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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 11/4/2016

LM_XB405
Des Moines, IA                 Fri, Nov 04, 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:               $157.24
Change from prior day:                $2.04
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $196.62        $109.79         $2.26
100% lean inside round                      $284.88          $6.61       ($0.01)
100% lean, flats and eyes                   $267.65          $6.21         
100% lean, S.P.B.                           $253.92         $12.70       ($0.10)
Chuck Tender                                $194.51          $1.95         
Knuckle                   4-7 lbs.          $215.31          $5.45       ($0.06)
Tenderloin                2-3 lbs.          $388.07          $2.06       ($0.09)
Tenderloin                3-4 lbs.          $446.74          $3.31       ($0.02)
Ribeye Roll               4-6 lbs.          $250.63          $2.63         
Ribeye Roll               6-8 lbs.          $267.10          $1.98         
Ribeye Roll               8up lbs.          $275.98          $2.01         
Flank Steak                                 $243.95          $1.02         $0.06
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                 32.84  loads --            1,313,493  pounds
Cutter/Canner Cuts                  1.61  loads --               64,319  pounds
Boner/Breaker/Cutter/Canner        19.97  loads --              798,625  pounds
100% Lean Items                    25.00  loads --            1,000,176  pounds
Frozen Cuts                         3.32  loads --              132,869  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   14,716   $268.75     ($0.04)
112   Rib, ribeye roll, 8-10 lbs.             31   88,170   $289.30       $2.11
112   Rib, ribeye roll, 10-up lbs.            67  107,814   $325.98       $5.39
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      24   38,738   $368.45     ($5.46)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      18   62,811   $393.58     ($0.60)
      Chuck, boneless 85%                      6  105,020   $178.57       
120   Chuck, brisket                          25   75,768   $182.09       $3.26
168   Round, top inside, 10-dn lbs.            5    7,383   $196.43       
168   Round, top inside, 10-up lbs.           13   37,285   $224.78      $17.61
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     33  240,229   $266.70       $5.24
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     4   38,040   $255.97
171C  Round, eye of round                     34   51,292   $244.65       $9.84
      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.            14   54,450   $191.38    ($19.10)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  27  231,069   $181.56       $0.28
185A  Loin, bottom sirloin butt flap, bnls.   46  123,894   $221.93     ($4.94)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              24   45,874   $267.10     ($0.04)
112   Rib, ribeye roll, 8-up lbs.              8   11,579   $275.98       
100% LEAN
      Inside round - Combo                     5   63,680   $285.06     ($0.39)
      Inside round - Boxed                    34  100,358   $284.78     ($0.36)
      Outside round                            6   81,108   $264.89     ($2.13)
      Eye of round                            19   83,170   $273.72       $1.21
      Flats and eyes - Combo                   9  121,380   $265.33       
      Flats and eyes - Boxed                            
      Striploin                               51  233,690   $286.19     ($1.02)
      S.P.B. - Combo                          12  201,590   $264.73     ($0.59)
      S.P.B. - Boxed                           3  115,200   $235.00       
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30  116,689   $194.51     ($0.21)
167A  Round, knuckle, peeled                  16   80,282   $215.31     ($2.36)
190   Loin, tenderloin, 2-3 lbs.              16   14,931   $388.07    ($17.04)
190   Loin, tenderloin, 3-4 lbs.              39   85,955   $446.74    ($14.10)
190   Loin, tenderloin, 4-5 lbs.             116  209,506   $499.30     ($4.55)
190   Loin, tenderloin, 5-up lbs.             26   35,247   $489.38     ($3.33)
193   Flank, flank steak                      80   85,813   $245.31      $19.43
      Flank, rough                            71  170,202   $205.84     ($2.00)
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       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       8   35,139   $240.65       $0.05
--------------------------------------------------------------------------------
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
1530C

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