Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 4/13/2016

Past Market Reports

Report Date: 4/13/2016

LM_XB405
Des Moines, IA                 Wed, Apr 13, 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:               $173.73
Change from prior day:                $0.21
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.17        $121.83         $0.10
100% lean inside round                      $306.44          $7.11         $0.08
100% lean, flats and eyes                   $265.47          $6.16         
100% lean, S.P.B.                           $267.41         $13.37         
Chuck Tender                                $206.58          $2.07         $0.03
Knuckle                   4-7 lbs.          $241.72          $6.12         $0.02
Tenderloin                2-3 lbs.          $476.22          $2.52       ($0.01)
Tenderloin                3-4 lbs.          $522.34          $3.87         $0.01
Ribeye Roll               4-6 lbs.          $260.00          $2.73         
Ribeye Roll               6-8 lbs.          $282.97          $2.09         
Ribeye Roll               8up lbs.          $295.68          $2.16         
Flank Steak                                 $399.56          $1.68       ($0.02)
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                 38.84  loads --            1,553,548  pounds
Cutter/Canner Cuts                  0.91  loads --               36,452  pounds
Boner/Breaker/Cutter/Canner        20.97  loads --              838,722  pounds
100% Lean Items                    18.20  loads --              727,940  pounds
Frozen Cuts                         1.39  loads --               55,782  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   15,338   $281.50     ($0.95)
112   Rib, ribeye roll, 8-10 lbs.             26   78,616   $277.03     ($3.78)
112   Rib, ribeye roll, 10-up lbs.            89  137,146   $289.59     ($0.50)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      22   53,277   $422.89     ($3.17)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      16   74,815   $444.00     ($6.84)
      Chuck, boneless 85%                      7  147,000   $205.18       $0.01
120   Chuck, brisket                          27  138,515   $181.40       $0.43
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           22   73,558   $235.14     ($3.78)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     36  290,559   $300.73     ($2.08)
169A  Round, top inside c-off, 14-up lbs.      8   73,091   $300.45     ($1.05)
171B  Round, outside round                     3   36,840   $261.73     ($0.07)
171C  Round, eye of round                     32   51,834   $254.32       $3.96
      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.            37  142,248   $234.19       $5.52
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  29  103,247   $212.88       $0.49
185A  Loin, bottom sirloin butt flap, bnls.   48  120,800   $354.81       $2.87
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              28   24,827   $282.97       $0.30
112   Rib, ribeye roll, 8-up lbs.              4   11,625   $295.68       
100% LEAN
      Inside round - Combo                     5   40,843   $297.45       $2.14
      Inside round - Boxed                    30   64,391   $312.15       $0.77
      Outside round                            4   51,998   $266.55       $0.14
      Eye of round                            26   92,132   $263.51     ($0.70)
      Flats and eyes - Combo                  10   94,047   $266.80       
      Flats and eyes - Boxed                            
      Striploin                               56  188,502   $363.37     ($0.10)
      S.P.B. - Combo                          17  196,027   $267.41       
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     34  171,618   $206.58       $2.19
167A  Round, knuckle, peeled                  17   91,712   $241.72       $0.56
190   Loin, tenderloin, 2-3 lbs.              20   32,612   $476.22     ($0.94)
190   Loin, tenderloin, 3-4 lbs.              35   67,811   $529.68       $0.66
190   Loin, tenderloin, 4-5 lbs.             147  245,650   $570.29     ($2.15)
190   Loin, tenderloin, 5-up lbs.             41   29,034   $578.42       $7.98
193   Flank, flank steak                      89   96,595   $407.38     ($0.92)
      Flank, rough                            51  103,690   $257.23     ($8.96)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   30,455   $279.87      $12.17
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                       6    8,162   $306.93       $6.74
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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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