Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 10/24/2016

Past Market Reports

Report Date: 10/24/2016

LM_XB405
Des Moines, IA                 Mon, Oct 24, 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:               $156.09
Change from prior day:                $0.87
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Item                                          Price          Value        Change
90% lean                                    $193.10        $107.83         $1.00
100% lean inside round                      $286.07          $6.64       ($0.09)
100% lean, flats and eyes                   $265.06          $6.15       ($0.02)
100% lean, S.P.B.                           $263.69         $13.18       ($0.13)
Chuck Tender                                $196.63          $1.97         $0.01
Knuckle                   4-7 lbs.          $218.35          $5.52         $0.14
Tenderloin                2-3 lbs.          $420.38          $2.23         $0.03
Tenderloin                3-4 lbs.          $460.81          $3.41       ($0.01)
Ribeye Roll               4-6 lbs.          $249.82          $2.62         $0.01
Ribeye Roll               6-8 lbs.          $268.92          $1.99         $0.02
Ribeye Roll               8up lbs.          $275.97          $2.01         
Flank Steak                                 $247.34          $1.04       ($0.02)
Kidney, Edible                               $19.50          $0.09       ($0.01)
Fat, inedible                                $17.59          $0.41         $0.02
Bone                                          $4.15          $1.00       ($0.08)
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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                 31.44  loads --            1,257,760  pounds
Cutter/Canner Cuts                  2.50  loads --               99,850  pounds
Boner/Breaker/Cutter/Canner        15.84  loads --              633,628  pounds
100% Lean Items                    24.89  loads --              995,428  pounds
Frozen Cuts                         2.02  loads --               80,942  pounds
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IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
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BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   13,196   $260.97      $12.98
112   Rib, ribeye roll, 8-10 lbs.             29   67,229   $305.34       $1.28
112   Rib, ribeye roll, 10-up lbs.            64  128,223   $317.52       $4.53
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      12   10,798   $397.17     ($0.87)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      21   64,174   $403.32       $0.70
      Chuck, boneless 85%                      7  147,020   $177.81       $0.30
120   Chuck, brisket                          26   86,724   $173.92     ($0.85)
168   Round, top inside, 10-dn lbs.            3    6,401   $186.29
168   Round, top inside, 10-up lbs.           11   28,993   $220.73       $9.20
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     38  359,897   $268.91     ($1.10)
169A  Round, top inside c-off, 14-up lbs.      3   30,548   $272.25       $0.15
171B  Round, outside round                     4   35,680   $256.81       $0.20
171C  Round, eye of round                     35   86,420   $237.46     ($0.97)
      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.            13   28,624   $169.44     ($1.03)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  21   31,809   $195.17     ($0.93)
185A  Loin, bottom sirloin butt flap, bnls.   51  110,898   $252.38       $6.48
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              24   69,465   $268.92       $2.86
112   Rib, ribeye roll, 8-up lbs.              5   11,692   $275.97
100% LEAN
      Inside round - Combo                    11  210,588   $281.88     ($4.53)
      Inside round - Boxed                    33  121,101   $293.36     ($1.65)
      Outside round                            6   72,627   $262.58       $0.30
      Eye of round                            18   74,782   $263.85       $0.47
      Flats and eyes - Combo                   7  102,555   $267.68     ($2.22)
      Flats and eyes - Boxed                            
      Striploin                               57  249,775   $284.20     ($1.18)
      S.P.B. - Combo                          10  164,000   $263.69     ($2.43)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     26   83,070   $196.63       $1.03
167A  Round, knuckle, peeled                  18   64,375   $218.35       $5.73
190   Loin, tenderloin, 2-3 lbs.              15   18,580   $420.38       $4.67
190   Loin, tenderloin, 3-4 lbs.              43   51,944   $460.81     ($0.94)
190   Loin, tenderloin, 4-5 lbs.             125  163,732   $509.85     ($4.29)
190   Loin, tenderloin, 5-up lbs.             27   71,031   $482.60       $2.07
193   Flank, flank steak                      90   91,751   $245.30     ($5.63)
      Flank, rough                            52   89,145   $212.56       $0.16
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    8,265   $289.62       $0.20
112   Rib, ribeye roll, 8-10 lbs.              3    8,900   $296.31       
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.               3   37,082   $250.76
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                       9   23,055   $255.47       $2.66
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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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