Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 11/3/2016

Past Market Reports

Report Date: 11/3/2016

LM_XB405
Des Moines, IA                 Thu, Nov 03, 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:               $155.20
Change from prior day:              ($0.29)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $192.56        $107.53         $0.01
100% lean inside round                      $285.29          $6.62         $0.02
100% lean, flats and eyes                   $267.79          $6.21         
100% lean, S.P.B.                           $255.91         $12.80       ($0.13)
Chuck Tender                                $194.72          $1.95         
Knuckle                   4-7 lbs.          $217.67          $5.51       ($0.03)
Tenderloin                2-3 lbs.          $405.11          $2.15         
Tenderloin                3-4 lbs.          $450.41          $3.33       ($0.04)
Ribeye Roll               4-6 lbs.          $250.63          $2.63       ($0.10)
Ribeye Roll               6-8 lbs.          $267.14          $1.98         $0.01
Ribeye Roll               8up lbs.          $275.98          $2.01         
Flank Steak                                 $229.61          $0.96       ($0.03)
Kidney, Edible                               $19.50          $0.09         
Fat, inedible                                $17.59          $0.41         
Bone                                          $4.24          $1.02         
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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                 31.05  loads --            1,242,197  pounds
Cutter/Canner Cuts                  1.58  loads --               63,101  pounds
Boner/Breaker/Cutter/Canner        20.68  loads --              827,113  pounds
100% Lean Items                    28.44  loads --            1,137,405  pounds
Frozen Cuts                         3.95  loads --              158,127  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   14,926   $268.79     ($5.34)
112   Rib, ribeye roll, 8-10 lbs.             25   76,140   $287.19       $1.16
112   Rib, ribeye roll, 10-up lbs.            67  138,597   $320.59     ($3.03)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      26   42,330   $373.91     ($8.55)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      16   62,250   $394.18     ($0.12)
      Chuck, boneless 85%                      6  105,020   $178.57       
120   Chuck, brisket                          25   45,710   $178.83     ($0.31)
168   Round, top inside, 10-dn lbs.            5    7,383   $196.43       
168   Round, top inside, 10-up lbs.           10   23,132   $207.17       $3.16
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     31  235,806   $261.46       $3.86
169A  Round, top inside c-off, 14-up lbs.               
171B  Round, outside round
171C  Round, eye of round                     31   51,232   $234.81     ($2.24)
      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   39,891   $210.48     ($3.08)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  23  228,374   $181.28       $1.09
185A  Loin, bottom sirloin butt flap, bnls.   50  119,839   $226.87     ($0.26)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              22   44,656   $267.14       $1.33
112   Rib, ribeye roll, 8-up lbs.              8   11,579   $275.98       $0.01
100% LEAN
      Inside round - Combo                     6   77,680   $285.45       $2.17
      Inside round - Boxed                    29   77,847   $285.14     ($0.64)
      Outside round                           10  144,008   $267.02       $0.11
      Eye of round                            19   86,223   $272.51       
      Flats and eyes - Combo                   9  121,380   $265.33       
      Flats and eyes - Boxed                            
      Striploin                               55  259,067   $287.21     ($1.39)
      S.P.B. - Combo                          14  256,000   $265.32       
      S.P.B. - Boxed                           3  115,200   $235.00
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30  113,798   $194.72     ($0.74)
167A  Round, knuckle, peeled                  17   84,986   $217.67     ($1.11)
190   Loin, tenderloin, 2-3 lbs.              19   19,955   $405.11     ($0.02)
190   Loin, tenderloin, 3-4 lbs.              41   95,713   $460.84    ($12.52)
190   Loin, tenderloin, 4-5 lbs.             114  197,004   $503.85       $4.50
190   Loin, tenderloin, 5-up lbs.             31   47,375   $492.71     ($5.95)
193   Flank, flank steak                      78  101,381   $225.88     ($5.65)
      Flank, rough                            64  166,901   $207.84     ($1.20)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4   73,430   $290.76
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.               4   14,336   $441.40    ($48.99)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       7   34,397   $240.60     ($9.00)
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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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