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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 2/21/2017

LM_XB405
Des Moines, IA                 Tue, Feb 21, 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:               $165.52
Change from prior day:                $0.77
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $211.00        $117.82         $0.61
100% lean inside round                      $276.11          $6.41        
100% lean, flats and eyes                   $257.63          $5.98       ($0.02)
100% lean, S.P.B.                           $252.27         $12.61         $0.01
Chuck Tender                                $226.56          $2.27         $0.01
Knuckle                   4-7 lbs.          $233.54          $5.91       ($0.01)
Tenderloin                2-3 lbs.          $373.99          $1.98         $0.01
Tenderloin                3-4 lbs.          $432.63          $3.20         $0.06
Ribeye Roll               4-6 lbs.          $248.87          $2.61         $0.14
Ribeye Roll               6-8 lbs.          $258.94          $1.92       ($0.02)
Ribeye Roll               8up lbs.          $266.13          $1.94        
Flank Steak                                 $257.72          $1.08       ($0.02)
Kidney, Edible                               $18.38          $0.08        
Fat, inedible                                $19.60          $0.45        
Bone                                          $5.26          $1.26        
--------------------------------------------------------------------------------
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                 25.85  loads --            1,034,094  pounds
Cutter/Canner Cuts                  1.95  loads --               78,182  pounds
Boner/Breaker/Cutter/Canner        19.12  loads --              764,770  pounds
100% Lean Items                    20.70  loads --              828,042  pounds
Frozen Cuts                         3.68  loads --              147,190  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   17,072   $259.03       $1.24
112   Rib, ribeye roll, 8-10 lbs.             36   69,113   $269.98       $0.24
112   Rib, ribeye roll, 10-up lbs.            69  117,148   $276.86       $6.85
112A  Rib, ribeye roll-lip-on, 8-dn lbs.       9    8,346   $321.08       $0.26
112A  Rib, ribeye roll-lip-on, 8-up lbs.       8   20,868   $380.21      $12.30
      Chuck, boneless 85%                     10  113,596   $193.17     ($1.15)
120   Chuck, brisket                          19   85,708   $179.54     ($0.81)
168   Round, top inside, 10-dn lbs.            7   15,930   $201.94      
168   Round, top inside, 10-up lbs.           15   66,866   $205.67       $2.92
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     14   93,490   $256.21     ($0.29)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     3    7,080   $254.79      
171C  Round, eye of round                     29   53,867   $243.64     ($5.90)
      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.            18   73,545   $197.93     ($6.86)
182   Loin, sirloin butt                               
184   Loin, top sirloin butt                  23  119,396   $190.78       $1.29
185A  Loin, bottom sirloin butt flap, bnls.   53  153,696   $256.18     ($0.39)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              26   57,350   $258.94     ($3.37)
112   Rib, ribeye roll, 8-up lbs.              5   14,729   $266.13      
100% LEAN
      Inside round - Combo
      Inside round - Boxed                    39  194,137   $276.54     ($0.06)
      Outside round                            3   56,303   $256.92      
      Eye of round                            15   36,806   $258.47     ($4.83)
      Flats and eyes - Combo                  12  182,208   $257.69       $0.03
      Flats and eyes - Boxed                           
      Striploin                               51  111,151   $286.05     ($0.38)
      S.P.B. - Combo                          14  242,000   $252.27       $0.23
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     46  128,591   $226.56       $0.81
167A  Round, knuckle, peeled                  14   55,386   $233.54     ($0.54)
190   Loin, tenderloin, 2-3 lbs.              12   21,517   $374.70       $1.73
190   Loin, tenderloin, 3-4 lbs.              39   74,268   $436.68       $8.49
190   Loin, tenderloin, 4-5 lbs.             153  235,786   $456.25     ($0.66)
190   Loin, tenderloin, 5-up lbs.             24   78,684   $453.84     ($0.64)
193   Flank, flank steak                     100   92,976   $264.87     ($1.92)
      Flank, rough                            50   77,562   $229.54       $1.90
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    6,783   $278.00      
112   Rib, ribeye roll, 8-10 lbs.             11   52,050   $256.75       $1.41
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.             4   12,220   $255.21     ($0.36)
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                       6   15,211   $214.02    ($12.65)
--------------------------------------------------------------------------------
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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