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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 2/22/2016

LM_XB405
Des Moines, IA                 Mon, Feb 22, 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:               $167.70
Change from prior day:                $0.11
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $210.38        $117.48         $0.31
100% lean inside round                      $262.18          $6.08       ($0.01)
100% lean, flats and eyes                   $258.13          $5.99       ($0.03)
100% lean, S.P.B.                           $259.48         $12.97         $0.02
Chuck Tender                                $253.33          $2.53       ($0.01)
Knuckle                   4-7 lbs.          $235.65          $5.96       ($0.02)
Tenderloin                2-3 lbs.          $466.03          $2.47       ($0.23)
Tenderloin                3-4 lbs.          $558.19          $4.13       ($0.03)
Ribeye Roll               4-6 lbs.          $257.76          $2.71       ($0.02)
Ribeye Roll               6-8 lbs.          $296.15          $2.19         $0.01
Ribeye Roll               8up lbs.          $315.00          $2.30         
Flank Steak                                 $345.83          $1.45         
Kidney, Edible                               $21.75          $0.10         $0.01
Fat, inedible                                $16.92          $0.39         
Bone                                          $3.94          $0.95         $0.11
--------------------------------------------------------------------------------
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                 29.10  loads --            1,163,982  pounds
Cutter/Canner Cuts                  1.14  loads --               45,727  pounds
Boner/Breaker/Cutter/Canner        19.22  loads --              768,861  pounds
100% Lean Items                    20.64  loads --              825,758  pounds
Frozen Cuts                         2.72  loads --              108,724  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8    6,676   $311.34
112   Rib, ribeye roll, 8-10 lbs.             27  131,875   $283.30       $0.84
112   Rib, ribeye roll, 10-up lbs.            75  158,145   $289.02     ($1.25)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      28   42,524   $393.30      $11.50
112A  Rib, ribeye roll-lip-on, 8-up lbs.      19   63,762   $400.47       $9.17
      Chuck, boneless 85%
120   Chuck, brisket                          25   80,265   $198.23     ($7.19)
168   Round, top inside, 10-dn lbs.            5    6,488   $238.08       
168   Round, top inside, 10-up lbs.           14   61,005   $241.61     ($1.07)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     27  171,951   $276.37       $0.12
169A  Round, top inside c-off, 14-up lbs.      4   13,669   $275.33       
171B  Round, outside round                     4   30,300   $256.45     ($0.71)
171C  Round, eye of round                     28   53,032   $259.46       $1.03
      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.            17   60,660   $236.35      $29.71
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  27   59,450   $233.87     ($0.45)
185A  Loin, bottom sirloin butt flap, bnls.   42  189,899   $300.70    ($12.44)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              22   24,838   $296.83       $1.37
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     8   96,571   $258.04     ($0.73)
      Inside round - Boxed                    29   35,162   $273.57       $0.44
      Outside round                            5   25,620   $251.56     ($8.53)
      Eye of round                            27   77,079   $257.88     ($1.73)
      Flats and eyes - Combo                  12  167,664   $259.24       $0.19
      Flats and eyes - Boxed                            
      Striploin                               62  222,237   $376.48     ($0.97)
      S.P.B. - Combo                          14  201,425   $259.48       $0.53
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32  108,966   $253.33     ($1.05)
167A  Round, knuckle, peeled                  18   97,576   $235.65     ($0.89)
190   Loin, tenderloin, 2-3 lbs.              13   12,241   $466.03    ($43.30)
190   Loin, tenderloin, 3-4 lbs.              22   35,998   $558.19     ($4.28)
190   Loin, tenderloin, 4-5 lbs.             132  201,152   $578.62      $11.17
190   Loin, tenderloin, 5-up lbs.             40  125,291   $558.27       $2.62
193   Flank, flank steak                      92  100,211   $345.57       $1.78
      Flank, rough                            39   87,426   $229.81     ($0.34)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.
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.      3    8,086   $251.99
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.               6   49,600   $561.81
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak
--------------------------------------------------------------------------------
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
1530C

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