Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 2/24/2017

Past Market Reports

Report Date: 2/24/2017

LM_XB405
Des Moines, IA                 Fri, Feb 24, 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:               $165.20
Change from prior day:                $0.12
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $209.93        $117.22         $0.13
100% lean inside round                      $275.62          $6.39       ($0.02)
100% lean, flats and eyes                   $258.22          $5.99         
100% lean, S.P.B.                           $253.40         $12.67         
Chuck Tender                                $227.57          $2.28         $0.02
Knuckle                   4-7 lbs.          $234.66          $5.94         $0.01
Tenderloin                2-3 lbs.          $381.69          $2.02       ($0.01)
Tenderloin                3-4 lbs.          $446.43          $3.30       ($0.01)
Ribeye Roll               4-6 lbs.          $256.38          $2.69         
Ribeye Roll               6-8 lbs.          $256.88          $1.90         $0.01
Ribeye Roll               8up lbs.          $265.00          $1.93         
Flank Steak                                 $257.79          $1.08       ($0.01)
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                 36.27  loads --            1,450,980  pounds
Cutter/Canner Cuts                  1.88  loads --               75,118  pounds
Boner/Breaker/Cutter/Canner        16.98  loads --              679,097  pounds
100% Lean Items                    20.80  loads --              832,019  pounds
Frozen Cuts                         1.99  loads --               79,503  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   14,519   $255.55    ($18.79)
112   Rib, ribeye roll, 8-10 lbs.             35   42,245   $275.61       $4.47
112   Rib, ribeye roll, 10-up lbs.            76  115,276   $280.43       $0.97
112A  Rib, ribeye roll-lip-on, 8-dn lbs.       7    7,081   $320.66     ($0.12)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       9   40,381   $379.42     ($3.61)
      Chuck, boneless 85%                     11  117,196   $192.06       
120   Chuck, brisket                          23  179,956   $174.51       $0.02
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           14   47,572   $203.12       $2.50
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     30  294,357   $257.54     ($0.31)
169A  Round, top inside c-off, 14-up lbs.      8   77,123   $255.93       
171B  Round, outside round                     5   11,920   $256.02       $0.07
171C  Round, eye of round                     34  103,398   $215.51       $2.21
      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.            24  116,183   $194.41       $0.25
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  30  147,677   $197.93       $0.73
185A  Loin, bottom sirloin butt flap, bnls.   45  128,840   $261.49       $1.88
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              32   69,788   $256.88       $1.22
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo
      Inside round - Boxed                    29  125,565   $276.26     ($0.75)
      Outside round                            4   65,962   $257.02       
      Eye of round                            16   43,176   $258.68       $0.04
      Flats and eyes - Combo                   9  146,080   $258.62       
      Flats and eyes - Boxed                            
      Striploin                               61  249,736   $278.35     ($0.61)
      S.P.B. - Combo                          12  196,000   $253.40       
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     34  100,650   $227.57       $1.52
167A  Round, knuckle, peeled                  11   55,099   $234.66       $0.23
190   Loin, tenderloin, 2-3 lbs.               9    8,878   $381.69     ($0.66)
190   Loin, tenderloin, 3-4 lbs.              40   46,654   $446.43     ($0.26)
190   Loin, tenderloin, 4-5 lbs.             142  249,981   $456.61     ($2.74)
190   Loin, tenderloin, 5-up lbs.             22   48,269   $461.10       $3.56
193   Flank, flank steak                      84   99,751   $264.39     ($0.81)
      Flank, rough                            52   69,815   $243.27     ($0.52)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              3    7,745   $267.29       $3.97
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.               3   38,940   $257.76       
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    4,728   $425.73     ($1.65)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       5   13,515   $209.06     ($8.25)
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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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