Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 4/5/2016

Past Market Reports

Report Date: 4/5/2016

LM_XB405
Des Moines, IA                 Tue, Apr 05, 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:               $175.02
Change from prior day:                $0.85
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $220.13        $122.92         $0.88
100% lean inside round                      $299.52          $6.95       ($0.05)
100% lean, flats and eyes                   $264.22          $6.13         
100% lean, S.P.B.                           $265.73         $13.29         $0.03
Chuck Tender                                $221.62          $2.22         
Knuckle                   4-7 lbs.          $247.69          $6.27         $0.01
Tenderloin                2-3 lbs.          $483.08          $2.56       ($0.01)
Tenderloin                3-4 lbs.          $554.72          $4.10       ($0.04)
Ribeye Roll               4-6 lbs.          $260.00          $2.73         
Ribeye Roll               6-8 lbs.          $282.72          $2.09         $0.01
Ribeye Roll               8up lbs.          $295.74          $2.16         
Flank Steak                                 $375.45          $1.58         $0.02
Kidney, Edible                               $18.71          $0.09         
Fat, inedible                                $20.27          $0.47         
Bone                                          $6.09          $1.46         
--------------------------------------------------------------------------------
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                 33.37  loads --            1,334,870  pounds
Cutter/Canner Cuts                  1.46  loads --               58,217  pounds
Boner/Breaker/Cutter/Canner        15.79  loads --              631,796  pounds
100% Lean Items                    20.86  loads --              834,294  pounds
Frozen Cuts                         4.58  loads --              183,149  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.             25   47,119   $280.01    ($12.64)
112   Rib, ribeye roll, 10-up lbs.            96  175,231   $285.41     ($0.97)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      14   14,312   $461.41     ($4.91)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      17   52,564   $501.04       $8.38
      Chuck, boneless 85%                      7  117,600   $206.64     ($1.69)
120   Chuck, brisket                          26   93,188   $188.13     ($6.58)
168   Round, top inside, 10-dn lbs.            5   14,319   $223.00       $6.78
168   Round, top inside, 10-up lbs.           16   70,195   $232.16     ($8.30)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     38  271,703   $303.80       $3.44
169A  Round, top inside c-off, 14-up lbs.      5   15,892   $296.71       
171B  Round, outside round                     5   41,103   $261.64       
171C  Round, eye of round                     27   40,600   $253.60       $2.75
      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.            23   76,697   $269.50      $11.93
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  22   65,379   $226.23     ($2.19)
185A  Loin, bottom sirloin butt flap, bnls.   51  236,868   $300.48    ($22.64)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              26   47,642   $282.72       $1.35
112   Rib, ribeye roll, 8-up lbs.              4   10,575   $295.74       $0.06
100% LEAN
      Inside round - Combo                     4   51,665   $293.54     ($6.29)
      Inside round - Boxed                    34   75,924   $303.59       $0.81
      Outside round                            5   29,847   $265.15       $0.22
      Eye of round                            25   74,003   $260.74     ($0.60)
      Flats and eyes - Combo                   9  114,096   $266.24       $0.02
      Flats and eyes - Boxed                            
      Striploin                               71  316,199   $362.37     ($1.12)
      S.P.B. - Combo                          12  172,560   $265.73       $0.50
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33  126,672   $221.62     ($0.44)
167A  Round, knuckle, peeled                  10   28,135   $247.69       $0.26
190   Loin, tenderloin, 2-3 lbs.              15   16,052   $483.08     ($2.40)
190   Loin, tenderloin, 3-4 lbs.              26   44,907   $554.72     ($4.50)
190   Loin, tenderloin, 4-5 lbs.             129  192,754   $578.13     ($2.38)
190   Loin, tenderloin, 5-up lbs.             43   70,284   $578.47      $18.76
193   Flank, flank steak                      84   83,970   $386.19       $8.75
      Flank, rough                            43   69,022   $252.92     ($0.16)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   11,186   $283.96     ($5.65)
112   Rib, ribeye roll, 8-10 lbs.              8   99,440   $250.34     ($2.59)
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.             6   16,796   $312.15       
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                       9   19,727   $329.72     ($4.82)
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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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