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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/19/2016

LM_XB405
Des Moines, IA                 Thu, May 19, 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:               $173.78
Change from prior day:                $0.53
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.14        $121.81         $0.49
100% lean inside round                      $293.04          $6.80       ($0.02)
100% lean, flats and eyes                   $274.32          $6.36        
100% lean, S.P.B.                           $264.10         $13.21         $0.01
Chuck Tender                                $222.35          $2.22         $0.01
Knuckle                   4-7 lbs.          $245.84          $6.22         $0.06
Tenderloin                2-3 lbs.          $503.76          $2.67         $0.02
Tenderloin                3-4 lbs.          $556.71          $4.12       ($0.07)
Ribeye Roll               4-6 lbs.          $260.67          $2.74         $0.01
Ribeye Roll               6-8 lbs.          $279.32          $2.07         $0.01
Ribeye Roll               8up lbs.          $286.29          $2.09        
Flank Steak                                 $353.09          $1.48         $0.01
Kidney, Edible                               $19.98          $0.09        
Fat, inedible                                $20.60          $0.48        
Bone                                          $5.90          $1.42        
--------------------------------------------------------------------------------
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                 31.56  loads --            1,262,509  pounds
Cutter/Canner Cuts                  1.60  loads --               63,943  pounds
Boner/Breaker/Cutter/Canner        16.65  loads --              665,840  pounds
100% Lean Items                    23.33  loads --              933,210  pounds
Frozen Cuts                         1.95  loads --               78,033  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   11,247   $285.02       $3.18
112   Rib, ribeye roll, 8-10 lbs.             50   62,321   $317.83       $2.28
112   Rib, ribeye roll, 10-up lbs.            63  128,517   $315.89     ($1.32)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      29   34,636   $430.47     ($2.38)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      18   70,224   $439.64       $2.57
      Chuck, boneless 85%                     15  193,652   $195.28      
120   Chuck, brisket                          26  100,199   $194.50     ($2.97)
168   Round, top inside, 10-dn lbs.            5   20,067   $230.86       $0.21
168   Round, top inside, 10-up lbs.           15   35,931   $244.25       $0.61
169A  Round, top inside c-off, 8-10 lbs.       3   10,976   $296.30      
169A  Round, top inside c-off, 10-14 lbs.     22  166,537   $291.98     ($0.55)
169A  Round, top inside c-off, 14-up lbs.      6   26,569   $294.74     ($0.23)
171B  Round, outside round                     5   38,593   $262.21     ($0.20)
171C  Round, eye of round                     40   68,929   $262.58       $0.07
      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.            23   99,222   $229.63       $0.21
182   Loin, sirloin butt                               
184   Loin, top sirloin butt                  20   47,767   $228.43       $5.12
185A  Loin, bottom sirloin butt flap, bnls.   64  147,122   $354.18       $9.76
191A  Loin, butt tender, peeled                        
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                       
112   Rib, ribeye roll, 6-8 lbs.              24   59,260   $279.32       $0.55
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     8   82,329   $292.16      
      Inside round - Boxed                    27   61,562   $294.21     ($1.51)
      Outside round                            7   88,550   $271.97      
      Eye of round                            16   46,072   $285.16     ($0.21)
      Flats and eyes - Combo                  12  109,219   $271.65       $0.35
      Flats and eyes - Boxed                           
      Striploin                               70  335,866   $357.87     ($0.19)
      S.P.B. - Combo                          19  209,612   $264.10       $0.10
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30  115,431   $222.35       $1.19
167A  Round, knuckle, peeled                  10   46,587   $245.84       $2.38
190   Loin, tenderloin, 2-3 lbs.              16   31,012   $503.76       $2.91
190   Loin, tenderloin, 3-4 lbs.              28   49,393   $556.71     ($9.38)
190   Loin, tenderloin, 4-5 lbs.             137  188,281   $584.51     ($2.67)
190   Loin, tenderloin, 5-up lbs.             40   31,982   $601.39      $10.67
193   Flank, flank steak                      91   98,464   $358.10     ($1.82)
      Flank, rough                            52  104,690   $251.41     ($2.62)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    6,716   $267.73       $1.35
112   Rib, ribeye roll, 8-10 lbs.              3   23,129   $277.53     ($6.01)
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.               3   36,059   $260.67
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.               3       98   $341.43      
190   Loin, tenderloin, 5-up lbs.                      
193   Flank, flank steak                       5    8,911   $297.75     ($3.38)
--------------------------------------------------------------------------------
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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