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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 6/16/2015

LM_XB405
Des Moines, IA                 Tue, Jun 16, 2015                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:               $227.37
Change from prior day:              ($0.76)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $291.66        $162.86       ($1.04)
100% lean inside round                      $350.26          $8.13         $0.07
100% lean, flats and eyes                   $341.67          $7.93         $0.03
100% lean, S.P.B.                           $342.63         $17.13         $0.05
Chuck Tender                                $303.80          $3.04         
Knuckle                   4-7 lbs.          $301.26          $7.62         
Tenderloin                2-3 lbs.          $562.14          $2.98         
Tenderloin                3-4 lbs.          $642.28          $4.75         $0.07
Ribeye Roll               4-6 lbs.          $357.76          $3.76         
Ribeye Roll               6-8 lbs.          $368.77          $2.73         $0.01
Ribeye Roll               8up lbs.          $370.38          $2.70         $0.01
Flank Steak                                 $424.34          $1.78         $0.04
Kidney, Edible                               $17.00          $0.08         
Fat, inedible                                $17.92          $0.42         
Bone                                          $6.10          $1.46         
--------------------------------------------------------------------------------
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                 35.44  loads --            1,417,746  pounds
Cutter/Canner Cuts                  3.38  loads --              135,282  pounds
Boner/Breaker/Cutter/Canner        20.56  loads --              822,537  pounds
100% Lean Items                    29.00  loads --            1,159,930  pounds
Frozen Cuts                         2.09  loads --               83,454  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   16,369   $372.20       $1.44
112   Rib, ribeye roll, 8-10 lbs.             78  242,768   $377.85       $0.14
112   Rib, ribeye roll, 10-up lbs.            90   70,559   $399.45       $4.87
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      35   18,612   $540.88      $15.59
112A  Rib, ribeye roll-lip-on, 8-up lbs.      52  119,088   $488.34       $4.12
      Chuck, boneless 85%                      8   81,904   $284.12     ($0.01)
120   Chuck, brisket                          26   53,375   $246.31       $1.80
168   Round, top inside, 10-dn lbs.            4    2,009   $293.17       
168   Round, top inside, 10-up lbs.           26   78,978   $291.40     ($1.30)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     28  199,458   $322.24       $1.01
169A  Round, top inside c-off, 14-up lbs.      5   53,985   $325.76       $0.68
171B  Round, outside round                    14  104,294   $312.29       $1.23
171C  Round, eye of round                     36   64,677   $324.81       $3.11
      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.            13   29,008   $395.36       $0.15
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  41   91,712   $323.11       $2.41
185A  Loin, bottom sirloin butt flap, bnls.   60  180,843   $417.52       $8.40
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              43   73,234   $368.77       $0.89
112   Rib, ribeye roll, 8-up lbs.             32   61,265   $370.38       $1.34
100% LEAN
      Inside round - Combo                     8  109,479   $343.76       $3.61
      Inside round - Boxed                    48  102,824   $357.19     ($0.86)
      Outside round                            3   27,757   $340.84     ($1.24)
      Eye of round                            16   34,890   $334.62     ($2.92)
      Flats and eyes - Combo                  27  374,926   $342.39       $1.80
      Flats and eyes - Boxed                            
      Striploin                               57  233,047   $421.61     ($1.83)
      S.P.B. - Combo                          19  277,007   $342.63       $1.03
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     34   98,796   $303.80       $0.29
167A  Round, knuckle, peeled                  37  208,642   $301.26     ($0.09)
190   Loin, tenderloin, 2-3 lbs.              11   14,268   $562.14     ($1.05)
190   Loin, tenderloin, 3-4 lbs.              35   30,545   $642.28      $10.30
190   Loin, tenderloin, 4-5 lbs.             147  257,750   $734.85     ($2.60)
190   Loin, tenderloin, 5-up lbs.             25    9,405   $698.42       $7.27
193   Flank, flank steak                     106  109,516   $451.17     ($5.39)
      Flank, rough                            44   93,615   $339.47     ($4.90)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    7,285   $344.30     ($0.99)
112   Rib, ribeye roll, 8-10 lbs.              7   32,967   $351.02       $9.63
112   Rib, ribeye roll, 10-up lbs.             6    6,087   $371.67       $2.64
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                      13   35,665   $341.95      $31.93
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Source:    USDA Market News Service, Des Moines, IA
           515-284-4460      email:  desm.lpgmn@usda.gov
           24 Hour recorded market information 515-284-4830
           http://www.ams.usda.gov/LSMarketNews
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