Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 10/27/2016

Past Market Reports

Report Date: 10/27/2016

LM_XB405
Des Moines, IA                 Thu, Oct 27, 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:               $155.33
Change from prior day:                $0.90
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $192.53        $107.51         $0.94
100% lean inside round                      $281.99          $6.54         
100% lean, flats and eyes                   $266.34          $6.18       ($0.01)
100% lean, S.P.B.                           $264.72         $13.24         $0.02
Chuck Tender                                $197.86          $1.98         
Knuckle                   4-7 lbs.          $210.36          $5.32         $0.01
Tenderloin                2-3 lbs.          $403.96          $2.14       ($0.02)
Tenderloin                3-4 lbs.          $425.84          $3.15       ($0.05)
Ribeye Roll               4-6 lbs.          $255.47          $2.68         $0.02
Ribeye Roll               6-8 lbs.          $274.51          $2.03         
Ribeye Roll               8up lbs.          $275.92          $2.01         
Flank Steak                                 $250.82          $1.05       ($0.01)
Kidney, Edible                               $19.50          $0.09         
Fat, inedible                                $17.59          $0.41         
Bone                                          $4.15          $1.00         
--------------------------------------------------------------------------------
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                 25.33  loads --            1,013,199  pounds
Cutter/Canner Cuts                  2.94  loads --              117,794  pounds
Boner/Breaker/Cutter/Canner        18.38  loads --              735,282  pounds
100% Lean Items                    19.48  loads --              779,129  pounds
Frozen Cuts                         4.40  loads --              176,100  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   15,412   $263.48       $1.66
112   Rib, ribeye roll, 8-10 lbs.             37   36,197   $323.58       $1.68
112   Rib, ribeye roll, 10-up lbs.            42  102,628   $320.72       $1.33
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      10   43,449   $356.96       $2.51
112A  Rib, ribeye roll-lip-on, 8-up lbs.      18   49,560   $403.02     ($0.19)
      Chuck, boneless 85%                      8  151,221   $177.81       
120   Chuck, brisket                          28   85,693   $176.22       $0.66
168   Round, top inside, 10-dn lbs.            4    6,680   $186.42       $0.09
168   Round, top inside, 10-up lbs.           12   20,205   $183.65    ($32.05)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     17   77,442   $247.59    ($21.77)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     3   33,680   $256.26     ($0.16)
171C  Round, eye of round                     37   62,321   $249.57     ($5.89)
      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.            21   53,983   $222.23      $11.76
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  29  125,150   $181.54     ($8.53)
185A  Loin, bottom sirloin butt flap, bnls.   51  142,642   $251.96     ($0.23)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              29   88,608   $274.51       $0.60
112   Rib, ribeye roll, 8-up lbs.              4   10,460   $275.92     ($0.05)
100% LEAN
      Inside round - Combo                     7  137,066   $279.72       $1.32
      Inside round - Boxed                    28   87,619   $285.55     ($0.50)
      Outside round
      Eye of round                            20   60,111   $263.03     ($1.35)
      Flats and eyes - Combo                   8  103,018   $267.99       
      Flats and eyes - Boxed                            
      Striploin                               58  255,724   $288.65       $0.62
      S.P.B. - Combo                           6  128,000   $264.72       $0.31
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     28  114,800   $197.86     ($0.15)
167A  Round, knuckle, peeled                  20  146,027   $210.36       $0.28
190   Loin, tenderloin, 2-3 lbs.              17   20,301   $403.96     ($4.39)
190   Loin, tenderloin, 3-4 lbs.              37   36,901   $425.84     ($6.29)
190   Loin, tenderloin, 4-5 lbs.             123  160,027   $504.28     ($2.63)
190   Loin, tenderloin, 5-up lbs.             17   63,785   $464.14     ($6.99)
193   Flank, flank steak                      85   79,980   $249.14     ($0.41)
      Flank, rough                            60  113,461   $207.26     ($0.97)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   41,500   $294.30       
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.             5   26,676   $260.50     ($5.53)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               7   76,879   $257.77       $2.96
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                      10   30,475   $255.22     ($2.98)
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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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