Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 6/1/2016

Past Market Reports

Report Date: 6/1/2016

LM_XB405
Des Moines, IA                 Wed, Jun 01, 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:               $172.89
Change from prior day:              ($1.42)
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Item                                          Price          Value        Change
90% lean                                    $216.86        $121.09       ($0.99)
100% lean inside round                      $283.57          $6.58       ($0.19)
100% lean, flats and eyes                   $268.48          $6.23       ($0.12)
100% lean, S.P.B.                           $263.05         $13.15       ($0.04)
Chuck Tender                                $226.74          $2.27         
Knuckle                   4-7 lbs.          $254.02          $6.43         $0.06
Tenderloin                2-3 lbs.          $489.89          $2.60         
Tenderloin                3-4 lbs.          $556.33          $4.12       ($0.01)
Ribeye Roll               4-6 lbs.          $257.00          $2.70       ($0.05)
Ribeye Roll               6-8 lbs.          $291.31          $2.16         $0.01
Ribeye Roll               8up lbs.          $290.09          $2.12         
Flank Steak                                 $345.06          $1.45       ($0.09)
Kidney, Edible                               $19.90          $0.09         
Fat, inedible                                $20.60          $0.48         
Bone                                          $5.91          $1.42         
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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                 28.21  loads --            1,128,292  pounds
Cutter/Canner Cuts                  1.44  loads --               57,791  pounds
Boner/Breaker/Cutter/Canner        15.10  loads --              603,902  pounds
100% Lean Items                    19.84  loads --              793,662  pounds
Frozen Cuts                         2.41  loads --               96,558  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             45   49,259   $325.84     ($8.47)
112   Rib, ribeye roll, 10-up lbs.            40  121,214   $326.74       $1.12
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23   29,829   $496.73       $0.25
112A  Rib, ribeye roll-lip-on, 8-up lbs.      17   32,353   $504.92     ($0.54)
      Chuck, boneless 85%                      3   25,956   $202.12       
120   Chuck, brisket                          26   45,818   $196.26     ($0.86)
168   Round, top inside, 10-dn lbs.            3    3,556   $213.92     ($3.17)
168   Round, top inside, 10-up lbs.           11   33,906   $243.61     ($2.98)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     31  291,899   $291.22       $3.75
169A  Round, top inside c-off, 14-up lbs.      3   14,263   $296.10     ($3.26)
171B  Round, outside round                     5   38,979   $262.24     ($0.04)
171C  Round, eye of round                     43   66,461   $263.51       $0.50
      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.            20   63,687   $237.69      $29.54
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  23  203,004   $218.46     ($2.15)
185A  Loin, bottom sirloin butt flap, bnls.   41   93,846   $345.40    ($16.30)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              22   54,807   $291.31       $0.16
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     8  117,621   $277.85
      Inside round - Boxed                    38   60,335   $294.73       $0.16
      Outside round                            4   38,063   $273.03       $1.80
      Eye of round                            24   57,263   $280.65     ($2.21)
      Flats and eyes - Combo                  10  144,285   $262.45     ($7.94)
      Flats and eyes - Boxed                            
      Striploin                               59  224,095   $359.67     ($0.59)
      S.P.B. - Combo                           9  152,000   $263.05     ($0.78)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31   99,942   $226.74       $0.17
167A  Round, knuckle, peeled                  12   42,421   $254.02       $2.09
190   Loin, tenderloin, 2-3 lbs.              17   20,948   $489.89     ($0.75)
190   Loin, tenderloin, 3-4 lbs.              27   57,537   $556.33     ($1.18)
190   Loin, tenderloin, 4-5 lbs.             107  152,061   $575.57     ($5.33)
190   Loin, tenderloin, 5-up lbs.             34   72,439   $594.84       $2.22
193   Flank, flank steak                      78   73,294   $354.17    ($24.29)
      Flank, rough                            45   85,260   $242.43     ($2.29)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   59,349   $257.46      $68.62
112   Rib, ribeye roll, 8-10 lbs.
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                       7   16,324   $304.14     ($0.78)
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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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