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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 6/13/2016

LM_XB405
Des Moines, IA                 Mon, Jun 13, 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:               $173.76
Change from prior day:              ($0.92)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.44        $121.98       ($1.13)
100% lean inside round                      $286.99          $6.66       ($0.06)
100% lean, flats and eyes                   $260.94          $6.05       ($0.01)
100% lean, S.P.B.                           $263.96         $13.20         $0.02
Chuck Tender                                $224.07          $2.24       ($0.01)
Knuckle                   4-7 lbs.          $250.67          $6.34         $0.20
Tenderloin                2-3 lbs.          $482.70          $2.56         $0.01
Tenderloin                3-4 lbs.          $548.78          $4.06       ($0.03)
Ribeye Roll               4-6 lbs.          $269.53          $2.83         
Ribeye Roll               6-8 lbs.          $294.59          $2.18         $0.01
Ribeye Roll               8up lbs.          $289.80          $2.12         
Flank Steak                                 $324.54          $1.36       ($0.01)
Kidney, Edible                               $18.67          $0.09       ($0.02)
Fat, inedible                                $20.60          $0.48         
Bone                                          $6.70          $1.61         $0.11
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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                 40.23  loads --            1,609,289  pounds
Cutter/Canner Cuts                  1.22  loads --               48,756  pounds
Boner/Breaker/Cutter/Canner        19.50  loads --              780,029  pounds
100% Lean Items                    22.25  loads --              890,181  pounds
Frozen Cuts                         4.74  loads --              189,480  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   20,715   $265.73       $0.11
112   Rib, ribeye roll, 8-10 lbs.             50  100,497   $310.72       $1.87
112   Rib, ribeye roll, 10-up lbs.            48  115,107   $333.22       $0.42
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23   22,172   $496.87     ($3.94)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      20   58,045   $520.08       $3.67
      Chuck, boneless 85%                      7   77,700   $202.41     ($0.14)
120   Chuck, brisket                          17   37,016   $199.30     ($8.79)
168   Round, top inside, 10-dn lbs.            6    7,879   $203.23
168   Round, top inside, 10-up lbs.           16   48,086   $235.43    ($17.48)
169A  Round, top inside c-off, 8-10 lbs.       4   21,694   $290.64       
169A  Round, top inside c-off, 10-14 lbs.     54  474,593   $290.53       $1.54
169A  Round, top inside c-off, 14-up lbs.      3   24,999   $289.00     ($0.70)
171B  Round, outside round                     7   62,900   $262.22     ($0.08)
171C  Round, eye of round                     29  131,913   $276.30     ($2.06)
      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  134,538   $245.62    ($23.46)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  24   65,028   $224.78       $1.55
185A  Loin, bottom sirloin butt flap, bnls.   62  206,407   $327.15     ($0.93)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              22   41,160   $294.59       $1.52
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     7   96,537   $277.42       $4.95
      Inside round - Boxed                    41   87,058   $297.61     ($0.53)
      Outside round                            9   66,608   $260.77       $5.04
      Eye of round                            22   71,314   $273.96     ($5.22)
      Flats and eyes - Combo                  12  159,211   $255.17     ($1.34)
      Flats and eyes - Boxed                            
      Striploin                               62  204,919   $360.72       $0.14
      S.P.B. - Combo                          15  204,534   $263.96       $0.28
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     24   96,995   $224.07     ($0.86)
167A  Round, knuckle, peeled                  10   35,662   $250.67       $7.83
190   Loin, tenderloin, 2-3 lbs.              17   21,975   $482.70       $2.15
190   Loin, tenderloin, 3-4 lbs.              42   97,334   $551.07     ($4.78)
190   Loin, tenderloin, 4-5 lbs.             134  191,510   $598.57       $0.63
190   Loin, tenderloin, 5-up lbs.             46  137,524   $595.10       $5.59
193   Flank, flank steak                      91   98,303   $328.32     ($2.09)
      Flank, rough                            44  100,726   $257.40       $4.49
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   12,775   $264.00
112   Rib, ribeye roll, 8-10 lbs.              6   54,222   $250.52       $0.15
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.             5   19,084   $291.65
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                      11   19,907   $305.90     ($0.21)
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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
1530C

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