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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 4/28/2016

LM_XB405
Des Moines, IA                 Thu, Apr 28, 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:               $175.33
Change from prior day:                $0.73
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $220.76        $123.27         $0.53
100% lean inside round                      $304.24          $7.06         $0.07
100% lean, flats and eyes                   $272.45          $6.32         
100% lean, S.P.B.                           $263.29         $13.16         $0.02
Chuck Tender                                $220.79          $2.21         
Knuckle                   4-7 lbs.          $246.36          $6.23         $0.01
Tenderloin                2-3 lbs.          $498.21          $2.64         $0.05
Tenderloin                3-4 lbs.          $547.32          $4.05         $0.10
Ribeye Roll               4-6 lbs.          $254.91          $2.68         $0.01
Ribeye Roll               6-8 lbs.          $272.98          $2.02         
Ribeye Roll               8up lbs.          $280.68          $2.05         
Flank Steak                                 $370.71          $1.56       ($0.06)
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                 30.59  loads --            1,223,680  pounds
Cutter/Canner Cuts                  1.84  loads --               73,470  pounds
Boner/Breaker/Cutter/Canner        18.07  loads --              722,678  pounds
100% Lean Items                    22.47  loads --              898,711  pounds
Frozen Cuts                         2.52  loads --              100,777  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7    8,391   $288.10       $0.40
112   Rib, ribeye roll, 8-10 lbs.             54   68,797   $296.29     ($8.31)
112   Rib, ribeye roll, 10-up lbs.            68  135,637   $301.00       $2.60
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      19   23,848   $385.73    ($23.44)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      19   90,052   $418.32     ($6.06)
      Chuck, boneless 85%                      6  105,000   $204.44       
120   Chuck, brisket                          16   73,959   $182.51     ($0.55)
168   Round, top inside, 10-dn lbs.            4    5,395   $225.84     ($0.53)
168   Round, top inside, 10-up lbs.           18   47,586   $243.74      $12.36
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     30  159,976   $306.95       $2.36
169A  Round, top inside c-off, 14-up lbs.     10   75,540   $303.84       $0.52
171B  Round, outside round                     7   44,580   $262.36     ($1.05)
171C  Round, eye of round                     39   57,838   $263.29       $2.07
      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   50,682   $245.13      $21.28
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  28  145,553   $218.59     ($5.54)
185A  Loin, bottom sirloin butt flap, bnls.   46  129,846   $371.87       $2.60
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              24   58,768   $272.98       $0.12
112   Rib, ribeye roll, 8-up lbs.              4   11,625   $280.68       
100% LEAN
      Inside round - Combo                     4   28,222   $301.41
      Inside round - Boxed                    37   99,180   $305.05       $4.04
      Outside round                            5   36,613   $267.65       $0.47
      Eye of round                            20   59,302   $282.73       $0.46
      Flats and eyes - Combo                  11  124,327   $268.96       
      Flats and eyes - Boxed                            
      Striploin                               60  254,130   $359.17       $2.99
      S.P.B. - Combo                          21  296,937   $263.29       $0.41
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     42  149,693   $220.79     ($0.09)
167A  Round, knuckle, peeled                  15   49,595   $246.36       $0.51
190   Loin, tenderloin, 2-3 lbs.              26   53,374   $498.21       $8.76
190   Loin, tenderloin, 3-4 lbs.              35   52,083   $547.32      $13.08
190   Loin, tenderloin, 4-5 lbs.             139  159,502   $578.78       $3.56
190   Loin, tenderloin, 5-up lbs.             47   59,699   $559.05     ($3.78)
193   Flank, flank steak                      95   85,638   $377.54    ($14.27)
      Flank, rough                            48  113,094   $269.38       $0.84
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              8    7,967   $273.86
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.               4   58,850   $254.50       $0.52
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.               4    2,567   $608.81
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       9    8,467   $301.62     ($5.13)
--------------------------------------------------------------------------------
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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