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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 12/29/2016

LM_XB405
Des Moines, IA                 Thu, Dec 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:               $155.11
Change from prior day:              ($1.64)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $194.07        $108.37       ($1.63)
100% lean inside round                      $272.32          $6.32        
100% lean, flats and eyes                   $256.64          $5.95       ($0.01)
100% lean, S.P.B.                           $251.39         $12.57         $0.01
Chuck Tender                                $206.05          $2.06         $0.04
Knuckle                   4-7 lbs.          $219.37          $5.55       ($0.01)
Tenderloin                2-3 lbs.          $372.60          $1.97       ($0.02)
Tenderloin                3-4 lbs.          $475.19          $3.52       ($0.01)
Ribeye Roll               4-6 lbs.          $233.97          $2.46         $0.02
Ribeye Roll               6-8 lbs.          $247.63          $1.83       ($0.01)
Ribeye Roll               8up lbs.          $266.35          $1.94       ($0.01)
Flank Steak                                 $234.97          $0.99       ($0.01)
Kidney, Edible                               $20.00          $0.09        
Fat, inedible                                $20.27          $0.47        
Bone                                          $4.24          $1.02        
--------------------------------------------------------------------------------
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                 19.18  loads --              767,290  pounds
Cutter/Canner Cuts                  2.13  loads --               85,103  pounds
Boner/Breaker/Cutter/Canner        15.26  loads --              610,269  pounds
100% Lean Items                    14.86  loads --              594,261  pounds
Frozen Cuts                         2.95  loads --              117,857  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    6,256   $270.92     ($0.29)
112   Rib, ribeye roll, 8-10 lbs.             30   36,591   $285.92     ($0.30)
112   Rib, ribeye roll, 10-up lbs.            60  134,823   $274.71    ($18.10)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      19   35,329   $334.35     ($1.43)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      10    3,948   $382.66      $29.40
      Chuck, boneless 85%                      7  101,715   $180.82      
120   Chuck, brisket                          16   52,467   $213.55     ($0.59)
168   Round, top inside, 10-dn lbs.            3    2,515   $206.22       $2.91
168   Round, top inside, 10-up lbs.            9   17,368   $231.30      $21.61
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     22  154,352   $259.11     ($1.64)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     4   36,160   $249.00      $11.38
171C  Round, eye of round                     29   46,430   $249.98     ($0.04)
      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.            11   26,580   $188.66     ($5.45)
182   Loin, sirloin butt                               
184   Loin, top sirloin butt                  17   33,755   $188.93       $2.81
185A  Loin, bottom sirloin butt flap, bnls.   36   67,878   $244.81     ($0.21)
191A  Loin, butt tender, peeled                        
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               5    3,425   $233.87       $4.29
112   Rib, ribeye roll, 6-8 lbs.              25   63,706   $247.63     ($0.39)
112   Rib, ribeye roll, 8-up lbs.              6   17,972   $266.35     ($0.11)
100% LEAN
      Inside round - Combo                     4   29,750   $266.67     ($0.76)
      Inside round - Boxed                    28   51,436   $275.59       $1.12
      Outside round                            3   39,167   $257.62      
      Eye of round                            11   37,079   $253.02     ($1.09)
      Flats and eyes - Combo                   6  108,000   $257.53     ($0.06)
      Flats and eyes - Boxed                           
      Striploin                               47  134,959   $277.75       $2.85
      S.P.B. - Combo                          10  159,220   $254.96     ($0.63)
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     28  110,554   $206.05       $3.68
167A  Round, knuckle, peeled                  17   75,925   $219.37     ($0.23)
190   Loin, tenderloin, 2-3 lbs.               9   17,828   $372.60     ($2.66)
190   Loin, tenderloin, 3-4 lbs.              22   35,225   $477.62     ($2.17)
190   Loin, tenderloin, 4-5 lbs.             115  139,784   $494.59     ($3.14)
190   Loin, tenderloin, 5-up lbs.             16   26,686   $490.41     ($3.02)
193   Flank, flank steak                      69   70,434   $233.00     ($2.50)
      Flank, rough                            60  133,833   $198.90       $0.05
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                       
112   Rib, ribeye roll, 8-10 lbs.              6   59,245   $314.64       $0.36
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    7,020   $271.70       $0.28
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   16,589   $243.32     ($0.39)
--------------------------------------------------------------------------------
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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