Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

1. Cattle.com
2. Market Reports
3. Iowa
4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 10/11/2016

Past Market Reports

Report Date: 10/11/2016

LM_XB405
Des Moines, IA                 Tue, Oct 11, 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:               $157.79
Change from prior day:              ($0.08)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $196.35        $109.64         
100% lean inside round                      $287.37          $6.67         $0.08
100% lean, flats and eyes                   $267.70          $6.21       ($0.02)
100% lean, S.P.B.                           $258.52         $12.93         $0.12
Chuck Tender                                $203.87          $2.04         $0.01
Knuckle                   4-7 lbs.          $215.09          $5.44       ($0.05)
Tenderloin                2-3 lbs.          $413.19          $2.19       ($0.03)
Tenderloin                3-4 lbs.          $457.30          $3.38       ($0.07)
Ribeye Roll               4-6 lbs.          $246.02          $2.58       ($0.09)
Ribeye Roll               6-8 lbs.          $270.09          $2.00       ($0.01)
Ribeye Roll               8up lbs.          $285.00          $2.08         
Flank Steak                                 $257.62          $1.08       ($0.02)
Kidney, Edible                               $20.40          $0.09         
Fat, inedible                                $16.92          $0.39         
Bone                                          $4.46          $1.07         
--------------------------------------------------------------------------------
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                 38.06  loads --            1,522,464  pounds
Cutter/Canner Cuts                  1.30  loads --               52,001  pounds
Boner/Breaker/Cutter/Canner        21.03  loads --              841,181  pounds
100% Lean Items                    24.92  loads --              996,769  pounds
Frozen Cuts                         1.47  loads --               58,807  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   27,698   $277.90       $4.90
112   Rib, ribeye roll, 8-10 lbs.             52   73,582   $316.08      $10.85
112   Rib, ribeye roll, 10-up lbs.            78  230,617   $304.83       $0.07
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      10   18,408   $412.41    ($27.08)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      21   51,541   $413.21     ($6.47)
      Chuck, boneless 85%                      6   67,221   $178.88     ($1.26)
120   Chuck, brisket                          17   68,808   $178.53     ($2.82)
168   Round, top inside, 10-dn lbs.            3    1,783   $191.62     ($2.16)
168   Round, top inside, 10-up lbs.           12   36,413   $214.83     ($4.07)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     33  405,814   $271.71     ($0.16)
169A  Round, top inside c-off, 14-up lbs.      3   11,965   $272.29     ($4.02)
171B  Round, outside round                     4    7,500   $256.72       
171C  Round, eye of round                     34   41,803   $239.18     ($1.80)
      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.            15   38,044   $203.53      $34.51
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  25  177,352   $186.42     ($1.07)
185A  Loin, bottom sirloin butt flap, bnls.   51  253,849   $229.36      $19.06
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              24   49,236   $270.09     ($1.60)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     6   95,470   $283.01       $5.19
      Inside round - Boxed                    34   67,222   $293.55       $0.18
      Outside round                            3   30,628   $263.55     ($3.60)
      Eye of round                            13   35,196   $269.04     ($1.23)
      Flats and eyes - Combo                  11  137,349   $268.29     ($0.02)
      Flats and eyes - Boxed                            
      Striploin                               72  352,414   $286.15       $3.49
      S.P.B. - Combo                          10  186,000   $267.68       $0.28
      S.P.B. - Boxed                           4   92,490   $240.09       $0.09
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     40  147,025   $203.87       $0.62
167A  Round, knuckle, peeled                  14  117,752   $215.09     ($1.78)
190   Loin, tenderloin, 2-3 lbs.              14   43,341   $413.19     ($5.57)
190   Loin, tenderloin, 3-4 lbs.              41   86,829   $457.30     ($8.49)
190   Loin, tenderloin, 4-5 lbs.             120  154,318   $519.25     ($1.13)
190   Loin, tenderloin, 5-up lbs.             23   73,389   $502.33     ($3.57)
193   Flank, flank steak                      78   89,083   $255.03     ($6.48)
      Flank, rough                            55  129,444   $211.40       $3.20
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5    7,567   $279.84       $0.46
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.             4    9,620   $267.24       
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                       9   25,175   $266.81     ($0.86)
--------------------------------------------------------------------------------
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
1530C

.