Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 2/15/2017

Past Market Reports

Report Date: 2/15/2017

LM_XB405
Des Moines, IA                 Wed, Feb 15, 2017                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:               $164.04
Change from prior day:              ($0.39)
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Item                                          Price          Value        Change
90% lean                                    $208.75        $116.57       ($0.29)
100% lean inside round                      $275.62          $6.39       ($0.02)
100% lean, flats and eyes                   $258.78          $6.00       ($0.03)
100% lean, S.P.B.                           $252.12         $12.61       ($0.08)
Chuck Tender                                $222.85          $2.23         
Knuckle                   4-7 lbs.          $233.47          $5.91         $0.05
Tenderloin                2-3 lbs.          $374.66          $1.99       ($0.01)
Tenderloin                3-4 lbs.          $431.81          $3.20         $0.01
Ribeye Roll               4-6 lbs.          $236.00          $2.48         
Ribeye Roll               6-8 lbs.          $257.47          $1.91       ($0.02)
Ribeye Roll               8up lbs.          $266.17          $1.94         $0.01
Flank Steak                                 $252.74          $1.06       ($0.01)
Kidney, Edible                               $16.56          $0.08         
Fat, inedible                                $19.60          $0.45         
Bone                                          $5.10          $1.22         
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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                 32.04  loads --            1,281,666  pounds
Cutter/Canner Cuts                  1.74  loads --               69,685  pounds
Boner/Breaker/Cutter/Canner        22.27  loads --              890,703  pounds
100% Lean Items                    19.16  loads --              766,478  pounds
Frozen Cuts                         3.46  loads --              138,287  pounds
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IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10   25,462   $258.41     ($0.24)
112   Rib, ribeye roll, 8-10 lbs.             22   70,066   $249.36     ($1.42)
112   Rib, ribeye roll, 10-up lbs.            69  202,644   $264.79       $1.31
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   18,050   $317.47     ($3.28)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      18   23,215   $339.35       $7.43
      Chuck, boneless 85%                      8   94,528   $194.13       
120   Chuck, brisket                          11   48,567   $179.41       $7.37
168   Round, top inside, 10-dn lbs.            4   19,868   $190.27       $1.04
168   Round, top inside, 10-up lbs.           16   64,114   $202.08     ($5.41)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     24  233,658   $258.41       $0.78
169A  Round, top inside c-off, 14-up lbs.      7   31,281   $257.52       $3.18
171B  Round, outside round                     5   37,500   $253.60       
171C  Round, eye of round                     27   55,227   $245.61     ($1.42)
      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.            17   48,049   $204.21       $0.31
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  24  139,948   $185.92     ($0.46)
185A  Loin, bottom sirloin butt flap, bnls.   47  164,143   $257.53      $18.04
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              24   56,010   $257.47     ($2.82)
112   Rib, ribeye roll, 8-up lbs.              4   13,675   $266.17
100% LEAN
      Inside round - Combo                     5   43,521   $271.68     ($1.08)
      Inside round - Boxed                    28  106,169   $277.24     ($1.35)
      Outside round                            6   50,809   $257.11       
      Eye of round                            17   80,681   $262.11     ($0.31)
      Flats and eyes - Combo                   8  122,128   $257.28     ($1.41)
      Flats and eyes - Boxed                            
      Striploin                               62  197,170   $281.21       $0.34
      S.P.B. - Combo                           9  166,000   $252.12     ($1.77)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     38  164,265   $222.85       $0.23
167A  Round, knuckle, peeled                  15   61,433   $233.47       $1.94
190   Loin, tenderloin, 2-3 lbs.              10   10,659   $374.66     ($1.78)
190   Loin, tenderloin, 3-4 lbs.              43   89,470   $431.81       $0.59
190   Loin, tenderloin, 4-5 lbs.             150  280,965   $445.97    ($10.34)
190   Loin, tenderloin, 5-up lbs.             23   83,861   $454.44    ($16.18)
193   Flank, flank steak                      87  102,485   $257.67     ($1.65)
      Flank, rough                            52   97,565   $222.84     ($2.94)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    7,980   $278.00
112   Rib, ribeye roll, 8-10 lbs.              5   16,966   $258.33
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.             6   14,456   $256.08
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.               5   64,413   $466.16     ($0.11)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      10   26,818   $233.92       $2.57
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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
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