Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 4/12/2016

Past Market Reports

Report Date: 4/12/2016

LM_XB405
Des Moines, IA                 Tue, Apr 12, 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:               $173.52
Change from prior day:              ($1.23)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.00        $121.73       ($1.12)
100% lean inside round                      $302.99          $7.03         
100% lean, flats and eyes                   $265.66          $6.16         $0.02
100% lean, S.P.B.                           $267.41         $13.37         $0.01
Chuck Tender                                $204.39          $2.04         
Knuckle                   4-7 lbs.          $241.16          $6.10       ($0.01)
Tenderloin                2-3 lbs.          $477.16          $2.53       ($0.05)
Tenderloin                3-4 lbs.          $521.58          $3.86       ($0.14)
Ribeye Roll               4-6 lbs.          $260.00          $2.73         
Ribeye Roll               6-8 lbs.          $282.67          $2.09         
Ribeye Roll               8up lbs.          $295.68          $2.16         $0.01
Flank Steak                                 $403.61          $1.70         $0.05
Kidney, Edible                               $20.45          $0.09         
Fat, inedible                                $20.27          $0.47         
Bone                                          $6.10          $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                 41.97  loads --            1,678,839  pounds
Cutter/Canner Cuts                  0.88  loads --               35,221  pounds
Boner/Breaker/Cutter/Canner        20.38  loads --              815,017  pounds
100% Lean Items                    21.53  loads --              861,299  pounds
Frozen Cuts                         1.11  loads --               44,490  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9    9,595   $282.45       $0.19
112   Rib, ribeye roll, 8-10 lbs.             30   87,660   $280.81       $0.66
112   Rib, ribeye roll, 10-up lbs.            86  124,681   $290.09       $2.24
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   48,786   $426.06    ($31.55)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      12   55,960   $450.84    ($40.42)
      Chuck, boneless 85%                      8  149,100   $205.17     ($0.06)
120   Chuck, brisket                          24  136,985   $180.97     ($0.47)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           18   52,896   $238.92       $5.41
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     38  337,597   $302.81     ($3.60)
169A  Round, top inside c-off, 14-up lbs.      8   72,257   $301.50     ($0.54)
171B  Round, outside round                     4   38,840   $261.80       
171C  Round, eye of round                     37   62,636   $250.36     ($0.17)
      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.            34  153,690   $228.67    ($18.30)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  34  170,302   $212.39       $1.04
185A  Loin, bottom sirloin butt flap, bnls.   57  161,260   $351.94      $38.65
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              28   23,596   $282.67     ($0.40)
112   Rib, ribeye roll, 8-up lbs.              4   11,625   $295.68
100% LEAN
      Inside round - Combo                     6   70,555   $295.31       
      Inside round - Boxed                    30   64,523   $311.38       $0.64
      Outside round                            7   65,102   $266.41       $0.91
      Eye of round                            30  106,986   $264.21       $0.80
      Flats and eyes - Combo                   7   92,000   $266.80       $0.77
      Flats and eyes - Boxed                            
      Striploin                               57  190,447   $363.47     ($0.15)
      S.P.B. - Combo                          18  271,686   $267.41       $0.27
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32  147,219   $204.39       $0.11
167A  Round, knuckle, peeled                  16   79,283   $241.16     ($0.33)
190   Loin, tenderloin, 2-3 lbs.              14   24,766   $477.16     ($9.66)
190   Loin, tenderloin, 3-4 lbs.              34   65,439   $529.02    ($12.12)
190   Loin, tenderloin, 4-5 lbs.             135  223,823   $572.44       $4.14
190   Loin, tenderloin, 5-up lbs.             42   34,471   $570.44     ($7.46)
193   Flank, flank steak                      85   93,460   $408.30       $5.84
      Flank, rough                            55  146,556   $266.19       $1.56
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4   23,085   $267.70    ($12.15)
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                       5    4,240   $300.19    ($11.53)
--------------------------------------------------------------------------------
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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