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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 4/11/2017

LM_XB405
Des Moines, IA                 Tue, Apr 11, 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:               $170.87
Change from prior day:                $0.01
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $219.04        $122.31         
100% lean inside round                      $285.86          $6.63         $0.02
100% lean, flats and eyes                   $254.92          $5.91       ($0.01)
100% lean, S.P.B.                           $247.81         $12.39       ($0.02)
Chuck Tender                                $220.37          $2.20       ($0.02)
Knuckle                   4-7 lbs.          $237.64          $6.01       ($0.06)
Tenderloin                2-3 lbs.          $365.95          $1.94         $0.01
Tenderloin                3-4 lbs.          $470.70          $3.48         $0.13
Ribeye Roll               4-6 lbs.          $266.58          $2.80         
Ribeye Roll               6-8 lbs.          $278.94          $2.06         
Ribeye Roll               8up lbs.          $297.05          $2.17         $0.03
Flank Steak                                 $285.25          $1.20       ($0.07)
Kidney, Edible                               $15.71          $0.07         
Fat, inedible                                $18.59          $0.43         
Bone                                          $5.30          $1.27         
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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                 34.82  loads --            1,392,802  pounds
Cutter/Canner Cuts                  1.85  loads --               73,876  pounds
Boner/Breaker/Cutter/Canner        18.24  loads --              729,664  pounds
100% Lean Items                    22.24  loads --              889,536  pounds
Frozen Cuts                         6.57  loads --              262,881  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    9,680   $272.46     ($1.61)
112   Rib, ribeye roll, 8-10 lbs.             34   72,494   $286.47     ($0.94)
112   Rib, ribeye roll, 10-up lbs.            88  203,346   $281.58       $5.39
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      20   27,908   $342.85       $2.83
112A  Rib, ribeye roll-lip-on, 8-up lbs.       6   16,164   $341.54       $1.73
      Chuck, boneless 85%                     12  178,420   $199.05       
120   Chuck, brisket                          21   41,247   $183.33       $1.27
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           22   52,768   $205.58       $1.99
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     35  332,821   $281.02       $2.25
169A  Round, top inside c-off, 14-up lbs.     11   59,818   $276.17       $0.39
171B  Round, outside round                     5    8,131   $258.54     ($0.18)
171C  Round, eye of round                     44   63,234   $235.02       $4.34
      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.            21   60,104   $249.69       $5.74
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  30   80,664   $211.42       $0.97
185A  Loin, bottom sirloin butt flap, bnls.   51  158,825   $294.55     ($4.46)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              32   62,981   $278.94       $0.02
112   Rib, ribeye roll, 8-up lbs.              4   10,895   $297.05       $3.26
100% LEAN
      Inside round - Combo                     6   75,851   $282.89       $0.36
      Inside round - Boxed                    32   48,731   $290.49       $0.65
      Outside round                            7   75,262   $256.01       $0.15
      Eye of round                            14   59,884   $260.63       $0.46
      Flats and eyes - Combo                   7   98,000   $250.58       
      Flats and eyes - Boxed                            
      Striploin                               83  325,808   $282.87     ($0.57)
      S.P.B. - Combo                          15  206,000   $247.81     ($0.45)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31   92,782   $220.37     ($1.93)
167A  Round, knuckle, peeled                  15   51,928   $237.64     ($2.10)
190   Loin, tenderloin, 2-3 lbs.              14   31,742   $367.78       $1.56
190   Loin, tenderloin, 3-4 lbs.              38   30,468   $471.28      $11.90
190   Loin, tenderloin, 4-5 lbs.             162  224,770   $445.91       $2.19
190   Loin, tenderloin, 5-up lbs.             38   97,942   $454.91       $0.73
193   Flank, flank steak                      88   95,876   $297.80     ($9.61)
      Flank, rough                            55  104,156   $243.75       $1.02
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             10   79,163   $267.81       $3.90
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.             3   26,825   $199.47     ($1.47)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               6   41,650   $266.58     ($0.23)
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.               6   44,737   $446.64     ($4.57)
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                       7   26,500   $239.81    ($11.69)
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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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