Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 11/8/2016

Past Market Reports

Report Date: 11/8/2016

LM_XB405
Des Moines, IA                 Tue, Nov 08, 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:               $157.20
Change from prior day:                $0.86
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $195.81        $109.34         $1.02
100% lean inside round                      $285.79          $6.63       ($0.01)
100% lean, flats and eyes                   $265.05          $6.15       ($0.05)
100% lean, S.P.B.                           $261.55         $13.08       ($0.16)
Chuck Tender                                $197.42          $1.97         $0.03
Knuckle                   4-7 lbs.          $215.79          $5.46       ($0.01)
Tenderloin                2-3 lbs.          $385.04          $2.04       ($0.01)
Tenderloin                3-4 lbs.          $459.96          $3.40         $0.06
Ribeye Roll               4-6 lbs.          $246.02          $2.58         
Ribeye Roll               6-8 lbs.          $264.38          $1.96         $0.01
Ribeye Roll               8up lbs.          $275.30          $2.01       ($0.01)
Flank Steak                                 $241.87          $1.02       ($0.01)
Kidney, Edible                               $19.25          $0.09         
Fat, inedible                                $18.59          $0.43         
Bone                                          $4.33          $1.04         
--------------------------------------------------------------------------------
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                 34.27  loads --            1,370,943  pounds
Cutter/Canner Cuts                  1.81  loads --               72,201  pounds
Boner/Breaker/Cutter/Canner        20.55  loads --              821,912  pounds
100% Lean Items                    25.97  loads --            1,038,971  pounds
Frozen Cuts                         4.32  loads --              172,696  pounds
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IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    9,440   $265.92     ($0.90)
112   Rib, ribeye roll, 8-10 lbs.             32   63,482   $302.39      $12.43
112   Rib, ribeye roll, 10-up lbs.            70  102,518   $312.57    ($10.41)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18  110,110   $311.79    ($54.19)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      18   34,059   $392.90     ($7.09)
      Chuck, boneless 85%                      7  109,225   $181.92       
120   Chuck, brisket                          32  101,904   $184.32       $1.07
168   Round, top inside, 10-dn lbs.            4    4,571   $196.01     ($0.46)
168   Round, top inside, 10-up lbs.           13   49,991   $210.56       $0.84
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     21  136,464   $257.13     ($6.42)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     4   38,040   $255.97       
171C  Round, eye of round                     31   63,137   $252.41       $4.38
      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.            16   65,139   $198.71       $5.33
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  31  279,102   $181.71       $0.70
185A  Loin, bottom sirloin butt flap, bnls.   53  136,512   $223.78       $3.33
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              33   56,143   $264.38       $0.41
112   Rib, ribeye roll, 8-up lbs.              4    9,192   $275.30     ($0.83)
100% LEAN
      Inside round - Combo                     6   56,493   $285.42       $0.36
      Inside round - Boxed                    42  129,362   $285.95     ($0.59)
      Outside round                            5   49,516   $259.63     ($7.53)
      Eye of round                            22  100,546   $268.88     ($3.98)
      Flats and eyes - Combo                  10  180,000   $264.41       $0.54
      Flats and eyes - Boxed                            
      Striploin                               63  235,964   $287.99       $1.41
      S.P.B. - Combo                          16  255,590   $264.82       $0.01
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     29   80,457   $197.42       $3.23
167A  Round, knuckle, peeled                  16   76,634   $215.79     ($0.30)
190   Loin, tenderloin, 2-3 lbs.              16   14,492   $385.04     ($2.48)
190   Loin, tenderloin, 3-4 lbs.              47   97,185   $459.96       $8.01
190   Loin, tenderloin, 4-5 lbs.             133  230,609   $492.91     ($6.82)
190   Loin, tenderloin, 5-up lbs.             37   69,498   $512.98       $3.33
193   Flank, flank steak                      84   94,908   $246.88     ($1.39)
      Flank, rough                            55  158,129   $194.36    ($10.23)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              9   82,965   $286.43       $0.13
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.       4   15,407   $333.26
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    2,444   $283.00
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.               4   14,336   $436.95     ($4.45)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       7   27,984   $224.85    ($13.16)
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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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