Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 3/16/2016

Past Market Reports

Report Date: 3/16/2016

LM_XB405
Des Moines, IA                 Wed, Mar 16, 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:               $173.46
Change from prior day:              ($0.37)
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Item                                          Price          Value        Change
90% lean                                    $218.08        $121.78       ($0.33)
100% lean inside round                      $291.59          $6.77         $0.05
100% lean, flats and eyes                   $266.43          $6.18         
100% lean, S.P.B.                           $262.47         $13.12       ($0.06)
Chuck Tender                                $238.30          $2.38       ($0.01)
Knuckle                   4-7 lbs.          $243.35          $6.16       ($0.01)
Tenderloin                2-3 lbs.          $508.26          $2.69         $0.01
Tenderloin                3-4 lbs.          $569.89          $4.22       ($0.02)
Ribeye Roll               4-6 lbs.          $263.00          $2.76         
Ribeye Roll               6-8 lbs.          $281.65          $2.08         $0.02
Ribeye Roll               8up lbs.          $295.70          $2.16         
Flank Steak                                 $362.85          $1.52       ($0.02)
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                 39.46  loads --            1,578,217  pounds
Cutter/Canner Cuts                  1.26  loads --               50,443  pounds
Boner/Breaker/Cutter/Canner        18.35  loads --              733,888  pounds
100% Lean Items                    21.54  loads --              861,513  pounds
Frozen Cuts                         3.80  loads --              152,027  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   25,212   $261.59     ($5.91)
112   Rib, ribeye roll, 8-10 lbs.             49   94,087   $293.49     ($3.92)
112   Rib, ribeye roll, 10-up lbs.            80  193,142   $284.82       $0.93
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      27   26,085   $471.35     ($3.97)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      13   78,133   $446.36    ($20.32)
      Chuck, boneless 85%                      5   63,000   $207.31       
120   Chuck, brisket                          23  139,722   $190.11       $5.09
168   Round, top inside, 10-dn lbs.            3    6,395   $238.20       $1.57
168   Round, top inside, 10-up lbs.           18   90,649   $237.29     ($0.75)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     41  254,568   $293.97       $2.24
169A  Round, top inside c-off, 14-up lbs.      5   18,269   $286.72     ($0.04)
171B  Round, outside round                     7   93,200   $255.16       $0.11
171C  Round, eye of round                     35   66,791   $254.00       $2.13
      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.            19  105,235   $274.09       $7.90
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  28  156,218   $243.48       $1.54
185A  Loin, bottom sirloin butt flap, bnls.   44  158,304   $288.24    ($12.19)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              30   41,423   $281.76       $0.40
112   Rib, ribeye roll, 8-up lbs.              4    9,020   $295.70
100% LEAN
      Inside round - Combo                     3   73,325   $286.52       $3.12
      Inside round - Boxed                    30   50,593   $298.95       $0.77
      Outside round                            5   42,799   $260.14       $1.52
      Eye of round                            17   75,076   $276.14     ($0.69)
      Flats and eyes - Combo                   8  116,000   $262.47       $0.04
      Flats and eyes - Boxed                            
      Striploin                               67  296,675   $365.71     ($0.90)
      S.P.B. - Combo                          13  207,045   $262.47     ($1.10)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32  135,679   $238.30     ($0.63)
167A  Round, knuckle, peeled                  17   55,858   $243.35     ($0.36)
190   Loin, tenderloin, 2-3 lbs.              20   45,035   $508.26       $2.09
190   Loin, tenderloin, 3-4 lbs.              26   47,260   $569.89     ($3.47)
190   Loin, tenderloin, 4-5 lbs.             130  165,242   $583.22     ($2.65)
190   Loin, tenderloin, 5-up lbs.             31   58,635   $566.56    ($10.43)
193   Flank, flank steak                      99  120,446   $368.36     ($3.18)
      Flank, rough                            49  105,733   $261.14       $2.54
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    9,490   $303.38
112   Rib, ribeye roll, 8-10 lbs.              4   43,100   $283.50       $8.58
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                      10   22,498   $333.34     ($1.52)
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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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