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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 10/14/2015

LM_XB405
Des Moines, IA                 Wed, Oct 14, 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:               $190.75
Change from prior day:              ($0.97)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $233.32        $130.29       ($1.15)
100% lean inside round                      $347.76          $8.07         $0.01
100% lean, flats and eyes                   $341.96          $7.93         
100% lean, S.P.B.                           $320.37         $16.02         $0.03
Chuck Tender                                $239.85          $2.40         
Knuckle                   4-7 lbs.          $274.64          $6.95         $0.10
Tenderloin                2-3 lbs.          $557.75          $2.96       ($0.01)
Tenderloin                3-4 lbs.          $577.96          $4.28         
Ribeye Roll               4-6 lbs.          $325.00          $3.41         
Ribeye Roll               6-8 lbs.          $347.95          $2.57       ($0.07)
Ribeye Roll               8up lbs.          $367.09          $2.68         $0.06
Flank Steak                                 $329.26          $1.38         $0.06
Kidney, Edible                               $20.45          $0.09         
Fat, inedible                                $17.59          $0.41         
Bone                                          $5.47          $1.31         
--------------------------------------------------------------------------------
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                 33.33  loads --            1,333,193  pounds
Cutter/Canner Cuts                  1.39  loads --               55,670  pounds
Boner/Breaker/Cutter/Canner        24.44  loads --              977,443  pounds
100% Lean Items                    23.52  loads --              940,611  pounds
Frozen Cuts                         2.10  loads --               84,046  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    7,160   $405.43       $4.00
112   Rib, ribeye roll, 8-10 lbs.             34  157,212   $363.41     ($3.43)
112   Rib, ribeye roll, 10-up lbs.            83  139,919   $390.70       $0.24
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      30   58,602   $421.16    ($17.63)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      25   99,250   $437.77     ($1.52)
      Chuck, boneless 85%                      5   63,000   $199.98       
120   Chuck, brisket                          27   67,507   $192.59     ($0.91)
168   Round, top inside, 10-dn lbs.            4    7,759   $223.59       
168   Round, top inside, 10-up lbs.           17   44,954   $246.03      $11.49
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     24  135,297   $312.80     ($2.84)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     4    8,420   $323.51     ($0.62)
171C  Round, eye of round                     31   44,073   $307.44       $2.78
      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.            29   89,819   $282.49      $11.69
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  36  144,598   $256.79       $0.69
185A  Loin, bottom sirloin butt flap, bnls.   68  241,575   $322.13       $1.95
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              23   29,471   $349.42     ($9.06)
112   Rib, ribeye roll, 8-up lbs.              8   22,184   $367.09       $8.58
100% LEAN
      Inside round - Combo
      Inside round - Boxed                    29   65,990   $347.74       $0.42
      Outside round                            4   40,446   $341.35     ($0.01)
      Eye of round                            13   65,483   $342.13       $0.90
      Flats and eyes - Combo                  10  200,057   $342.03       
      Flats and eyes - Boxed                            
      Striploin                               64  228,233   $404.53     ($4.28)
      S.P.B. - Combo                          13  336,260   $320.37       $0.51
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     40  161,092   $239.85       $0.27
167A  Round, knuckle, peeled                  16   54,069   $274.64       $3.97
190   Loin, tenderloin, 2-3 lbs.              16   15,605   $557.75     ($2.06)
190   Loin, tenderloin, 3-4 lbs.              31   77,604   $577.96     ($0.07)
190   Loin, tenderloin, 4-5 lbs.             157  299,590   $574.84     ($1.10)
190   Loin, tenderloin, 5-up lbs.             45  130,946   $578.47     ($1.16)
193   Flank, flank steak                     100  116,103   $354.02       $0.42
      Flank, rough                            55  122,434   $271.50     ($1.47)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              6   17,039   $342.34    ($46.62)
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                      10   33,533   $243.56    ($13.42)
--------------------------------------------------------------------------------
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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