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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 4/20/2016

LM_XB405
Des Moines, IA                 Wed, Apr 20, 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:               $173.19
Change from prior day:              ($1.21)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $217.83        $121.64       ($0.95)
100% lean inside round                      $303.60          $7.04       ($0.04)
100% lean, flats and eyes                   $270.08          $6.27         $0.01
100% lean, S.P.B.                           $261.30         $13.06       ($0.10)
Chuck Tender                                $226.08          $2.26         $0.02
Knuckle                   4-7 lbs.          $242.40          $6.13       ($0.06)
Tenderloin                2-3 lbs.          $471.74          $2.50       ($0.04)
Tenderloin                3-4 lbs.          $545.05          $4.03       ($0.04)
Ribeye Roll               4-6 lbs.          $250.64          $2.63         
Ribeye Roll               6-8 lbs.          $270.54          $2.00         
Ribeye Roll               8up lbs.          $280.00          $2.04         
Flank Steak                                 $376.01          $1.58       ($0.01)
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                 28.65  loads --            1,146,018  pounds
Cutter/Canner Cuts                  2.63  loads --              105,166  pounds
Boner/Breaker/Cutter/Canner        16.99  loads --              679,517  pounds
100% Lean Items                    21.48  loads --              859,140  pounds
Frozen Cuts                         1.66  loads --               66,592  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9    5,320   $287.84       $4.86
112   Rib, ribeye roll, 8-10 lbs.             45   83,507   $293.79       $3.75
112   Rib, ribeye roll, 10-up lbs.            76  158,886   $286.94       $1.25
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      21   36,009   $419.88      $15.46
112A  Rib, ribeye roll-lip-on, 8-up lbs.      20   58,753   $433.09       $8.13
      Chuck, boneless 85%                     12  108,092   $205.02       
120   Chuck, brisket                          31  109,963   $187.18     ($0.14)
168   Round, top inside, 10-dn lbs.            4   20,249   $231.19     ($0.47)
168   Round, top inside, 10-up lbs.           17   51,175   $222.54    ($14.75)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     20  102,786   $301.80     ($3.55)
169A  Round, top inside c-off, 14-up lbs.      3   25,836   $301.70       $2.90
171B  Round, outside round                     7   51,315   $263.54       
171C  Round, eye of round                     37   59,962   $260.47       $0.68
      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   72,163   $247.13       $5.97
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  21   87,787   $227.97       $4.10
185A  Loin, bottom sirloin butt flap, bnls.   57  113,935   $359.39       $4.89
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              25   90,210   $270.54       $0.95
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     7  109,361   $300.99     ($0.27)
      Inside round - Boxed                    33   59,681   $308.39     ($1.33)
      Outside round                            6   42,439   $267.93       
      Eye of round                            17   53,451   $274.00       $0.92
      Flats and eyes - Combo                  11  118,661   $269.09       $0.04
      Flats and eyes - Boxed                            
      Striploin                               62  257,089   $359.05     ($2.75)
      S.P.B. - Combo                          19  218,458   $261.30     ($1.84)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30  100,577   $226.08       $1.94
167A  Round, knuckle, peeled                  14   57,677   $242.40     ($2.09)
190   Loin, tenderloin, 2-3 lbs.              14   16,820   $471.74     ($6.63)
190   Loin, tenderloin, 3-4 lbs.              37   48,256   $545.05     ($4.36)
190   Loin, tenderloin, 4-5 lbs.             156  178,942   $585.06       $1.36
190   Loin, tenderloin, 5-up lbs.             46   74,980   $549.74    ($29.20)
193   Flank, flank steak                     103   94,289   $386.32     ($3.31)
      Flank, rough                            53  107,976   $255.37       $1.08
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              8   23,460   $256.01    ($17.63)
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   13,727   $305.16     ($3.60)
--------------------------------------------------------------------------------
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
1530C

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