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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/31/2016

LM_XB405
Des Moines, IA                 Tue, May 31, 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:               $174.31
Change from prior day:              ($0.03)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.62        $122.08       ($0.12)
100% lean inside round                      $291.59          $6.77       ($0.12)
100% lean, flats and eyes                   $273.62          $6.35         $0.01
100% lean, S.P.B.                           $263.83         $13.19         $0.07
Chuck Tender                                $226.57          $2.27         $0.01
Knuckle                   4-7 lbs.          $251.93          $6.37         $0.04
Tenderloin                2-3 lbs.          $490.64          $2.60       ($0.05)
Tenderloin                3-4 lbs.          $557.51          $4.13         $0.07
Ribeye Roll               4-6 lbs.          $261.85          $2.75         $0.02
Ribeye Roll               6-8 lbs.          $291.15          $2.15       ($0.01)
Ribeye Roll               8up lbs.          $290.51          $2.12        
Flank Steak                                 $366.67          $1.54         $0.05
Kidney, Edible                               $19.90          $0.09        
Fat, inedible                                $20.60          $0.48        
Bone                                          $5.91          $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                 24.11  loads --              964,517  pounds
Cutter/Canner Cuts                  1.44  loads --               57,722  pounds
Boner/Breaker/Cutter/Canner        13.85  loads --              554,034  pounds
100% Lean Items                    13.61  loads --              544,302  pounds
Frozen Cuts                         1.67  loads --               66,884  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   18,035   $285.59     ($1.24)
112   Rib, ribeye roll, 8-10 lbs.             46   32,407   $334.31      $19.60
112   Rib, ribeye roll, 10-up lbs.            32   77,938   $325.62       $2.44
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      20   29,442   $496.48      $29.00
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   30,024   $505.46      $36.97
      Chuck, boneless 85%                      3   25,956   $202.12       $2.29
120   Chuck, brisket                          22   33,777   $197.12       $0.05
168   Round, top inside, 10-dn lbs.            3    2,134   $217.09     ($7.07)
168   Round, top inside, 10-up lbs.           13   32,096   $246.59       $0.60
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     27  271,742   $287.47     ($1.94)
169A  Round, top inside c-off, 14-up lbs.      8   27,597   $299.36       $2.04
171B  Round, outside round                     6   40,979   $262.28      
171C  Round, eye of round                     40   62,968   $263.01     ($1.74)
      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.            24  120,528   $208.15    ($23.82)
182   Loin, sirloin butt                               
184   Loin, top sirloin butt                  27   81,892   $220.61       $0.45
185A  Loin, bottom sirloin butt flap, bnls.   42   64,420   $361.70       $8.22
191A  Loin, butt tender, peeled                        
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                       
112   Rib, ribeye roll, 6-8 lbs.              25   52,163   $291.15     ($1.22)
112   Rib, ribeye roll, 8-up lbs.              4    5,559   $290.51      
100% LEAN
      Inside round - Combo
      Inside round - Boxed                    34   53,515   $294.57     ($5.39)
      Outside round                            4   14,825   $271.23     ($2.52)
      Eye of round                            19   34,628   $282.86       $1.25
      Flats and eyes - Combo                   8   88,143   $270.39       $0.69
      Flats and eyes - Boxed                           
      Striploin                               50  159,593   $360.26     ($3.70)
      S.P.B. - Combo                           9  162,000   $263.83       $1.36
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     26   79,414   $226.57       $0.35
167A  Round, knuckle, peeled                  12   39,791   $251.93       $1.86
190   Loin, tenderloin, 2-3 lbs.              13   13,800   $490.64     ($9.76)
190   Loin, tenderloin, 3-4 lbs.              29   58,418   $557.51       $8.77
190   Loin, tenderloin, 4-5 lbs.             105  133,100   $580.90       $1.96
190   Loin, tenderloin, 5-up lbs.             28   61,628   $592.62    ($36.57)
193   Flank, flank steak                      73   75,740   $378.46      $15.69
      Flank, rough                            46   92,143   $244.72     ($1.14)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   15,987   $188.84      $55.40
112   Rib, ribeye roll, 8-10 lbs.              3   19,625   $291.17       $5.38
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.
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                       6   14,469   $304.92       $1.52
--------------------------------------------------------------------------------
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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