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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 7/28/2016

LM_XB405
Des Moines, IA                 Thu, Jul 28, 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:               $173.11
Change from prior day:                $1.39
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $217.91        $121.68         $1.37
100% lean inside round                      $300.83          $6.98         $0.01
100% lean, flats and eyes                   $260.74          $6.05         $0.01
100% lean, S.P.B.                           $262.14         $13.11         
Chuck Tender                                $204.05          $2.04         $0.02
Knuckle                   4-7 lbs.          $237.58          $6.01         $0.02
Tenderloin                2-3 lbs.          $470.15          $2.49       ($0.01)
Tenderloin                3-4 lbs.          $530.53          $3.93       ($0.04)
Ribeye Roll               4-6 lbs.          $272.24          $2.86         
Ribeye Roll               6-8 lbs.          $303.85          $2.25         $0.01
Ribeye Roll               8up lbs.          $301.04          $2.20         
Flank Steak                                 $292.42          $1.23         
Kidney, Edible                               $19.80          $0.09         
Fat, inedible                                $20.60          $0.48         
Bone                                          $7.14          $1.71         
--------------------------------------------------------------------------------
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                 36.31  loads --            1,452,227  pounds
Cutter/Canner Cuts                  1.74  loads --               69,447  pounds
Boner/Breaker/Cutter/Canner        20.15  loads --              806,075  pounds
100% Lean Items                    18.35  loads --              733,809  pounds
Frozen Cuts                         2.76  loads --              110,319  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.             26   62,054   $326.66     ($2.05)
112   Rib, ribeye roll, 10-up lbs.            86  169,541   $328.26     ($3.13)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      28   41,722   $515.92     ($5.86)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      15   34,457   $531.39     ($1.86)
      Chuck, boneless 85%                      7  147,015   $196.13       $0.25
120   Chuck, brisket                          32  143,786   $190.06     ($0.38)
168   Round, top inside, 10-dn lbs.            3    2,650   $208.47       $0.20
168   Round, top inside, 10-up lbs.           14   37,703   $238.27     ($2.11)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     32  258,274   $291.48       $1.44
169A  Round, top inside c-off, 14-up lbs.      4   36,726   $290.81       
171B  Round, outside round                     6   42,040   $242.08       $1.12
171C  Round, eye of round                     35   50,502   $244.22     ($6.42)
      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.            30  183,128   $192.86    ($24.30)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  29  121,131   $210.98       $2.84
185A  Loin, bottom sirloin butt flap, bnls.   50  120,268   $320.57       $5.98
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   15,930   $272.96     ($0.03)
112   Rib, ribeye roll, 6-8 lbs.              22   48,343   $304.02       $1.47
112   Rib, ribeye roll, 8-up lbs.              4    5,174   $301.04       
100% LEAN
      Inside round - Combo                    10   76,806   $298.52     ($0.08)
      Inside round - Boxed                    32   38,734   $305.41       $2.18
      Outside round                            8   43,060   $260.38       $0.68
      Eye of round                            10   30,536   $265.71       $1.83
      Flats and eyes - Combo                  10  108,534   $259.49       $0.15
      Flats and eyes - Boxed                            
      Striploin                               66  227,820   $335.98     ($0.96)
      S.P.B. - Combo                          17  208,019   $262.13     ($0.05)
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     35  121,204   $204.05       $2.39
167A  Round, knuckle, peeled                  15   71,222   $237.58       $0.95
190   Loin, tenderloin, 2-3 lbs.              18   23,181   $470.15     ($0.60)
190   Loin, tenderloin, 3-4 lbs.              36   87,473   $530.76     ($5.45)
190   Loin, tenderloin, 4-5 lbs.             126  166,847   $598.30     ($3.65)
190   Loin, tenderloin, 5-up lbs.             45  144,424   $560.22     ($4.75)
193   Flank, flank steak                      92  116,031   $293.11       $0.44
      Flank, rough                            47   75,693   $223.24       $2.94
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.
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.             4   14,040   $314.48     ($0.48)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               7   57,965   $272.05
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                       8   13,380   $286.49     ($4.45)
--------------------------------------------------------------------------------
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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