Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 6/16/2017

Past Market Reports

Report Date: 6/16/2017

LM_XB405
Des Moines, IA                 Fri, Jun 16, 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:               $180.17
Change from prior day:              ($0.15)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $230.00        $128.43       ($0.42)
100% lean inside round                      $314.21          $7.29         $0.08
100% lean, flats and eyes                   $255.61          $5.93       ($0.05)
100% lean, S.P.B.                           $250.53         $12.53       ($0.01)
Chuck Tender                                $239.87          $2.40       ($0.01)
Knuckle                   4-7 lbs.          $266.66          $6.75         $0.06
Tenderloin                2-3 lbs.          $463.96          $2.46         $0.19
Tenderloin                3-4 lbs.          $526.00          $3.89         
Ribeye Roll               4-6 lbs.          $286.61          $3.01         
Ribeye Roll               6-8 lbs.          $304.72          $2.25         
Ribeye Roll               8up lbs.          $323.86          $2.36         
Flank Steak                                 $292.01          $1.23         $0.01
Kidney, Edible                               $17.56          $0.08         
Fat, inedible                                $21.94          $0.51         
Bone                                          $4.36          $1.05         
--------------------------------------------------------------------------------
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                 26.17  loads --            1,046,941  pounds
Cutter/Canner Cuts                  1.94  loads --               77,587  pounds
Boner/Breaker/Cutter/Canner        15.98  loads --              639,351  pounds
100% Lean Items                    25.26  loads --            1,010,400  pounds
Frozen Cuts                         2.22  loads --               88,785  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9    9,130   $294.02       $0.13
112   Rib, ribeye roll, 8-10 lbs.             39   64,106   $311.52       $3.70
112   Rib, ribeye roll, 10-up lbs.            78  115,845   $331.92       $3.31
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      10   22,221   $470.12     ($0.35)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       4    2,678   $356.03
      Chuck, boneless 85%                     14  259,228   $207.63       $1.10
120   Chuck, brisket                          30   55,978   $251.58       $0.89
168   Round, top inside, 10-dn lbs.            3   11,202   $263.43     ($0.38)
168   Round, top inside, 10-up lbs.           16   48,697   $267.41       $1.61
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     17  121,402   $292.68     ($1.59)
169A  Round, top inside c-off, 14-up lbs.      7   17,222   $291.96       $0.25
171B  Round, outside round                     6    8,695   $262.26       $0.05
171C  Round, eye of round                     41   50,825   $242.91     ($4.13)
      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   38,752   $288.52     ($0.22)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  25   82,112   $246.03     ($0.45)
185A  Loin, bottom sirloin butt flap, bnls.   45  131,322   $339.87     ($5.00)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              29   64,062   $304.72       $0.04
112   Rib, ribeye roll, 8-up lbs.              4   13,525   $323.86       
100% LEAN
      Inside round - Combo                     8  103,867   $309.13       $3.24
      Inside round - Boxed                    29   56,336   $323.58       $1.12
      Outside round                            6   87,101   $251.16     ($3.64)
      Eye of round                            22   69,188   $259.71     ($5.16)
      Flats and eyes - Combo                  13  186,847   $256.17       $0.17
      Flats and eyes - Boxed                            
      Striploin                               68  292,608   $286.38       $0.52
      S.P.B. - Combo                          16  214,453   $250.53     ($0.22)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30   74,721   $239.87     ($0.65)
167A  Round, knuckle, peeled                  13   28,713   $266.66       $2.08
190   Loin, tenderloin, 2-3 lbs.              20   47,089   $463.96      $21.63
190   Loin, tenderloin, 3-4 lbs.              31   43,926   $526.00       $0.18
190   Loin, tenderloin, 4-5 lbs.             149  222,236   $576.31       $4.60
190   Loin, tenderloin, 5-up lbs.             29   51,135   $601.95       $0.36
193   Flank, flank steak                      89   98,453   $297.90     ($0.09)
      Flank, rough                            46   73,078   $255.28       $0.03
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    7,980   $283.25     ($0.67)
112   Rib, ribeye roll, 8-10 lbs.              9   28,790   $288.31     ($0.12)
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   17,836   $279.74       $4.54
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                      10   22,599   $266.31       $0.89
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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
1530C
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