Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 2/26/2016

Past Market Reports

Report Date: 2/26/2016

LM_XB405
Des Moines, IA                 Fri, Feb 26, 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:               $168.47
Change from prior day:              ($1.58)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $211.64        $118.18       ($1.51)
100% lean inside round                      $268.55          $6.23         
100% lean, flats and eyes                   $258.53          $6.00         $0.02
100% lean, S.P.B.                           $258.41         $12.92         
Chuck Tender                                $250.97          $2.51         
Knuckle                   4-7 lbs.          $235.38          $5.96       ($0.09)
Tenderloin                2-3 lbs.          $480.19          $2.55       ($0.01)
Tenderloin                3-4 lbs.          $556.31          $4.12         $0.02
Ribeye Roll               4-6 lbs.          $257.76          $2.71         
Ribeye Roll               6-8 lbs.          $278.12          $2.06         
Ribeye Roll               8up lbs.          $315.60          $2.30         
Flank Steak                                 $354.44          $1.49       ($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                 26.92  loads --            1,076,953  pounds
Cutter/Canner Cuts                  1.97  loads --               78,931  pounds
Boner/Breaker/Cutter/Canner        17.77  loads --              710,813  pounds
100% Lean Items                    21.61  loads --              864,343  pounds
Frozen Cuts                         2.38  loads --               95,051  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.             23   21,179   $312.23       $0.41
112   Rib, ribeye roll, 10-up lbs.            80   96,389   $311.07      $19.74
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      17   26,607   $404.48       $0.95
112A  Rib, ribeye roll-lip-on, 8-up lbs.      11   20,783   $445.01       $4.12
      Chuck, boneless 85%                      5   63,000   $196.82       
120   Chuck, brisket                          21   82,848   $194.96     ($0.85)
168   Round, top inside, 10-dn lbs.            4    4,260   $244.68       
168   Round, top inside, 10-up lbs.           16   50,429   $245.48     ($0.08)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     34  200,977   $283.05       $2.63
169A  Round, top inside c-off, 14-up lbs.      4   22,849   $276.52       $0.08
171B  Round, outside round                     5   40,884   $256.13     ($0.17)
171C  Round, eye of round                     29   51,284   $258.93       $0.23
      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   51,005   $238.67     ($2.02)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  32  127,004   $224.74     ($3.25)
185A  Loin, bottom sirloin butt flap, bnls.   48  203,527   $311.68     ($2.02)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              21   53,982   $278.12     ($0.59)
112   Rib, ribeye roll, 8-up lbs.              3    6,775   $315.60       
100% LEAN
      Inside round - Combo                     8   86,615   $265.73       
      Inside round - Boxed                    29   51,742   $273.26       $0.06
      Outside round                            4   23,603   $250.68       
      Eye of round                            26   64,262   $261.43       $2.85
      Flats and eyes - Combo                   8  116,563   $258.52       
      Flats and eyes - Boxed                            
      Striploin                               67  363,077   $363.16     ($3.94)
      S.P.B. - Combo                          11  158,481   $258.41     ($0.02)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     25  131,532   $250.97       $0.04
167A  Round, knuckle, peeled                  12   59,447   $235.38     ($3.33)
190   Loin, tenderloin, 2-3 lbs.              13   10,472   $480.19     ($0.78)
190   Loin, tenderloin, 3-4 lbs.              21   52,961   $556.31       $1.78
190   Loin, tenderloin, 4-5 lbs.             101  208,150   $570.19     ($1.44)
190   Loin, tenderloin, 5-up lbs.             38   85,000   $563.01     ($0.34)
193   Flank, flank steak                      86   95,748   $355.62     ($3.05)
      Flank, rough                            43   67,503   $238.27       $1.50
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              6   16,983   $305.76     ($2.11)
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.               4   49,220   $560.93       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       6   13,992   $346.31       
--------------------------------------------------------------------------------
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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