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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 7/20/2016

LM_XB405
Des Moines, IA                 Wed, Jul 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:               $171.52
Change from prior day:              ($2.27)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $214.82        $119.96       ($2.25)
100% lean inside round                      $291.70          $6.77       ($0.03)
100% lean, flats and eyes                   $261.63          $6.07       ($0.02)
100% lean, S.P.B.                           $261.52         $13.08         
Chuck Tender                                $207.88          $2.08       ($0.03)
Knuckle                   4-7 lbs.          $246.36          $6.23       ($0.01)
Tenderloin                2-3 lbs.          $474.56          $2.52         $0.01
Tenderloin                3-4 lbs.          $547.27          $4.05         $0.04
Ribeye Roll               4-6 lbs.          $277.51          $2.91         
Ribeye Roll               6-8 lbs.          $295.26          $2.18         $0.03
Ribeye Roll               8up lbs.          $291.42          $2.13         
Flank Steak                                 $293.91          $1.23       ($0.01)
Kidney, Edible                               $21.35          $0.10         
Fat, inedible                                $20.60          $0.48         
Bone                                          $7.21          $1.73         
--------------------------------------------------------------------------------
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                 38.22  loads --            1,528,869  pounds
Cutter/Canner Cuts                  1.70  loads --               67,835  pounds
Boner/Breaker/Cutter/Canner        16.82  loads --              672,695  pounds
100% Lean Items                    28.37  loads --            1,134,800  pounds
Frozen Cuts                         2.70  loads --              108,103  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    2,894   $322.31
112   Rib, ribeye roll, 8-10 lbs.             26   49,728   $341.25       $4.39
112   Rib, ribeye roll, 10-up lbs.            69   89,783   $348.27       $3.24
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      20   28,695   $490.37    ($14.70)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      16   93,332   $509.95      $18.94
      Chuck, boneless 85%                      8  189,020   $200.45       
120   Chuck, brisket                          27  105,827   $207.15     ($0.21)
168   Round, top inside, 10-dn lbs.            7   26,865   $210.96     ($0.85)
168   Round, top inside, 10-up lbs.           13   52,188   $205.96    ($14.72)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     24  215,695   $290.66     ($1.32)
169A  Round, top inside c-off, 14-up lbs.      5   25,795   $290.61       $0.02
171B  Round, outside round
171C  Round, eye of round                     49   49,020   $239.76     ($0.79)
      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.            32  147,039   $210.80       $7.78
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  32  198,886   $211.52     ($8.56)
185A  Loin, bottom sirloin butt flap, bnls.   58  245,262   $302.53    ($21.49)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              25   61,157   $295.26       $4.53
112   Rib, ribeye roll, 8-up lbs.              4    6,678   $291.42       
100% LEAN
      Inside round - Combo                    12  152,426   $289.97     ($0.67)
      Inside round - Boxed                    34   45,175   $297.53     ($1.76)
      Outside round                            9   98,328   $254.55       $2.26
      Eye of round                            25   79,197   $274.46       $0.21
      Flats and eyes - Combo                  11  122,371   $259.02     ($0.92)
      Flats and eyes - Boxed                            
      Striploin                               64  389,523   $330.79     ($4.49)
      S.P.B. - Combo                          21  247,480   $261.51     ($0.01)
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     28   83,931   $207.88     ($3.51)
167A  Round, knuckle, peeled                  18  104,750   $246.36     ($0.34)
190   Loin, tenderloin, 2-3 lbs.              15   14,523   $474.56       $0.19
190   Loin, tenderloin, 3-4 lbs.              38   74,004   $547.27       $4.86
190   Loin, tenderloin, 4-5 lbs.             114  161,226   $580.50     ($4.53)
190   Loin, tenderloin, 5-up lbs.             33   28,691   $609.30     ($4.83)
193   Flank, flank steak                      86   99,150   $293.58     ($0.07)
      Flank, rough                            54  106,420   $223.01     ($6.57)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              6   61,440   $260.89       
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.               4    4,390   $277.51       
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                      11   22,366   $295.39     ($7.66)
--------------------------------------------------------------------------------
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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