Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 3/31/2016

Past Market Reports

Report Date: 3/31/2016

LM_XB405
Des Moines, IA                 Thu, Mar 31, 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:               $173.38
Change from prior day:                $0.09
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $217.43        $121.41         
100% lean inside round                      $300.92          $6.98       ($0.01)
100% lean, flats and eyes                   $265.26          $6.15       ($0.02)
100% lean, S.P.B.                           $265.05         $13.25         $0.02
Chuck Tender                                $228.82          $2.29         
Knuckle                   4-7 lbs.          $243.67          $6.16         
Tenderloin                2-3 lbs.          $492.63          $2.61       ($0.01)
Tenderloin                3-4 lbs.          $563.13          $4.17       ($0.01)
Ribeye Roll               4-6 lbs.          $257.76          $2.71         $0.05
Ribeye Roll               6-8 lbs.          $277.61          $2.05         $0.03
Ribeye Roll               8up lbs.          $295.68          $2.16         
Flank Steak                                 $375.97          $1.58         $0.04
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                 25.89  loads --            1,035,691  pounds
Cutter/Canner Cuts                  2.09  loads --               83,453  pounds
Boner/Breaker/Cutter/Canner        17.80  loads --              711,919  pounds
100% Lean Items                    19.08  loads --              763,255  pounds
Frozen Cuts                         2.17  loads --               86,804  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.             26   53,180   $292.73     ($0.88)
112   Rib, ribeye roll, 10-up lbs.            84  123,921   $291.45     ($0.76)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      13   15,129   $474.22    ($10.70)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   10,967   $479.46       $9.11
      Chuck, boneless 85%                      5   54,600   $207.53       $0.21
120   Chuck, brisket                          31   68,540   $194.67     ($1.51)
168   Round, top inside, 10-dn lbs.            3    2,841   $222.19
168   Round, top inside, 10-up lbs.           20   54,541   $242.72      $10.12
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     37  284,103   $299.38       $0.14
169A  Round, top inside c-off, 14-up lbs.      4   16,672   $297.09     ($1.75)
171B  Round, outside round                     4   38,840   $261.32     ($0.22)
171C  Round, eye of round                     32   44,119   $251.43     ($2.39)
      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.            22   63,393   $269.74      $35.54
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  24   51,709   $237.93       $7.64
185A  Loin, bottom sirloin butt flap, bnls.   46  145,873   $345.98       $2.53
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              27   64,318   $277.21       $4.23
112   Rib, ribeye roll, 8-up lbs.              4   11,625   $295.68       
100% LEAN
      Inside round - Combo                     6   68,208   $296.19       $1.57
      Inside round - Boxed                    25   48,901   $307.52     ($0.45)
      Outside round                            6   38,115   $263.30       $3.02
      Eye of round                            16   63,988   $269.28     ($1.99)
      Flats and eyes - Combo                  10  124,177   $263.80       
      Flats and eyes - Boxed                            
      Striploin                               62  216,870   $366.21     ($5.84)
      S.P.B. - Combo                          17  202,996   $265.05       $0.45
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     34  121,732   $228.82     ($0.56)
167A  Round, knuckle, peeled                  16   71,088   $243.67       $0.05
190   Loin, tenderloin, 2-3 lbs.              12   17,764   $492.63     ($1.82)
190   Loin, tenderloin, 3-4 lbs.              24   32,415   $563.13     ($1.37)
190   Loin, tenderloin, 4-5 lbs.             119  209,644   $576.30     ($1.31)
190   Loin, tenderloin, 5-up lbs.             47  108,777   $567.03       $3.36
193   Flank, flank steak                      73   72,909   $384.08       $6.99
      Flank, rough                            42   77,590   $258.50       $1.67
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    7,682   $294.95
112   Rib, ribeye roll, 8-10 lbs.              4   44,580   $268.59       $1.50
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.             5   16,744   $312.35
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                       7   14,798   $335.97       $2.61
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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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