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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 8/17/2016

LM_XB405
Des Moines, IA                 Wed, Aug 17, 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:               $170.95
Change from prior day:              ($1.88)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $213.65        $119.30       ($1.66)
100% lean inside round                      $309.21          $7.17         
100% lean, flats and eyes                   $263.16          $6.11       ($0.02)
100% lean, S.P.B.                           $264.61         $13.23       ($0.03)
Chuck Tender                                $214.89          $2.15         
Knuckle                   4-7 lbs.          $240.95          $6.10       ($0.11)
Tenderloin                2-3 lbs.          $481.06          $2.55         
Tenderloin                3-4 lbs.          $521.52          $3.86       ($0.07)
Ribeye Roll               4-6 lbs.          $267.26          $2.81         
Ribeye Roll               6-8 lbs.          $287.88          $2.13         
Ribeye Roll               8up lbs.          $311.43          $2.27         
Flank Steak                                 $304.44          $1.28         $0.01
Kidney, Edible                               $21.71          $0.10         
Fat, inedible                                $16.92          $0.39         
Bone                                          $6.26          $1.50         
--------------------------------------------------------------------------------
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                 31.21  loads --            1,248,363  pounds
Cutter/Canner Cuts                  2.19  loads --               87,578  pounds
Boner/Breaker/Cutter/Canner        17.22  loads --              688,991  pounds
100% Lean Items                    21.92  loads --              876,828  pounds
Frozen Cuts                         1.69  loads --               67,429  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7    4,646   $327.73      $14.51
112   Rib, ribeye roll, 8-10 lbs.             51   90,259   $332.01    ($12.63)
112   Rib, ribeye roll, 10-up lbs.            66  129,198   $334.40     ($0.95)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      22   22,874   $514.50       $6.62
112A  Rib, ribeye roll-lip-on, 8-up lbs.      19   37,537   $550.03     ($4.10)
      Chuck, boneless 85%                      5   63,015   $198.52
120   Chuck, brisket                          18   82,101   $189.47     ($1.29)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           14   33,315   $236.81     ($0.58)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     38  328,597   $288.61     ($2.50)
169A  Round, top inside c-off, 14-up lbs.      6   36,819   $292.60       
171B  Round, outside round                     4   37,200   $241.76       $1.20
171C  Round, eye of round                     47   97,947   $242.69     ($0.30)
      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.            14   38,268   $235.38       $6.03
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  31   93,420   $235.65     ($4.57)
185A  Loin, bottom sirloin butt flap, bnls.   55  139,665   $320.27     ($2.66)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              26   87,578   $287.88       $0.18
112   Rib, ribeye roll, 8-up lbs.                       
100% LEAN
      Inside round - Combo                     7   70,394   $306.41       $0.34
      Inside round - Boxed                    30   33,621   $315.07     ($0.84)
      Outside round                            8   70,649   $260.60     ($0.04)
      Eye of round                            15   52,854   $269.88       $0.21
      Flats and eyes - Combo                  10  112,371   $261.62       $0.82
      Flats and eyes - Boxed                            
      Striploin                               61  286,298   $327.46       $0.01
      S.P.B. - Combo                          21  250,641   $264.61     ($0.54)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     29   88,213   $214.89       $0.15
167A  Round, knuckle, peeled                  11   64,139   $240.95     ($4.48)
190   Loin, tenderloin, 2-3 lbs.              17   26,818   $481.06     ($0.37)
190   Loin, tenderloin, 3-4 lbs.              40   77,675   $521.52     ($9.07)
190   Loin, tenderloin, 4-5 lbs.             128  152,904   $593.03     ($1.19)
190   Loin, tenderloin, 5-up lbs.             47  109,133   $554.10     ($1.98)
193   Flank, flank steak                      80   75,654   $305.25       $3.20
      Flank, rough                            49   94,455   $237.07       $2.25
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    7,125   $283.00
112   Rib, ribeye roll, 8-10 lbs.              9   21,120   $263.11       $2.22
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.             3    2,860   $314.82
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                       8   16,672   $300.75     ($1.65)
--------------------------------------------------------------------------------
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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