Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 10/25/2016

Past Market Reports

Report Date: 10/25/2016

LM_XB405
Des Moines, IA                 Tue, Oct 25, 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:               $155.80
Change from prior day:              ($0.29)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $192.88        $107.70       ($0.13)
100% lean inside round                      $286.07          $6.64         
100% lean, flats and eyes                   $265.82          $6.17         $0.02
100% lean, S.P.B.                           $264.01         $13.20         $0.02
Chuck Tender                                $198.26          $1.98         $0.01
Knuckle                   4-7 lbs.          $211.69          $5.36       ($0.16)
Tenderloin                2-3 lbs.          $416.39          $2.21       ($0.02)
Tenderloin                3-4 lbs.          $442.86          $3.28       ($0.13)
Ribeye Roll               4-6 lbs.          $253.65          $2.66         $0.04
Ribeye Roll               6-8 lbs.          $273.64          $2.03         $0.04
Ribeye Roll               8up lbs.          $275.97          $2.01         
Flank Steak                                 $251.55          $1.06         $0.02
Kidney, Edible                               $19.50          $0.09         
Fat, inedible                                $17.59          $0.41         
Bone                                          $4.15          $1.00         
--------------------------------------------------------------------------------
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                 26.14  loads --            1,045,602  pounds
Cutter/Canner Cuts                  2.73  loads --              109,359  pounds
Boner/Breaker/Cutter/Canner        15.62  loads --              624,641  pounds
100% Lean Items                    24.70  loads --              988,003  pounds
Frozen Cuts                         4.28  loads --              171,210  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   10,746   $259.78     ($1.19)
112   Rib, ribeye roll, 8-10 lbs.             43   49,609   $318.88      $13.54
112   Rib, ribeye roll, 10-up lbs.            40   89,364   $321.89       $4.37
112A  Rib, ribeye roll-lip-on, 8-dn lbs.       8   10,366   $394.95     ($2.22)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      16   58,134   $400.43     ($2.89)
      Chuck, boneless 85%                      7  147,020   $177.81       
120   Chuck, brisket                          29  105,664   $174.00       $0.08
168   Round, top inside, 10-dn lbs.            4    8,159   $186.03     ($0.26)
168   Round, top inside, 10-up lbs.            9   27,970   $221.58       $0.85
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     27  208,008   $268.49     ($0.42)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     4   35,680   $256.81       
171C  Round, eye of round                     31   82,385   $236.69     ($0.77)
      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   23,532   $172.08       $2.64
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  22   50,711   $191.21     ($3.96)
185A  Loin, bottom sirloin butt flap, bnls.   48  110,252   $252.48       $0.10
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              25   82,052   $273.64       $4.72
112   Rib, ribeye roll, 8-up lbs.              5   11,702   $275.97       
100% LEAN
      Inside round - Combo                    11  210,588   $281.88       
      Inside round - Boxed                    34  122,341   $293.28     ($0.08)
      Outside round                            4   31,641   $264.21       $1.63
      Eye of round                            22   84,805   $263.18     ($0.67)
      Flats and eyes - Combo                   8  122,555   $268.05       $0.37
      Flats and eyes - Boxed                            
      Striploin                               55  230,073   $289.67       $5.47
      S.P.B. - Combo                          11  186,000   $264.01       $0.32
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     28  100,872   $198.26       $1.63
167A  Round, knuckle, peeled                  18  102,901   $211.69     ($6.66)
190   Loin, tenderloin, 2-3 lbs.              16   17,640   $416.39     ($3.99)
190   Loin, tenderloin, 3-4 lbs.              36   44,797   $442.86    ($17.95)
190   Loin, tenderloin, 4-5 lbs.             120  142,906   $505.95     ($3.90)
190   Loin, tenderloin, 5-up lbs.             23   66,158   $482.69       $0.09
193   Flank, flank steak                      83   67,705   $249.58       $4.28
      Flank, rough                            46   81,662   $209.78     ($2.78)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              6   31,700   $297.79       $1.48
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   12,012   $266.03
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               8  102,818   $254.81       $4.05
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   20,405   $258.06       $2.59
--------------------------------------------------------------------------------
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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