Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 2/20/2017

Past Market Reports

Report Date: 2/20/2017

LM_XB405
Des Moines, IA                 Mon, Feb 20, 2017                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:               $164.75
Change from prior day:                $0.04
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Item                                          Price          Value        Change
90% lean                                    $209.91        $117.21         $0.05
100% lean inside round                      $276.19          $6.41         $0.01
100% lean, flats and eyes                   $258.45          $6.00       ($0.01)
100% lean, S.P.B.                           $252.04         $12.60       ($0.01)
Chuck Tender                                $225.75          $2.26         $0.01
Knuckle                   4-7 lbs.          $234.08          $5.92       ($0.01)
Tenderloin                2-3 lbs.          $372.55          $1.97         
Tenderloin                3-4 lbs.          $423.83          $3.14       ($0.05)
Ribeye Roll               4-6 lbs.          $235.13          $2.47         
Ribeye Roll               6-8 lbs.          $262.31          $1.94         
Ribeye Roll               8up lbs.          $266.13          $1.94         
Flank Steak                                 $261.94          $1.10         $0.01
Kidney, Edible                               $18.38          $0.08         
Fat, inedible                                $19.60          $0.45         
Bone                                          $5.26          $1.26         $0.04
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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                 27.12  loads --            1,084,825  pounds
Cutter/Canner Cuts                  1.55  loads --               61,860  pounds
Boner/Breaker/Cutter/Canner        18.63  loads --              745,029  pounds
100% Lean Items                    19.83  loads --              793,259  pounds
Frozen Cuts                         3.71  loads --              148,314  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
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BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   15,742   $257.79     ($0.45)
112   Rib, ribeye roll, 8-10 lbs.             28   60,500   $269.74       $3.71
112   Rib, ribeye roll, 10-up lbs.            68  164,565   $270.01     ($0.02)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.       9    8,338   $320.82       $0.10
112A  Rib, ribeye roll-lip-on, 8-up lbs.      11   20,942   $367.91      $15.34
      Chuck, boneless 85%                      9  105,036   $194.32       $0.19
120   Chuck, brisket                          17   85,176   $180.35       $2.06
168   Round, top inside, 10-dn lbs.            7   15,930   $201.94       $4.92
168   Round, top inside, 10-up lbs.           13   68,427   $202.75       $1.85
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     21  177,106   $256.50     ($2.30)
169A  Round, top inside c-off, 14-up lbs.      4   25,942   $258.28       $0.05
171B  Round, outside round                     3    7,080   $254.79       $1.43
171C  Round, eye of round                     24   46,118   $249.54       $2.92
      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   47,575   $204.79       $3.22
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  20  119,382   $189.49       $3.86
185A  Loin, bottom sirloin butt flap, bnls.   42  111,570   $256.57       $9.74
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              24   40,988   $262.31     ($0.10)
112   Rib, ribeye roll, 8-up lbs.              5   14,769   $266.13       
100% LEAN
      Inside round - Combo
      Inside round - Boxed                    36  199,919   $276.60     ($0.59)
      Outside round                            3   56,303   $256.92     ($0.49)
      Eye of round                            14   44,247   $263.30       $0.49
      Flats and eyes - Combo                  11  162,208   $257.66       $0.38
      Flats and eyes - Boxed                            
      Striploin                               49  109,145   $286.43       $2.67
      S.P.B. - Combo                          12  216,000   $252.04     ($0.08)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     39  124,262   $225.75       $0.75
167A  Round, knuckle, peeled                  13   52,620   $234.08     ($0.18)
190   Loin, tenderloin, 2-3 lbs.               9   16,186   $372.97       $1.67
190   Loin, tenderloin, 3-4 lbs.              37   56,950   $428.19     ($7.51)
190   Loin, tenderloin, 4-5 lbs.             157  243,246   $456.91       $2.08
190   Loin, tenderloin, 5-up lbs.             26   83,105   $454.48       $0.95
193   Flank, flank steak                      95   97,171   $266.79       $6.76
      Flank, rough                            43   71,489   $227.64     ($1.31)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    6,783   $278.00       
112   Rib, ribeye roll, 8-10 lbs.             10   45,706   $255.34     ($0.36)
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   14,040   $255.57       
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   19,798   $459.36     ($7.35)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       6   13,356   $226.67    ($27.67)
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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
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