Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 4/22/2016

Past Market Reports

Report Date: 4/22/2016

LM_XB405
Des Moines, IA                 Fri, Apr 22, 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:               $174.07
Change from prior day:                $0.34
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $219.45        $122.54         $0.21
100% lean inside round                      $303.62          $7.04       ($0.01)
100% lean, flats and eyes                   $271.45          $6.30         $0.03
100% lean, S.P.B.                           $260.26         $13.01       ($0.02)
Chuck Tender                                $224.59          $2.25         
Knuckle                   4-7 lbs.          $244.26          $6.18         $0.05
Tenderloin                2-3 lbs.          $477.15          $2.53         $0.04
Tenderloin                3-4 lbs.          $531.42          $3.93         $0.01
Ribeye Roll               4-6 lbs.          $247.76          $2.60       ($0.03)
Ribeye Roll               6-8 lbs.          $276.56          $2.05         $0.04
Ribeye Roll               8up lbs.          $280.00          $2.04         
Flank Steak                                 $379.23          $1.59         $0.02
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                 31.56  loads --            1,262,416  pounds
Cutter/Canner Cuts                  1.16  loads --               46,233  pounds
Boner/Breaker/Cutter/Canner        17.33  loads --              693,197  pounds
100% Lean Items                    24.27  loads --              970,773  pounds
Frozen Cuts                         2.09  loads --               83,402  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9    8,479   $285.07       $0.27
112   Rib, ribeye roll, 8-10 lbs.             57  101,863   $291.72     ($1.82)
112   Rib, ribeye roll, 10-up lbs.            77  166,177   $292.41     ($0.12)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      19   33,998   $403.68     ($7.98)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      20   64,776   $431.71     ($1.09)
      Chuck, boneless 85%                      6  105,000   $205.16       $0.18
120   Chuck, brisket                          32  118,067   $186.32     ($0.51)
168   Round, top inside, 10-dn lbs.            4   20,252   $231.10       
168   Round, top inside, 10-up lbs.           20   69,007   $233.23     ($0.99)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     23  171,310   $299.22     ($0.14)
169A  Round, top inside c-off, 14-up lbs.      6   50,346   $304.17       $3.73
171B  Round, outside round                     4   38,840   $262.11       $0.34
171C  Round, eye of round                     33   53,981   $259.94       $0.52
      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.            29   74,294   $239.93       $4.62
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  21   79,113   $228.53       $0.20
185A  Loin, bottom sirloin butt flap, bnls.   53  106,633   $364.18       $6.65
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              22   41,885   $276.56       $5.27
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     6   82,516   $300.94     ($0.28)
      Inside round - Boxed                    33   36,708   $309.62       $0.80
      Outside round                            6   42,439   $267.93       
      Eye of round                            23   77,142   $278.23       $3.86
      Flats and eyes - Combo                   8  102,632   $267.80     ($1.29)
      Flats and eyes - Boxed                            
      Striploin                               68  399,124   $356.14     ($2.46)
      S.P.B. - Combo                          19  230,212   $260.26     ($0.39)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33  103,822   $224.59     ($0.85)
167A  Round, knuckle, peeled                  13   60,757   $244.26       $2.00
190   Loin, tenderloin, 2-3 lbs.              17   18,893   $477.59       $6.99
190   Loin, tenderloin, 3-4 lbs.              35   70,631   $531.42       $1.06
190   Loin, tenderloin, 4-5 lbs.             160  183,505   $585.01     ($0.21)
190   Loin, tenderloin, 5-up lbs.             45   78,820   $549.39     ($0.34)
193   Flank, flank steak                      95   87,608   $391.01       $6.72
      Flank, rough                            54   89,161   $258.68       $3.43
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   50,407   $274.59       $0.98
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   14,257   $306.85       $0.75
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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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