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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 11/14/2016

LM_XB405
Des Moines, IA                 Mon, Nov 14, 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:               $156.28
Change from prior day:              ($1.77)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $194.22        $108.45       ($1.83)
100% lean inside round                      $289.01          $6.71       ($0.01)
100% lean, flats and eyes                   $263.41          $6.11       ($0.01)
100% lean, S.P.B.                           $258.37         $12.92         $0.06
Chuck Tender                                $200.09          $2.00         $0.01
Knuckle                   4-7 lbs.          $219.39          $5.55         $0.04
Tenderloin                2-3 lbs.          $365.46          $1.94         $0.01
Tenderloin                3-4 lbs.          $481.91          $3.57       ($0.01)
Ribeye Roll               4-6 lbs.          $243.11          $2.55         
Ribeye Roll               6-8 lbs.          $264.89          $1.96         
Ribeye Roll               8up lbs.          $275.40          $2.01         
Flank Steak                                 $234.42          $0.98         
Kidney, Edible                               $19.00          $0.09         
Fat, inedible                                $20.27          $0.47         $0.04
Bone                                          $4.05          $0.97       ($0.07)
--------------------------------------------------------------------------------
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                 30.15  loads --            1,205,977  pounds
Cutter/Canner Cuts                  1.78  loads --               71,141  pounds
Boner/Breaker/Cutter/Canner        16.86  loads --              674,535  pounds
100% Lean Items                    23.25  loads --              929,814  pounds
Frozen Cuts                         1.96  loads --               78,397  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             25   33,206   $294.38     ($3.50)
112   Rib, ribeye roll, 10-up lbs.            77  186,364   $309.96     ($2.02)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      21   96,225   $306.91       $0.08
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   42,024   $383.63     ($4.15)
      Chuck, boneless 85%                      5   63,020   $188.22       $6.30
120   Chuck, brisket                          23   41,748   $184.41       $0.11
168   Round, top inside, 10-dn lbs.            3   18,984   $197.69       
168   Round, top inside, 10-up lbs.           14   45,776   $200.16       $4.42
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     18  152,787   $264.65       $6.65
169A  Round, top inside c-off, 14-up lbs.      4   74,911   $262.10       
171B  Round, outside round                     7   47,500   $256.60       $0.22
171C  Round, eye of round                     37   89,211   $249.02     ($0.98)
      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.            14   28,768   $218.47     ($1.34)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  25  133,868   $174.74     ($5.80)
185A  Loin, bottom sirloin butt flap, bnls.   46  147,179   $233.32       $5.74
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              33   61,339   $264.89     ($0.29)
112   Rib, ribeye roll, 8-up lbs.              4    8,241   $275.40       $0.45
100% LEAN
      Inside round - Combo                     8   88,448   $287.32       
      Inside round - Boxed                    34   61,613   $291.44     ($1.30)
      Outside round                            7   63,104   $260.88       $1.17
      Eye of round                            11   46,222   $261.43     ($0.65)
      Flats and eyes - Combo                  11  160,451   $264.97     ($0.15)
      Flats and eyes - Boxed                            
      Striploin                               63  273,076   $285.01     ($0.37)
      S.P.B. - Combo                          11  177,500   $265.31     ($0.02)
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     26   57,667   $200.09       $0.82
167A  Round, knuckle, peeled                  14   34,956   $219.39       $1.42
190   Loin, tenderloin, 2-3 lbs.              14   31,646   $365.46       $1.55
190   Loin, tenderloin, 3-4 lbs.              44   67,682   $481.91     ($2.14)
190   Loin, tenderloin, 4-5 lbs.             140  202,977   $497.37       $2.53
190   Loin, tenderloin, 5-up lbs.             26   53,021   $521.43     ($0.24)
193   Flank, flank steak                      88   84,206   $235.66       $0.17
      Flank, rough                            46  142,380   $195.40       $0.44
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    7,695   $288.07       
112   Rib, ribeye roll, 8-10 lbs.              9   22,165   $286.60     ($1.01)
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.             5    6,292   $281.10       
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                       7   18,974   $228.89     ($0.77)
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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
1530C

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