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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 4/19/2016

LM_XB405
Des Moines, IA                 Tue, Apr 19, 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:               $174.40
Change from prior day:                $0.35
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $219.53        $122.59         $0.26
100% lean inside round                      $305.06          $7.08         $0.03
100% lean, flats and eyes                   $269.71          $6.26         $0.01
100% lean, S.P.B.                           $263.14         $13.16         $0.06
Chuck Tender                                $224.14          $2.24         $0.02
Knuckle                   4-7 lbs.          $244.49          $6.19       ($0.07)
Tenderloin                2-3 lbs.          $478.37          $2.54         $0.04
Tenderloin                3-4 lbs.          $549.41          $4.07         $0.21
Ribeye Roll               4-6 lbs.          $250.64          $2.63         
Ribeye Roll               6-8 lbs.          $269.59          $2.00       ($0.01)
Ribeye Roll               8up lbs.          $280.00          $2.04       ($0.12)
Flank Steak                                 $378.86          $1.59       ($0.08)
Kidney, Edible                               $17.75          $0.08         
Fat, inedible                                $20.60          $0.48         
Bone                                          $6.05          $1.45         
--------------------------------------------------------------------------------
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                 27.46  loads --            1,098,291  pounds
Cutter/Canner Cuts                  2.29  loads --               91,697  pounds
Boner/Breaker/Cutter/Canner        16.60  loads --              663,866  pounds
100% Lean Items                    18.03  loads --              721,324  pounds
Frozen Cuts                         1.78  loads --               71,087  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10    9,873   $282.98       $0.61
112   Rib, ribeye roll, 8-10 lbs.             40   87,878   $290.04      $11.67
112   Rib, ribeye roll, 10-up lbs.            70  159,529   $285.69     ($1.35)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      22   28,530   $404.42    ($18.44)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      19   32,852   $424.96     ($8.06)
      Chuck, boneless 85%                     12  108,092   $205.02       $0.31
120   Chuck, brisket                          32  108,131   $187.32       $1.80
168   Round, top inside, 10-dn lbs.            4   18,187   $231.66      $11.10
168   Round, top inside, 10-up lbs.           22   81,053   $237.29       $1.18
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     22  102,429   $305.35       $0.48
169A  Round, top inside c-off, 14-up lbs.      4   26,790   $298.80     ($1.29)
171B  Round, outside round                     7   51,315   $263.54       
171C  Round, eye of round                     39   59,318   $259.79       $0.86
      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.            28   72,732   $241.16      $10.61
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  20   46,185   $223.87       $0.38
185A  Loin, bottom sirloin butt flap, bnls.   52  105,217   $354.50     ($6.86)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              27   76,741   $269.59     ($0.19)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     7   67,419   $301.26       
      Inside round - Boxed                    32   55,060   $309.72       $1.61
      Outside round                            6   42,439   $267.93       $0.46
      Eye of round                            12   45,889   $273.08       $0.03
      Flats and eyes - Combo                  14  120,708   $269.05       $0.09
      Flats and eyes - Boxed                            
      Striploin                               57  183,010   $361.80     ($0.90)
      S.P.B. - Combo                          21  206,799   $263.14       $1.11
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     36  126,705   $224.14       $1.75
167A  Round, knuckle, peeled                  14   49,395   $244.49     ($2.76)
190   Loin, tenderloin, 2-3 lbs.              16   19,717   $478.37       $7.41
190   Loin, tenderloin, 3-4 lbs.              33   34,968   $549.41      $18.74
190   Loin, tenderloin, 4-5 lbs.             154  196,925   $583.70     ($0.76)
190   Loin, tenderloin, 5-up lbs.             43   38,121   $578.94       $0.41
193   Flank, flank steak                     103   98,044   $389.63    ($16.70)
      Flank, rough                            53   99,991   $254.29       $0.46
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              8   26,630   $273.64       $4.20
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   15,052   $308.76       $3.12
--------------------------------------------------------------------------------
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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