Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 8/31/2016

Past Market Reports

Report Date: 8/31/2016

LM_XB405
Des Moines, IA                 Wed, Aug 31, 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:               $168.83
Change from prior day:              ($3.10)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $210.23        $117.39       ($3.10)
100% lean inside round                      $301.02          $6.98       ($0.03)
100% lean, flats and eyes                   $271.72          $6.30       ($0.03)
100% lean, S.P.B.                           $265.56         $13.28       ($0.01)
Chuck Tender                                $214.28          $2.14         $0.01
Knuckle                   4-7 lbs.          $244.13          $6.18         $0.04
Tenderloin                2-3 lbs.          $462.12          $2.45         
Tenderloin                3-4 lbs.          $513.82          $3.80       ($0.06)
Ribeye Roll               4-6 lbs.          $270.44          $2.84         $0.02
Ribeye Roll               6-8 lbs.          $294.32          $2.18         $0.05
Ribeye Roll               8up lbs.          $296.45          $2.16         
Flank Steak                                 $294.98          $1.24         $0.01
Kidney, Edible                               $19.33          $0.09         
Fat, inedible                                $16.92          $0.39         
Bone                                          $5.89          $1.41         
--------------------------------------------------------------------------------
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                 26.85  loads --            1,074,147  pounds
Cutter/Canner Cuts                  2.11  loads --               84,216  pounds
Boner/Breaker/Cutter/Canner        17.62  loads --              704,701  pounds
100% Lean Items                    23.04  loads --              921,644  pounds
Frozen Cuts                         4.12  loads --              164,840  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9    8,008   $308.31      $10.32
112   Rib, ribeye roll, 8-10 lbs.             30   59,373   $326.88       $2.22
112   Rib, ribeye roll, 10-up lbs.            60  100,530   $328.89     ($6.74)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      24   22,778   $458.12       $2.26
112A  Rib, ribeye roll-lip-on, 8-up lbs.      13   50,944   $499.70    ($18.65)
      Chuck, boneless 85%                      9  130,229   $196.19       
120   Chuck, brisket                          26   54,666   $189.04     ($0.09)
168   Round, top inside, 10-dn lbs.            5   12,078   $224.75     ($0.24)
168   Round, top inside, 10-up lbs.           18   61,037   $246.07       $9.22
169A  Round, top inside c-off, 8-10 lbs.       3   14,062   $291.89
169A  Round, top inside c-off, 10-14 lbs.     29  208,571   $287.46     ($0.66)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     5   37,380   $242.64     ($8.32)
171C  Round, eye of round                     36   65,390   $235.24     ($7.15)
      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.            20   75,891   $212.70    ($46.69)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  24   68,946   $235.21     ($1.79)
185A  Loin, bottom sirloin butt flap, bnls.   49   96,109   $341.67     ($5.50)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              24   82,888   $294.32       $6.25
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     6   66,463   $295.45     ($1.73)
      Inside round - Boxed                    37   86,135   $305.31     ($0.86)
      Outside round                            4   46,490   $265.97       $0.18
      Eye of round                            19  133,519   $280.35       $2.04
      Flats and eyes - Combo                  10  122,398   $264.50     ($2.25)
      Flats and eyes - Boxed                            
      Striploin                               58  262,768   $322.06     ($0.23)
      S.P.B. - Combo                          15  203,571   $265.54     ($0.17)
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     35  129,166   $214.28       $1.05
167A  Round, knuckle, peeled                  18   52,410   $244.13       $1.61
190   Loin, tenderloin, 2-3 lbs.              18   20,053   $462.12     ($0.32)
190   Loin, tenderloin, 3-4 lbs.              45  109,549   $513.82     ($7.62)
190   Loin, tenderloin, 4-5 lbs.             135  144,329   $567.22     ($0.07)
190   Loin, tenderloin, 5-up lbs.             42   62,315   $562.67     ($0.63)
193   Flank, flank steak                      92   80,169   $294.78       $1.30
      Flank, rough                            51  106,710   $233.67       $0.01
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              3   12,435   $310.91       
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    3,536   $315.43
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               7  115,224   $270.44       $1.71
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.               3   14,896   $525.86       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       8   18,179   $295.86       $1.54
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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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