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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 10/31/2016

LM_XB405
Des Moines, IA                 Mon, Oct 31, 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:               $155.70
Change from prior day:              ($0.42)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $192.66        $107.58       ($0.55)
100% lean inside round                      $284.79          $6.61         $0.07
100% lean, flats and eyes                   $266.07          $6.17       ($0.03)
100% lean, S.P.B.                           $265.56         $13.28         $0.03
Chuck Tender                                $199.03          $1.99       ($0.01)
Knuckle                   4-7 lbs.          $210.83          $5.33         $0.01
Tenderloin                2-3 lbs.          $415.05          $2.20         
Tenderloin                3-4 lbs.          $444.39          $3.29         $0.01
Ribeye Roll               4-6 lbs.          $257.13          $2.70         $0.02
Ribeye Roll               6-8 lbs.          $275.99          $2.04         $0.02
Ribeye Roll               8up lbs.          $274.40          $2.00       ($0.01)
Flank Steak                                 $235.14          $0.99         
Kidney, Edible                               $19.50          $0.09         
Fat, inedible                                $17.59          $0.41         
Bone                                          $4.24          $1.02         $0.02
--------------------------------------------------------------------------------
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                 28.28  loads --            1,131,142  pounds
Cutter/Canner Cuts                  1.80  loads --               72,166  pounds
Boner/Breaker/Cutter/Canner        19.60  loads --              783,934  pounds
100% Lean Items                    20.39  loads --              815,665  pounds
Frozen Cuts                         5.28  loads --              211,060  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   13,996   $270.23       $1.43
112   Rib, ribeye roll, 8-10 lbs.             36   31,657   $326.26       $1.32
112   Rib, ribeye roll, 10-up lbs.            46  130,698   $316.99       $0.89
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   48,280   $363.85     ($0.29)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      17   88,496   $392.24     ($7.43)
      Chuck, boneless 85%                      7  109,221   $178.55       $0.74
120   Chuck, brisket                          32   96,150   $176.30       $0.34
168   Round, top inside, 10-dn lbs.            3    3,516   $189.85       $3.43
168   Round, top inside, 10-up lbs.           12   19,926   $183.98       $0.82
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     20  162,870   $250.48      $10.27
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round
171C  Round, eye of round                     39   74,489   $239.87     ($1.15)
      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.            18   63,389   $226.28       $1.46
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  24  117,738   $183.83       $0.98
185A  Loin, bottom sirloin butt flap, bnls.   46  125,660   $242.20     ($5.85)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              26   66,262   $275.99       $2.94
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     5   52,392   $286.30       $5.88
      Inside round - Boxed                    26   52,600   $283.29     ($1.55)
      Outside round                            7  104,925   $266.90     ($2.93)
      Eye of round                            20   58,418   $264.02       $1.13
      Flats and eyes - Combo                   8  118,463   $266.34     ($1.65)
      Flats and eyes - Boxed                            
      Striploin                               56  214,867   $293.16       $2.93
      S.P.B. - Combo                          11  214,000   $265.56       $0.49
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     24   79,017   $199.03     ($0.50)
167A  Round, knuckle, peeled                  13  141,572   $210.83       $0.51
190   Loin, tenderloin, 2-3 lbs.              17   24,251   $415.05     ($0.15)
190   Loin, tenderloin, 3-4 lbs.              40   75,536   $455.53       $0.01
190   Loin, tenderloin, 4-5 lbs.             113  146,179   $509.51     ($1.64)
190   Loin, tenderloin, 5-up lbs.             18   58,416   $469.80       $1.26
193   Flank, flank steak                      87  115,860   $230.55     ($0.24)
      Flank, rough                            64  143,103   $209.10     ($0.39)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              6   52,090   $297.65       $4.19
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   26,156   $260.36       
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               7   71,754   $257.61     ($0.16)
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   33,920   $250.81     ($3.90)
--------------------------------------------------------------------------------
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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