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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 7/29/2016

LM_XB405
Des Moines, IA                 Fri, Jul 29, 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:               $173.19
Change from prior day:                $0.08
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $217.91        $121.68         
100% lean inside round                      $300.98          $6.98         
100% lean, flats and eyes                   $261.66          $6.07         $0.02
100% lean, S.P.B.                           $262.07         $13.10       ($0.01)
Chuck Tender                                $203.87          $2.04         
Knuckle                   4-7 lbs.          $240.49          $6.08         $0.07
Tenderloin                2-3 lbs.          $467.29          $2.48       ($0.01)
Tenderloin                3-4 lbs.          $531.68          $3.93         
Ribeye Roll               4-6 lbs.          $272.24          $2.86         
Ribeye Roll               6-8 lbs.          $304.28          $2.25         
Ribeye Roll               8up lbs.          $301.04          $2.20         
Flank Steak                                 $295.63          $1.24         $0.01
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                 32.44  loads --            1,297,551  pounds
Cutter/Canner Cuts                  1.67  loads --               66,658  pounds
Boner/Breaker/Cutter/Canner        19.24  loads --              769,725  pounds
100% Lean Items                    18.41  loads --              736,227  pounds
Frozen Cuts                         3.19  loads --              127,711  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.             33   65,634   $330.71       $4.05
112   Rib, ribeye roll, 10-up lbs.            77  161,759   $329.79       $1.53
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      25   38,176   $499.06    ($16.86)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   33,972   $531.45       $0.06
      Chuck, boneless 85%                      7  147,015   $196.13       
120   Chuck, brisket                          28   76,767   $193.29       $3.23
168   Round, top inside, 10-dn lbs.            5    3,295   $211.31       $2.84
168   Round, top inside, 10-up lbs.           12   35,532   $240.92       $2.65
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     31  253,115   $291.57       $0.09
169A  Round, top inside c-off, 14-up lbs.      5   39,228   $290.71     ($0.10)
171B  Round, outside round                     5   41,200   $241.59     ($0.49)
171C  Round, eye of round                     36   49,971   $243.21     ($1.01)
      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.            31  173,869   $193.35       $0.49
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  26   49,798   $224.92      $13.94
185A  Loin, bottom sirloin butt flap, bnls.   48  124,915   $328.65       $8.08
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   15,930   $272.96       
112   Rib, ribeye roll, 6-8 lbs.              19   45,554   $304.34       $0.32
112   Rib, ribeye roll, 8-up lbs.              4    5,174   $301.04       
100% LEAN
      Inside round - Combo                    10   76,806   $298.52       
      Inside round - Boxed                    31   35,142   $306.35       $0.94
      Outside round                            7   40,528   $264.16       $3.78
      Eye of round                            12   32,289   $265.84       $0.13
      Flats and eyes - Combo                  10  108,534   $259.49       
      Flats and eyes - Boxed                            
      Striploin                               64  239,215   $334.27     ($1.71)
      S.P.B. - Combo                          15  203,413   $262.07     ($0.06)
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     34  120,916   $203.87     ($0.18)
167A  Round, knuckle, peeled                  17   80,044   $240.49       $2.91
190   Loin, tenderloin, 2-3 lbs.              18   22,509   $467.29     ($2.86)
190   Loin, tenderloin, 3-4 lbs.              35   84,909   $532.03       $1.27
190   Loin, tenderloin, 4-5 lbs.             129  133,679   $593.75     ($4.55)
190   Loin, tenderloin, 5-up lbs.             44  139,616   $559.00     ($1.22)
193   Flank, flank steak                      93  107,784   $296.12       $3.01
      Flank, rough                            46   80,268   $222.95     ($0.29)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    4,332   $285.83
112   Rib, ribeye roll, 8-10 lbs.              3    8,400   $258.00
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.             5   17,680   $315.21       $0.73
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                      10   18,945   $292.81       $6.32
--------------------------------------------------------------------------------
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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