Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 11/2/2016

Past Market Reports

Report Date: 11/2/2016

LM_XB405
Des Moines, IA                 Wed, Nov 02, 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:               $155.49
Change from prior day:              ($1.31)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $192.55        $107.52       ($1.49)
100% lean inside round                      $284.69          $6.60       ($0.01)
100% lean, flats and eyes                   $267.74          $6.21         $0.03
100% lean, S.P.B.                           $258.56         $12.93         $0.01
Chuck Tender                                $195.46          $1.95         
Knuckle                   4-7 lbs.          $218.78          $5.54         $0.11
Tenderloin                2-3 lbs.          $405.13          $2.15       ($0.05)
Tenderloin                3-4 lbs.          $455.62          $3.37         $0.05
Ribeye Roll               4-6 lbs.          $260.00          $2.73         $0.07
Ribeye Roll               6-8 lbs.          $265.81          $1.97       ($0.02)
Ribeye Roll               8up lbs.          $275.97          $2.01       ($0.01)
Flank Steak                                 $235.98          $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                 33.67  loads --            1,346,873  pounds
Cutter/Canner Cuts                  1.26  loads --               50,213  pounds
Boner/Breaker/Cutter/Canner        18.39  loads --              735,706  pounds
100% Lean Items                    27.06  loads --            1,082,237  pounds
Frozen Cuts                         3.81  loads --              152,244  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    7,726   $274.13       $4.02
112   Rib, ribeye roll, 8-10 lbs.             24   73,592   $286.03       $3.31
112   Rib, ribeye roll, 10-up lbs.            69  148,650   $323.62       $1.05
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      27   36,534   $382.46      $17.71
112A  Rib, ribeye roll-lip-on, 8-up lbs.      16   61,720   $394.30     ($0.07)
      Chuck, boneless 85%                      6  105,020   $178.57       $0.02
120   Chuck, brisket                          29   57,797   $179.14       $1.84
168   Round, top inside, 10-dn lbs.            5    7,383   $196.43
168   Round, top inside, 10-up lbs.           13   27,146   $204.01      $19.08
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     32  260,074   $257.60     ($0.22)
169A  Round, top inside c-off, 14-up lbs.               
171B  Round, outside round
171C  Round, eye of round                     35   56,356   $237.05     ($4.31)
      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.            12   29,282   $213.56    ($12.09)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  29  304,384   $180.19     ($0.57)
185A  Loin, bottom sirloin butt flap, bnls.   48  119,642   $227.13    ($17.68)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              21   41,374   $265.81     ($2.76)
112   Rib, ribeye roll, 8-up lbs.              7    8,839   $275.97     ($0.12)
100% LEAN
      Inside round - Combo                     5   60,932   $283.28     ($1.63)
      Inside round - Boxed                    30   78,702   $285.78       $1.19
      Outside round                           11  144,181   $266.91     ($0.11)
      Eye of round                            19   86,223   $272.51       $5.39
      Flats and eyes - Combo                   9  121,380   $265.33       $0.03
      Flats and eyes - Boxed                            
      Striploin                               51  261,319   $288.60     ($1.65)
      S.P.B. - Combo                          14  256,000   $265.32     ($0.16)
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     36  131,443   $195.46       $0.17
167A  Round, knuckle, peeled                  15   69,140   $218.78       $4.12
190   Loin, tenderloin, 2-3 lbs.              17   21,001   $405.13    ($10.71)
190   Loin, tenderloin, 3-4 lbs.              37   63,934   $473.36      $12.74
190   Loin, tenderloin, 4-5 lbs.             102  145,619   $499.35    ($11.78)
190   Loin, tenderloin, 5-up lbs.             23   37,854   $498.66      $28.80
193   Flank, flank steak                      77  108,939   $231.53       $0.86
      Flank, rough                            69  157,776   $209.04     ($0.07)
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.             3   17,888   $258.23
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    4,896   $490.39
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       7   35,510   $249.60     ($0.13)
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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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