Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 6/15/2016

Past Market Reports

Report Date: 6/15/2016

LM_XB405
Des Moines, IA                 Wed, Jun 15, 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:               $173.24
Change from prior day:              ($1.08)
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Item                                          Price          Value        Change
90% lean                                    $217.60        $121.51       ($1.25)
100% lean inside round                      $287.93          $6.68         $0.06
100% lean, flats and eyes                   $263.30          $6.11         $0.08
100% lean, S.P.B.                           $264.28         $13.21         $0.01
Chuck Tender                                $216.69          $2.17       ($0.05)
Knuckle                   4-7 lbs.          $249.26          $6.31         $0.01
Tenderloin                2-3 lbs.          $485.93          $2.58         $0.05
Tenderloin                3-4 lbs.          $536.88          $3.97       ($0.03)
Ribeye Roll               4-6 lbs.          $268.40          $2.82         
Ribeye Roll               6-8 lbs.          $297.28          $2.20         $0.03
Ribeye Roll               8up lbs.          $290.62          $2.12         
Flank Steak                                 $327.58          $1.38         $0.01
Kidney, Edible                               $18.67          $0.09         
Fat, inedible                                $20.60          $0.48         
Bone                                          $6.70          $1.61         
--------------------------------------------------------------------------------
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                 31.33  loads --            1,253,250  pounds
Cutter/Canner Cuts                  1.57  loads --               62,861  pounds
Boner/Breaker/Cutter/Canner        13.82  loads --              552,983  pounds
100% Lean Items                    25.42  loads --            1,016,608  pounds
Frozen Cuts                         2.78  loads --              111,263  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.             47   75,349   $319.63       $5.86
112   Rib, ribeye roll, 10-up lbs.            71  107,794   $343.32       $7.94
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      25   36,367   $483.93     ($0.34)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      22   84,870   $522.31       $3.21
      Chuck, boneless 85%                      5   63,000   $202.52       
120   Chuck, brisket                          24   33,194   $203.70       $2.06
168   Round, top inside, 10-dn lbs.            7   14,327   $210.70     ($0.08)
168   Round, top inside, 10-up lbs.           19   69,934   $244.00       $9.81
169A  Round, top inside c-off, 8-10 lbs.       3   15,392   $290.32       $0.10
169A  Round, top inside c-off, 10-14 lbs.     35  271,720   $287.45     ($3.60)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     8   76,900   $262.18       
171C  Round, eye of round                     22   46,078   $254.17       $0.33
      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.            30  117,109   $217.65    ($28.04)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  21   64,357   $236.85      $12.98
185A  Loin, bottom sirloin butt flap, bnls.   54  163,398   $321.33       $1.34
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              24   49,570   $297.28       $3.74
112   Rib, ribeye roll, 8-up lbs.              6    8,747   $290.62       
100% LEAN
      Inside round - Combo                     9  125,478   $282.25       $6.37
      Inside round - Boxed                    37   87,205   $296.09       $0.46
      Outside round                            8   46,384   $264.31       $3.21
      Eye of round                            19   42,304   $274.01     ($1.07)
      Flats and eyes - Combo                  14  155,442   $260.08       $4.71
      Flats and eyes - Boxed                            
      Striploin                               65  276,951   $355.30     ($6.47)
      S.P.B. - Combo                          21  282,844   $264.28       $0.27
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     27   73,769   $216.69     ($5.09)
167A  Round, knuckle, peeled                  18   53,551   $249.26       $0.24
190   Loin, tenderloin, 2-3 lbs.              15   10,503   $485.93       $8.80
190   Loin, tenderloin, 3-4 lbs.              43   70,176   $538.87     ($3.89)
190   Loin, tenderloin, 4-5 lbs.             136  155,607   $599.83       $1.88
190   Loin, tenderloin, 5-up lbs.             31   34,306   $610.74      $11.77
193   Flank, flank steak                      97   87,626   $330.84       $1.88
      Flank, rough                            40   67,445   $256.58       $3.02
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   12,807   $258.96       $8.59
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                       7   10,600   $300.63     ($7.91)
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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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