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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 9/19/2016

LM_XB405
Des Moines, IA                 Mon, Sep 19, 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:               $165.38
Change from prior day:              ($1.24)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $206.79        $115.47       ($1.00)
100% lean inside round                      $288.64          $6.70       ($0.03)
100% lean, flats and eyes                   $269.17          $6.24         $0.01
100% lean, S.P.B.                           $261.41         $13.07       ($0.07)
Chuck Tender                                $204.14          $2.04       ($0.01)
Knuckle                   4-7 lbs.          $237.09          $6.00       ($0.07)
Tenderloin                2-3 lbs.          $423.02          $2.24       ($0.02)
Tenderloin                3-4 lbs.          $489.12          $3.62         $0.05
Ribeye Roll               4-6 lbs.          $271.59          $2.85         
Ribeye Roll               6-8 lbs.          $286.34          $2.12         
Ribeye Roll               8up lbs.          $295.99          $2.16         
Flank Steak                                 $273.66          $1.15       ($0.04)
Kidney, Edible                               $23.40          $0.11         $0.01
Fat, inedible                                $16.92          $0.39         
Bone                                          $5.07          $1.22       ($0.07)
--------------------------------------------------------------------------------
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                 37.13  loads --            1,485,334  pounds
Cutter/Canner Cuts                  1.09  loads --               43,703  pounds
Boner/Breaker/Cutter/Canner        18.43  loads --              737,293  pounds
100% Lean Items                    21.95  loads --              878,107  pounds
Frozen Cuts                         1.17  loads --               46,732  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   16,485   $286.72       $1.55
112   Rib, ribeye roll, 8-10 lbs.             28   79,999   $307.21     ($2.66)
112   Rib, ribeye roll, 10-up lbs.            70  131,880   $321.00     ($0.88)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      24   94,671   $402.36       $0.47
112A  Rib, ribeye roll-lip-on, 8-up lbs.      18   71,851   $451.36       $9.51
      Chuck, boneless 85%                      6   65,120   $188.68     ($1.74)
120   Chuck, brisket                          29   80,668   $177.25       $0.55
168   Round, top inside, 10-dn lbs.            4    7,660   $196.22       
168   Round, top inside, 10-up lbs.           17   60,792   $202.25     ($4.82)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     34  292,645   $280.88       $0.24
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     4   36,840   $241.32     ($0.93)
171C  Round, eye of round                     43   86,519   $249.66      $13.14
      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.            34  158,076   $210.91     ($6.54)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  26   83,768   $224.78       $1.20
185A  Loin, bottom sirloin butt flap, bnls.   45  197,424   $252.24       $1.71
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              23   37,444   $286.34     ($0.27)
112   Rib, ribeye roll, 8-up lbs.              3    6,259   $295.99       
100% LEAN
      Inside round - Combo                     5   30,415   $298.27       $1.46
      Inside round - Boxed                    33  127,189   $286.34     ($1.67)
      Outside round                            5   48,220   $267.70       $0.12
      Eye of round                            13   34,123   $272.03     ($4.04)
      Flats and eyes - Combo                   8  105,750   $268.91       $1.81
      Flats and eyes - Boxed                            
      Striploin                               64  326,410   $302.12     ($0.82)
      S.P.B. - Combo                           9  164,000   $266.89       $0.24
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31  118,596   $204.14     ($0.69)
167A  Round, knuckle, peeled                  13   48,504   $237.09     ($2.79)
190   Loin, tenderloin, 2-3 lbs.              24   30,504   $423.02     ($2.62)
190   Loin, tenderloin, 3-4 lbs.              39  100,263   $489.12       $6.96
190   Loin, tenderloin, 4-5 lbs.             113  179,801   $533.86     ($0.87)
190   Loin, tenderloin, 5-up lbs.             35   61,838   $540.60       $0.07
193   Flank, flank steak                      80   94,254   $270.74    ($10.46)
      Flank, rough                            52  103,533   $220.11       $0.62
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   12,825   $273.96       
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.
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       7   14,999   $292.05     ($3.16)
--------------------------------------------------------------------------------
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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