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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 3/24/2017

LM_XB405
Des Moines, IA                 Fri, Mar 24, 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:               $169.66
Change from prior day:                $0.05
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $217.63        $121.52         
100% lean inside round                      $280.92          $6.52         $0.06
100% lean, flats and eyes                   $256.05          $5.94         $0.01
100% lean, S.P.B.                           $249.64         $12.48         
Chuck Tender                                $231.89          $2.32       ($0.01)
Knuckle                   4-7 lbs.          $236.81          $5.99         
Tenderloin                2-3 lbs.          $387.87          $2.06         $0.01
Tenderloin                3-4 lbs.          $434.21          $3.21       ($0.01)
Ribeye Roll               4-6 lbs.          $250.17          $2.63         
Ribeye Roll               6-8 lbs.          $276.50          $2.05         
Ribeye Roll               8up lbs.          $271.75          $1.98         
Flank Steak                                 $290.91          $1.22       ($0.01)
Kidney, Edible                               $17.97          $0.08         
Fat, inedible                                $18.59          $0.43         
Bone                                          $5.12          $1.23         
--------------------------------------------------------------------------------
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                 17.40  loads --              695,952  pounds
Cutter/Canner Cuts                  1.14  loads --               45,436  pounds
Boner/Breaker/Cutter/Canner        15.62  loads --              624,687  pounds
100% Lean Items                    12.73  loads --              509,121  pounds
Frozen Cuts                         2.10  loads --               83,883  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    3,150   $275.34       $0.05
112   Rib, ribeye roll, 8-10 lbs.             14   29,387   $285.00       $2.84
112   Rib, ribeye roll, 10-up lbs.            77  137,705   $287.70       $0.82
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      17   35,973   $354.51       $0.59
112A  Rib, ribeye roll-lip-on, 8-up lbs.       5   13,535   $352.95       
      Chuck, boneless 85%
120   Chuck, brisket                          15   42,352   $184.90     ($0.62)
168   Round, top inside, 10-dn lbs.            3   22,352   $228.34       
168   Round, top inside, 10-up lbs.           11   28,388   $243.97      $10.46
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     21  151,280   $272.58     ($0.57)
169A  Round, top inside c-off, 14-up lbs.      3   26,889   $271.28       
171B  Round, outside round                     7    9,165   $256.61       $1.84
171C  Round, eye of round                     32   54,011   $226.07       $0.03
      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.            14   31,701   $254.03       $1.49
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  14   19,072   $229.17       $4.08
185A  Loin, bottom sirloin butt flap, bnls.   34   81,277   $308.98       $4.89
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              24   25,933   $276.50     ($0.28)
112   Rib, ribeye roll, 8-up lbs.              3    9,724   $271.75       
100% LEAN
      Inside round - Combo                     3   27,725   $276.55       
      Inside round - Boxed                    27   36,392   $284.25       $4.64
      Outside round                            4   21,340   $254.92     ($0.24)
      Eye of round                            17   37,485   $262.22       $1.39
      Flats and eyes - Combo                   8   80,276   $253.46       
      Flats and eyes - Boxed                            
      Striploin                               64  193,903   $288.86       $1.65
      S.P.B. - Combo                          10  112,000   $249.64     ($0.01)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30   71,542   $231.89     ($0.69)
167A  Round, knuckle, peeled                  15   61,457   $236.81     ($0.05)
190   Loin, tenderloin, 2-3 lbs.              10    6,908   $387.87       $1.23
190   Loin, tenderloin, 3-4 lbs.              43   63,028   $434.21     ($0.56)
190   Loin, tenderloin, 4-5 lbs.             137  177,353   $449.47     ($1.01)
190   Loin, tenderloin, 5-up lbs.             23   83,083   $458.64       $5.45
193   Flank, flank steak                      92   80,170   $298.95     ($0.57)
      Flank, rough                            55   81,146   $246.82     ($5.14)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              9   58,835   $258.09       
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.
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
--------------------------------------------------------------------------------
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
1530C

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