Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 9/16/2016

Past Market Reports

Report Date: 9/16/2016

LM_XB405
Des Moines, IA                 Fri, Sep 16, 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:               $166.62
Change from prior day:                $2.28
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $208.58        $116.47         $2.45
100% lean inside round                      $290.03          $6.73       ($0.01)
100% lean, flats and eyes                   $268.33          $6.23         
100% lean, S.P.B.                           $262.73         $13.14       ($0.18)
Chuck Tender                                $204.83          $2.05       ($0.02)
Knuckle                   4-7 lbs.          $239.88          $6.07         
Tenderloin                2-3 lbs.          $425.64          $2.26         
Tenderloin                3-4 lbs.          $482.16          $3.57         $0.04
Ribeye Roll               4-6 lbs.          $271.59          $2.85         
Ribeye Roll               6-8 lbs.          $286.61          $2.12         
Ribeye Roll               8up lbs.          $295.99          $2.16         
Flank Steak                                 $283.22          $1.19         
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                 37.01  loads --            1,480,307  pounds
Cutter/Canner Cuts                  1.17  loads --               46,776  pounds
Boner/Breaker/Cutter/Canner        18.67  loads --              746,852  pounds
100% Lean Items                    25.22  loads --            1,008,702  pounds
Frozen Cuts                         1.63  loads --               65,265  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   15,995   $285.17       $1.87
112   Rib, ribeye roll, 8-10 lbs.             28   77,551   $309.87       $1.04
112   Rib, ribeye roll, 10-up lbs.            67   96,873   $321.88       $0.16
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      28   87,330   $401.89     ($0.13)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      21   86,986   $441.85       $1.87
      Chuck, boneless 85%                      9   96,632   $190.42     ($0.03)
120   Chuck, brisket                          30   85,726   $176.70       $0.34
168   Round, top inside, 10-dn lbs.            4    7,660   $196.22     ($1.37)
168   Round, top inside, 10-up lbs.           16   53,097   $207.07    ($10.96)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     32  275,838   $280.64     ($4.96)
169A  Round, top inside c-off, 14-up lbs.      4   44,925   $284.87       $0.12
171B  Round, outside round                     5   37,800   $242.25       $0.06
171C  Round, eye of round                     48   72,490   $236.52     ($2.47)
      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.            39  164,317   $217.45     ($6.99)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  29   83,343   $223.58       $7.07
185A  Loin, bottom sirloin butt flap, bnls.   44  193,744   $250.53     ($4.84)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              27   40,517   $286.61     ($0.15)
112   Rib, ribeye roll, 8-up lbs.              3    6,259   $295.99     ($0.14)
100% LEAN
      Inside round - Combo                     6   34,166   $296.81       
      Inside round - Boxed                    33  114,317   $288.01     ($0.11)
      Outside round                            5   46,528   $267.58     ($0.86)
      Eye of round                            14   31,108   $276.07     ($0.03)
      Flats and eyes - Combo                  11  166,442   $267.10       $0.16
      Flats and eyes - Boxed                            
      Striploin                               71  330,141   $302.94       $0.84
      S.P.B. - Combo                          11  244,000   $266.65       $0.22
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     29  102,207   $204.83     ($1.81)
167A  Round, knuckle, peeled                  12   41,087   $239.88     ($0.19)
190   Loin, tenderloin, 2-3 lbs.              26   42,532   $425.64     ($0.50)
190   Loin, tenderloin, 3-4 lbs.              37   92,861   $482.16       $5.14
190   Loin, tenderloin, 4-5 lbs.             126  183,140   $534.73       $1.46
190   Loin, tenderloin, 5-up lbs.             41   65,324   $540.53    ($32.19)
193   Flank, flank steak                      88  111,372   $281.20     ($1.01)
      Flank, rough                            51  108,329   $219.49     ($1.34)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   12,825   $273.96       $0.48
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.
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   10,374   $531.08       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       8   18,709   $295.21       
--------------------------------------------------------------------------------
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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