Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 11/1/2016

Past Market Reports

Report Date: 11/1/2016

LM_XB405
Des Moines, IA                 Tue, Nov 01, 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:               $156.80
Change from prior day:                $1.10
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $195.21        $109.01         $1.43
100% lean inside round                      $284.78          $6.61         
100% lean, flats and eyes                   $266.36          $6.18         $0.01
100% lean, S.P.B.                           $258.43         $12.92       ($0.36)
Chuck Tender                                $195.29          $1.95       ($0.04)
Knuckle                   4-7 lbs.          $214.66          $5.43         $0.10
Tenderloin                2-3 lbs.          $415.84          $2.20         
Tenderloin                3-4 lbs.          $448.37          $3.32         $0.03
Ribeye Roll               4-6 lbs.          $253.29          $2.66       ($0.04)
Ribeye Roll               6-8 lbs.          $268.57          $1.99       ($0.05)
Ribeye Roll               8up lbs.          $276.09          $2.02         $0.02
Flank Steak                                 $235.56          $0.99         
Kidney, Edible                               $19.50          $0.09         
Fat, inedible                                $17.59          $0.41         
Bone                                          $4.24          $1.02         
--------------------------------------------------------------------------------
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                 30.71  loads --            1,228,492  pounds
Cutter/Canner Cuts                  1.35  loads --               54,148  pounds
Boner/Breaker/Cutter/Canner        19.74  loads --              789,715  pounds
100% Lean Items                    25.46  loads --            1,018,352  pounds
Frozen Cuts                         2.90  loads --              116,015  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   15,186   $270.11     ($0.12)
112   Rib, ribeye roll, 8-10 lbs.             18   62,681   $282.72    ($43.54)
112   Rib, ribeye roll, 10-up lbs.            63  151,153   $322.57       $5.58
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      26   57,937   $364.75       $0.90
112A  Rib, ribeye roll-lip-on, 8-up lbs.      15   61,101   $394.37       $2.13
      Chuck, boneless 85%                      7  109,221   $178.55       
120   Chuck, brisket                          26   70,953   $177.30       $1.00
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           14   22,845   $184.93       $0.95
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     33  261,954   $257.82       $7.34
169A  Round, top inside c-off, 14-up lbs.               
171B  Round, outside round
171C  Round, eye of round                     38   70,245   $241.36       $1.49
      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.            19   64,983   $225.65     ($0.63)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  20   94,572   $180.76     ($3.07)
185A  Loin, bottom sirloin butt flap, bnls.   53  130,930   $244.81       $2.61
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              20   43,174   $268.57     ($7.42)
112   Rib, ribeye roll, 8-up lbs.              6    7,853   $276.09
100% LEAN
      Inside round - Combo                     7   84,307   $284.91     ($1.39)
      Inside round - Boxed                    29   56,417   $284.59       $1.30
      Outside round                           10  144,008   $267.02       $0.12
      Eye of round                            14   44,558   $267.12       $3.10
      Flats and eyes - Combo                  10  121,843   $265.30     ($1.04)
      Flats and eyes - Boxed                            
      Striploin                               50  249,719   $290.25     ($2.91)
      S.P.B. - Combo                          13  244,000   $265.48     ($0.08)
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30  113,020   $195.29     ($3.74)
167A  Round, knuckle, peeled                  15  103,329   $214.66       $3.83
190   Loin, tenderloin, 2-3 lbs.              14   24,516   $415.84       $0.79
190   Loin, tenderloin, 3-4 lbs.              38   77,209   $460.62       $5.09
190   Loin, tenderloin, 4-5 lbs.             106  146,366   $511.13       $1.62
190   Loin, tenderloin, 5-up lbs.             21   58,165   $469.86       $0.06
193   Flank, flank steak                      77  106,499   $230.67       $0.12
      Flank, rough                            70  160,611   $209.11       $0.01
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
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                       8   36,835   $249.73     ($1.08)
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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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