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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 9/2/2016

LM_XB405
Des Moines, IA                 Fri, Sep 02, 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:               $167.97
Change from prior day:              ($0.88)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $209.44        $116.95       ($0.76)
100% lean inside round                      $301.14          $6.99         $0.05
100% lean, flats and eyes                   $267.89          $6.21         
100% lean, S.P.B.                           $265.65         $13.28         
Chuck Tender                                $216.08          $2.16         $0.01
Knuckle                   4-7 lbs.          $238.64          $6.04       ($0.13)
Tenderloin                2-3 lbs.          $460.94          $2.44       ($0.01)
Tenderloin                3-4 lbs.          $489.15          $3.62       ($0.06)
Ribeye Roll               4-6 lbs.          $270.44          $2.84         
Ribeye Roll               6-8 lbs.          $291.66          $2.16         $0.03
Ribeye Roll               8up lbs.          $295.00          $2.15       ($0.01)
Flank Steak                                 $296.28          $1.24         
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                 27.26  loads --            1,090,405  pounds
Cutter/Canner Cuts                  1.04  loads --               41,524  pounds
Boner/Breaker/Cutter/Canner        16.45  loads --              657,951  pounds
100% Lean Items                    20.22  loads --              808,764  pounds
Frozen Cuts                         4.34  loads --              173,474  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9    8,358   $309.72       $1.41
112   Rib, ribeye roll, 8-10 lbs.             21   40,550   $327.73       $0.87
112   Rib, ribeye roll, 10-up lbs.            70  111,205   $328.63     ($0.97)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      26   37,315   $457.11       $0.33
112A  Rib, ribeye roll-lip-on, 8-up lbs.      19   60,095   $486.44       $0.77
      Chuck, boneless 85%                      8  128,129   $196.20       
120   Chuck, brisket                          18   33,437   $190.37     ($0.82)
168   Round, top inside, 10-dn lbs.            5    3,431   $212.59
168   Round, top inside, 10-up lbs.           17   52,279   $239.76     ($7.91)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     29  202,352   $288.88       $0.08
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     6   40,280   $244.29       $2.23
171C  Round, eye of round                     37   68,934   $236.25       $1.18
      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.            23   79,815   $222.89       $3.09
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  23   70,843   $234.50       $0.54
185A  Loin, bottom sirloin butt flap, bnls.   54  138,071   $309.35     ($3.02)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              21   40,774   $291.66       $3.32
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     4   22,683   $301.19       $6.50
      Inside round - Boxed                    34   78,267   $301.12     ($1.67)
      Outside round                            4   46,287   $265.82       
      Eye of round                            16   66,716   $273.14       
      Flats and eyes - Combo                  11  129,689   $265.92       
      Flats and eyes - Boxed                            
      Striploin                               59  238,710   $318.15     ($1.28)
      S.P.B. - Combo                          18  226,112   $265.63       $0.11
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30  116,531   $216.08       $0.72
167A  Round, knuckle, peeled                  15   40,153   $238.64     ($5.04)
190   Loin, tenderloin, 2-3 lbs.              16   18,375   $460.94     ($1.18)
190   Loin, tenderloin, 3-4 lbs.              39  111,043   $489.15     ($8.12)
190   Loin, tenderloin, 4-5 lbs.             131  152,190   $564.10     ($1.77)
190   Loin, tenderloin, 5-up lbs.             40   40,299   $570.88       $0.75
193   Flank, flank steak                      91   88,162   $295.36       $2.02
      Flank, rough                            47   91,198   $235.80     ($1.70)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.
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    9,516   $307.89       $0.01
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               7  115,224   $270.44       
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.               4   15,305   $526.90       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       5   10,759   $303.86       $2.33
--------------------------------------------------------------------------------
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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