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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 8/22/2016

LM_XB405
Des Moines, IA                 Mon, Aug 22, 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:               $171.65
Change from prior day:                $0.83
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $215.26        $120.20         $1.10
100% lean inside round                      $303.92          $7.05       ($0.14)
100% lean, flats and eyes                   $262.86          $6.10         $0.01
100% lean, S.P.B.                           $264.59         $13.23       ($0.01)
Chuck Tender                                $213.75          $2.14         
Knuckle                   4-7 lbs.          $240.86          $6.09         $0.06
Tenderloin                2-3 lbs.          $451.46          $2.39       ($0.08)
Tenderloin                3-4 lbs.          $520.50          $3.85       ($0.05)
Ribeye Roll               4-6 lbs.          $284.00          $2.98         
Ribeye Roll               6-8 lbs.          $290.95          $2.15         
Ribeye Roll               8up lbs.          $311.43          $2.27         
Flank Steak                                 $300.31          $1.26       ($0.01)
Kidney, Edible                               $19.33          $0.09       ($0.01)
Fat, inedible                                $16.92          $0.39         
Bone                                          $6.08          $1.46       ($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                 32.86  loads --            1,314,502  pounds
Cutter/Canner Cuts                  2.53  loads --              101,163  pounds
Boner/Breaker/Cutter/Canner        17.37  loads --              694,708  pounds
100% Lean Items                    23.18  loads --              927,390  pounds
Frozen Cuts                         1.75  loads --               69,953  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.             49   86,374   $335.41       $1.18
112   Rib, ribeye roll, 10-up lbs.            59  152,879   $330.49     ($2.21)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      17   14,246   $518.81       $0.38
112A  Rib, ribeye roll-lip-on, 8-up lbs.      10   33,567   $547.98       $1.24
      Chuck, boneless 85%                     12  170,135   $197.54     ($0.95)
120   Chuck, brisket                          13   30,169   $193.66       $2.75
168   Round, top inside, 10-dn lbs.            4   16,967   $219.05     ($0.07)
168   Round, top inside, 10-up lbs.           19   43,196   $231.30    ($10.14)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     35  332,091   $287.83       $0.41
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     5   37,800   $242.06     ($0.20)
171C  Round, eye of round                     41   59,946   $234.50       $0.84
      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.            22   96,649   $225.41       $1.54
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  39  109,444   $235.04     ($0.94)
185A  Loin, bottom sirloin butt flap, bnls.   53  123,087   $336.18       $3.14
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              34  101,163   $290.95       $0.60
112   Rib, ribeye roll, 8-up lbs.                       
100% LEAN
      Inside round - Combo                     8   53,372   $306.85     ($0.01)
      Inside round - Boxed                    30   53,304   $300.98    ($13.91)
      Outside round                            9   83,071   $262.45       $1.57
      Eye of round                            12   25,878   $264.83     ($1.95)
      Flats and eyes - Combo                  15  180,987   $262.77       $1.20
      Flats and eyes - Boxed                            
      Striploin                               59  205,871   $329.90       $2.07
      S.P.B. - Combo                          24  324,592   $264.58     ($0.17)
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31   93,567   $213.75       $0.22
167A  Round, knuckle, peeled                  21  102,434   $240.86       $2.65
190   Loin, tenderloin, 2-3 lbs.              13   15,141   $451.46    ($15.20)
190   Loin, tenderloin, 3-4 lbs.              30   45,454   $520.50     ($6.33)
190   Loin, tenderloin, 4-5 lbs.             138  199,971   $584.30     ($8.64)
190   Loin, tenderloin, 5-up lbs.             38   69,800   $568.37     ($0.58)
193   Flank, flank steak                      87   88,779   $300.44     ($4.12)
      Flank, rough                            52   79,562   $235.57     ($4.30)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              6   13,200   $314.95       $6.24
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.       3    1,100   $309.36       
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   10,140   $318.00       
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                       9   16,142   $299.61       $2.99
--------------------------------------------------------------------------------
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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