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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 10/19/2015

LM_XB405
Des Moines, IA                 Mon, Oct 19, 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:               $189.89
Change from prior day:              ($0.38)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $232.09        $129.60       ($0.16)
100% lean inside round                      $346.72          $8.04       ($0.01)
100% lean, flats and eyes                   $342.17          $7.94         
100% lean, S.P.B.                           $315.56         $15.78       ($0.19)
Chuck Tender                                $240.12          $2.40         $0.01
Knuckle                   4-7 lbs.          $267.34          $6.76       ($0.12)
Tenderloin                2-3 lbs.          $565.31          $3.00         
Tenderloin                3-4 lbs.          $582.99          $4.31       ($0.01)
Ribeye Roll               4-6 lbs.          $325.00          $3.41         
Ribeye Roll               6-8 lbs.          $363.20          $2.69         $0.12
Ribeye Roll               8up lbs.          $380.35          $2.78         
Flank Steak                                 $336.54          $1.41         $0.02
Kidney, Edible                               $31.00          $0.14         $0.05
Fat, inedible                                $17.59          $0.41         
Bone                                          $5.08          $1.22       ($0.09)
--------------------------------------------------------------------------------
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                 31.57  loads --            1,262,631  pounds
Cutter/Canner Cuts                  0.77  loads --               30,663  pounds
Boner/Breaker/Cutter/Canner        18.86  loads --              754,410  pounds
100% Lean Items                    23.58  loads --              943,176  pounds
Frozen Cuts                         2.08  loads --               83,133  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             28   66,000   $376.59     ($3.94)
112   Rib, ribeye roll, 10-up lbs.            69   92,869   $389.55       $2.49
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      42  107,606   $412.84    ($22.43)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      26   97,555   $444.62       $1.67
      Chuck, boneless 85%                      4   50,400   $200.94       $0.96
120   Chuck, brisket                          26   75,965   $198.10       $5.35
168   Round, top inside, 10-dn lbs.                     
168   Round, top inside, 10-up lbs.           21   65,796   $240.02     ($7.87)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     19   78,782   $314.47       $1.51
169A  Round, top inside c-off, 14-up lbs.      5   28,530   $313.24
171B  Round, outside round                     6   32,420   $325.77       
171C  Round, eye of round                     25   43,343   $319.04     ($0.87)
      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.            38  112,296   $281.95       $1.65
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  35  209,464   $261.85     ($8.27)
185A  Loin, bottom sirloin butt flap, bnls.   62  198,805   $319.03     ($4.21)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              16   16,998   $363.20      $14.43
112   Rib, ribeye roll, 8-up lbs.              5    9,650   $380.35     ($0.32)
100% LEAN
      Inside round - Combo                     5   54,959   $343.36       $5.62
      Inside round - Boxed                    27   44,534   $350.86     ($6.88)
      Outside round                            4   26,844   $341.59       $0.24
      Eye of round                            12   34,161   $336.29     ($2.72)
      Flats and eyes - Combo                  11  212,443   $343.19       $0.38
      Flats and eyes - Boxed                            
      Striploin                               70  310,585   $408.05       $1.46
      S.P.B. - Combo                          14  259,650   $315.56     ($3.94)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     48  161,382   $240.12       $1.49
167A  Round, knuckle, peeled                  14   46,319   $267.34     ($4.62)
190   Loin, tenderloin, 2-3 lbs.              14   17,102   $565.31     ($1.27)
190   Loin, tenderloin, 3-4 lbs.              27   64,963   $582.99     ($1.23)
190   Loin, tenderloin, 4-5 lbs.             141  153,735   $596.46      $14.70
190   Loin, tenderloin, 5-up lbs.             38   88,057   $584.90       $2.29
193   Flank, flank steak                     104  107,385   $359.88       $5.49
      Flank, rough                            48  115,467   $270.07       $0.60
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              8   28,439   $342.16       $0.66
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   29,806   $252.48       
--------------------------------------------------------------------------------
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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