Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 2/22/2017

Past Market Reports

Report Date: 2/22/2017

LM_XB405
Des Moines, IA                 Wed, Feb 22, 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:               $165.05
Change from prior day:              ($0.47)
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Item                                          Price          Value        Change
90% lean                                    $209.85        $117.18       ($0.64)
100% lean inside round                      $276.47          $6.41        
100% lean, flats and eyes                   $258.26          $5.99         $0.01
100% lean, S.P.B.                           $253.40         $12.67         $0.06
Chuck Tender                                $227.33          $2.27        
Knuckle                   4-7 lbs.          $233.67          $5.91        
Tenderloin                2-3 lbs.          $373.60          $1.98        
Tenderloin                3-4 lbs.          $437.82          $3.24         $0.04
Ribeye Roll               4-6 lbs.          $253.86          $2.67         $0.06
Ribeye Roll               6-8 lbs.          $258.76          $1.91       ($0.01)
Ribeye Roll               8up lbs.          $265.17          $1.94        
Flank Steak                                 $260.38          $1.09         $0.01
Kidney, Edible                               $18.38          $0.08        
Fat, inedible                                $19.60          $0.45        
Bone                                          $5.26          $1.26        
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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                 35.30  loads --            1,412,153  pounds
Cutter/Canner Cuts                  1.69  loads --               67,655  pounds
Boner/Breaker/Cutter/Canner        14.40  loads --              575,877  pounds
100% Lean Items                    19.47  loads --              778,912  pounds
Frozen Cuts                         4.18  loads --              167,346  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
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BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6    3,220   $273.21      $14.18
112   Rib, ribeye roll, 8-10 lbs.             37   74,957   $269.80     ($0.18)
112   Rib, ribeye roll, 10-up lbs.            75  126,603   $278.21       $1.35
112A  Rib, ribeye roll-lip-on, 8-dn lbs.       9    8,346   $321.08      
112A  Rib, ribeye roll-lip-on, 8-up lbs.       9   20,663   $387.72       $7.51
      Chuck, boneless 85%                     11  117,196   $192.06     ($1.11)
120   Chuck, brisket                          27  185,758   $173.86     ($5.68)
168   Round, top inside, 10-dn lbs.            6   13,806   $202.92       $0.98
168   Round, top inside, 10-up lbs.           18   60,222   $211.83       $6.16
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     28  272,783   $257.58       $1.37
169A  Round, top inside c-off, 14-up lbs.      8   86,271   $256.70
171B  Round, outside round                     3    7,080   $254.79      
171C  Round, eye of round                     26   52,720   $241.78     ($1.86)
      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.            23   87,360   $198.67       $0.74
182   Loin, sirloin butt                               
184   Loin, top sirloin butt                  27  146,754   $195.98       $5.20
185A  Loin, bottom sirloin butt flap, bnls.   50  143,232   $257.08       $0.90
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              28   55,668   $258.76     ($0.18)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo
      Inside round - Boxed                    34  160,365   $276.97       $0.43
      Outside round                            4   65,962   $257.02       $0.10
      Eye of round                            17   44,788   $258.94       $0.47
      Flats and eyes - Combo                   9  146,080   $258.62       $0.93
      Flats and eyes - Boxed                           
      Striploin                               53  162,217   $281.09     ($4.96)
      S.P.B. - Combo                          12  196,000   $253.40       $1.13
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     40  109,178   $227.33       $0.77
167A  Round, knuckle, peeled                  11   47,386   $233.67       $0.13
190   Loin, tenderloin, 2-3 lbs.              13   17,693   $374.34     ($0.36)
190   Loin, tenderloin, 3-4 lbs.              44   49,304   $444.55       $7.87
190   Loin, tenderloin, 4-5 lbs.             144  170,942   $470.14      $13.89
190   Loin, tenderloin, 5-up lbs.             21   26,862   $456.47       $2.63
193   Flank, flank steak                      86   86,776   $268.62       $3.75
      Flank, rough                            51   67,736   $242.37      $12.83
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              8   42,320   $256.36     ($0.39)
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.      4   30,376   $246.23
180   Loin, strip, bnls, 7-9 lbs.                      
180   Loin, strip, bnls, 9-up lbs.
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   38,940   $257.76
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    4,823   $433.94
190   Loin, tenderloin, 5-up lbs.                      
193   Flank, flank steak                       6   15,953   $215.56       $1.54
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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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