Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

1. Cattle.com
2. Market Reports
3. Iowa
4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 7/15/2016

Past Market Reports

Report Date: 7/15/2016

LM_XB405
Des Moines, IA                 Fri, Jul 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:               $173.93
Change from prior day:                $0.28
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.80        $122.18         $0.15
100% lean inside round                      $293.09          $6.80         $0.08
100% lean, flats and eyes                   $268.01          $6.22         $0.04
100% lean, S.P.B.                           $260.98         $13.05         $0.04
Chuck Tender                                $216.93          $2.17       ($0.02)
Knuckle                   4-7 lbs.          $247.10          $6.25       ($0.03)
Tenderloin                2-3 lbs.          $479.54          $2.54         $0.01
Tenderloin                3-4 lbs.          $542.77          $4.02         
Ribeye Roll               4-6 lbs.          $272.80          $2.86         $0.01
Ribeye Roll               6-8 lbs.          $289.51          $2.14         
Ribeye Roll               8up lbs.          $291.01          $2.12         
Flank Steak                                 $294.00          $1.23         
Kidney, Edible                               $21.35          $0.10         
Fat, inedible                                $20.60          $0.48         
Bone                                          $7.37          $1.77         
--------------------------------------------------------------------------------
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                 26.92  loads --            1,076,773  pounds
Cutter/Canner Cuts                  1.97  loads --               78,904  pounds
Boner/Breaker/Cutter/Canner        17.97  loads --              718,635  pounds
100% Lean Items                    24.83  loads --              993,114  pounds
Frozen Cuts                         2.17  loads --               86,952  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.             38   85,085   $335.58     ($0.62)
112   Rib, ribeye roll, 10-up lbs.            57  136,727   $347.51     ($1.20)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   26,723   $504.98     ($1.76)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      12   63,006   $501.29     ($6.08)
      Chuck, boneless 85%                      5   92,400   $200.50       
120   Chuck, brisket                          13   18,391   $244.65     ($0.30)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           15   27,037   $242.90       $4.33
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     25  171,174   $289.80     ($4.74)
169A  Round, top inside c-off, 14-up lbs.      6   48,471   $292.01       
171B  Round, outside round                     5   39,620   $242.06     ($0.01)
171C  Round, eye of round                     29   54,288   $244.18     ($7.50)
      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.            28   58,388   $245.51       $5.34
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  34  114,415   $221.41     ($6.65)
185A  Loin, bottom sirloin butt flap, bnls.   41  130,029   $311.50     ($2.33)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              28   64,985   $289.51       $0.47
112   Rib, ribeye roll, 8-up lbs.              5    9,393   $291.01       $0.16
100% LEAN
      Inside round - Combo                    13  133,973   $291.16       $5.03
      Inside round - Boxed                    34   48,241   $298.46       $0.16
      Outside round                            6   53,996   $259.52       
      Eye of round                            22  115,533   $281.88       
      Flats and eyes - Combo                  10  114,832   $258.04       $2.61
      Flats and eyes - Boxed                            
      Striploin                               63  266,082   $341.03     ($2.07)
      S.P.B. - Combo                          21  260,457   $260.98       $0.77
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     25   90,309   $216.93     ($2.28)
167A  Round, knuckle, peeled                  16  122,356   $247.10     ($1.30)
190   Loin, tenderloin, 2-3 lbs.              18   21,343   $479.54       $2.61
190   Loin, tenderloin, 3-4 lbs.              45  113,225   $542.77     ($0.02)
190   Loin, tenderloin, 4-5 lbs.             105  107,153   $602.28     ($7.50)
190   Loin, tenderloin, 5-up lbs.             46   58,904   $613.01       $2.52
193   Flank, flank steak                      84  109,951   $292.18       $0.50
      Flank, rough                            44   95,394   $230.18     ($3.42)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   10,260   $283.00       $0.88
112   Rib, ribeye roll, 8-10 lbs.              5   54,360   $266.67     ($0.06)
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                      10   20,882   $303.56       $0.43
--------------------------------------------------------------------------------
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

.