Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 3/10/2017

Past Market Reports

Report Date: 3/10/2017

LM_XB405
Des Moines, IA                 Fri, Mar 10, 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:               $167.64
Change from prior day:              ($0.31)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $214.81        $119.95       ($0.26)
100% lean inside round                      $275.10          $6.38         $0.03
100% lean, flats and eyes                   $256.82          $5.96         
100% lean, S.P.B.                           $251.43         $12.57         
Chuck Tender                                $233.07          $2.33         $0.01
Knuckle                   4-7 lbs.          $237.06          $6.00         
Tenderloin                2-3 lbs.          $379.40          $2.01       ($0.02)
Tenderloin                3-4 lbs.          $425.30          $3.15       ($0.04)
Ribeye Roll               4-6 lbs.          $236.00          $2.48         
Ribeye Roll               6-8 lbs.          $261.26          $1.93       ($0.01)
Ribeye Roll               8up lbs.          $274.99          $2.01         
Flank Steak                                 $267.08          $1.12       ($0.02)
Kidney, Edible                               $16.85          $0.08         
Fat, inedible                                $18.59          $0.43         
Bone                                          $5.16          $1.24         
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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                 21.92  loads --              876,805  pounds
Cutter/Canner Cuts                  1.40  loads --               55,881  pounds
Boner/Breaker/Cutter/Canner        18.31  loads --              732,274  pounds
100% Lean Items                    22.22  loads --              888,645  pounds
Frozen Cuts                         5.41  loads --              216,449  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    4,830   $266.71       
112   Rib, ribeye roll, 8-10 lbs.             19   35,608   $272.66     ($6.76)
112   Rib, ribeye roll, 10-up lbs.            58   94,132   $289.23     ($0.32)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      20   28,047   $333.17     ($0.02)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       3    2,871   $349.87
      Chuck, boneless 85%                      7   98,720   $195.98       
120   Chuck, brisket                          23   72,021   $189.45       $0.41
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           11   41,344   $239.50     ($2.98)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     22  151,502   $267.51       $1.72
169A  Round, top inside c-off, 14-up lbs.      5    8,456   $261.17       $0.45
171B  Round, outside round                     4   10,840   $257.08     ($0.31)
171C  Round, eye of round                     27   42,157   $242.42     ($6.26)
      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.            38   58,676   $228.77      $14.19
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  29  129,389   $200.09       $0.88
185A  Loin, bottom sirloin butt flap, bnls.   43   88,768   $272.02     ($0.64)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              20   41,981   $261.26     ($0.63)
112   Rib, ribeye roll, 8-up lbs.              5   13,900   $274.99       
100% LEAN
      Inside round - Combo                     6   64,249   $274.48       $3.01
      Inside round - Boxed                    32   82,209   $275.60     ($0.14)
      Outside round                            7   53,666   $255.71       $0.27
      Eye of round                            16   59,496   $259.92     ($0.83)
      Flats and eyes - Combo                   8  108,026   $255.67       
      Flats and eyes - Boxed                            
      Striploin                               70  354,989   $281.16     ($0.53)
      S.P.B. - Combo                          12  166,010   $251.43       
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     36  128,494   $233.07       $1.36
167A  Round, knuckle, peeled                  13   82,232   $237.06       
190   Loin, tenderloin, 2-3 lbs.              13   11,885   $379.40     ($3.04)
190   Loin, tenderloin, 3-4 lbs.              37   30,937   $426.10     ($6.06)
190   Loin, tenderloin, 4-5 lbs.             142  236,563   $445.31       $0.38
190   Loin, tenderloin, 5-up lbs.             29   82,257   $441.05       $3.31
193   Flank, flank steak                      95  106,546   $274.50     ($2.59)
      Flank, rough                            37   53,360   $246.06       $1.44
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.             14  179,710   $259.98       $0.04
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.             3    9,880   $262.16
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   20,670   $228.82       $0.60
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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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