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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 9/14/2016

LM_XB405
Des Moines, IA                 Wed, Sep 14, 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:               $164.07
Change from prior day:              ($2.46)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $204.19        $114.02       ($2.51)
100% lean inside round                      $294.11          $6.82         $0.06
100% lean, flats and eyes                   $268.67          $6.23       ($0.01)
100% lean, S.P.B.                           $266.43         $13.32         
Chuck Tender                                $209.34          $2.09       ($0.01)
Knuckle                   4-7 lbs.          $226.49          $5.73         
Tenderloin                2-3 lbs.          $427.26          $2.26       ($0.02)
Tenderloin                3-4 lbs.          $470.15          $3.48         $0.04
Ribeye Roll               4-6 lbs.          $271.59          $2.85         
Ribeye Roll               6-8 lbs.          $287.43          $2.13         $0.01
Ribeye Roll               8up lbs.          $296.13          $2.16         
Flank Steak                                 $286.71          $1.20       ($0.02)
Kidney, Edible                               $21.94          $0.10         
Fat, inedible                                $16.92          $0.39         
Bone                                          $5.37          $1.29         
--------------------------------------------------------------------------------
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                 35.21  loads --            1,408,355  pounds
Cutter/Canner Cuts                  2.24  loads --               89,434  pounds
Boner/Breaker/Cutter/Canner        19.55  loads --              781,834  pounds
100% Lean Items                    21.93  loads --              877,088  pounds
Frozen Cuts                         2.23  loads --               89,050  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   18,910   $284.92     ($2.07)
112   Rib, ribeye roll, 8-10 lbs.             34   65,714   $316.53     ($1.29)
112   Rib, ribeye roll, 10-up lbs.            66   86,885   $327.18       $0.74
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      29   73,425   $401.66     ($4.08)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      23  107,737   $454.55       $1.07
      Chuck, boneless 85%                      9   96,632   $192.59       
120   Chuck, brisket                          31   76,749   $176.83     ($1.70)
168   Round, top inside, 10-dn lbs.            4    6,944   $199.30     ($5.67)
168   Round, top inside, 10-up lbs.           14   51,540   $234.41      $14.88
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     44  298,484   $287.16     ($0.35)
169A  Round, top inside c-off, 14-up lbs.      5   47,184   $284.75       $0.16
171B  Round, outside round                     7   69,380   $241.31     ($0.90)
171C  Round, eye of round                     48   84,477   $241.80     ($2.97)
      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.            28   96,428   $218.31       
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  40  123,450   $216.70     ($3.19)
185A  Loin, bottom sirloin butt flap, bnls.   49  104,416   $294.64    ($14.47)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              27   80,702   $287.43       $1.15
112   Rib, ribeye roll, 8-up lbs.              5    8,732   $296.13       
100% LEAN
      Inside round - Combo                     6   37,964   $295.85     ($0.64)
      Inside round - Boxed                    31   78,318   $293.26       $3.93
      Outside round                            8   64,741   $267.78     ($1.00)
      Eye of round                            16   43,109   $275.47       $1.51
      Flats and eyes - Combo                   9  136,442   $266.94       
      Flats and eyes - Boxed                            
      Striploin                               74  326,514   $304.68     ($5.00)
      S.P.B. - Combo                           9  190,000   $266.43       
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32  107,399   $209.34     ($0.93)
167A  Round, knuckle, peeled                  15   84,015   $226.49       $0.16
190   Loin, tenderloin, 2-3 lbs.              17   32,068   $427.26     ($3.80)
190   Loin, tenderloin, 3-4 lbs.              38   95,162   $472.68       $5.56
190   Loin, tenderloin, 4-5 lbs.             146  228,240   $527.59       $6.47
190   Loin, tenderloin, 5-up lbs.             40   27,342   $564.61      $10.28
193   Flank, flank steak                      92  113,837   $283.91     ($4.17)
      Flank, rough                            54   93,771   $219.34       $1.48
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6   13,965   $276.27     ($0.45)
112   Rib, ribeye roll, 8-10 lbs.              6   22,994   $290.09       $2.18
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.
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.               3    8,664   $538.26       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      11   23,161   $300.47       $1.67
--------------------------------------------------------------------------------
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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