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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 3/10/2016

LM_XB405
Des Moines, IA                 Thu, Mar 10, 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:               $173.66
Change from prior day:                $0.80
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $217.60        $121.51       ($0.38)
100% lean inside round                      $279.70          $6.49       ($0.01)
100% lean, flats and eyes                   $259.74          $6.03       ($0.07)
100% lean, S.P.B.                           $285.63         $14.28         $1.25
Chuck Tender                                $241.16          $2.41       ($0.01)
Knuckle                   4-7 lbs.          $244.56          $6.19         $0.02
Tenderloin                2-3 lbs.          $472.42          $2.50         
Tenderloin                3-4 lbs.          $564.78          $4.18         $0.02
Ribeye Roll               4-6 lbs.          $263.00          $2.76         
Ribeye Roll               6-8 lbs.          $281.46          $2.08       ($0.01)
Ribeye Roll               8up lbs.          $285.00          $2.08         
Flank Steak                                 $360.46          $1.51       ($0.01)
Kidney, Edible                               $17.91          $0.08         
Fat, inedible                                $17.59          $0.41         
Bone                                          $4.79          $1.15         
--------------------------------------------------------------------------------
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                 31.12  loads --            1,244,678  pounds
Cutter/Canner Cuts                  0.87  loads --               34,669  pounds
Boner/Breaker/Cutter/Canner        19.85  loads --              794,036  pounds
100% Lean Items                    27.43  loads --            1,097,050  pounds
Frozen Cuts                         1.84  loads --               73,678  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   12,300   $288.58       $0.01
112   Rib, ribeye roll, 8-10 lbs.             30   58,314   $297.40       $1.49
112   Rib, ribeye roll, 10-up lbs.            82  102,952   $303.37     ($0.08)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      14   20,628   $455.69     ($5.08)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      19   67,157   $450.37     ($0.86)
      Chuck, boneless 85%                      5   63,000   $205.94       
120   Chuck, brisket                          24   56,825   $188.92     ($2.63)
168   Round, top inside, 10-dn lbs.            6   18,578   $234.20       $0.46
168   Round, top inside, 10-up lbs.           17   67,133   $236.31     ($0.46)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     19  152,573   $284.23       $0.11
169A  Round, top inside c-off, 14-up lbs.      5   30,945   $287.44       $0.08
171B  Round, outside round                     5   52,900   $255.23     ($0.15)
171C  Round, eye of round                     37   77,659   $244.81       $0.54
      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.            26   58,515   $255.68       $1.17
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  39  180,335   $239.52       $2.67
185A  Loin, bottom sirloin butt flap, bnls.   45  213,137   $301.84       $3.14
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              23   31,964   $288.35     ($0.03)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     6  153,792   $274.12       
      Inside round - Boxed                    32   56,076   $294.99       $0.63
      Outside round                            3   28,363   $259.75     ($0.09)
      Eye of round                            19   46,658   $253.51    ($14.30)
      Flats and eyes - Combo                  12  228,868   $261.01     ($0.08)
      Flats and eyes - Boxed                            
      Striploin                               72  296,930   $367.06     ($0.82)
      S.P.B. - Combo                          14  286,363   $285.63      $25.04
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     38  165,239   $241.16     ($0.50)
167A  Round, knuckle, peeled                  11   37,295   $244.56       $0.88
190   Loin, tenderloin, 2-3 lbs.              15   27,783   $472.42       $0.19
190   Loin, tenderloin, 3-4 lbs.              30   77,955   $564.78       $2.67
190   Loin, tenderloin, 4-5 lbs.             140  191,679   $583.39       $4.34
190   Loin, tenderloin, 5-up lbs.             44   78,321   $585.63     ($0.40)
193   Flank, flank steak                      97  108,106   $364.66     ($2.63)
      Flank, rough                            53  107,658   $254.24       $9.49
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              3    9,100   $295.31       
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.             4   21,840   $273.00       
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                       6   15,953   $331.95     ($0.15)
--------------------------------------------------------------------------------
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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