Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 4/15/2016

Past Market Reports

Report Date: 4/15/2016

LM_XB405
Des Moines, IA                 Fri, Apr 15, 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:               $174.70
Change from prior day:                $1.49
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $220.09        $122.90         $1.46
100% lean inside round                      $302.77          $7.02         
100% lean, flats and eyes                   $268.63          $6.23         $0.03
100% lean, S.P.B.                           $267.58         $13.38         
Chuck Tender                                $220.61          $2.21         $0.13
Knuckle                   4-7 lbs.          $242.74          $6.14         $0.02
Tenderloin                2-3 lbs.          $471.46          $2.50         
Tenderloin                3-4 lbs.          $523.74          $3.88         $0.01
Ribeye Roll               4-6 lbs.          $250.64          $2.63       ($0.10)
Ribeye Roll               6-8 lbs.          $269.82          $2.00       ($0.03)
Ribeye Roll               8up lbs.          $295.48          $2.16         
Flank Steak                                 $388.90          $1.63       ($0.03)
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                 35.02  loads --            1,400,781  pounds
Cutter/Canner Cuts                  2.52  loads --              100,656  pounds
Boner/Breaker/Cutter/Canner        18.20  loads --              727,800  pounds
100% Lean Items                    17.45  loads --              698,194  pounds
Frozen Cuts                         1.65  loads --               66,199  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10   10,643   $282.27       $0.38
112   Rib, ribeye roll, 8-10 lbs.             21   70,622   $279.73       $1.81
112   Rib, ribeye roll, 10-up lbs.            92  172,807   $287.01       $0.84
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      24   55,904   $424.92     ($3.42)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      16   67,779   $441.95     ($0.81)
      Chuck, boneless 85%                     13  150,092   $205.08     ($0.13)
120   Chuck, brisket                          25   95,867   $183.30     ($0.63)
168   Round, top inside, 10-dn lbs.            3    5,635   $208.65       
168   Round, top inside, 10-up lbs.           19   65,214   $236.95       $1.26
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     34  233,961   $303.61       $0.27
169A  Round, top inside c-off, 14-up lbs.      6   51,751   $301.04       $0.60
171B  Round, outside round                     7   51,315   $263.54     ($0.01)
171C  Round, eye of round                     31   46,727   $254.95       $3.57
      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  103,400   $231.51       $3.08
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  28   94,075   $215.28       $1.47
185A  Loin, bottom sirloin butt flap, bnls.   48  113,758   $359.41       $7.06
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              32   76,725   $269.82     ($4.43)
112   Rib, ribeye roll, 8-up lbs.              5   11,705   $295.48       
100% LEAN
      Inside round - Combo                     6   61,843   $298.31       
      Inside round - Boxed                    27   56,143   $307.69       $0.24
      Outside round                            4   51,957   $266.67       
      Eye of round                            17   39,953   $272.01       $2.77
      Flats and eyes - Combo                  13  110,076   $268.34       $1.54
      Flats and eyes - Boxed                            
      Striploin                               56  174,423   $363.45       $0.23
      S.P.B. - Combo                          20  203,799   $267.58       
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32  126,616   $220.61      $12.13
167A  Round, knuckle, peeled                  16   77,169   $242.74       $0.76
190   Loin, tenderloin, 2-3 lbs.              19   25,669   $471.46       $0.63
190   Loin, tenderloin, 3-4 lbs.              40   63,084   $531.94       $1.00
190   Loin, tenderloin, 4-5 lbs.             141  203,933   $578.84       $2.11
190   Loin, tenderloin, 5-up lbs.             42   31,415   $579.96     ($0.10)
193   Flank, flank steak                      95   91,360   $396.27     ($7.76)
      Flank, rough                            56  108,554   $257.65     ($4.81)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   29,810   $269.44     ($2.46)
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    8,215   $306.87     ($0.06)
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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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