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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 4/7/2016

LM_XB405
Des Moines, IA                 Thu, Apr 07, 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:               $173.57
Change from prior day:              ($1.64)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $217.63        $121.52       ($1.64)
100% lean inside round                      $300.73          $6.98         $0.03
100% lean, flats and eyes                   $263.41          $6.11       ($0.03)
100% lean, S.P.B.                           $266.25         $13.31         $0.02
Chuck Tender                                $217.38          $2.17       ($0.02)
Knuckle                   4-7 lbs.          $246.78          $6.24       ($0.03)
Tenderloin                2-3 lbs.          $486.00          $2.58         $0.02
Tenderloin                3-4 lbs.          $548.02          $4.06       ($0.03)
Ribeye Roll               4-6 lbs.          $260.00          $2.73         
Ribeye Roll               6-8 lbs.          $282.59          $2.09         
Ribeye Roll               8up lbs.          $295.00          $2.15         
Flank Steak                                 $382.40          $1.61         $0.04
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                 33.88  loads --            1,355,021  pounds
Cutter/Canner Cuts                  1.41  loads --               56,231  pounds
Boner/Breaker/Cutter/Canner        16.58  loads --              663,191  pounds
100% Lean Items                    24.70  loads --              987,861  pounds
Frozen Cuts                         3.74  loads --              149,669  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.             27   55,024   $284.99       $0.15
112   Rib, ribeye roll, 10-up lbs.            92  158,900   $286.88       $1.68
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      11    7,063   $453.69     ($7.49)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      17   52,560   $496.49     ($4.29)
      Chuck, boneless 85%                      7  107,100   $206.45     ($0.15)
120   Chuck, brisket                          23  110,503   $182.61     ($3.51)
168   Round, top inside, 10-dn lbs.            4   12,540   $223.23       $0.23
168   Round, top inside, 10-up lbs.           13   56,104   $234.38     ($0.73)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     27  257,004   $306.92     ($0.03)
169A  Round, top inside c-off, 14-up lbs.      3      934   $301.71       $2.77
171B  Round, outside round                     4   40,840   $261.58       $1.97
171C  Round, eye of round                     32   56,672   $255.09       $2.68
      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.            18   66,603   $271.42       $4.23
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  24  121,599   $215.00     ($2.76)
185A  Loin, bottom sirloin butt flap, bnls.   53  245,260   $306.17       $4.30
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              31   53,531   $282.59       $0.12
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     6   79,860   $293.06     ($3.30)
      Inside round - Boxed                    35   97,172   $307.03       $3.70
      Outside round                            6   23,873   $264.41     ($1.36)
      Eye of round                            34  115,492   $260.42     ($1.34)
      Flats and eyes - Combo                   8  114,000   $266.23       
      Flats and eyes - Boxed                            
      Striploin                               62  331,464   $362.07       $0.08
      S.P.B. - Combo                          14  226,000   $266.25       $0.37
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     26   77,571   $217.38     ($1.72)
167A  Round, knuckle, peeled                   9   30,274   $246.78     ($0.90)
190   Loin, tenderloin, 2-3 lbs.              16   21,684   $486.00       $3.45
190   Loin, tenderloin, 3-4 lbs.              26   51,962   $548.02     ($4.16)
190   Loin, tenderloin, 4-5 lbs.             133  189,040   $569.79     ($9.85)
190   Loin, tenderloin, 5-up lbs.             44   76,556   $570.22     ($3.68)
193   Flank, flank steak                      79   83,827   $391.34       $5.98
      Flank, rough                            53  132,277   $260.87     ($7.08)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   96,235   $249.10     ($1.05)
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                       7   10,812   $313.10     ($5.58)
--------------------------------------------------------------------------------
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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