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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 10/21/2015

LM_XB405
Des Moines, IA                 Wed, Oct 21, 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:               $186.72
Change from prior day:              ($0.83)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $226.62        $126.54       ($0.55)
100% lean inside round                      $345.77          $8.02       ($0.02)
100% lean, flats and eyes                   $341.91          $7.93         
100% lean, S.P.B.                           $319.65         $15.98       ($0.07)
Chuck Tender                                $241.46          $2.41       ($0.01)
Knuckle                   4-7 lbs.          $266.48          $6.74       ($0.07)
Tenderloin                2-3 lbs.          $573.21          $3.04         $0.02
Tenderloin                3-4 lbs.          $580.69          $4.30       ($0.02)
Ribeye Roll               4-6 lbs.          $317.26          $3.33       ($0.01)
Ribeye Roll               6-8 lbs.          $359.22          $2.66       ($0.01)
Ribeye Roll               8up lbs.          $340.59          $2.49       ($0.11)
Flank Steak                                 $359.19          $1.51         $0.02
Kidney, Edible                               $31.00          $0.14         
Fat, inedible                                $17.59          $0.41         
Bone                                          $5.08          $1.22         
--------------------------------------------------------------------------------
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                 34.52  loads --            1,380,799  pounds
Cutter/Canner Cuts                  0.73  loads --               29,195  pounds
Boner/Breaker/Cutter/Canner        17.78  loads --              711,086  pounds
100% Lean Items                    22.54  loads --              901,738  pounds
Frozen Cuts                         1.04  loads --               41,565  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    5,540   $405.91     ($0.29)
112   Rib, ribeye roll, 8-10 lbs.             41   52,455   $393.42       $8.98
112   Rib, ribeye roll, 10-up lbs.            53   71,266   $390.37     ($1.04)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      36  115,060   $416.19       $4.49
112A  Rib, ribeye roll-lip-on, 8-up lbs.      30   93,202   $430.52    ($30.93)
      Chuck, boneless 85%                      5   63,000   $200.94       
120   Chuck, brisket                          30  115,056   $206.61       $4.91
168   Round, top inside, 10-dn lbs.                     
168   Round, top inside, 10-up lbs.           24   68,585   $238.03     ($0.40)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     31  215,652   $313.47       $0.46
169A  Round, top inside c-off, 14-up lbs.      7   34,219   $312.99       $5.45
171B  Round, outside round                     6   34,420   $326.13       
171C  Round, eye of round                     29   48,412   $315.57     ($6.76)
      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.            24   61,784   $285.86       $4.64
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  44  239,355   $257.97       $0.64
185A  Loin, bottom sirloin butt flap, bnls.   57  162,219   $319.79     ($0.54)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              18   17,517   $363.46     ($1.25)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     5   54,959   $343.36       
      Inside round - Boxed                    24   40,778   $349.01     ($1.33)
      Outside round                            5   57,719   $341.45     ($0.14)
      Eye of round                            11   23,825   $337.98     ($0.18)
      Flats and eyes - Combo                  12  213,206   $342.48       $0.06
      Flats and eyes - Boxed                            
      Striploin                               56  263,601   $409.60       $3.94
      S.P.B. - Combo                          14  247,650   $319.65     ($1.30)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     54  217,118   $241.46     ($0.11)
167A  Round, knuckle, peeled                  11   41,826   $266.48     ($2.83)
190   Loin, tenderloin, 2-3 lbs.              11   13,864   $573.21       $3.63
190   Loin, tenderloin, 3-4 lbs.              38   71,022   $580.69     ($2.77)
190   Loin, tenderloin, 4-5 lbs.             139  151,345   $596.51       $0.38
190   Loin, tenderloin, 5-up lbs.             39   32,764   $602.19       $7.97
193   Flank, flank steak                      91   87,284   $362.91       $5.37
      Flank, rough                            45   95,863   $269.76       $1.22
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4   14,700   $342.86       
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                       4   10,145   $327.18     ($1.67)
--------------------------------------------------------------------------------
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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