Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 6/22/2016

Past Market Reports

Report Date: 6/22/2016

LM_XB405
Des Moines, IA                 Wed, Jun 22, 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:               $172.24
Change from prior day:              ($1.86)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $216.53        $120.91       ($1.73)
100% lean inside round                      $288.05          $6.68         $0.02
100% lean, flats and eyes                   $259.18          $6.01       ($0.03)
100% lean, S.P.B.                           $262.89         $13.14       ($0.02)
Chuck Tender                                $213.33          $2.13        
Knuckle                   4-7 lbs.          $245.05          $6.20       ($0.05)
Tenderloin                2-3 lbs.          $476.35          $2.52       ($0.01)
Tenderloin                3-4 lbs.          $532.63          $3.94       ($0.02)
Ribeye Roll               4-6 lbs.          $271.59          $2.85         $0.03
Ribeye Roll               6-8 lbs.          $289.59          $2.14       ($0.03)
Ribeye Roll               8up lbs.          $290.00          $2.12        
Flank Steak                                 $317.05          $1.33       ($0.02)
Kidney, Edible                               $29.00          $0.13        
Fat, inedible                                $20.60          $0.48        
Bone                                          $6.92          $1.66        
--------------------------------------------------------------------------------
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                 25.83  loads --            1,033,360  pounds
Cutter/Canner Cuts                  1.62  loads --               64,671  pounds
Boner/Breaker/Cutter/Canner        15.51  loads --              620,429  pounds
100% Lean Items                    20.06  loads --              802,575  pounds
Frozen Cuts                         3.76  loads --              150,582  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6    4,485   $285.86      
112   Rib, ribeye roll, 8-10 lbs.             37   52,740   $329.39       $1.82
112   Rib, ribeye roll, 10-up lbs.            52   99,765   $329.61     ($3.70)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      27   50,635   $461.21       $0.57
112A  Rib, ribeye roll-lip-on, 8-up lbs.      15   17,466   $505.75    ($25.45)
      Chuck, boneless 85%                      6   65,100   $202.68      
120   Chuck, brisket                          31   61,316   $221.04      $13.56
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           11   38,641   $240.76       $4.93
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     22  142,692   $282.57       $0.10
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     5   36,100   $243.89    ($18.28)
171C  Round, eye of round                     29   55,136   $250.04     ($7.30)
      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.            26   46,758   $292.02      $30.22
182   Loin, sirloin butt                               
184   Loin, top sirloin butt                  24   59,834   $228.95     ($8.63)
185A  Loin, bottom sirloin butt flap, bnls.   68  277,531   $314.00       $4.93
191A  Loin, butt tender, peeled                        
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              26   56,920   $289.59     ($3.46)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     9  125,924   $284.17       $0.29
      Inside round - Boxed                    31   51,213   $297.60       $0.78
      Outside round                            7   76,908   $254.93     ($1.72)
      Eye of round                            18   62,228   $273.54     ($0.99)
      Flats and eyes - Combo                  12  138,919   $255.10     ($1.11)
      Flats and eyes - Boxed                           
      Striploin                               50  125,322   $355.64       $1.54
      S.P.B. - Combo                          18  215,761   $263.93     ($0.24)
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     28   87,078   $213.33     ($0.09)
167A  Round, knuckle, peeled                   8   40,485   $245.05     ($1.79)
190   Loin, tenderloin, 2-3 lbs.              18   27,666   $476.35     ($0.83)
190   Loin, tenderloin, 3-4 lbs.              35   77,140   $532.63     ($2.42)
190   Loin, tenderloin, 4-5 lbs.             131  155,122   $603.88     ($0.57)
190   Loin, tenderloin, 5-up lbs.             39   39,622   $608.86    ($13.55)
193   Flank, flank steak                      82   82,684   $317.77     ($7.00)
      Flank, rough                            43  110,632   $255.02     ($0.98)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   75,612   $270.78     ($0.10)
112   Rib, ribeye roll, 8-10 lbs.              4   14,840   $299.08       $6.94
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.             3    7,592   $241.49
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   11,520   $273.10
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                       3    5,565   $306.33       $3.47
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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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