Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 3/30/2016

Past Market Reports

Report Date: 3/30/2016

LM_XB405
Des Moines, IA                 Wed, Mar 30, 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:               $173.29
Change from prior day:              ($0.83)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $217.43        $121.41       ($0.73)
100% lean inside round                      $301.23          $6.99         $0.05
100% lean, flats and eyes                   $265.76          $6.17         $0.01
100% lean, S.P.B.                           $264.60         $13.23       ($0.01)
Chuck Tender                                $229.38          $2.29       ($0.04)
Knuckle                   4-7 lbs.          $243.62          $6.16         
Tenderloin                2-3 lbs.          $494.45          $2.62       ($0.12)
Tenderloin                3-4 lbs.          $564.50          $4.18         
Ribeye Roll               4-6 lbs.          $253.69          $2.66         $0.03
Ribeye Roll               6-8 lbs.          $273.41          $2.02       ($0.01)
Ribeye Roll               8up lbs.          $295.68          $2.16         
Flank Steak                                 $365.50          $1.54       ($0.01)
Kidney, Edible                               $20.40          $0.09         
Fat, inedible                                $20.27          $0.47         
Bone                                          $5.43          $1.30         
--------------------------------------------------------------------------------
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                 30.74  loads --            1,229,742  pounds
Cutter/Canner Cuts                  2.77  loads --              110,953  pounds
Boner/Breaker/Cutter/Canner        17.10  loads --              683,830  pounds
100% Lean Items                    16.18  loads --              647,061  pounds
Frozen Cuts                         1.97  loads --               78,633  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.             33   60,533   $293.61       $5.33
112   Rib, ribeye roll, 10-up lbs.            83  147,552   $292.21       $2.82
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      12   15,386   $484.92     ($2.30)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   16,717   $470.35       $4.15
      Chuck, boneless 85%                      7   58,800   $207.32       $0.14
120   Chuck, brisket                          31  100,338   $196.18       $1.41
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           20   71,560   $232.60     ($3.66)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     29  189,799   $299.24       $0.45
169A  Round, top inside c-off, 14-up lbs.      3   17,167   $298.84     ($4.14)
171B  Round, outside round                     7   72,970   $261.54       $0.45
171C  Round, eye of round                     35   55,981   $253.82       $8.07
      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.            33   94,869   $234.20     ($7.98)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  31  153,068   $230.29     ($1.37)
185A  Loin, bottom sirloin butt flap, bnls.   50  167,029   $343.45       $5.40
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              34   86,351   $272.98     ($0.25)
112   Rib, ribeye roll, 8-up lbs.              4   11,625   $295.68       $0.18
100% LEAN
      Inside round - Combo                     4   46,473   $294.62     ($0.26)
      Inside round - Boxed                    22   45,601   $307.97       $0.59
      Outside round                            4   19,103   $260.28     ($0.38)
      Eye of round                            16   63,125   $271.27       $0.80
      Flats and eyes - Combo                  10  124,177   $263.80       $0.21
      Flats and eyes - Boxed                            
      Striploin                               62  171,742   $372.05       $5.19
      S.P.B. - Combo                          16  176,840   $264.60     ($0.27)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     28  102,300   $229.38     ($3.46)
167A  Round, knuckle, peeled                  16   70,121   $243.62       $0.02
190   Loin, tenderloin, 2-3 lbs.               9   13,808   $494.45    ($23.09)
190   Loin, tenderloin, 3-4 lbs.              24   38,297   $564.50     ($0.92)
190   Loin, tenderloin, 4-5 lbs.             129  173,728   $577.61     ($3.12)
190   Loin, tenderloin, 5-up lbs.             42  101,761   $563.67     ($5.42)
193   Flank, flank steak                      76   82,196   $377.09     ($2.98)
      Flank, rough                            51  101,619   $256.83       $2.79
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              3   40,380   $267.09
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                      11   29,638   $333.36       $5.49
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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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