Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 5/15/2017

Past Market Reports

Report Date: 5/15/2017

LM_XB405
Des Moines, IA                 Mon, May 15, 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:               $173.96
Change from prior day:                $0.32
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Item                                          Price          Value        Change
90% lean                                    $223.69        $124.91         $0.16
100% lean inside round                      $300.44          $6.97         $0.14
100% lean, flats and eyes                   $248.02          $5.75       ($0.04)
100% lean, S.P.B.                           $241.36         $12.07         
Chuck Tender                                $235.29          $2.35         
Knuckle                   4-7 lbs.          $247.75          $6.27         $0.03
Tenderloin                2-3 lbs.          $398.50          $2.11         $0.01
Tenderloin                3-4 lbs.          $492.12          $3.64         $0.06
Ribeye Roll               4-6 lbs.          $245.00          $2.57       ($0.13)
Ribeye Roll               6-8 lbs.          $283.88          $2.10         $0.02
Ribeye Roll               8up lbs.          $309.05          $2.26         
Flank Steak                                 $305.62          $1.28       ($0.02)
Kidney, Edible                               $14.67          $0.07         
Fat, inedible                                $20.94          $0.49         $0.04
Bone                                          $4.66          $1.12         $0.05
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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                 22.36  loads --              894,532  pounds
Cutter/Canner Cuts                  2.24  loads --               89,686  pounds
Boner/Breaker/Cutter/Canner        18.11  loads --              724,410  pounds
100% Lean Items                    21.04  loads --              841,548  pounds
Frozen Cuts                         2.07  loads --               82,965  pounds
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IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
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BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9    6,880   $279.67     ($0.35)
112   Rib, ribeye roll, 8-10 lbs.             29   70,418   $285.19     ($0.40)
112   Rib, ribeye roll, 10-up lbs.            87  137,414   $319.26       $0.60
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      21   42,978   $422.55       $6.07
112A  Rib, ribeye roll-lip-on, 8-up lbs.       7   14,053   $421.27     ($3.40)
      Chuck, boneless 85%                      6   75,620   $210.50       $3.82
120   Chuck, brisket                          21   44,297   $197.01       $0.20
168   Round, top inside, 10-dn lbs.            7   11,814   $237.55       $8.96
168   Round, top inside, 10-up lbs.           10   25,911   $252.75       $3.69
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     17  162,565   $284.44     ($0.57)
169A  Round, top inside c-off, 14-up lbs.      3   11,444   $285.00     ($1.00)
171B  Round, outside round                     5    4,227   $261.37       
171C  Round, eye of round                     50   69,416   $240.32       $3.42
      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   30,718   $275.26       $0.53
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  25   58,064   $240.77       $2.19
185A  Loin, bottom sirloin butt flap, bnls.   53  124,692   $346.98     ($2.13)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              52   61,384   $283.88       $2.99
112   Rib, ribeye roll, 8-up lbs.              5   27,225   $309.05       
100% LEAN
      Inside round - Combo                     8   68,071   $294.63       $4.11
      Inside round - Boxed                    30   62,289   $306.79       $3.32
      Outside round                            3   42,162   $251.66       $5.36
      Eye of round                            17   37,555   $257.52     ($3.06)
      Flats and eyes - Combo                  10  138,000   $244.33     ($1.26)
      Flats and eyes - Boxed                            
      Striploin                               91  307,471   $283.91     ($0.03)
      S.P.B. - Combo                          12  186,000   $241.36     ($0.05)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     35  109,196   $235.29       $0.69
167A  Round, knuckle, peeled                  20   62,600   $247.75       $1.10
190   Loin, tenderloin, 2-3 lbs.              16   15,946   $398.50       $2.80
190   Loin, tenderloin, 3-4 lbs.              34   54,288   $492.12       $7.72
190   Loin, tenderloin, 4-5 lbs.             146  228,129   $511.18     ($1.61)
190   Loin, tenderloin, 5-up lbs.             33   65,766   $500.87      $16.56
193   Flank, flank steak                     105   98,807   $318.43     ($2.07)
      Flank, rough                            54   89,678   $247.54       $2.81
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              9   32,905   $270.06     ($0.09)
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    3,380   $254.69       
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    8,328   $484.62       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      10   22,039   $248.17       $1.63
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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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