"It's frustration," Woods told the PGA Tour. "I finished, what, 12 back of the lead, and I'm not playing the weekend where I have a chance to compete for a title. I've missed my share of cuts in the past, and they don't feel good."
American Nick Watney leads the tournament by one shot on a 12 under par total after carding a superb 64 in the second round.
Hamilton professional Steven Alker had a better day on the Nationwide Tour, climbing 23 places in the second round of the Stadion Classic with a three under par 68 at the University of Georgia Golf Club.
The former NZ PGA champion, who is currently 46th on the Nationwide Tour order of merit, is tied for 27th on four under. He is six shots behind Jim Herman (66) and Billy Horschel (63) heading into the third round.
Tim Wilkinson, who is 40th on the order of merit, sneaked inside the cut after a one over par 72.
The lean run for Michael Campbell has continued in 2012 with the former US Open champion missing the cut at the Spanish Open by one shot.
Campbell was two under through 14 holes in his second round but had a disastrous final three holes where he carded bogey, double bogey and bogey to miss by one.
He has made only one cut from seven events in 2012 and will drop further from his current position of 243rd on the Race to Dubai standings.
Sven Puymbroeck and Hastings professional Pieter Zwart are the leading Kiwis at the Papua New Guinea Open on the PGA Tour of Australasia at the halfway mark.
Puymbroeck has had consecutive rounds of 70 at the Port Moresby Golf Club to be on a four under par total and Zwart has matched that number with rounds of 69 and 71.
Jim Cusdin, the Hamilton professional who won the Tauranga Open last year on the Charles Tour, slipped back to a share of 15th after an even par 72 and Joshua Carmichael, the 2011 Taranaki Open winner, carded a 73 ito be tied for 22nd in the A$130,000 event.
Australians Brett Rankin and Edward Stedman lead the tournament on eight under.
