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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 11/23/2016

LM_XB405
Des Moines, IA                 Wed, Nov 23, 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:               $156.23
Change from prior day:                $1.63
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $194.25        $108.47         $1.73
100% lean inside round                      $274.86          $6.38         $0.01
100% lean, flats and eyes                   $263.11          $6.10         $0.02
100% lean, S.P.B.                           $262.26         $13.11         $0.02
Chuck Tender                                $194.23          $1.94         
Knuckle                   4-7 lbs.          $222.20          $5.62         $0.03
Tenderloin                2-3 lbs.          $380.21          $2.02       ($0.03)
Tenderloin                3-4 lbs.          $474.03          $3.51       ($0.01)
Ribeye Roll               4-6 lbs.          $243.52          $2.56       ($0.17)
Ribeye Roll               6-8 lbs.          $265.18          $1.96         $0.01
Ribeye Roll               8up lbs.          $275.00          $2.01         
Flank Steak                                 $237.41          $1.00         $0.02
Kidney, Edible                               $19.00          $0.09         
Fat, inedible                                $20.27          $0.47         
Bone                                          $4.12          $0.99         
--------------------------------------------------------------------------------
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                 32.02  loads --            1,280,770  pounds
Cutter/Canner Cuts                  2.78  loads --              111,068  pounds
Boner/Breaker/Cutter/Canner        18.91  loads --              756,350  pounds
100% Lean Items                    21.75  loads --              869,897  pounds
Frozen Cuts                         1.22  loads --               48,832  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6   10,882   $268.68     ($0.59)
112   Rib, ribeye roll, 8-10 lbs.             22  103,969   $295.19     ($0.13)
112   Rib, ribeye roll, 10-up lbs.            77  151,713   $300.91     ($6.20)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      30  108,830   $300.35     ($0.29)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      19   83,976   $371.17     ($7.63)
      Chuck, boneless 85%                      6   56,115   $177.00       
120   Chuck, brisket                          24   59,373   $191.19      $10.48
168   Round, top inside, 10-dn lbs.            7   13,034   $183.50       $0.18
168   Round, top inside, 10-up lbs.           24   47,601   $181.97    ($12.22)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     35  354,134   $257.46       $4.98
169A  Round, top inside c-off, 14-up lbs.      7   60,522   $254.37     ($4.65)
171B  Round, outside round
171C  Round, eye of round                     34   40,979   $247.00     ($1.49)
      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   35,172   $183.12       $1.37
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  16   48,483   $180.46     ($1.99)
185A  Loin, bottom sirloin butt flap, bnls.   43   92,493   $224.95    ($12.84)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4   28,838   $241.77
112   Rib, ribeye roll, 6-8 lbs.              32   79,520   $265.18       $2.18
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     4   34,149   $281.74       $4.97
      Inside round - Boxed                    33   68,720   $271.44     ($1.15)
      Outside round                            6   64,269   $260.66       $2.13
      Eye of round                            22   96,299   $263.35       $2.73
      Flats and eyes - Combo                  11  118,286   $264.25     ($0.01)
      Flats and eyes - Boxed                            
      Striploin                               64  279,095   $280.51       
      S.P.B. - Combo                          14  209,079   $262.26       $0.50
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33  103,814   $194.23     ($0.21)
167A  Round, knuckle, peeled                  14   46,388   $222.20       $1.31
190   Loin, tenderloin, 2-3 lbs.              14   19,731   $380.21     ($6.07)
190   Loin, tenderloin, 3-4 lbs.              42   65,751   $474.03     ($1.76)
190   Loin, tenderloin, 4-5 lbs.             122  173,955   $514.86       $2.05
190   Loin, tenderloin, 5-up lbs.             28   64,093   $496.72     ($3.47)
193   Flank, flank steak                     100  144,311   $237.47       $3.73
      Flank, rough                            51  138,307   $193.60     ($3.47)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              6   28,388   $284.26     ($0.30)
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                       3    5,936   $236.13     ($1.31)
--------------------------------------------------------------------------------
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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