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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 7/18/2016

LM_XB405
Des Moines, IA                 Mon, Jul 18, 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:               $173.50
Change from prior day:              ($0.43)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.16        $121.82       ($0.36)
100% lean inside round                      $293.12          $6.80         
100% lean, flats and eyes                   $266.65          $6.19       ($0.03)
100% lean, S.P.B.                           $261.32         $13.07         $0.02
Chuck Tender                                $214.58          $2.15       ($0.02)
Knuckle                   4-7 lbs.          $246.55          $6.24       ($0.01)
Tenderloin                2-3 lbs.          $479.50          $2.54         
Tenderloin                3-4 lbs.          $538.20          $3.98       ($0.04)
Ribeye Roll               4-6 lbs.          $274.85          $2.89         $0.03
Ribeye Roll               6-8 lbs.          $289.73          $2.14         
Ribeye Roll               8up lbs.          $291.01          $2.12         
Flank Steak                                 $296.99          $1.25         $0.02
Kidney, Edible                               $21.35          $0.10         
Fat, inedible                                $20.60          $0.48         
Bone                                          $7.21          $1.73       ($0.04)
--------------------------------------------------------------------------------
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                 29.42  loads --            1,176,635  pounds
Cutter/Canner Cuts                  2.00  loads --               80,046  pounds
Boner/Breaker/Cutter/Canner        19.15  loads --              766,078  pounds
100% Lean Items                    27.23  loads --            1,089,372  pounds
Frozen Cuts                         1.98  loads --               79,137  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.             37   90,374   $335.59       $0.01
112   Rib, ribeye roll, 10-up lbs.            57  104,849   $345.37     ($2.14)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      14   21,541   $503.12     ($1.86)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      12   60,427   $501.28     ($0.01)
      Chuck, boneless 85%                      8  189,020   $200.45     ($0.05)
120   Chuck, brisket                          19   27,025   $241.70     ($2.95)
168   Round, top inside, 10-dn lbs.            4    9,313   $202.39
168   Round, top inside, 10-up lbs.           17   50,528   $222.06    ($20.84)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     23  165,081   $289.78     ($0.02)
169A  Round, top inside c-off, 14-up lbs.      5   36,330   $291.70     ($0.31)
171B  Round, outside round                     5   39,620   $242.06       
171C  Round, eye of round                     33   59,752   $242.39     ($1.79)
      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.            27   46,869   $268.30      $22.79
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  33  116,734   $221.60       $0.19
185A  Loin, bottom sirloin butt flap, bnls.   45  149,586   $311.45     ($0.05)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              27   66,127   $289.73       $0.22
112   Rib, ribeye roll, 8-up lbs.              5    9,393   $291.01       
100% LEAN
      Inside round - Combo                    11  130,442   $291.08     ($0.08)
      Inside round - Boxed                    34   50,306   $298.42     ($0.04)
      Outside round                            8   63,500   $253.94     ($5.58)
      Eye of round                            28  124,621   $280.51     ($1.37)
      Flats and eyes - Combo                  12  135,478   $259.86       $1.82
      Flats and eyes - Boxed                            
      Striploin                               64  291,262   $339.25     ($1.78)
      S.P.B. - Combo                          24  293,763   $261.32       $0.34
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     20   76,589   $214.58     ($2.35)
167A  Round, knuckle, peeled                  17  137,062   $246.55     ($0.55)
190   Loin, tenderloin, 2-3 lbs.              15   22,376   $479.50     ($0.04)
190   Loin, tenderloin, 3-4 lbs.              45  110,049   $538.20     ($4.57)
190   Loin, tenderloin, 4-5 lbs.             113  143,113   $585.98    ($16.30)
190   Loin, tenderloin, 5-up lbs.             41   48,110   $614.15       $1.14
193   Flank, flank steak                      90  128,256   $296.02       $3.84
      Flank, rough                            50  100,523   $228.31     ($1.87)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4   50,340   $260.18     ($6.49)
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.               3    3,370   $277.66
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   19,822   $303.32     ($0.24)
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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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