Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 10/20/2016

Past Market Reports

Report Date: 10/20/2016

LM_XB405
Des Moines, IA                 Thu, Oct 20, 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:               $155.24
Change from prior day:              ($0.39)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $191.32        $106.83       ($0.19)
100% lean inside round                      $291.15          $6.75         
100% lean, flats and eyes                   $265.81          $6.17         $0.02
100% lean, S.P.B.                           $265.93         $13.30         
Chuck Tender                                $199.14          $1.99         
Knuckle                   4-7 lbs.          $212.62          $5.38         
Tenderloin                2-3 lbs.          $415.31          $2.20         $0.01
Tenderloin                3-4 lbs.          $457.34          $3.38         
Ribeye Roll               4-6 lbs.          $248.96          $2.61       ($0.14)
Ribeye Roll               6-8 lbs.          $266.76          $1.97         
Ribeye Roll               8up lbs.          $279.43          $2.04       ($0.01)
Flank Steak                                 $251.07          $1.05       ($0.08)
Kidney, Edible                               $22.17          $0.10         
Fat, inedible                                $16.92          $0.39         
Bone                                          $4.52          $1.08         
--------------------------------------------------------------------------------
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                 31.03  loads --            1,241,201  pounds
Cutter/Canner Cuts                  1.94  loads --               77,720  pounds
Boner/Breaker/Cutter/Canner        15.94  loads --              637,661  pounds
100% Lean Items                    21.98  loads --              879,154  pounds
Frozen Cuts                        11.33  loads --              453,336  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   12,846   $246.75       $1.19
112   Rib, ribeye roll, 8-10 lbs.             31   68,860   $303.49     ($0.55)
112   Rib, ribeye roll, 10-up lbs.            73  174,169   $310.14       $0.52
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      13    9,685   $401.96    ($14.83)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      17   60,990   $396.02       $1.22
      Chuck, boneless 85%                      7  107,120   $177.50       $8.03
120   Chuck, brisket                          25  106,604   $174.69       $1.23
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           13   35,647   $213.16      $31.46
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     31  299,120   $268.48     ($0.68)
169A  Round, top inside c-off, 14-up lbs.      3   37,476   $272.10       
171B  Round, outside round                     4   35,920   $256.84     ($2.21)
171C  Round, eye of round                     41   93,015   $235.72      $13.69
      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.            11   19,691   $190.53    ($24.12)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  17   50,519   $200.73       $0.05
185A  Loin, bottom sirloin butt flap, bnls.   49   98,846   $239.90     ($0.65)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              28   68,423   $266.76       $0.77
112   Rib, ribeye roll, 8-up lbs.              4    6,209   $279.43     ($1.89)
100% LEAN
      Inside round - Combo                    11  126,768   $287.99       $0.21
      Inside round - Boxed                    35  101,456   $295.11     ($0.25)
      Outside round                            5   63,206   $261.32       
      Eye of round                            13   46,431   $262.60       $2.36
      Flats and eyes - Combo                   7  105,947   $269.90       
      Flats and eyes - Boxed                            
      Striploin                               56  239,346   $285.46       $1.67
      S.P.B. - Combo                          13  196,000   $265.93       
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31   87,672   $199.14       $0.02
167A  Round, knuckle, peeled                  15   87,667   $212.62       
190   Loin, tenderloin, 2-3 lbs.              14   18,618   $415.31       $2.56
190   Loin, tenderloin, 3-4 lbs.              40   50,605   $457.34       $0.43
190   Loin, tenderloin, 4-5 lbs.             118  163,250   $517.52     ($2.91)
190   Loin, tenderloin, 5-up lbs.             26   52,590   $480.03       $9.13
193   Flank, flank steak                      87   92,568   $250.93    ($20.09)
      Flank, rough                            50   84,691   $212.29       $0.31
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    9,405   $289.42       $0.69
112   Rib, ribeye roll, 8-10 lbs.             13  389,400   $302.96       $0.04
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    4,282   $459.27       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       7   18,550   $251.79       $0.48
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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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