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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 11/21/2016

LM_XB405
Des Moines, IA                 Mon, Nov 21, 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:               $156.03
Change from prior day:                $1.99
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $193.90        $108.27         $2.01
100% lean inside round                      $278.52          $6.46         $0.03
100% lean, flats and eyes                   $260.14          $6.04         
100% lean, S.P.B.                           $257.81         $12.89         
Chuck Tender                                $195.92          $1.96       ($0.01)
Knuckle                   4-7 lbs.          $221.71          $5.61       ($0.01)
Tenderloin                2-3 lbs.          $384.18          $2.04       ($0.03)
Tenderloin                3-4 lbs.          $478.30          $3.54         
Ribeye Roll               4-6 lbs.          $260.00          $2.73         
Ribeye Roll               6-8 lbs.          $263.17          $1.95       ($0.02)
Ribeye Roll               8up lbs.          $275.06          $2.01         
Flank Steak                                 $233.49          $0.98         
Kidney, Edible                               $19.00          $0.09         
Fat, inedible                                $20.27          $0.47         
Bone                                          $4.12          $0.99         $0.02
--------------------------------------------------------------------------------
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                 34.25  loads --            1,369,849  pounds
Cutter/Canner Cuts                  1.61  loads --               64,278  pounds
Boner/Breaker/Cutter/Canner        20.47  loads --              818,712  pounds
100% Lean Items                    22.28  loads --              891,338  pounds
Frozen Cuts                         1.24  loads --               49,774  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   10,462   $268.64     ($0.30)
112   Rib, ribeye roll, 8-10 lbs.             21   64,184   $295.63       $0.55
112   Rib, ribeye roll, 10-up lbs.            97  127,300   $311.89       $3.08
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23  103,603   $305.38     ($0.25)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      20  111,338   $377.98     ($2.67)
      Chuck, boneless 85%                      6   56,115   $177.00     ($8.93)
120   Chuck, brisket                          29  150,513   $179.91       $0.63
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           12   32,697   $199.38       $5.02
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     32  266,614   $253.29     ($2.31)
169A  Round, top inside c-off, 14-up lbs.      5   75,694   $259.85       
171B  Round, outside round                     3   34,720   $256.13     ($0.23)
171C  Round, eye of round                     51   69,497   $248.42     ($1.47)
      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.            13   38,888   $175.12     ($2.03)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  18   91,824   $176.92       $6.06
185A  Loin, bottom sirloin butt flap, bnls.   55  136,048   $245.83     ($9.08)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              26   58,868   $263.17     ($2.40)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     7   89,266   $280.01       $0.43
      Inside round - Boxed                    38   81,653   $276.89       $1.95
      Outside round                            3   32,527   $256.32     ($2.69)
      Eye of round                            26  104,135   $256.83     ($0.05)
      Flats and eyes - Combo                  10  112,286   $264.31       $0.92
      Flats and eyes - Boxed                            
      Striploin                               63  239,272   $281.30     ($1.54)
      S.P.B. - Combo                          12  199,079   $261.60     ($1.83)
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     44  123,884   $195.92     ($0.82)
167A  Round, knuckle, peeled                  12   44,918   $221.71     ($0.46)
190   Loin, tenderloin, 2-3 lbs.              17   33,043   $384.18     ($6.66)
190   Loin, tenderloin, 3-4 lbs.              44   71,184   $478.30     ($0.55)
190   Loin, tenderloin, 4-5 lbs.             135  190,314   $505.52       $2.53
190   Loin, tenderloin, 5-up lbs.             24   35,737   $498.77       $4.59
193   Flank, flank steak                      96  150,766   $233.32       $0.48
      Flank, rough                            65  168,866   $196.45    ($12.39)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              5   35,019   $283.23     ($0.11)
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                       5    8,692   $236.41     ($3.17)
--------------------------------------------------------------------------------
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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