Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 2/5/2016

Past Market Reports

Report Date: 2/5/2016

LM_XB405
Des Moines, IA                 Fri, Feb 05, 2016                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:               $168.29
Change from prior day:                $1.19
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $211.43        $118.06         $1.19
100% lean inside round                      $263.03          $6.10         
100% lean, flats and eyes                   $261.62          $6.07         
100% lean, S.P.B.                           $258.27         $12.91         
Chuck Tender                                $245.34          $2.45         $0.01
Knuckle                   4-7 lbs.          $234.13          $5.92       ($0.02)
Tenderloin                2-3 lbs.          $492.96          $2.61         
Tenderloin                3-4 lbs.          $562.06          $4.16         
Ribeye Roll               4-6 lbs.          $266.39          $2.80       ($0.01)
Ribeye Roll               6-8 lbs.          $296.23          $2.19         
Ribeye Roll               8up lbs.          $315.67          $2.30         
Flank Steak                                 $348.75          $1.46         $0.02
Kidney, Edible                               $20.07          $0.09         
Fat, inedible                                $15.58          $0.36         
Bone                                          $3.38          $0.81         
--------------------------------------------------------------------------------
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                 31.63  loads --            1,265,007  pounds
Cutter/Canner Cuts                  1.03  loads --               41,195  pounds
Boner/Breaker/Cutter/Canner        23.05  loads --              922,190  pounds
100% Lean Items                    26.02  loads --            1,040,978  pounds
Frozen Cuts                         1.50  loads --               60,077  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7    5,114   $326.50     ($4.25)
112   Rib, ribeye roll, 8-10 lbs.             25   43,478   $333.00      $37.54
112   Rib, ribeye roll, 10-up lbs.            86  151,633   $311.34     ($3.04)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      20   25,247   $374.25     ($3.09)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      26   48,890   $379.55    ($10.02)
      Chuck, boneless 85%                      6   65,100   $193.45       $0.56
120   Chuck, brisket                          19   73,591   $195.41       $0.05
168   Round, top inside, 10-dn lbs.            5   11,307   $221.69     ($0.05)
168   Round, top inside, 10-up lbs.           16   66,835   $227.54       $0.21
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     32  210,685   $269.89       $0.08
169A  Round, top inside c-off, 14-up lbs.      5    8,178   $274.60       $0.39
171B  Round, outside round                     4   40,840   $255.66       $0.39
171C  Round, eye of round                     43   60,847   $258.25       $0.20
      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.            18   38,726   $255.15       $3.00
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  43  194,040   $209.71     ($0.26)
185A  Loin, bottom sirloin butt flap, bnls.   52  197,741   $316.59       $2.18
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              18   25,321   $296.23       $0.07
112   Rib, ribeye roll, 8-up lbs.              3    8,295   $315.67       
100% LEAN
      Inside round - Combo                     6  123,571   $260.99     ($0.01)
      Inside round - Boxed                    35   71,460   $266.58       $0.43
      Outside round                            3   29,055   $260.80     ($0.11)
      Eye of round                            22   68,458   $267.08     ($1.15)
      Flats and eyes - Combo                  12  211,484   $259.97     ($0.08)
      Flats and eyes - Boxed                            
      Striploin                               66  288,750   $377.05     ($0.05)
      S.P.B. - Combo                          17  248,200   $258.27       $0.04
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     48  179,748   $245.34       $1.16
167A  Round, knuckle, peeled                  18   89,680   $234.13     ($0.72)
190   Loin, tenderloin, 2-3 lbs.              19   36,918   $492.96     ($0.33)
190   Loin, tenderloin, 3-4 lbs.              31   47,146   $562.06     ($0.12)
190   Loin, tenderloin, 4-5 lbs.             145  221,250   $581.77     ($0.39)
190   Loin, tenderloin, 5-up lbs.             40   93,847   $572.57       $9.35
193   Flank, flank steak                     113  110,822   $349.10       $5.99
      Flank, rough                            52  142,779   $228.31       $0.18
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              7   11,640   $309.42      $42.67
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.             3    4,160   $378.25
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   26,233   $347.25       $2.60
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Source:    USDA Livestock, Poultry & Grain Market News Division, Des Moines, IA
           515-284-4460      email:  desm.lpgmn@ams.usda.gov
           24 Hour recorded market information 515-284-4830
           www.ams.usda.gov/market-news/livestock-poultry-grain
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