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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 11/10/2016

LM_XB405
Des Moines, IA                 Thu, Nov 10, 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:               $156.66
Change from prior day:                $0.06
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $194.70        $108.72         
100% lean inside round                      $289.04          $6.71         $0.01
100% lean, flats and eyes                   $263.62          $6.12         
100% lean, S.P.B.                           $257.29         $12.86         
Chuck Tender                                $198.10          $1.98       ($0.01)
Knuckle                   4-7 lbs.          $218.04          $5.52         $0.02
Tenderloin                2-3 lbs.          $401.72          $2.13       ($0.01)
Tenderloin                3-4 lbs.          $475.75          $3.52         $0.07
Ribeye Roll               4-6 lbs.          $243.11          $2.55       ($0.03)
Ribeye Roll               6-8 lbs.          $264.28          $1.96         
Ribeye Roll               8up lbs.          $274.95          $2.01         
Flank Steak                                 $243.05          $1.02         $0.01
Kidney, Edible                               $19.25          $0.09         
Fat, inedible                                $18.59          $0.43         
Bone                                          $4.33          $1.04         
--------------------------------------------------------------------------------
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                 34.18  loads --            1,367,364  pounds
Cutter/Canner Cuts                  1.58  loads --               63,363  pounds
Boner/Breaker/Cutter/Canner        17.13  loads --              685,206  pounds
100% Lean Items                    26.89  loads --            1,075,580  pounds
Frozen Cuts                         2.48  loads --               99,029  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             27   47,406   $299.69     ($1.17)
112   Rib, ribeye roll, 10-up lbs.            69  142,870   $312.87       $2.39
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      17   92,467   $304.64     ($3.05)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      16   46,971   $389.51     ($3.77)
      Chuck, boneless 85%                      7  109,225   $181.92       
120   Chuck, brisket                          30   92,719   $186.17       $0.08
168   Round, top inside, 10-dn lbs.            3   18,984   $197.69
168   Round, top inside, 10-up lbs.           17   67,290   $208.35     ($6.70)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     21  176,260   $258.56       $0.42
169A  Round, top inside c-off, 14-up lbs.      5  102,158   $262.88       $1.59
171B  Round, outside round                     6   44,040   $256.25       
171C  Round, eye of round                     37   84,552   $250.31       $0.56
      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.            17   61,025   $191.74     ($6.81)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  22  100,475   $182.25       $0.04
185A  Loin, bottom sirloin butt flap, bnls.   52  179,130   $230.84       $0.31
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              32   56,266   $264.28     ($0.80)
112   Rib, ribeye roll, 8-up lbs.              3    5,536   $274.95     ($0.35)
100% LEAN
      Inside round - Combo                     7   84,468   $287.43       $0.05
      Inside round - Boxed                    40   92,935   $290.50       $0.18
      Outside round                            6   51,850   $259.71       $0.08
      Eye of round                            16   54,588   $262.19       
      Flats and eyes - Combo                  12  188,426   $265.12       
      Flats and eyes - Boxed                            
      Striploin                               63  268,823   $285.62     ($1.81)
      S.P.B. - Combo                          15  243,590   $264.96       
      S.P.B. - Boxed                           3   90,900   $236.73       
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     25   60,072   $198.10     ($0.57)
167A  Round, knuckle, peeled                  12   54,092   $218.04       $0.76
190   Loin, tenderloin, 2-3 lbs.              11    8,022   $401.72     ($1.88)
190   Loin, tenderloin, 3-4 lbs.              42   84,844   $475.75       $9.59
190   Loin, tenderloin, 4-5 lbs.             131  182,265   $495.92     ($6.23)
190   Loin, tenderloin, 5-up lbs.             30   62,908   $520.32       $8.51
193   Flank, flank steak                      84   82,871   $246.25       $1.34
      Flank, rough                            52  150,132   $195.69     ($0.08)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    7,695   $288.07       
112   Rib, ribeye roll, 8-10 lbs.              8   29,060   $287.76       $1.70
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.       5   15,457   $332.98       
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.             4    5,772   $280.93
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                       7   19,769   $229.66       $3.36
--------------------------------------------------------------------------------
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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