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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 11/6/2015

LM_XB405
Des Moines, IA                 Fri, Nov 06, 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:               $177.63
Change from prior day:              ($2.20)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $216.69        $121.00       ($1.61)
100% lean inside round                      $308.54          $7.16       ($0.09)
100% lean, flats and eyes                   $308.77          $7.16       ($0.07)
100% lean, S.P.B.                           $298.09         $14.90       ($0.03)
Chuck Tender                                $236.42          $2.36       ($0.01)
Knuckle                   4-7 lbs.          $255.56          $6.47       ($0.07)
Tenderloin                2-3 lbs.          $540.46          $2.86       ($0.02)
Tenderloin                3-4 lbs.          $568.36          $4.21       ($0.10)
Ribeye Roll               4-6 lbs.          $323.11          $3.39         
Ribeye Roll               6-8 lbs.          $338.79          $2.51       ($0.06)
Ribeye Roll               8up lbs.          $334.90          $2.44       ($0.14)
Flank Steak                                 $345.75          $1.45         
Kidney, Edible                               $21.25          $0.10         
Fat, inedible                                $17.59          $0.41         
Bone                                          $5.06          $1.21         
--------------------------------------------------------------------------------
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                 34.44  loads --            1,377,577  pounds
Cutter/Canner Cuts                  1.16  loads --               46,425  pounds
Boner/Breaker/Cutter/Canner        19.57  loads --              782,807  pounds
100% Lean Items                    31.31  loads --            1,252,398  pounds
Frozen Cuts                         1.39  loads --               55,774  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6    5,623   $407.27     ($0.01)
112   Rib, ribeye roll, 8-10 lbs.             23   71,641   $355.49    ($25.20)
112   Rib, ribeye roll, 10-up lbs.            78  104,997   $376.38     ($1.63)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      26   44,723   $451.05       $4.64
112A  Rib, ribeye roll-lip-on, 8-up lbs.      22   54,050   $433.65    ($14.57)
      Chuck, boneless 85%                      6  105,000   $194.22       
120   Chuck, brisket                          28  109,602   $200.60     ($1.23)
168   Round, top inside, 10-dn lbs.            6    8,817   $239.42       
168   Round, top inside, 10-up lbs.           14   43,684   $261.70     ($1.41)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     46  380,888   $313.02       $0.09
169A  Round, top inside c-off, 14-up lbs.      6   59,115   $313.14       
171B  Round, outside round                     5   24,420   $326.80     ($0.21)
171C  Round, eye of round                     31   48,573   $314.78       $3.81
      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.            26   83,078   $241.41    ($42.66)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  26   69,130   $236.87     ($1.13)
185A  Loin, bottom sirloin butt flap, bnls.   51  160,885   $316.64     ($4.85)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              19   25,061   $338.79     ($7.86)
112   Rib, ribeye roll, 8-up lbs.             11   19,534   $334.24    ($19.59)
100% LEAN
      Inside round - Combo                    11  196,823   $303.72     ($5.92)
      Inside round - Boxed                    29   96,720   $318.34       $2.08
      Outside round                            4   53,244   $313.67       $0.73
      Eye of round                            12   22,738   $326.66     ($2.13)
      Flats and eyes - Combo                  18  329,873   $306.74     ($3.05)
      Flats and eyes - Boxed                            
      Striploin                               55  192,127   $403.31       $3.92
      S.P.B. - Combo                          22  360,873   $298.09     ($0.41)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     36  111,049   $236.42     ($0.47)
167A  Round, knuckle, peeled                  10   54,062   $255.56     ($2.97)
190   Loin, tenderloin, 2-3 lbs.              21   80,169   $540.46     ($3.72)
190   Loin, tenderloin, 3-4 lbs.              24   50,437   $568.36    ($14.27)
190   Loin, tenderloin, 4-5 lbs.             129  160,388   $594.19     ($4.15)
190   Loin, tenderloin, 5-up lbs.             37   93,832   $568.13     ($1.31)
193   Flank, flank steak                      91  105,335   $350.91     ($1.17)
      Flank, rough                            47  127,535   $259.61     ($2.47)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              6   31,800   $378.29       $5.12
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                       8   16,218   $312.20     ($1.29)
--------------------------------------------------------------------------------
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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