Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 10/10/2016

Past Market Reports

Report Date: 10/10/2016

LM_XB405
Des Moines, IA                 Mon, Oct 10, 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:               $157.87
Change from prior day:                $2.95
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $196.35        $109.64         $3.43
100% lean inside round                      $284.15          $6.59       ($0.09)
100% lean, flats and eyes                   $268.66          $6.23         
100% lean, S.P.B.                           $256.13         $12.81       ($0.19)
Chuck Tender                                $203.25          $2.03       ($0.01)
Knuckle                   4-7 lbs.          $216.87          $5.49         
Tenderloin                2-3 lbs.          $418.76          $2.22       ($0.02)
Tenderloin                3-4 lbs.          $465.79          $3.45       ($0.01)
Ribeye Roll               4-6 lbs.          $254.02          $2.67         
Ribeye Roll               6-8 lbs.          $271.69          $2.01         
Ribeye Roll               8up lbs.          $285.00          $2.08         
Flank Steak                                 $262.82          $1.10         $0.01
Kidney, Edible                               $20.40          $0.09       ($0.01)
Fat, inedible                                $16.92          $0.39         
Bone                                          $4.46          $1.07       ($0.16)
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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                 39.18  loads --            1,567,397  pounds
Cutter/Canner Cuts                  2.27  loads --               90,682  pounds
Boner/Breaker/Cutter/Canner        19.98  loads --              799,227  pounds
100% Lean Items                    21.27  loads --              850,618  pounds
Frozen Cuts                         1.61  loads --               64,437  pounds
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IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   17,272   $273.00     ($0.46)
112   Rib, ribeye roll, 8-10 lbs.             34   64,019   $305.23     ($3.66)
112   Rib, ribeye roll, 10-up lbs.            82  212,894   $304.76     ($1.96)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      11   24,064   $439.49       $9.36
112A  Rib, ribeye roll-lip-on, 8-up lbs.      21   72,856   $419.68     ($1.75)
      Chuck, boneless 85%                     10  117,636   $180.14     ($1.62)
120   Chuck, brisket                          20   92,110   $181.35     ($3.52)
168   Round, top inside, 10-dn lbs.            4    9,783   $193.78     ($0.67)
168   Round, top inside, 10-up lbs.           10   32,399   $218.90    ($10.27)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     34  368,862   $271.87     ($2.40)
169A  Round, top inside c-off, 14-up lbs.      3   34,522   $276.31       
171B  Round, outside round                     4    7,500   $256.72     ($1.82)
171C  Round, eye of round                     32   36,781   $240.98     ($1.80)
      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  130,202   $169.02     ($4.43)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  22  175,128   $187.49     ($1.38)
185A  Loin, bottom sirloin butt flap, bnls.   44  161,303   $210.30    ($10.86)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              23   78,787   $271.69     ($0.16)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     5   69,667   $277.82     ($4.42)
      Inside round - Boxed                    30   47,765   $293.37     ($0.74)
      Outside round                            3   27,099   $267.15       $0.35
      Eye of round                            15   49,600   $270.27       $1.13
      Flats and eyes - Combo                   9  107,349   $268.31     ($0.25)
      Flats and eyes - Boxed                            
      Striploin                               71  324,948   $282.66     ($2.74)
      S.P.B. - Combo                           8  132,000   $267.40     ($0.04)
      S.P.B. - Boxed                           3   92,190   $240.00
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     34  122,204   $203.25     ($1.17)
167A  Round, knuckle, peeled                  15  117,987   $216.87     ($0.09)
190   Loin, tenderloin, 2-3 lbs.              13   38,891   $418.76     ($3.97)
190   Loin, tenderloin, 3-4 lbs.              35   79,780   $465.79     ($1.67)
190   Loin, tenderloin, 4-5 lbs.             115  157,582   $520.38     ($2.77)
190   Loin, tenderloin, 5-up lbs.             27   74,739   $505.90       $1.53
193   Flank, flank steak                      75   85,020   $261.51       $4.24
      Flank, rough                            59  123,024   $208.20     ($1.17)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              6   10,087   $279.38
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.             4    9,620   $267.24
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    7,068   $519.13
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       8   22,949   $267.67     ($1.67)
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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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