Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 10/19/2016

Past Market Reports

Report Date: 10/19/2016

LM_XB405
Des Moines, IA                 Wed, Oct 19, 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:               $155.63
Change from prior day:              ($0.60)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $191.65        $107.02       ($0.66)
100% lean inside round                      $291.13          $6.75       ($0.08)
100% lean, flats and eyes                   $265.10          $6.15         
100% lean, S.P.B.                           $265.93         $13.30       ($0.04)
Chuck Tender                                $199.12          $1.99       ($0.01)
Knuckle                   4-7 lbs.          $212.62          $5.38         
Tenderloin                2-3 lbs.          $412.75          $2.19         $0.02
Tenderloin                3-4 lbs.          $456.91          $3.38         $0.09
Ribeye Roll               4-6 lbs.          $262.27          $2.75         $0.08
Ribeye Roll               6-8 lbs.          $265.99          $1.97       ($0.01)
Ribeye Roll               8up lbs.          $281.32          $2.05         
Flank Steak                                 $268.39          $1.13         $0.01
Kidney, Edible                               $22.17          $0.10         
Fat, inedible                                $16.92          $0.39         
Bone                                          $4.52          $1.08         
--------------------------------------------------------------------------------
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                 36.23  loads --            1,449,121  pounds
Cutter/Canner Cuts                  1.68  loads --               67,325  pounds
Boner/Breaker/Cutter/Canner        16.01  loads --              640,528  pounds
100% Lean Items                    23.55  loads --              941,835  pounds
Frozen Cuts                        10.64  loads --              425,727  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6   10,337   $245.56     ($2.63)
112   Rib, ribeye roll, 8-10 lbs.             33   73,114   $304.04       $1.33
112   Rib, ribeye roll, 10-up lbs.            85  211,489   $309.62       $1.02
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      14   15,612   $416.79     ($1.52)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      19   62,406   $394.80     ($7.46)
      Chuck, boneless 85%                     13  303,200   $169.47       
120   Chuck, brisket                          22  129,743   $173.46     ($1.49)
168   Round, top inside, 10-dn lbs.           10   23,934   $196.74     ($0.88)
168   Round, top inside, 10-up lbs.            9   18,174   $181.70    ($35.65)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     30  292,985   $269.16     ($2.96)
169A  Round, top inside c-off, 14-up lbs.      3   37,476   $272.10       $0.03
171B  Round, outside round                     3    5,920   $259.05       $0.77
171C  Round, eye of round                     36   67,292   $222.03    ($15.24)
      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.             9   12,147   $214.65     ($3.70)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  18   65,470   $200.68       $5.93
185A  Loin, bottom sirloin butt flap, bnls.   48   98,816   $240.55      $13.92
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              24   58,164   $265.99     ($1.15)
112   Rib, ribeye roll, 8-up lbs.              4    6,073   $281.32       
100% LEAN
      Inside round - Combo                     9  115,178   $287.78     ($2.15)
      Inside round - Boxed                    37   91,160   $295.36     ($1.41)
      Outside round                            5   63,206   $261.32     ($0.95)
      Eye of round                            14   55,407   $260.24       $0.31
      Flats and eyes - Combo                   7  105,947   $269.90     ($0.42)
      Flats and eyes - Boxed                            
      Striploin                               60  314,937   $283.79       $1.34
      S.P.B. - Combo                          13  196,000   $265.93     ($0.96)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     28   82,305   $199.12     ($0.71)
167A  Round, knuckle, peeled                  15   87,654   $212.62       $0.12
190   Loin, tenderloin, 2-3 lbs.              15   17,521   $412.75       $2.40
190   Loin, tenderloin, 3-4 lbs.              38   41,884   $456.91      $12.64
190   Loin, tenderloin, 4-5 lbs.             116  171,844   $520.43       $0.76
190   Loin, tenderloin, 5-up lbs.             20   30,547   $470.90     ($5.13)
193   Flank, flank steak                      88  116,751   $271.02       $3.54
      Flank, rough                            52   92,022   $211.98     ($0.29)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   10,545   $288.73       $2.91
112   Rib, ribeye roll, 8-10 lbs.             14  390,240   $302.92       
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.                      
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.               3    4,282   $459.27       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       6   18,020   $251.31       $0.20
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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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