Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 6/20/2016

Past Market Reports

Report Date: 6/20/2016

LM_XB405
Des Moines, IA                 Mon, Jun 20, 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:               $173.91
Change from prior day:                $2.02
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $219.05        $122.32         $2.04
100% lean inside round                      $286.95          $6.66         $0.02
100% lean, flats and eyes                   $259.11          $6.01       ($0.02)
100% lean, S.P.B.                           $263.74         $13.19         $0.02
Chuck Tender                                $213.12          $2.13       ($0.02)
Knuckle                   4-7 lbs.          $250.47          $6.34         $0.04
Tenderloin                2-3 lbs.          $477.08          $2.53       ($0.01)
Tenderloin                3-4 lbs.          $535.91          $3.97       ($0.02)
Ribeye Roll               4-6 lbs.          $268.40          $2.82         
Ribeye Roll               6-8 lbs.          $292.22          $2.16       ($0.07)
Ribeye Roll               8up lbs.          $290.69          $2.12         
Flank Steak                                 $330.37          $1.39       ($0.05)
Kidney, Edible                               $29.00          $0.13         $0.04
Fat, inedible                                $20.60          $0.48         
Bone                                          $6.92          $1.66         $0.05
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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                 23.51  loads --              940,520  pounds
Cutter/Canner Cuts                  2.10  loads --               83,879  pounds
Boner/Breaker/Cutter/Canner        14.63  loads --              585,332  pounds
100% Lean Items                    24.36  loads --              974,311  pounds
Frozen Cuts                         2.63  loads --              105,257  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    4,485   $284.84
112   Rib, ribeye roll, 8-10 lbs.             43   58,397   $327.21       $0.56
112   Rib, ribeye roll, 10-up lbs.            72   92,765   $338.02     ($4.06)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      30   41,773   $479.52     ($3.71)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      19   51,745   $524.98     ($2.88)
      Chuck, boneless 85%
120   Chuck, brisket                          35   54,205   $208.73       $8.84
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           14   40,781   $236.67      $10.49
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     19  135,116   $285.76     ($3.27)
169A  Round, top inside c-off, 14-up lbs.      3   14,627   $289.00       
171B  Round, outside round                     6   50,100   $262.12     ($0.10)
171C  Round, eye of round                     29   58,289   $257.06       $1.10
      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.            24   46,180   $267.56       $9.09
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  31   91,483   $236.44     ($1.18)
185A  Loin, bottom sirloin butt flap, bnls.   63  174,787   $322.71    ($13.72)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              31   70,659   $292.22     ($9.22)
112   Rib, ribeye roll, 8-up lbs.              5    8,676   $290.69       
100% LEAN
      Inside round - Combo                    12  188,039   $283.40       $0.56
      Inside round - Boxed                    34   72,187   $296.22     ($0.05)
      Outside round                            9   87,935   $256.65     ($3.84)
      Eye of round                            22   54,098   $271.82     ($2.52)
      Flats and eyes - Combo                  14  144,116   $255.84     ($0.60)
      Flats and eyes - Boxed                            
      Striploin                               62  207,337   $355.80       $1.61
      S.P.B. - Combo                          17  214,299   $264.82       $0.45
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     39  109,987   $213.12     ($1.48)
167A  Round, knuckle, peeled                  11   27,375   $250.47       $1.52
190   Loin, tenderloin, 2-3 lbs.              21   24,685   $477.08     ($1.68)
190   Loin, tenderloin, 3-4 lbs.              36   76,554   $535.91     ($3.67)
190   Loin, tenderloin, 4-5 lbs.             124  146,883   $598.87       $4.41
190   Loin, tenderloin, 5-up lbs.             30   22,905   $618.99       $5.66
193   Flank, flank steak                      88   81,345   $333.59    ($11.56)
      Flank, rough                            43   95,598   $258.21       $3.37
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   73,057   $270.88
112   Rib, ribeye roll, 8-10 lbs.              3   14,900   $297.91       $2.22
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                       5    9,540   $302.86       $8.10
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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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