs.           17   53,960   $204.49       $7.41
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     36  350,394   $282.77       $2.12
169A  Round, top inside c-off, 14-up lbs.      3   25,140   $280.32      
171B  Round, outside round                     4    7,140   $247.60     ($2.02)
171C  Round, eye of round                     31   57,564   $257.13     ($0.11)
      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.            19   25,178   $219.08      $12.15
182   Loin, sirloin butt                               
184   Loin, top sirloin butt                  29  112,430   $220.52     ($5.08)
185A  Loin, bottom sirloin butt flap, bnls.   42  107,435   $271.63       $3.82
191A  Loin, butt tender, peeled                        
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              22   43,000   $281.29       $0.67
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     7  104,268   $296.55      
      Inside round - Boxed                    37  112,351   $283.66     ($4.16)
      Outside round                            7   76,841   $266.64     ($0.96)
      Eye of round                            22  109,256   $276.89     ($0.58)
      Flats and eyes - Combo                   7   76,577   $265.07     ($0.77)
      Flats and eyes - Boxed                           
      Striploin                               58  263,520   $296.09     ($2.24)
      S.P.B. - Combo                           8   90,100   $267.58       $0.06
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31  107,326   $204.26     ($0.73)
167A  Round, knuckle, peeled                  14   92,204   $222.34     ($3.56)
190   Loin, tenderloin, 2-3 lbs.              15   16,391   $445.22      $10.59
190   Loin, tenderloin, 3-4 lbs.              33   57,045   $494.90     ($3.40)
190   Loin, tenderloin, 4-5 lbs.             107  116,729   $544.60     ($4.06)
190   Loin, tenderloin, 5-up lbs.             35   77,024   $553.20      $10.38
193   Flank, flank steak                      79   91,684   $265.49     ($0.69)
      Flank, rough                            50  102,070   $218.40       $1.11
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   12,255   $270.79     ($1.03)
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.             3   22,568   $274.29      
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                       7   16,642   $287.27     ($1.30)
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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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