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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 6/17/2015

LM_XB405       ***Corrected Report***
Des Moines, IA                 Wed, Jun 17, 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:              *$226.68*
Change from prior day:             *($0.69)*
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                   *$290.76        $162.36       ($0.50)*
100% lean inside round                      $346.84          $8.05       ($0.08)
100% lean, flats and eyes                   $338.62          $7.86       ($0.07)
100% lean, S.P.B.                           $341.59         $17.08       ($0.05)
Chuck Tender                                $305.90          $3.06         $0.02
Knuckle                   4-7 lbs.          $302.76          $7.66         $0.04
Tenderloin                2-3 lbs.          $560.18          $2.97       ($0.01)
Tenderloin                3-4 lbs.          $630.92          $4.67       ($0.08)
Ribeye Roll               4-6 lbs.          $357.76          $3.76         
Ribeye Roll               6-8 lbs.          $367.64          $2.72       ($0.01)
Ribeye Roll               8up lbs.          $372.58          $2.72         $0.02
Flank Steak                                 $432.04          $1.81         $0.03
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                 30.85  loads --            1,234,055  pounds
Cutter/Canner Cuts                  3.38  loads --              135,102  pounds
Boner/Breaker/Cutter/Canner        18.94  loads --              757,746  pounds
100% Lean Items                    24.52  loads --              980,800  pounds
Frozen Cuts                         2.00  loads --               79,919  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   20,340   $372.38       $0.18
112   Rib, ribeye roll, 8-10 lbs.             66  166,078   $380.55       $2.70
112   Rib, ribeye roll, 10-up lbs.            88   72,795   $399.11     ($0.34)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      38   24,293   $537.00     ($3.88)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      51  113,410   $488.76       $0.42
      Chuck, boneless 85%                      8   81,904   $284.12       
120   Chuck, brisket                          23   46,876   $251.34       $5.03
168   Round, top inside, 10-dn lbs.            9    8,710   $292.78     ($0.39)
168   Round, top inside, 10-up lbs.           23   61,168   $286.80     ($4.60)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     20  182,371   $321.95     ($0.29)
169A  Round, top inside c-off, 14-up lbs.      3   24,568   $325.30     ($0.46)
171B  Round, outside round                     9   47,969   $314.35       $2.06
171C  Round, eye of round                     35   65,116   $325.35       $0.54
      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.            11   25,207   $395.67       $0.31
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  43  101,485   $323.35       $0.24
185A  Loin, bottom sirloin butt flap, bnls.   58  181,658   $424.21       $6.69
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              42   77,063   $367.64     ($1.13)
112   Rib, ribeye roll, 8-up lbs.             32   57,256   $372.58       $2.20
100% LEAN
      Inside round - Combo                    10  113,247   $339.06     ($4.70)
      Inside round - Boxed                    43   64,443   $360.51       $3.32
      Outside round
      Eye of round                            13   27,450   $336.20       $1.58
      Flats and eyes - Combo                  25  328,187   $338.55     ($3.84)
      Flats and eyes - Boxed                            
      Striploin                               54  169,610   $425.01       $3.40
      S.P.B. - Combo                          17  251,702   $341.59     ($1.04)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     34  105,038   $305.90       $2.10
167A  Round, knuckle, peeled                  36  147,284   $302.76       $1.50
190   Loin, tenderloin, 2-3 lbs.              12   13,810   $560.18     ($1.96)
190   Loin, tenderloin, 3-4 lbs.              33   35,424   $630.92    ($11.36)
190   Loin, tenderloin, 4-5 lbs.             139  226,726   $735.12       $0.27
190   Loin, tenderloin, 5-up lbs.             27   16,327   $645.11    ($53.31)
193   Flank, flank steak                     115  131,499   $453.15       $1.98
      Flank, rough                            46   81,638   $340.18       $0.71
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    7,650   $342.33     ($1.97)
112   Rib, ribeye roll, 8-10 lbs.              7   34,287   $350.66     ($0.36)
112   Rib, ribeye roll, 10-up lbs.             6    6,087   $371.67       
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                      11   30,445   $340.86     ($1.09)
--------------------------------------------------------------------------------
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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