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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/4/2017

LM_XB405
Des Moines, IA                 Thu, May 04, 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:               $172.73
Change from prior day:                $0.10
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $220.98        $123.40         $0.10
100% lean inside round                      $289.26          $6.71       ($0.03)
100% lean, flats and eyes                   $250.63          $5.81       ($0.02)
100% lean, S.P.B.                           $242.99         $12.15         
Chuck Tender                                $228.00          $2.28         
Knuckle                   4-7 lbs.          $244.97          $6.20       ($0.02)
Tenderloin                2-3 lbs.          $376.72          $2.00       ($0.01)
Tenderloin                3-4 lbs.          $521.42          $3.86         $0.04
Ribeye Roll               4-6 lbs.          $272.76          $2.86         $0.02
Ribeye Roll               6-8 lbs.          $286.78          $2.12         $0.01
Ribeye Roll               8up lbs.          $308.00          $2.25         
Flank Steak                                 $307.05          $1.29         $0.01
Kidney, Edible                               $14.75          $0.07         
Fat, inedible                                $19.60          $0.45         
Bone                                          $5.33          $1.28         
--------------------------------------------------------------------------------
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                 30.47  loads --            1,218,821  pounds
Cutter/Canner Cuts                  2.38  loads --               95,024  pounds
Boner/Breaker/Cutter/Canner        17.06  loads --              682,514  pounds
100% Lean Items                    19.88  loads --              795,392  pounds
Frozen Cuts                         1.42  loads --               56,797  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    4,445   $274.79     ($0.20)
112   Rib, ribeye roll, 8-10 lbs.             25  106,736   $287.62       $2.29
112   Rib, ribeye roll, 10-up lbs.            76  150,222   $298.24       $1.84
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   24,862   $386.37     ($0.27)
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                      8  108,524   $202.58       $1.34
120   Chuck, brisket                          35  111,335   $182.44       $2.24
168   Round, top inside, 10-dn lbs.            5   24,541   $225.72       
168   Round, top inside, 10-up lbs.           13   41,326   $213.81    ($15.69)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     37  328,459   $287.31       $4.21
169A  Round, top inside c-off, 14-up lbs.      4   19,169   $283.80       $0.09
171B  Round, outside round                     5    5,923   $262.95     ($0.04)
171C  Round, eye of round                     40   43,993   $244.66     ($2.06)
      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.            17   24,760   $269.51       $1.99
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  18   16,203   $230.84       $1.77
185A  Loin, bottom sirloin butt flap, bnls.   39  198,674   $299.97       $5.08
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   36,005   $273.41       $3.76
112   Rib, ribeye roll, 6-8 lbs.              36   56,269   $286.78       $1.33
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     8   70,486   $284.98     ($0.72)
      Inside round - Boxed                    38   46,709   $295.71       $1.37
      Outside round                            3   21,591   $253.11     ($1.84)
      Eye of round                            14   34,013   $257.88       $2.68
      Flats and eyes - Combo                  13  142,535   $248.52       
      Flats and eyes - Boxed                            
      Striploin                               77  294,058   $281.46       $0.97
      S.P.B. - Combo                          13  186,000   $242.99     ($0.07)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     34   89,699   $228.00       $0.32
167A  Round, knuckle, peeled                  18   74,976   $244.97     ($0.94)
190   Loin, tenderloin, 2-3 lbs.              15   31,248   $378.02     ($0.72)
190   Loin, tenderloin, 3-4 lbs.              29   30,544   $521.42       $5.72
190   Loin, tenderloin, 4-5 lbs.             148  244,432   $485.52     ($3.96)
190   Loin, tenderloin, 5-up lbs.             29   42,611   $474.75     ($0.27)
193   Flank, flank steak                      76   83,450   $316.43       $2.25
      Flank, rough                            62   85,554   $246.33       $0.06
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4    9,600   $262.85       $0.92
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   14,143   $271.11       
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    5,985   $445.67       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       6   16,165   $258.59     ($1.48)
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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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