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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/16/2016

LM_XB405
Des Moines, IA                 Mon, May 16, 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:               $173.72
Change from prior day:                $1.44
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.22        $121.85         $1.30
100% lean inside round                      $292.34          $6.78       ($0.02)
100% lean, flats and eyes                   $274.98          $6.38         $0.05
100% lean, S.P.B.                           $263.59         $13.18         $0.03
Chuck Tender                                $217.97          $2.18         $0.01
Knuckle                   4-7 lbs.          $242.53          $6.14       ($0.01)
Tenderloin                2-3 lbs.          $506.94          $2.69         $0.12
Tenderloin                3-4 lbs.          $559.91          $4.14         $0.02
Ribeye Roll               4-6 lbs.          $259.25          $2.72         $0.03
Ribeye Roll               6-8 lbs.          $277.68          $2.05       ($0.05)
Ribeye Roll               8up lbs.          $283.84          $2.07         $0.02
Flank Steak                                 $370.22          $1.55         
Kidney, Edible                               $19.98          $0.09       ($0.01)
Fat, inedible                                $20.60          $0.48         
Bone                                          $5.90          $1.42       ($0.05)
--------------------------------------------------------------------------------
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                 39.79  loads --            1,591,743  pounds
Cutter/Canner Cuts                  1.63  loads --               65,125  pounds
Boner/Breaker/Cutter/Canner        18.98  loads --              759,227  pounds
100% Lean Items                    22.37  loads --              894,707  pounds
Frozen Cuts                         2.86  loads --              114,221  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              13   20,701   $284.14       $1.16
112   Rib, ribeye roll, 8-10 lbs.             39   77,623   $299.23       $4.25
112   Rib, ribeye roll, 10-up lbs.            86  161,948   $312.94       $1.18
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      35   48,745   $424.05      $20.28
112A  Rib, ribeye roll-lip-on, 8-up lbs.      17   77,061   $435.98     ($1.93)
      Chuck, boneless 85%                      8  189,000   $194.99     ($3.81)
120   Chuck, brisket                          27  125,337   $193.09     ($0.19)
168   Round, top inside, 10-dn lbs.            4   17,917   $228.69      $29.03
168   Round, top inside, 10-up lbs.           26   69,029   $226.62       $2.26
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     31  165,653   $289.52     ($1.78)
169A  Round, top inside c-off, 14-up lbs.      6   26,145   $297.43     ($1.02)
171B  Round, outside round                     5   39,320   $262.51     ($0.01)
171C  Round, eye of round                     40   65,270   $263.44       $0.72
      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.            37  171,743   $238.27       $1.88
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  24  144,905   $220.72     ($2.37)
185A  Loin, bottom sirloin butt flap, bnls.   58  190,526   $363.91       $7.02
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              33   54,128   $277.68     ($6.64)
112   Rib, ribeye roll, 8-up lbs.              4    7,514   $283.84
100% LEAN
      Inside round - Combo                     7   57,639   $290.76     ($1.45)
      Inside round - Boxed                    33  106,078   $293.20     ($0.97)
      Outside round                            6   52,134   $271.58     ($0.26)
      Eye of round                            18   50,700   $288.39       $7.36
      Flats and eyes - Combo                  13  132,741   $271.19       $0.66
      Flats and eyes - Boxed                            
      Striploin                               59  279,476   $355.67       $0.23
      S.P.B. - Combo                          16  215,939   $263.59       $0.57
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31  134,923   $217.97       $0.50
167A  Round, knuckle, peeled                  11   80,368   $242.53     ($0.39)
190   Loin, tenderloin, 2-3 lbs.              14   17,712   $506.94      $22.00
190   Loin, tenderloin, 3-4 lbs.              38   72,914   $559.91       $3.61
190   Loin, tenderloin, 4-5 lbs.             136  194,210   $584.98     ($2.00)
190   Loin, tenderloin, 5-up lbs.             45   74,697   $573.31       $0.98
193   Flank, flank steak                      92  103,223   $380.07       $3.82
      Flank, rough                            56   81,180   $256.32       $4.57
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   12,848   $266.32       
112   Rib, ribeye roll, 8-10 lbs.              8   49,843   $279.15       $0.13
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.             7   21,372   $312.50       
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   15,158   $303.14     ($0.72)
--------------------------------------------------------------------------------
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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