Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 11/22/2016

Past Market Reports

Report Date: 11/22/2016

LM_XB405
Des Moines, IA                 Tue, Nov 22, 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:               $154.60
Change from prior day:              ($1.43)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $191.16        $106.74       ($1.53)
100% lean inside round                      $274.67          $6.37       ($0.09)
100% lean, flats and eyes                   $261.86          $6.08         $0.04
100% lean, S.P.B.                           $261.76         $13.09         $0.20
Chuck Tender                                $194.44          $1.94       ($0.02)
Knuckle                   4-7 lbs.          $220.89          $5.59       ($0.02)
Tenderloin                2-3 lbs.          $386.28          $2.05         $0.01
Tenderloin                3-4 lbs.          $475.79          $3.52       ($0.02)
Ribeye Roll               4-6 lbs.          $260.00          $2.73         
Ribeye Roll               6-8 lbs.          $263.00          $1.95         
Ribeye Roll               8up lbs.          $275.06          $2.01         
Flank Steak                                 $233.89          $0.98         
Kidney, Edible                               $19.00          $0.09         
Fat, inedible                                $20.27          $0.47         
Bone                                          $4.12          $0.99         
--------------------------------------------------------------------------------
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                 35.72  loads --            1,428,937  pounds
Cutter/Canner Cuts                  1.98  loads --               79,359  pounds
Boner/Breaker/Cutter/Canner        20.95  loads --              838,033  pounds
100% Lean Items                    24.66  loads --              986,372  pounds
Frozen Cuts                         1.26  loads --               50,280  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   12,002   $269.27       $0.63
112   Rib, ribeye roll, 8-10 lbs.             24  107,568   $295.32     ($0.31)
112   Rib, ribeye roll, 10-up lbs.            76  125,142   $307.11     ($4.78)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      25  101,812   $300.64     ($4.74)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      24  124,946   $378.80       $0.82
      Chuck, boneless 85%                      6   56,115   $177.00       
120   Chuck, brisket                          24  141,375   $180.71       $0.80
168   Round, top inside, 10-dn lbs.            6   12,680   $183.32
168   Round, top inside, 10-up lbs.           15   45,182   $194.19     ($5.19)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     31  283,192   $252.48     ($0.81)
169A  Round, top inside c-off, 14-up lbs.      6   75,278   $259.02     ($0.83)
171B  Round, outside round                     3   34,720   $256.13       
171C  Round, eye of round                     42   67,432   $248.49       $0.07
      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.            13   46,207   $181.75       $6.63
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  16   75,280   $182.45       $5.53
185A  Loin, bottom sirloin butt flap, bnls.   48  107,232   $237.79     ($8.04)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              30   73,944   $263.00     ($0.17)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     7   71,587   $276.77     ($3.24)
      Inside round - Boxed                    34   71,734   $272.59     ($4.30)
      Outside round                            4   41,799   $258.53       $2.21
      Eye of round                            26  105,483   $260.62       $3.79
      Flats and eyes - Combo                  10  112,286   $264.26     ($0.05)
      Flats and eyes - Boxed                            
      Striploin                               68  370,404   $280.51     ($0.79)
      S.P.B. - Combo                          14  213,079   $261.76       $0.16
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     42  127,544   $194.44     ($1.48)
167A  Round, knuckle, peeled                  14   45,270   $220.89     ($0.82)
190   Loin, tenderloin, 2-3 lbs.              18   34,188   $386.28       $2.10
190   Loin, tenderloin, 3-4 lbs.              37   59,717   $475.79     ($2.51)
190   Loin, tenderloin, 4-5 lbs.             128  187,734   $512.81       $7.29
190   Loin, tenderloin, 5-up lbs.             25   45,803   $500.19       $1.42
193   Flank, flank steak                     106  155,980   $233.74       $0.42
      Flank, rough                            66  181,797   $197.07       $0.62
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              6   37,539   $284.56       $1.33
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.
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       4    6,678   $237.44       $1.03
--------------------------------------------------------------------------------
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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