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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 4/26/2016

LM_XB405
Des Moines, IA                 Tue, Apr 26, 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:               $174.35
Change from prior day:                $0.24
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $219.57        $122.61         
100% lean inside round                      $300.35          $6.97       ($0.04)
100% lean, flats and eyes                   $273.28          $6.34         $0.02
100% lean, S.P.B.                           $261.66         $13.08         $0.01
Chuck Tender                                $221.14          $2.21       ($0.03)
Knuckle                   4-7 lbs.          $243.97          $6.17         $0.04
Tenderloin                2-3 lbs.          $483.79          $2.56         $0.01
Tenderloin                3-4 lbs.          $531.99          $3.94         $0.02
Ribeye Roll               4-6 lbs.          $259.42          $2.72         $0.12
Ribeye Roll               6-8 lbs.          $274.14          $2.03         
Ribeye Roll               8up lbs.          $280.68          $2.05         $0.01
Flank Steak                                 $377.89          $1.59         $0.08
Kidney, Edible                               $20.75          $0.10         
Fat, inedible                                $20.60          $0.48         
Bone                                          $6.24          $1.50         
--------------------------------------------------------------------------------
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                 31.21  loads --            1,248,439  pounds
Cutter/Canner Cuts                  2.19  loads --               87,734  pounds
Boner/Breaker/Cutter/Canner        17.42  loads --              696,959  pounds
100% Lean Items                    24.36  loads --              974,521  pounds
Frozen Cuts                         1.55  loads --               61,833  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   10,019   $287.97       $2.17
112   Rib, ribeye roll, 8-10 lbs.             57   61,833   $306.10       $4.26
112   Rib, ribeye roll, 10-up lbs.            68  155,398   $296.74       $1.69
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      24   28,225   $430.48      $20.47
112A  Rib, ribeye roll-lip-on, 8-up lbs.      15   63,612   $440.18       $2.34
      Chuck, boneless 85%                      6  105,000   $204.44     ($2.00)
120   Chuck, brisket                          18   29,130   $185.32       $2.34
168   Round, top inside, 10-dn lbs.            5    7,524   $226.58     ($5.08)
168   Round, top inside, 10-up lbs.           13   43,246   $237.94       $2.22
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     32  252,769   $302.84       $4.53
169A  Round, top inside c-off, 14-up lbs.     11   84,981   $303.32     ($1.81)
171B  Round, outside round                     5   39,320   $262.26       
171C  Round, eye of round                     32   46,771   $263.04       $1.01
      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.            26   74,337   $236.49     ($0.54)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  26  111,902   $226.42     ($2.93)
185A  Loin, bottom sirloin butt flap, bnls.   48  133,452   $370.45       $1.60
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              28   74,491   $274.14     ($0.09)
112   Rib, ribeye roll, 8-up lbs.              4   11,625   $280.68
100% LEAN
      Inside round - Combo                     5   72,076   $300.19       
      Inside round - Boxed                    29   59,182   $300.54     ($4.11)
      Outside round                            3   21,646   $267.38     ($0.11)
      Eye of round                            23   61,898   $282.59       $1.67
      Flats and eyes - Combo                   9  104,050   $268.97       
      Flats and eyes - Boxed                            
      Striploin                               64  379,457   $355.39     ($0.31)
      S.P.B. - Combo                          19  276,212   $261.66       $0.19
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     36  115,303   $221.14     ($2.70)
167A  Round, knuckle, peeled                  15   67,383   $243.97       $1.62
190   Loin, tenderloin, 2-3 lbs.              18   22,371   $484.18       $3.03
190   Loin, tenderloin, 3-4 lbs.              37   80,575   $531.99       $1.97
190   Loin, tenderloin, 4-5 lbs.             126  138,159   $579.09     ($1.02)
190   Loin, tenderloin, 5-up lbs.             44   87,570   $544.65     ($1.68)
193   Flank, flank steak                      89   72,636   $384.96      $17.48
      Flank, rough                            55  112,962   $272.97      $10.80
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              3   47,287   $274.75       $0.16
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                       4    6,890   $303.38     ($4.79)
--------------------------------------------------------------------------------
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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