Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

1. Cattle.com
2. Market Reports
3. Iowa
4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 5/11/2016

Past Market Reports

Report Date: 5/11/2016

LM_XB405
Des Moines, IA                 Wed, May 11, 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:               $173.35
Change from prior day:              ($0.44)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $217.70        $121.56       ($0.55)
100% lean inside round                      $293.02          $6.80       ($0.03)
100% lean, flats and eyes                   $271.32          $6.29       ($0.02)
100% lean, S.P.B.                           $263.12         $13.16         
Chuck Tender                                $216.77          $2.17         $0.02
Knuckle                   4-7 lbs.          $245.44          $6.21         $0.04
Tenderloin                2-3 lbs.          $492.03          $2.61         
Tenderloin                3-4 lbs.          $552.83          $4.09         $0.07
Ribeye Roll               4-6 lbs.          $256.00          $2.69         
Ribeye Roll               6-8 lbs.          $274.86          $2.03       ($0.01)
Ribeye Roll               8up lbs.          $280.66          $2.05         
Flank Steak                                 $391.63          $1.64         $0.04
Kidney, Edible                               $21.25          $0.10         
Fat, inedible                                $20.60          $0.48         
Bone                                          $6.13          $1.47         
--------------------------------------------------------------------------------
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                 35.26  loads --            1,410,576  pounds
Cutter/Canner Cuts                  1.51  loads --               60,389  pounds
Boner/Breaker/Cutter/Canner        17.24  loads --              689,557  pounds
100% Lean Items                    23.52  loads --              940,650  pounds
Frozen Cuts                         0.83  loads --               33,272  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8    6,456   $292.28     ($0.90)
112   Rib, ribeye roll, 8-10 lbs.             38   63,018   $295.59      $11.24
112   Rib, ribeye roll, 10-up lbs.            82  141,117   $309.39       $1.33
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      31   67,816   $380.03       $9.05
112A  Rib, ribeye roll-lip-on, 8-up lbs.      19   53,423   $437.46      $18.62
      Chuck, boneless 85%                      8  130,200   $200.22       
120   Chuck, brisket                          24   55,952   $183.68       $3.84
168   Round, top inside, 10-dn lbs.            5    6,092   $199.36       $3.63
168   Round, top inside, 10-up lbs.           27   53,554   $217.18       $3.11
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     32  181,437   $294.24     ($2.17)
169A  Round, top inside c-off, 14-up lbs.     12   55,049   $298.14     ($0.74)
171B  Round, outside round                     7   55,320   $263.45     ($0.08)
171C  Round, eye of round                     38   54,432   $258.64     ($0.11)
      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.            27  139,652   $249.97      $16.02
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  31  190,917   $223.27       $0.58
185A  Loin, bottom sirloin butt flap, bnls.   50  155,321   $361.20       $7.05
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              29   48,901   $274.86     ($0.42)
112   Rib, ribeye roll, 8-up lbs.              3    8,005   $280.66       
100% LEAN
      Inside round - Combo                    12  129,064   $292.68     ($0.58)
      Inside round - Boxed                    35  132,547   $293.36     ($2.92)
      Outside round                            7   55,382   $267.69     ($0.79)
      Eye of round                            17   41,076   $282.45     ($2.50)
      Flats and eyes - Combo                  16  124,938   $269.26       
      Flats and eyes - Boxed                            
      Striploin                               49  183,089   $358.85       $2.86
      S.P.B. - Combo                          29  274,554   $263.12     ($0.02)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31  141,759   $216.77       $1.32
167A  Round, knuckle, peeled                  15   40,388   $245.44       $1.51
190   Loin, tenderloin, 2-3 lbs.              11   14,299   $492.03       $0.44
190   Loin, tenderloin, 3-4 lbs.              43   86,433   $552.83       $8.13
190   Loin, tenderloin, 4-5 lbs.             129  169,163   $586.88       $2.79
190   Loin, tenderloin, 5-up lbs.             36   64,296   $570.79       $2.66
193   Flank, flank steak                      95  119,618   $398.14      $10.76
      Flank, rough                            38   53,601   $249.37       $0.32
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4   10,724   $262.26       $3.59
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.             3    6,032   $309.29
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                       5    8,851   $303.66       
--------------------------------------------------------------------------------
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

.