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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 6/10/2016

LM_XB405
Des Moines, IA                 Fri, Jun 10, 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:               $174.68
Change from prior day:                $1.91
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $220.47        $123.11         $1.99
100% lean inside round                      $289.44          $6.72         $0.05
100% lean, flats and eyes                   $261.12          $6.06       ($0.04)
100% lean, S.P.B.                           $263.68         $13.18         
Chuck Tender                                $224.93          $2.25       ($0.04)
Knuckle                   4-7 lbs.          $242.84          $6.14       ($0.05)
Tenderloin                2-3 lbs.          $480.55          $2.55       ($0.01)
Tenderloin                3-4 lbs.          $552.55          $4.09         $0.01
Ribeye Roll               4-6 lbs.          $269.53          $2.83         
Ribeye Roll               6-8 lbs.          $293.07          $2.17         $0.01
Ribeye Roll               8up lbs.          $290.58          $2.12         
Flank Steak                                 $326.68          $1.37       ($0.01)
Kidney, Edible                               $23.60          $0.11         
Fat, inedible                                $20.60          $0.48         
Bone                                          $6.24          $1.50         
--------------------------------------------------------------------------------
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                 42.97  loads --            1,718,954  pounds
Cutter/Canner Cuts                  1.51  loads --               60,249  pounds
Boner/Breaker/Cutter/Canner        21.45  loads --              858,012  pounds
100% Lean Items                    20.88  loads --              835,101  pounds
Frozen Cuts                         4.18  loads --              167,017  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   20,645   $265.62     ($0.15)
112   Rib, ribeye roll, 8-10 lbs.             46   95,841   $308.85       $0.26
112   Rib, ribeye roll, 10-up lbs.            49  108,098   $332.80       $0.77
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      25   39,185   $500.81       $2.98
112A  Rib, ribeye roll-lip-on, 8-up lbs.      21   81,316   $516.41       $5.76
      Chuck, boneless 85%                      7   77,700   $202.55       
120   Chuck, brisket                          26  155,448   $208.09       $0.83
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           13   33,774   $252.91       $1.41
169A  Round, top inside c-off, 8-10 lbs.       4   21,694   $290.64       
169A  Round, top inside c-off, 10-14 lbs.     51  450,795   $288.99     ($2.61)
169A  Round, top inside c-off, 14-up lbs.      3   16,942   $289.70       
171B  Round, outside round                     8   63,260   $262.30     ($0.23)
171C  Round, eye of round                     31  132,355   $278.36       $0.68
      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.            32  147,565   $269.08    ($25.60)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  23   74,203   $223.23     ($0.42)
185A  Loin, bottom sirloin butt flap, bnls.   61  199,775   $328.08     ($9.75)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              27   47,580   $293.07       $1.25
112   Rib, ribeye roll, 8-up lbs.              4    7,814   $290.58     ($0.10)
100% LEAN
      Inside round - Combo                     4   50,417   $272.47       
      Inside round - Boxed                    44   98,393   $298.14       $2.27
      Outside round                            8   48,556   $255.73     ($1.71)
      Eye of round                            19   48,971   $279.18     ($2.29)
      Flats and eyes - Combo                  11  135,091   $256.51       $1.09
      Flats and eyes - Boxed                            
      Striploin                               63  234,202   $360.58       $0.20
      S.P.B. - Combo                          17  219,471   $263.68       $0.02
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     24   97,011   $224.93     ($3.65)
167A  Round, knuckle, peeled                  10   39,199   $242.84     ($1.63)
190   Loin, tenderloin, 2-3 lbs.              21   23,277   $480.55     ($2.25)
190   Loin, tenderloin, 3-4 lbs.              36   75,593   $555.85       $1.50
190   Loin, tenderloin, 4-5 lbs.             147  243,632   $597.94       $5.03
190   Loin, tenderloin, 5-up lbs.             47  149,728   $589.51       $0.05
193   Flank, flank steak                      93  106,735   $330.41     ($1.60)
      Flank, rough                            52  122,837   $252.91     ($1.34)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   51,222   $250.37       $1.99
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                      10   19,377   $306.11     ($0.23)
--------------------------------------------------------------------------------
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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