Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 4/14/2016

Past Market Reports

Report Date: 4/14/2016

LM_XB405
Des Moines, IA                 Thu, Apr 14, 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:               $173.21
Change from prior day:              ($0.52)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $217.48        $121.44       ($0.39)
100% lean inside round                      $302.54          $7.02       ($0.09)
100% lean, flats and eyes                   $267.36          $6.20         $0.04
100% lean, S.P.B.                           $267.58         $13.38         $0.01
Chuck Tender                                $208.48          $2.08         $0.01
Knuckle                   4-7 lbs.          $241.98          $6.12         
Tenderloin                2-3 lbs.          $470.83          $2.50       ($0.02)
Tenderloin                3-4 lbs.          $523.00          $3.87         
Ribeye Roll               4-6 lbs.          $260.00          $2.73         
Ribeye Roll               6-8 lbs.          $274.25          $2.03       ($0.06)
Ribeye Roll               8up lbs.          $295.48          $2.16         
Flank Steak                                 $396.22          $1.66       ($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                 39.47  loads --            1,578,947  pounds
Cutter/Canner Cuts                  1.23  loads --               49,342  pounds
Boner/Breaker/Cutter/Canner        19.20  loads --              767,878  pounds
100% Lean Items                    17.30  loads --              691,801  pounds
Frozen Cuts                         1.60  loads --               64,182  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10   10,713   $281.89       $0.39
112   Rib, ribeye roll, 8-10 lbs.             25   77,867   $277.92       $0.89
112   Rib, ribeye roll, 10-up lbs.            98  186,607   $286.17     ($3.42)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      25   58,267   $428.34       $5.45
112A  Rib, ribeye roll-lip-on, 8-up lbs.      17   77,937   $442.76     ($1.24)
      Chuck, boneless 85%                     12  149,431   $205.21       $0.03
120   Chuck, brisket                          28  103,572   $183.93       $2.53
168   Round, top inside, 10-dn lbs.            3    5,635   $208.65
168   Round, top inside, 10-up lbs.           22   72,332   $235.69       $0.55
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     33  234,433   $303.34       $2.61
169A  Round, top inside c-off, 14-up lbs.      9   73,727   $300.44     ($0.01)
171B  Round, outside round                     7   51,315   $263.55       $1.82
171C  Round, eye of round                     33   48,598   $251.38     ($2.94)
      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.            44  170,517   $228.43     ($5.76)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  29  103,248   $213.81       $0.93
185A  Loin, bottom sirloin butt flap, bnls.   53  143,517   $352.35     ($2.46)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              30   37,637   $274.25     ($8.72)
112   Rib, ribeye roll, 8-up lbs.              5   11,705   $295.48     ($0.20)
100% LEAN
      Inside round - Combo                     6   61,843   $298.31       $0.86
      Inside round - Boxed                    29   53,236   $307.45     ($4.70)
      Outside round                            4   51,957   $266.67       $0.12
      Eye of round                            18   46,896   $269.24       $5.73
      Flats and eyes - Combo                  11   94,076   $266.80       
      Flats and eyes - Boxed                            
      Striploin                               60  187,740   $363.22     ($0.15)
      S.P.B. - Combo                          18  196,053   $267.58       $0.17
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     36  185,160   $208.48       $1.90
167A  Round, knuckle, peeled                  18   82,836   $241.98       $0.26
190   Loin, tenderloin, 2-3 lbs.              18   24,418   $470.83     ($5.39)
190   Loin, tenderloin, 3-4 lbs.              38   63,951   $530.94       $1.26
190   Loin, tenderloin, 4-5 lbs.             141  208,121   $576.73       $6.44
190   Loin, tenderloin, 5-up lbs.             43   31,395   $580.06       $1.64
193   Flank, flank steak                      92   93,347   $404.03     ($3.35)
      Flank, rough                            49   78,650   $262.46       $5.23
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              6   38,855   $271.90     ($7.97)
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       
--------------------------------------------------------------------------------
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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