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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 11/28/2016

LM_XB405
Des Moines, IA                 Mon, Nov 28, 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:               $155.74
Change from prior day:              ($0.12)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $193.68        $108.15         $0.12
100% lean inside round                      $278.91          $6.47       ($0.21)
100% lean, flats and eyes                   $263.10          $6.10       ($0.01)
100% lean, S.P.B.                           $260.81         $13.04       ($0.08)
Chuck Tender                                $192.78          $1.93         $0.01
Knuckle                   4-7 lbs.          $217.43          $5.50       ($0.01)
Tenderloin                2-3 lbs.          $386.31          $2.05         $0.08
Tenderloin                3-4 lbs.          $472.75          $3.50         $0.04
Ribeye Roll               4-6 lbs.          $243.52          $2.56         
Ribeye Roll               6-8 lbs.          $261.70          $1.94       ($0.01)
Ribeye Roll               8up lbs.          $275.00          $2.01         
Flank Steak                                 $234.54          $0.99         
Kidney, Edible                               $19.67          $0.09         
Fat, inedible                                $20.27          $0.47         
Bone                                          $3.90          $0.94       ($0.05)
--------------------------------------------------------------------------------
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                 35.29  loads --            1,411,743  pounds
Cutter/Canner Cuts                  2.12  loads --               84,880  pounds
Boner/Breaker/Cutter/Canner        13.76  loads --              550,554  pounds
100% Lean Items                    16.89  loads --              675,597  pounds
Frozen Cuts                         1.30  loads --               52,110  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.             28  111,920   $293.61     ($0.68)
112   Rib, ribeye roll, 10-up lbs.            49  115,252   $297.02     ($2.43)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      22   59,150   $304.98       $1.15
112A  Rib, ribeye roll-lip-on, 8-up lbs.      11   31,152   $385.34       $7.02
      Chuck, boneless 85%                     12  309,720   $170.22       $1.37
120   Chuck, brisket                          21   47,735   $191.30       $0.96
168   Round, top inside, 10-dn lbs.            7   13,034   $183.50       
168   Round, top inside, 10-up lbs.           22   49,671   $202.08       $0.93
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     27  300,190   $259.63       $1.92
169A  Round, top inside c-off, 14-up lbs.      6   57,272   $254.31       
171B  Round, outside round                     4   39,260   $256.40       $0.02
171C  Round, eye of round                     30   49,090   $252.75       $5.93
      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   28,959   $205.86       $6.73
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                   9   50,723   $179.43     ($0.03)
185A  Loin, bottom sirloin butt flap, bnls.   49  135,741   $254.93      $33.16
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.              26   53,332   $261.70     ($1.43)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                              
      Inside round - Boxed                    18   17,112   $278.91    ($16.79)
      Outside round                            4   49,533   $260.21     ($0.78)
      Eye of round                             7   56,047   $265.41       $1.25
      Flats and eyes - Combo                   8  110,478   $263.23     ($1.02)
      Flats and eyes - Boxed                            
      Striploin                               47  292,427   $279.23     ($0.57)
      S.P.B. - Combo                           7  150,000   $260.81     ($1.55)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     20   82,019   $192.78       $0.40
167A  Round, knuckle, peeled                  12   70,617   $217.43     ($0.26)
190   Loin, tenderloin, 2-3 lbs.               6    4,676   $386.31      $14.19
190   Loin, tenderloin, 3-4 lbs.              26   27,531   $472.75       $4.81
190   Loin, tenderloin, 4-5 lbs.             103  147,104   $501.04    ($15.06)
190   Loin, tenderloin, 5-up lbs.             19   50,911   $490.32     ($5.45)
193   Flank, flank steak                      76   78,971   $241.10       $1.16
      Flank, rough                            41   88,725   $209.45      $18.49
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4    6,989   $303.39       
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.             5    7,332   $232.33       
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   21,836   $210.79       $1.67
--------------------------------------------------------------------------------
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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