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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 11/18/2016

LM_XB405
Des Moines, IA                 Fri, Nov 18, 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:               $154.04
Change from prior day:                $0.07
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $190.30        $106.26         
100% lean inside round                      $277.13          $6.43         $0.03
100% lean, flats and eyes                   $260.20          $6.04       ($0.01)
100% lean, S.P.B.                           $257.88         $12.89         
Chuck Tender                                $196.74          $1.97         
Knuckle                   4-7 lbs.          $222.17          $5.62         
Tenderloin                2-3 lbs.          $390.84          $2.07         $0.09
Tenderloin                3-4 lbs.          $478.85          $3.54       ($0.01)
Ribeye Roll               4-6 lbs.          $260.00          $2.73         
Ribeye Roll               6-8 lbs.          $265.57          $1.97         
Ribeye Roll               8up lbs.          $275.48          $2.01         
Flank Steak                                 $233.38          $0.98       ($0.03)
Kidney, Edible                               $19.00          $0.09         
Fat, inedible                                $20.27          $0.47         
Bone                                          $4.05          $0.97         
--------------------------------------------------------------------------------
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                 33.99  loads --            1,359,610  pounds
Cutter/Canner Cuts                  1.34  loads --               53,423  pounds
Boner/Breaker/Cutter/Canner        19.13  loads --              765,006  pounds
100% Lean Items                    21.39  loads --              855,443  pounds
Frozen Cuts                         1.41  loads --               56,399  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   11,302   $268.94       $0.85
112   Rib, ribeye roll, 8-10 lbs.             21   66,391   $295.08     ($0.07)
112   Rib, ribeye roll, 10-up lbs.            83  143,879   $308.81     ($0.72)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   66,141   $305.63    ($33.92)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      19   97,209   $380.65     ($9.54)
      Chuck, boneless 85%                      7   68,720   $185.93     ($2.29)
120   Chuck, brisket                          26  126,366   $179.28       $0.81
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           13   38,018   $194.36       $1.08
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     35  301,174   $255.60     ($0.43)
169A  Round, top inside c-off, 14-up lbs.      5   75,694   $259.85       
171B  Round, outside round                     3   35,620   $256.36     ($0.01)
171C  Round, eye of round                     46   61,247   $249.89       $0.90
      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   40,449   $177.15    ($14.41)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  19  113,305   $170.86       $0.32
185A  Loin, bottom sirloin butt flap, bnls.   49  113,031   $254.91      $10.53
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              27   45,308   $265.57     ($0.71)
112   Rib, ribeye roll, 8-up lbs.              3    8,115   $275.48       
100% LEAN
      Inside round - Combo                     5   69,117   $279.58     ($0.54)
      Inside round - Boxed                    31   77,613   $274.94       $2.67
      Outside round                            4   43,776   $259.01     ($0.35)
      Eye of round                            22   91,871   $256.88     ($0.31)
      Flats and eyes - Combo                   7  112,025   $263.39       
      Flats and eyes - Boxed                            
      Striploin                               59  291,618   $282.84     ($0.15)
      S.P.B. - Combo                           9  136,303   $263.43       
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     40  124,759   $196.74     ($0.28)
167A  Round, knuckle, peeled                  17   52,475   $222.17     ($0.03)
190   Loin, tenderloin, 2-3 lbs.              16   29,231   $390.84      $17.16
190   Loin, tenderloin, 3-4 lbs.              37   54,741   $478.85     ($1.32)
190   Loin, tenderloin, 4-5 lbs.             131  216,318   $502.99       $4.06
190   Loin, tenderloin, 5-up lbs.             23   33,103   $494.18     ($6.00)
193   Flank, flank steak                      91  112,445   $232.84     ($6.78)
      Flank, rough                            67  141,934   $208.84       $0.09
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              7   38,069   $283.34       $0.12
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    5,243   $456.42       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       6    9,752   $239.58     ($0.24)
--------------------------------------------------------------------------------
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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