Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 4/20/2017

Past Market Reports

Report Date: 4/20/2017

LM_XB405
Des Moines, IA                 Thu, Apr 20, 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:               $168.99
Change from prior day:              ($0.11)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $215.49        $120.33       ($0.32)
100% lean inside round                      $285.20          $6.62         $0.02
100% lean, flats and eyes                   $252.02          $5.85       ($0.01)
100% lean, S.P.B.                           $245.79         $12.29       ($0.02)
Chuck Tender                                $221.14          $2.21         $0.03
Knuckle                   4-7 lbs.          $243.82          $6.17         $0.02
Tenderloin                2-3 lbs.          $380.77          $2.02         $0.13
Tenderloin                3-4 lbs.          $461.05          $3.41         $0.03
Ribeye Roll               4-6 lbs.          $265.00          $2.78        
Ribeye Roll               6-8 lbs.          $278.17          $2.06        
Ribeye Roll               8up lbs.          $298.00          $2.18        
Flank Steak                                 $302.81          $1.27         $0.01
Kidney, Edible                               $16.00          $0.07        
Fat, inedible                                $18.59          $0.43        
Bone                                          $5.42          $1.30        
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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                 29.28  loads --            1,171,246  pounds
Cutter/Canner Cuts                  0.61  loads --               24,379  pounds
Boner/Breaker/Cutter/Canner        19.78  loads --              791,140  pounds
100% Lean Items                    19.01  loads --              760,247  pounds
Frozen Cuts                         2.25  loads --               90,030  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   28,140   $270.96     ($0.33)
112   Rib, ribeye roll, 8-10 lbs.             38   60,832   $279.49       $7.28
112   Rib, ribeye roll, 10-up lbs.            73  141,106   $285.03       $2.00
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      12   17,803   $353.30     ($2.92)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       5   10,990   $354.12     ($0.65)
      Chuck, boneless 85%                      8   78,924   $203.20     ($1.52)
120   Chuck, brisket                          24   54,384   $186.10       $1.19
168   Round, top inside, 10-dn lbs.            3    6,777   $211.24       $2.44
168   Round, top inside, 10-up lbs.           15   59,411   $204.22       $0.92
169A  Round, top inside c-off, 8-10 lbs.               
169A  Round, top inside c-off, 10-14 lbs.     23  220,052   $283.02       $1.45
169A  Round, top inside c-off, 14-up lbs.      7   32,371   $279.46      
171B  Round, outside round                     4    4,471   $262.12       $1.47
171C  Round, eye of round                     41   37,503   $235.29     ($3.37)
      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   83,465   $256.98       $0.49
182   Loin, sirloin butt                               
184   Loin, top sirloin butt                  29   69,320   $215.99       $0.44
185A  Loin, bottom sirloin butt flap, bnls.   53  257,917   $274.55       $1.58
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                       
112   Rib, ribeye roll, 6-8 lbs.              26   21,634   $278.17     ($0.85)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     7   92,966   $281.76      
      Inside round - Boxed                    19   45,065   $292.30       $3.07
      Outside round                            7   91,735   $253.08     ($0.18)
      Eye of round                            15   59,721   $256.62     ($0.77)
      Flats and eyes - Combo                   8  106,146   $248.52     ($1.01)
      Flats and eyes - Boxed                           
      Striploin                               63  196,614   $280.97       $2.48
      S.P.B. - Combo                          11  168,000   $245.79     ($0.46)
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33  109,601   $221.14       $2.98
167A  Round, knuckle, peeled                  11   42,074   $243.82       $0.69
190   Loin, tenderloin, 2-3 lbs.              17   19,070   $380.77     ($0.67)
190   Loin, tenderloin, 3-4 lbs.              43   74,649   $461.05       $3.45
190   Loin, tenderloin, 4-5 lbs.             164  238,144   $464.86       $2.39
190   Loin, tenderloin, 5-up lbs.             41  140,521   $463.73       $5.31
193   Flank, flank steak                      89   90,633   $311.99     ($2.50)
      Flank, rough                            54   76,448   $243.91       $0.24
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   19,950   $285.30      $17.70
112   Rib, ribeye roll, 8-10 lbs.              8   35,365   $254.41     ($5.58)
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   19,292   $211.72    ($11.64)
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.               3    2,173   $419.17       $0.56
190   Loin, tenderloin, 5-up lbs.                      
193   Flank, flank steak                       5   13,250   $240.00      $11.37
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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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