Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 2/18/2016

Past Market Reports

Report Date: 2/18/2016

LM_XB405
Des Moines, IA                 Thu, Feb 18, 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:               $167.63
Change from prior day:                $0.02
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $210.02        $117.28         $0.03
100% lean inside round                      $260.07          $6.03         
100% lean, flats and eyes                   $259.31          $6.02         $0.02
100% lean, S.P.B.                           $258.89         $12.94       ($0.01)
Chuck Tender                                $257.19          $2.57       ($0.04)
Knuckle                   4-7 lbs.          $233.93          $5.92       ($0.01)
Tenderloin                2-3 lbs.          $508.52          $2.70         $0.04
Tenderloin                3-4 lbs.          $562.71          $4.16       ($0.01)
Ribeye Roll               4-6 lbs.          $260.11          $2.73         
Ribeye Roll               6-8 lbs.          $302.55          $2.24       ($0.01)
Ribeye Roll               8up lbs.          $314.65          $2.30         
Flank Steak                                 $338.12          $1.42         $0.01
Kidney, Edible                               $20.33          $0.09         
Fat, inedible                                $16.92          $0.39         
Bone                                          $3.51          $0.84         
--------------------------------------------------------------------------------
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                 30.93  loads --            1,237,348  pounds
Cutter/Canner Cuts                  0.68  loads --               27,363  pounds
Boner/Breaker/Cutter/Canner        18.00  loads --              720,012  pounds
100% Lean Items                    25.32  loads --            1,012,934  pounds
Frozen Cuts                         1.47  loads --               58,947  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  139,349   $285.57     ($0.68)
112   Rib, ribeye roll, 10-up lbs.            81  101,442   $311.31     ($7.01)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      30   41,570   $378.58     ($2.97)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      19   79,963   $393.41       $6.01
      Chuck, boneless 85%                      5   63,000   $196.51       
120   Chuck, brisket                          26  123,883   $205.20     ($0.46)
168   Round, top inside, 10-dn lbs.            5    6,483   $238.08
168   Round, top inside, 10-up lbs.           16   55,527   $241.59     ($2.17)
169A  Round, top inside c-off, 8-10 lbs.       3   24,334   $274.23       
169A  Round, top inside c-off, 10-14 lbs.     28  163,641   $275.79       $0.24
169A  Round, top inside c-off, 14-up lbs.      3   12,468   $275.37       
171B  Round, outside round                     4   27,260   $257.36     ($0.92)
171C  Round, eye of round                     28   47,590   $258.61     ($1.94)
      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  140,673   $208.88     ($0.96)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  39   76,554   $229.71       $0.04
185A  Loin, bottom sirloin butt flap, bnls.   44  132,185   $321.14     ($8.28)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              20   15,490   $303.66     ($0.70)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     9  143,831   $256.76       $0.54
      Inside round - Boxed                    27   38,869   $272.29       $0.16
      Outside round                            8   65,496   $259.98     ($0.30)
      Eye of round                            23   50,752   $261.98       $0.10
      Flats and eyes - Combo                  14  230,004   $258.54       $0.79
      Flats and eyes - Boxed                            
      Striploin                               62  197,288   $377.61     ($1.55)
      S.P.B. - Combo                          16  286,694   $258.89     ($0.10)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     27   63,537   $257.19     ($3.45)
167A  Round, knuckle, peeled                  14   80,901   $233.93     ($0.52)
190   Loin, tenderloin, 2-3 lbs.              20   39,985   $508.52       $6.45
190   Loin, tenderloin, 3-4 lbs.              29   69,090   $562.71     ($0.81)
190   Loin, tenderloin, 4-5 lbs.             129  192,882   $567.88       $1.58
190   Loin, tenderloin, 5-up lbs.             38   98,241   $556.98     ($1.05)
193   Flank, flank steak                      99  111,576   $336.75       $1.66
      Flank, rough                            33   63,800   $229.58     ($0.42)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   12,410   $320.35       
112   Rib, ribeye roll, 8-10 lbs.              3   10,945   $295.67       
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.
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                       3    7,685   $358.00       $1.76
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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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