Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 5/4/2016

Past Market Reports

Report Date: 5/4/2016

LM_XB405
Des Moines, IA                 Wed, May 04, 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:               $173.39
Change from prior day:              ($1.94)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $217.89        $121.67       ($1.85)
100% lean inside round                      $303.96          $7.05         
100% lean, flats and eyes                   $271.66          $6.30         $0.03
100% lean, S.P.B.                           $261.49         $13.07       ($0.01)
Chuck Tender                                $218.85          $2.19       ($0.03)
Knuckle                   4-7 lbs.          $244.92          $6.20       ($0.02)
Tenderloin                2-3 lbs.          $505.09          $2.68         $0.03
Tenderloin                3-4 lbs.          $534.18          $3.95       ($0.11)
Ribeye Roll               4-6 lbs.          $255.00          $2.68         $0.01
Ribeye Roll               6-8 lbs.          $270.15          $2.00         $0.01
Ribeye Roll               8up lbs.          $280.00          $2.04         
Flank Steak                                 $357.88          $1.50         
Kidney, Edible                               $19.45          $0.09         
Fat, inedible                                $20.60          $0.48         
Bone                                          $6.20          $1.49         
--------------------------------------------------------------------------------
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                 39.44  loads --            1,577,669  pounds
Cutter/Canner Cuts                  0.96  loads --               38,450  pounds
Boner/Breaker/Cutter/Canner        18.21  loads --              728,274  pounds
100% Lean Items                    26.22  loads --            1,048,615  pounds
Frozen Cuts                         2.74  loads --              109,777  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   11,851   $291.59       $1.44
112   Rib, ribeye roll, 8-10 lbs.             42  102,770   $281.98     ($4.03)
112   Rib, ribeye roll, 10-up lbs.            90  136,024   $308.68     ($0.81)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      30   78,190   $382.14       $5.15
112A  Rib, ribeye roll-lip-on, 8-up lbs.      21  146,566   $395.44     ($5.66)
      Chuck, boneless 85%                      7   50,565   $206.13       
120   Chuck, brisket                          22  121,110   $179.52     ($1.88)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           26   77,980   $237.30       $4.63
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     27  263,272   $302.79     ($1.71)
169A  Round, top inside c-off, 14-up lbs.      4   37,116   $297.84       
171B  Round, outside round                     9   78,253   $262.49     ($0.10)
171C  Round, eye of round                     41   74,774   $264.17       $0.30
      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.            34   98,841   $206.60     ($3.88)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  25  165,491   $219.83     ($0.70)
185A  Loin, bottom sirloin butt flap, bnls.   49  121,958   $371.76     ($6.35)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              25   35,975   $270.15       $1.36
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     4   57,814   $298.68     ($0.85)
      Inside round - Boxed                    32   62,332   $308.86       $0.56
      Outside round                            3   32,607   $271.52       $1.52
      Eye of round                            13   41,558   $281.85       $3.92
      Flats and eyes - Combo                  11  143,513   $268.75     ($0.01)
      Flats and eyes - Boxed                            
      Striploin                               70  365,704   $353.84     ($2.58)
      S.P.B. - Combo                          33  345,087   $261.49     ($0.10)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     28   87,456   $218.85     ($3.14)
167A  Round, knuckle, peeled                  12   53,621   $244.92     ($1.07)
190   Loin, tenderloin, 2-3 lbs.              18   47,059   $505.09       $4.27
190   Loin, tenderloin, 3-4 lbs.              27   53,955   $534.61    ($14.37)
190   Loin, tenderloin, 4-5 lbs.             133  191,664   $586.03       $1.60
190   Loin, tenderloin, 5-up lbs.             52   67,168   $571.00     ($2.15)
193   Flank, flank steak                      96  104,699   $371.78     ($0.47)
      Flank, rough                            55  122,652   $243.02     ($1.50)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   10,439   $265.48
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.             5    9,048   $312.71    ($29.49)
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.               4    3,718   $619.74       $2.23
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                      15   27,229   $304.44       
--------------------------------------------------------------------------------
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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