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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 9/8/2016

LM_XB405
Des Moines, IA                 Thu, Sep 08, 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:               $167.16
Change from prior day:                $1.15
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $209.22        $116.83         $1.50
100% lean inside round                      $288.95          $6.70         $0.02
100% lean, flats and eyes                   $268.76          $6.24       ($0.01)
100% lean, S.P.B.                           $266.55         $13.33         $0.01
Chuck Tender                                $209.53          $2.10       ($0.03)
Knuckle                   4-7 lbs.          $227.95          $5.77       ($0.30)
Tenderloin                2-3 lbs.          $443.89          $2.35         
Tenderloin                3-4 lbs.          $471.72          $3.49       ($0.05)
Ribeye Roll               4-6 lbs.          $271.59          $2.85         
Ribeye Roll               6-8 lbs.          $287.71          $2.13         $0.01
Ribeye Roll               8up lbs.          $295.00          $2.15         
Flank Steak                                 $294.25          $1.24         
Kidney, Edible                               $19.33          $0.09         
Fat, inedible                                $20.82          $0.48         
Bone                                          $5.88          $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                 27.42  loads --            1,096,634  pounds
Cutter/Canner Cuts                  1.52  loads --               60,666  pounds
Boner/Breaker/Cutter/Canner        20.47  loads --              818,874  pounds
100% Lean Items                    15.94  loads --              637,415  pounds
Frozen Cuts                         1.93  loads --               77,076  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.             25   46,125   $319.39     ($5.34)
112   Rib, ribeye roll, 10-up lbs.            74  124,511   $327.82     ($0.08)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      24   32,931   $427.15     ($6.21)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      20   61,466   $480.83       $0.90
      Chuck, boneless 85%                     11  235,250   $189.41       $0.90
120   Chuck, brisket                          21   31,835   $185.66       $1.64
168   Round, top inside, 10-dn lbs.            7    9,737   $209.15       $0.23
168   Round, top inside, 10-up lbs.           12   38,617   $231.22      $14.83
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     32  215,096   $287.30     ($2.25)
169A  Round, top inside c-off, 14-up lbs.      3   13,973   $286.54       
171B  Round, outside round                     6   39,370   $243.35    ($11.36)
171C  Round, eye of round                     29   52,061   $246.11       $2.33
      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.            13   49,476   $218.24     ($9.00)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  24   69,365   $225.41     ($7.67)
185A  Loin, bottom sirloin butt flap, bnls.   43   69,318   $318.67      $25.36
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              30   58,092   $287.71       $1.47
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     4   17,000   $294.36
      Inside round - Boxed                    25   73,213   $287.69     ($0.18)
      Outside round                            5   32,138   $265.60     ($1.31)
      Eye of round                            15   52,487   $274.24       $2.03
      Flats and eyes - Combo                   6   80,000   $266.42     ($1.95)
      Flats and eyes - Boxed                            
      Striploin                               67  241,449   $318.44       $0.45
      S.P.B. - Combo                           9  140,648   $266.50       $0.10
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30  100,089   $209.53     ($3.89)
167A  Round, knuckle, peeled                   9   95,685   $227.95    ($11.99)
190   Loin, tenderloin, 2-3 lbs.              13   17,490   $443.89     ($0.02)
190   Loin, tenderloin, 3-4 lbs.              35   91,471   $474.51     ($3.66)
190   Loin, tenderloin, 4-5 lbs.             126  242,813   $516.66     ($5.62)
190   Loin, tenderloin, 5-up lbs.             36   48,715   $559.42     ($2.62)
193   Flank, flank steak                      73   68,502   $293.71       $0.29
      Flank, rough                            55  154,109   $215.46     ($1.31)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   11,115   $279.41
112   Rib, ribeye roll, 8-10 lbs.              4    4,747   $268.06     ($2.06)
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   12,168   $294.54
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   19,398   $296.14     ($2.94)
--------------------------------------------------------------------------------
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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