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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 6/27/2016

LM_XB405
Des Moines, IA                 Mon, Jun 27, 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:               $173.52
Change from prior day:                $0.66
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $219.10        $122.35         $0.78
100% lean inside round                      $287.19          $6.66         $0.02
100% lean, flats and eyes                   $259.03          $6.01       ($0.03)
100% lean, S.P.B.                           $261.61         $13.08         
Chuck Tender                                $214.88          $2.15         $0.01
Knuckle                   4-7 lbs.          $242.94          $6.15       ($0.11)
Tenderloin                2-3 lbs.          $471.38          $2.50       ($0.02)
Tenderloin                3-4 lbs.          $530.54          $3.93       ($0.01)
Ribeye Roll               4-6 lbs.          $269.78          $2.83         
Ribeye Roll               6-8 lbs.          $290.00          $2.15         $0.01
Ribeye Roll               8up lbs.          $290.62          $2.12         
Flank Steak                                 $310.25          $1.30       ($0.01)
Kidney, Edible                               $19.50          $0.09       ($0.04)
Fat, inedible                                $20.60          $0.48         
Bone                                          $7.15          $1.72         $0.06
--------------------------------------------------------------------------------
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                 35.12  loads --            1,404,646  pounds
Cutter/Canner Cuts                  1.89  loads --               75,687  pounds
Boner/Breaker/Cutter/Canner        16.64  loads --              665,589  pounds
100% Lean Items                    24.12  loads --              964,757  pounds
Frozen Cuts                         5.86  loads --              234,548  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.             41   82,996   $327.56       $0.78
112   Rib, ribeye roll, 10-up lbs.            51  107,084   $334.32       $5.02
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      22   52,366   $461.26     ($0.16)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      15   25,992   $491.97     ($4.75)
      Chuck, boneless 85%                      9  113,400   $202.67     ($0.09)
120   Chuck, brisket                          21   32,630   $242.77      $18.74
168   Round, top inside, 10-dn lbs.            4    7,522   $200.35     ($2.96)
168   Round, top inside, 10-up lbs.            9   30,366   $248.39       $5.58
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     38  311,577   $286.18     ($1.41)
169A  Round, top inside c-off, 14-up lbs.      4   26,631   $287.10
171B  Round, outside round                     5   37,440   $243.28       $0.40
171C  Round, eye of round                     33   63,536   $251.02       $3.23
      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   90,236   $275.91    ($14.86)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  33   97,137   $222.25     ($1.78)
185A  Loin, bottom sirloin butt flap, bnls.   64  316,895   $306.80     ($0.41)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              35   58,235   $290.09       $0.45
112   Rib, ribeye roll, 8-up lbs.              4    8,400   $290.62
100% LEAN
      Inside round - Combo                    11  119,478   $286.33       $0.49
      Inside round - Boxed                    40   89,901   $288.33       $0.72
      Outside round                            3   31,250   $255.10       $0.33
      Eye of round                            14   43,617   $275.12       $0.89
      Flats and eyes - Combo                  13  142,071   $254.95     ($1.04)
      Flats and eyes - Boxed                            
      Striploin                               55  253,930   $341.62       $1.41
      S.P.B. - Combo                          25  284,510   $261.61       $0.05
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     28   89,932   $214.88       $0.75
167A  Round, knuckle, peeled                  16   65,744   $242.94     ($4.63)
190   Loin, tenderloin, 2-3 lbs.              13   11,842   $471.38     ($4.44)
190   Loin, tenderloin, 3-4 lbs.              40   71,656   $530.54     ($2.31)
190   Loin, tenderloin, 4-5 lbs.             156  177,200   $600.18     ($2.14)
190   Loin, tenderloin, 5-up lbs.             40   56,629   $604.21     ($6.67)
193   Flank, flank steak                     100  100,588   $309.56     ($0.69)
      Flank, rough                            57   91,998   $240.28     ($4.00)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5  112,886   $265.12     ($6.79)
112   Rib, ribeye roll, 8-10 lbs.              5   13,860   $252.85       $0.07
112   Rib, ribeye roll, 10-up lbs.             4   48,126   $286.82       
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    9,360   $306.33
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               6   37,760   $270.27       
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                       4   10,152   $317.07       $0.66
--------------------------------------------------------------------------------
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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