Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 3/28/2017

Past Market Reports

Report Date: 3/28/2017

LM_XB405
Des Moines, IA                 Tue, Mar 28, 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:               $169.26
Change from prior day:              ($0.64)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $216.83        $121.08       ($0.62)
100% lean inside round                      $280.71          $6.51       ($0.01)
100% lean, flats and eyes                   $253.55          $5.88       ($0.01)
100% lean, S.P.B.                           $248.81         $12.44       ($0.03)
Chuck Tender                                $228.52          $2.29       ($0.01)
Knuckle                   4-7 lbs.          $238.17          $6.03         $0.02
Tenderloin                2-3 lbs.          $380.02          $2.01       ($0.04)
Tenderloin                3-4 lbs.          $451.34          $3.34         $0.08
Ribeye Roll               4-6 lbs.          $252.59          $2.65         $0.02
Ribeye Roll               6-8 lbs.          $272.75          $2.02         
Ribeye Roll               8up lbs.          $265.69          $1.94       ($0.04)
Flank Steak                                 $292.06          $1.23         
Kidney, Edible                               $17.25          $0.08         
Fat, inedible                                $18.59          $0.43         
Bone                                          $5.54          $1.33         
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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                 24.57  loads --              982,993  pounds
Cutter/Canner Cuts                  2.26  loads --               90,451  pounds
Boner/Breaker/Cutter/Canner        18.64  loads --              745,740  pounds
100% Lean Items                    17.45  loads --              697,999  pounds
Frozen Cuts                         2.69  loads --              107,768  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   10,650   $270.82     ($4.52)
112   Rib, ribeye roll, 8-10 lbs.             26   55,256   $286.09     ($1.53)
112   Rib, ribeye roll, 10-up lbs.            79  179,665   $283.29     ($3.90)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      13   10,351   $346.18     ($9.01)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       5   12,203   $353.19       $0.24
      Chuck, boneless 85%                      8   90,057   $201.38       $0.41
120   Chuck, brisket                          15   55,212   $179.44     ($2.63)
168   Round, top inside, 10-dn lbs.            3   24,148   $217.73    ($10.61)
168   Round, top inside, 10-up lbs.           15   51,649   $224.55     ($1.39)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     26  164,177   $280.97       $2.08
169A  Round, top inside c-off, 14-up lbs.      5   39,185   $273.85       $2.47
171B  Round, outside round                     7   10,207   $256.92     ($0.08)
171C  Round, eye of round                     35   51,377   $232.93       $4.57
      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.            19   54,894   $235.96     ($9.87)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  21  102,217   $223.43    ($10.14)
185A  Loin, bottom sirloin butt flap, bnls.   39   71,745   $346.35      $25.06
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              35   69,795   $272.75     ($0.28)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     3   27,600   $278.96       
      Inside round - Boxed                    32   61,836   $281.50     ($0.63)
      Outside round                            3   17,583   $254.16     ($0.11)
      Eye of round                            13   24,098   $261.22       $1.23
      Flats and eyes - Combo                  10  132,000   $252.06     ($0.17)
      Flats and eyes - Boxed                            
      Striploin                               75  250,882   $289.97       $1.47
      S.P.B. - Combo                          14  184,000   $248.81     ($0.59)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33   86,414   $228.52     ($1.52)
167A  Round, knuckle, peeled                  20   93,168   $238.17       $0.61
190   Loin, tenderloin, 2-3 lbs.              13   10,937   $380.02     ($6.77)
190   Loin, tenderloin, 3-4 lbs.              45   63,990   $451.34      $10.65
190   Loin, tenderloin, 4-5 lbs.             145  260,921   $449.49       $5.77
190   Loin, tenderloin, 5-up lbs.             27   40,246   $466.67       $5.47
193   Flank, flank steak                      98   82,363   $299.21     ($1.29)
      Flank, rough                            72  107,701   $248.31       $0.78
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4   29,925   $247.67    ($12.22)
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   24,960   $211.35
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    6,954   $428.82
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       5   11,501   $240.87      $13.22
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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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