Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 8/24/2016

Past Market Reports

Report Date: 8/24/2016

LM_XB405
Des Moines, IA                 Wed, Aug 24, 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:               $170.87
Change from prior day:              ($0.97)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $213.68        $119.32       ($1.10)
100% lean inside round                      $304.02          $7.05         $0.01
100% lean, flats and eyes                   $264.49          $6.14         $0.03
100% lean, S.P.B.                           $265.26         $13.26         $0.02
Chuck Tender                                $212.07          $2.12         $0.01
Knuckle                   4-7 lbs.          $241.74          $6.12         $0.03
Tenderloin                2-3 lbs.          $452.46          $2.40         $0.05
Tenderloin                3-4 lbs.          $531.45          $3.93         $0.03
Ribeye Roll               4-6 lbs.          $281.30          $2.95         
Ribeye Roll               6-8 lbs.          $289.12          $2.14       ($0.04)
Ribeye Roll               8up lbs.          $311.43          $2.27         
Flank Steak                                 $292.22          $1.23       ($0.01)
Kidney, Edible                               $19.33          $0.09         
Fat, inedible                                $16.92          $0.39         
Bone                                          $6.08          $1.46         
--------------------------------------------------------------------------------
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                 26.55  loads --            1,061,941  pounds
Cutter/Canner Cuts                  2.09  loads --               83,691  pounds
Boner/Breaker/Cutter/Canner        19.22  loads --              768,844  pounds
100% Lean Items                    21.64  loads --              865,624  pounds
Frozen Cuts                         1.78  loads --               71,096  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.             38   61,948   $341.77       $8.41
112   Rib, ribeye roll, 10-up lbs.            54  122,019   $330.03       $2.48
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      17   30,299   $500.31    ($17.83)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      10   19,508   $530.13    ($12.08)
      Chuck, boneless 85%                      8  149,120   $196.23     ($0.68)
120   Chuck, brisket                          18   46,639   $192.66     ($0.70)
168   Round, top inside, 10-dn lbs.            3   16,107   $219.05       
168   Round, top inside, 10-up lbs.           16   38,189   $241.82       $4.48
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     29  183,744   $291.52       $3.38
169A  Round, top inside c-off, 14-up lbs.      3   15,826   $288.13
171B  Round, outside round                     5    9,800   $248.37       $5.20
171C  Round, eye of round                     25   41,815   $240.86       $1.81
      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.            25   99,117   $232.24       $4.47
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  31   65,244   $237.86       $1.92
185A  Loin, bottom sirloin butt flap, bnls.   54  153,846   $318.84       $1.24
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              33   83,691   $289.12     ($4.99)
112   Rib, ribeye roll, 8-up lbs.                       
100% LEAN
      Inside round - Combo                     7   64,553   $306.00     ($0.47)
      Inside round - Boxed                    34   54,296   $301.67       $1.02
      Outside round                            9   79,049   $263.20       $0.46
      Eye of round                            16   33,153   $264.76     ($2.00)
      Flats and eyes - Combo                  10  111,875   $265.33       $2.55
      Flats and eyes - Boxed                            
      Striploin                               72  324,966   $326.57     ($0.18)
      S.P.B. - Combo                          19  197,417   $265.24       $0.44
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30  102,195   $212.07       $0.72
167A  Round, knuckle, peeled                  18   76,215   $241.74       $0.88
190   Loin, tenderloin, 2-3 lbs.              20   17,584   $452.46       $9.50
190   Loin, tenderloin, 3-4 lbs.              35   82,433   $531.45       $4.40
190   Loin, tenderloin, 4-5 lbs.             136  200,811   $574.24     ($3.95)
190   Loin, tenderloin, 5-up lbs.             40   60,765   $575.09       $4.73
193   Flank, flank steak                      84  102,740   $291.42     ($2.28)
      Flank, rough                            51  126,101   $222.36       $0.38
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   16,340   $331.81       $2.17
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    9,620   $318.00       
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   13,553   $281.30       
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   11,913   $299.09     ($0.03)
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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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