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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 6/16/2016

LM_XB405
Des Moines, IA                 Thu, Jun 16, 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:               $173.19
Change from prior day:              ($0.07)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $217.68        $121.55         $0.04
100% lean inside round                      $287.62          $6.67       ($0.01)
100% lean, flats and eyes                   $260.37          $6.04       ($0.07)
100% lean, S.P.B.                           $263.47         $13.17       ($0.04)
Chuck Tender                                $216.92          $2.17         
Knuckle                   4-7 lbs.          $249.21          $6.31       ($0.01)
Tenderloin                2-3 lbs.          $480.18          $2.55       ($0.04)
Tenderloin                3-4 lbs.          $537.88          $3.98         $0.01
Ribeye Roll               4-6 lbs.          $268.40          $2.82         
Ribeye Roll               6-8 lbs.          $299.18          $2.21         $0.01
Ribeye Roll               8up lbs.          $290.69          $2.12         
Flank Steak                                 $337.18          $1.42         $0.04
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                 26.14  loads --            1,045,456  pounds
Cutter/Canner Cuts                  1.77  loads --               70,882  pounds
Boner/Breaker/Cutter/Canner        14.41  loads --              576,494  pounds
100% Lean Items                    27.19  loads --            1,087,771  pounds
Frozen Cuts                         2.48  loads --               99,117  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.             44   62,858   $323.71       $4.08
112   Rib, ribeye roll, 10-up lbs.            73   98,562   $341.59     ($1.73)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23   37,007   $483.38     ($0.55)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      18   56,490   $525.77       $3.46
      Chuck, boneless 85%                      6   65,100   $202.45     ($0.07)
120   Chuck, brisket                          22   23,518   $197.99     ($5.71)
168   Round, top inside, 10-dn lbs.            7   14,327   $210.70       
168   Round, top inside, 10-up lbs.           17   53,020   $228.34    ($15.66)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     27  212,124   $285.19     ($2.26)
169A  Round, top inside c-off, 14-up lbs.      3   11,676   $289.00
171B  Round, outside round                     3   44,900   $262.04     ($0.14)
171C  Round, eye of round                     26   52,684   $255.47       $1.30
      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.            29  108,566   $220.74       $3.09
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  25   75,229   $237.07       $0.22
185A  Loin, bottom sirloin butt flap, bnls.   55  123,582   $335.72      $14.39
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              29   57,662   $299.18       $1.90
112   Rib, ribeye roll, 8-up lbs.              5    8,676   $290.69       $0.07
100% LEAN
      Inside round - Combo                    10  154,394   $282.47       $0.22
      Inside round - Boxed                    33   90,656   $296.40       $0.31
      Outside round                            7   57,734   $260.61     ($3.70)
      Eye of round                            19   40,896   $274.69       $0.68
      Flats and eyes - Combo                  15  185,360   $257.14     ($2.94)
      Flats and eyes - Boxed                            
      Striploin                               66  273,475   $354.48     ($0.82)
      S.P.B. - Combo                          21  278,956   $264.29       $0.01
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32   84,721   $216.92       $0.23
167A  Round, knuckle, peeled                  18   55,021   $249.21     ($0.05)
190   Loin, tenderloin, 2-3 lbs.              19   18,973   $480.18     ($5.75)
190   Loin, tenderloin, 3-4 lbs.              41   67,550   $537.88     ($0.99)
190   Loin, tenderloin, 4-5 lbs.             122  158,661   $604.66       $4.83
190   Loin, tenderloin, 5-up lbs.             31   33,407   $609.42     ($1.32)
193   Flank, flank steak                      91   72,620   $341.16      $10.32
      Flank, rough                            44   85,541   $259.61       $3.03
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              6   22,187   $286.04      $27.08
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.             4   16,900   $299.23       $7.58
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                       9    7,010   $295.86     ($4.77)
--------------------------------------------------------------------------------
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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