Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 3/3/2017

Past Market Reports

Report Date: 3/3/2017

LM_XB405
Des Moines, IA                 Fri, Mar 03, 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:               $165.66
Change from prior day:              ($0.24)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $211.71        $118.22       ($0.24)
100% lean inside round                      $274.84          $6.38       ($0.03)
100% lean, flats and eyes                   $257.35          $5.97        
100% lean, S.P.B.                           $251.82         $12.59        
Chuck Tender                                $227.84          $2.28        
Knuckle                   4-7 lbs.          $232.27          $5.88        
Tenderloin                2-3 lbs.          $381.67          $2.02         $0.04
Tenderloin                3-4 lbs.          $436.16          $3.23       ($0.01)
Ribeye Roll               4-6 lbs.          $235.14          $2.47        
Ribeye Roll               6-8 lbs.          $252.82          $1.87       ($0.01)
Ribeye Roll               8up lbs.          $266.09          $1.94        
Flank Steak                                 $255.48          $1.07         $0.01
Kidney, Edible                               $17.51          $0.08        
Fat, inedible                                $19.60          $0.45        
Bone                                          $5.05          $1.21        
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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                 30.13  loads --            1,205,178  pounds
Cutter/Canner Cuts                  3.31  loads --              132,371  pounds
Boner/Breaker/Cutter/Canner        20.75  loads --              830,081  pounds
100% Lean Items                    20.84  loads --              833,663  pounds
Frozen Cuts                         3.29  loads --              131,466  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    4,900   $266.97      $11.75
112   Rib, ribeye roll, 8-10 lbs.             38  100,368   $275.34       $0.15
112   Rib, ribeye roll, 10-up lbs.            74  187,568   $282.76       $2.51
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      22   65,427   $309.05       $0.97
112A  Rib, ribeye roll-lip-on, 8-up lbs.       8    6,434   $387.14       $4.82
      Chuck, boneless 85%                      9  117,632   $191.33      
120   Chuck, brisket                          16   43,181   $188.86     ($0.09)
168   Round, top inside, 10-dn lbs.            4   16,284   $233.48      
168   Round, top inside, 10-up lbs.           14   64,195   $227.08       $7.45
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     30  191,886   $262.82       $0.30
169A  Round, top inside c-off, 14-up lbs.     10   10,775   $251.83       $0.53
171B  Round, outside round                     7   40,760   $252.31       $0.63
171C  Round, eye of round                     27   78,417   $238.74       $4.91
      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.            12   16,774   $203.86     ($4.45)
182   Loin, sirloin butt                               
184   Loin, top sirloin butt                  21   97,065   $203.70     ($1.43)
185A  Loin, bottom sirloin butt flap, bnls.   54  154,744   $260.86       $0.32
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3    8,801   $235.14      
112   Rib, ribeye roll, 6-8 lbs.              22  109,970   $252.82     ($0.62)
112   Rib, ribeye roll, 8-up lbs.              5   13,600   $266.09      
100% LEAN
      Inside round - Combo                     5   35,528   $266.23     ($4.75)
      Inside round - Boxed                    24  108,301   $277.66       $0.21
      Outside round                            8   93,860   $257.18     ($0.57)
      Eye of round                            14   35,404   $260.77       $0.20
      Flats and eyes - Combo                  10  126,191   $256.51      
      Flats and eyes - Boxed                           
      Striploin                               59  235,952   $279.88     ($1.42)
      S.P.B. - Combo                          11  184,000   $251.74      
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     43  134,555   $227.84     ($0.03)
167A  Round, knuckle, peeled                  20  112,561   $232.27     ($0.19)
190   Loin, tenderloin, 2-3 lbs.              13   11,391   $381.67       $8.18
190   Loin, tenderloin, 3-4 lbs.              39   41,092   $436.16     ($2.31)
190   Loin, tenderloin, 4-5 lbs.             156  276,026   $443.37     ($8.62)
190   Loin, tenderloin, 5-up lbs.             26   83,876   $445.98    ($34.19)
193   Flank, flank steak                      86   93,869   $264.84       $1.92
      Flank, rough                            43   76,711   $236.89     ($0.36)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    7,125   $278.00      
112   Rib, ribeye roll, 8-10 lbs.              5   49,178   $272.12      
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.             4   27,560   $263.09      
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    5,368   $424.60      
190   Loin, tenderloin, 5-up lbs.                      
193   Flank, flank steak                       7   20,087   $211.71      
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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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