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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 9/26/2016

LM_XB405
Des Moines, IA                 Mon, Sep 26, 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:               $162.99
Change from prior day:                $0.41
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $202.80        $113.24         $0.16
100% lean inside round                      $290.86          $6.75         $0.03
100% lean, flats and eyes                   $269.86          $6.26       ($0.01)
100% lean, S.P.B.                           $264.14         $13.21         $0.15
Chuck Tender                                $203.89          $2.04        
Knuckle                   4-7 lbs.          $225.02          $5.69         $0.06
Tenderloin                2-3 lbs.          $446.49          $2.37         $0.01
Tenderloin                3-4 lbs.          $491.65          $3.64       ($0.02)
Ribeye Roll               4-6 lbs.          $254.99          $2.68        
Ribeye Roll               6-8 lbs.          $283.52          $2.10         $0.02
Ribeye Roll               8up lbs.          $295.00          $2.15        
Flank Steak                                 $272.05          $1.14         $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                 32.04  loads --            1,281,486  pounds
Cutter/Canner Cuts                  1.49  loads --               59,453  pounds
Boner/Breaker/Cutter/Canner        17.47  loads --              698,662  pounds
100% Lean Items                    25.98  loads --            1,039,204  pounds
Frozen Cuts                         2.61  loads --              104,440  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              13   19,600   $288.12     ($5.82)
112   Rib, ribeye roll, 8-10 lbs.             31   66,494   $311.87       $2.33
112   Rib, ribeye roll, 10-up lbs.            78  152,725   $318.09     ($1.16)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      20   42,196   $430.02     ($0.40)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      16   23,280   $453.46     ($2.83)
      Chuck, boneless 85%                      8  149,120   $183.19     ($5.26)
120   Chuck, brisket                          24   59,017   $188.67       $0.17
168   Round, top inside, 10-dn lbs.            6    7,538   $192.58       $1.93
168   Round, top inside, 10-up lbs.           18   51,844   $208.72       $4.23
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     39  386,671   $283.23       $0.46
169A  Round, top inside c-off, 14-up lbs.      3   25,140   $280.32      
171B  Round, outside round                     6   12,100   $251.07       $3.47
171C  Round, eye of round                     27   40,405   $248.33     ($8.80)
      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.            20   16,722   $243.82      $24.74
182   Loin, sirloin butt                               
184   Loin, top sirloin butt                  31  118,811   $219.74     ($0.78)
185A  Loin, bottom sirloin butt flap, bnls.   40  103,950   $271.10     ($0.53)
191A  Loin, butt tender, peeled                        
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              26   50,503   $283.52       $2.23
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     8  113,018   $296.56       $0.01
      Inside round - Boxed                    37  104,115   $284.66       $1.00
      Outside round                            9   94,042   $267.26       $0.62
      Eye of round                            21  104,453   $278.14       $1.25
      Flats and eyes - Combo                  11  129,285   $265.07      
      Flats and eyes - Boxed                           
      Striploin                               65  266,786   $296.57       $0.48
      S.P.B. - Combo                          13  200,100   $267.45     ($0.13)
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     28   94,206   $203.89     ($0.37)
167A  Round, knuckle, peeled                  12   98,611   $225.02       $2.68
190   Loin, tenderloin, 2-3 lbs.              17   22,143   $446.49       $1.27
190   Loin, tenderloin, 3-4 lbs.              31   39,479   $491.65     ($3.25)
190   Loin, tenderloin, 4-5 lbs.             123  149,456   $532.67    ($11.93)
190   Loin, tenderloin, 5-up lbs.             37   76,003   $552.29     ($0.91)
193   Flank, flank steak                      79   86,035   $268.33       $2.84
      Flank, rough                            56  132,729   $217.44     ($0.96)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   12,255   $270.79      
112   Rib, ribeye roll, 8-10 lbs.              3   12,000   $266.70
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                       8   18,497   $289.35       $2.08
--------------------------------------------------------------------------------
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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