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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 11/29/2016

LM_XB405
Des Moines, IA                 Tue, Nov 29, 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:               $153.36
Change from prior day:              ($2.38)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $189.56        $105.85       ($2.30)
100% lean inside round                      $282.66          $6.56         $0.09
100% lean, flats and eyes                   $265.22          $6.15         $0.05
100% lean, S.P.B.                           $256.74         $12.84       ($0.20)
Chuck Tender                                $192.02          $1.92       ($0.01)
Knuckle                   4-7 lbs.          $217.27          $5.50         
Tenderloin                2-3 lbs.          $361.63          $1.92       ($0.13)
Tenderloin                3-4 lbs.          $493.85          $3.65         $0.15
Ribeye Roll               4-6 lbs.          $242.00          $2.54       ($0.02)
Ribeye Roll               6-8 lbs.          $262.10          $1.94         
Ribeye Roll               8up lbs.          $275.67          $2.01         
Flank Steak                                 $233.61          $0.98       ($0.01)
Kidney, Edible                               $19.67          $0.09         
Fat, inedible                                $20.27          $0.47         
Bone                                          $3.90          $0.94         
--------------------------------------------------------------------------------
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                 30.29  loads --            1,211,701  pounds
Cutter/Canner Cuts                  2.04  loads --               81,490  pounds
Boner/Breaker/Cutter/Canner        13.29  loads --              531,642  pounds
100% Lean Items                    14.88  loads --              595,004  pounds
Frozen Cuts                         1.59  loads --               63,594  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.             19   44,078   $292.30     ($1.31)
112   Rib, ribeye roll, 10-up lbs.            64  111,613   $302.11       $5.09
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      24   78,274   $304.83     ($0.15)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       7   17,544   $385.24     ($0.10)
      Chuck, boneless 85%                     12  309,720   $170.22       
120   Chuck, brisket                          16   40,270   $185.17     ($6.13)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           19   40,577   $205.94       $3.86
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     23  192,550   $261.17       $1.54
169A  Round, top inside c-off, 14-up lbs.      4   38,540   $254.65       $0.34
171B  Round, outside round                     5   40,160   $256.50       $0.10
171C  Round, eye of round                     35   65,703   $240.45    ($12.30)
      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   29,675   $183.33    ($22.53)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  11   52,134   $180.31       $0.88
185A  Loin, bottom sirloin butt flap, bnls.   48  149,639   $264.10       $9.17
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4   28,838   $241.77       
112   Rib, ribeye roll, 6-8 lbs.              23   47,182   $262.10       $0.40
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                              
      Inside round - Boxed                    20   19,792   $282.66       $3.75
      Outside round                            3   28,291   $264.63       $4.42
      Eye of round                            13   61,712   $268.96       $3.55
      Flats and eyes - Combo                   8  110,478   $263.28       $0.05
      Flats and eyes - Boxed                            
      Striploin                               49  175,051   $279.17     ($0.06)
      S.P.B. - Combo                           8  162,000   $260.63     ($0.18)
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     16   82,030   $192.02     ($0.76)
167A  Round, knuckle, peeled                  12   70,808   $217.27     ($0.16)
190   Loin, tenderloin, 2-3 lbs.               8    5,565   $361.63    ($24.68)
190   Loin, tenderloin, 3-4 lbs.              32   52,317   $493.85      $21.10
190   Loin, tenderloin, 4-5 lbs.              98  132,651   $498.84     ($2.20)
190   Loin, tenderloin, 5-up lbs.             22   36,034   $504.54      $14.22
193   Flank, flank steak                      67   66,355   $241.32       $0.22
      Flank, rough                            41   85,882   $206.53     ($2.92)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              3    4,469   $303.60       $0.21
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.             7   13,312   $219.84    ($12.49)
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                       8   25,122   $213.23       $2.44
--------------------------------------------------------------------------------
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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