Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 2/23/2016

Past Market Reports

Report Date: 2/23/2016

LM_XB405
Des Moines, IA                 Tue, Feb 23, 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:               $168.97
Change from prior day:                $1.27
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $212.58        $118.70         $1.22
100% lean inside round                      $264.87          $6.15         $0.07
100% lean, flats and eyes                   $258.00          $5.99         
100% lean, S.P.B.                           $259.35         $12.97         
Chuck Tender                                $250.90          $2.51       ($0.02)
Knuckle                   4-7 lbs.          $237.39          $6.01         $0.05
Tenderloin                2-3 lbs.          $467.58          $2.48         $0.01
Tenderloin                3-4 lbs.          $556.36          $4.12       ($0.01)
Ribeye Roll               4-6 lbs.          $257.76          $2.71         
Ribeye Roll               6-8 lbs.          $287.40          $2.13       ($0.06)
Ribeye Roll               8up lbs.          $315.00          $2.30         
Flank Steak                                 $346.81          $1.46         $0.01
Kidney, Edible                               $21.75          $0.10         
Fat, inedible                                $16.92          $0.39         
Bone                                          $3.94          $0.95         
--------------------------------------------------------------------------------
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                 29.39  loads --            1,175,639  pounds
Cutter/Canner Cuts                  1.29  loads --               51,647  pounds
Boner/Breaker/Cutter/Canner        18.11  loads --              724,364  pounds
100% Lean Items                    19.52  loads --              780,602  pounds
Frozen Cuts                         1.96  loads --               78,248  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9    7,726   $311.16     ($0.18)
112   Rib, ribeye roll, 8-10 lbs.             28  135,017   $283.14     ($0.16)
112   Rib, ribeye roll, 10-up lbs.            79  161,806   $291.39       $2.37
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      22   26,225   $398.31       $5.01
112A  Rib, ribeye roll-lip-on, 8-up lbs.       9   22,115   $425.35      $24.88
      Chuck, boneless 85%
120   Chuck, brisket                          25   94,458   $196.46     ($1.77)
168   Round, top inside, 10-dn lbs.            5    6,859   $242.95       $4.87
168   Round, top inside, 10-up lbs.           18   62,007   $242.99       $1.38
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     29  210,372   $277.72       $1.35
169A  Round, top inside c-off, 14-up lbs.      5   20,031   $275.22     ($0.11)
171B  Round, outside round                     4   30,300   $256.45       
171C  Round, eye of round                     22   45,785   $260.94       $1.48
      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.            13   52,765   $225.55    ($10.80)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  24   64,089   $227.45     ($6.42)
185A  Loin, bottom sirloin butt flap, bnls.   44  196,956   $301.20       $0.50
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              22   30,763   $287.92     ($8.91)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     8   88,347   $259.88       $1.84
      Inside round - Boxed                    36   50,197   $273.65       $0.08
      Outside round                            5   25,620   $251.56       
      Eye of round                            30   84,585   $258.67       $0.79
      Flats and eyes - Combo                  10  148,129   $258.74     ($0.50)
      Flats and eyes - Boxed                            
      Striploin                               65  221,009   $375.20     ($1.28)
      S.P.B. - Combo                          12  162,715   $259.35     ($0.13)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     37  178,146   $250.90     ($2.43)
167A  Round, knuckle, peeled                  17   78,214   $237.39       $1.74
190   Loin, tenderloin, 2-3 lbs.              12    9,474   $467.58       $1.55
190   Loin, tenderloin, 3-4 lbs.              21   37,086   $556.36     ($1.83)
190   Loin, tenderloin, 4-5 lbs.             127  158,759   $584.40       $5.78
190   Loin, tenderloin, 5-up lbs.             41  105,105   $559.45       $1.18
193   Flank, flank steak                      86   84,386   $346.79       $1.22
      Flank, rough                            36   73,194   $229.20     ($0.61)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              3   14,900   $283.40
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.               4   49,220   $560.93     ($0.88)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak
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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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