Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 5/18/2017

Past Market Reports

Report Date: 5/18/2017

LM_XB405
Des Moines, IA                 Thu, May 18, 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:               $177.79
Change from prior day:                $2.65
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $229.60        $128.21         $2.41
100% lean inside round                      $303.24          $7.04       ($0.01)
100% lean, flats and eyes                   $248.32          $5.76         
100% lean, S.P.B.                           $242.47         $12.12       ($0.01)
Chuck Tender                                $236.08          $2.36         
Knuckle                   4-7 lbs.          $254.06          $6.43         $0.12
Tenderloin                2-3 lbs.          $400.68          $2.12         $0.01
Tenderloin                3-4 lbs.          $501.46          $3.71         $0.17
Ribeye Roll               4-6 lbs.          $261.33          $2.74       ($0.01)
Ribeye Roll               6-8 lbs.          $286.81          $2.12         $0.01
Ribeye Roll               8up lbs.          $309.03          $2.26         
Flank Steak                                 $295.39          $1.24       ($0.04)
Kidney, Edible                               $14.67          $0.07         
Fat, inedible                                $20.94          $0.49         
Bone                                          $4.66          $1.12         
--------------------------------------------------------------------------------
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                 26.16  loads --            1,046,344  pounds
Cutter/Canner Cuts                  2.62  loads --              104,850  pounds
Boner/Breaker/Cutter/Canner        19.81  loads --              792,386  pounds
100% Lean Items                    20.33  loads --              813,128  pounds
Frozen Cuts                         3.50  loads --              140,198  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10   14,508   $292.22       
112   Rib, ribeye roll, 8-10 lbs.             51   89,902   $289.74       $0.23
112   Rib, ribeye roll, 10-up lbs.            78  118,656   $321.86       $0.47
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      13   21,791   $437.19       $6.21
112A  Rib, ribeye roll-lip-on, 8-up lbs.       4    6,293   $442.18       $6.81
      Chuck, boneless 85%                     13   81,432   $209.03     ($1.52)
120   Chuck, brisket                          28   73,911   $200.94       $0.95
168   Round, top inside, 10-dn lbs.            5   12,414   $237.97     ($0.35)
168   Round, top inside, 10-up lbs.           11   37,632   $265.25       $9.43
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     27  265,545   $290.90       
169A  Round, top inside c-off, 14-up lbs.      3   30,390   $286.78       
171B  Round, outside round                     6    5,931   $263.66       $2.48
171C  Round, eye of round                     59   53,085   $248.80       $4.02
      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.            26   60,787   $303.57       $3.48
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  28   67,054   $238.66       $0.44
185A  Loin, bottom sirloin butt flap, bnls.   47   95,897   $348.63       $9.85
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3    9,478   $253.64
112   Rib, ribeye roll, 6-8 lbs.              47   71,897   $286.81       $1.50
112   Rib, ribeye roll, 8-up lbs.              4   23,475   $309.03     ($0.02)
100% LEAN
      Inside round - Combo                     8   56,992   $296.08       
      Inside round - Boxed                    27   51,490   $311.16     ($0.59)
      Outside round                            7   56,064   $251.23       $0.88
      Eye of round                            16   47,277   $258.38       $0.03
      Flats and eyes - Combo                   7  130,000   $243.41     ($0.45)
      Flats and eyes - Boxed                            
      Striploin                               84  277,305   $286.59       $0.05
      S.P.B. - Combo                          13  194,000   $242.47     ($0.03)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     39  122,010   $236.08       $0.39
167A  Round, knuckle, peeled                  14   41,534   $254.06       $4.70
190   Loin, tenderloin, 2-3 lbs.              16   17,472   $400.68       $1.74
190   Loin, tenderloin, 3-4 lbs.              43   83,515   $501.46      $23.29
190   Loin, tenderloin, 4-5 lbs.             173  274,514   $527.41      $12.45
190   Loin, tenderloin, 5-up lbs.             33   53,815   $504.78       $5.39
193   Flank, flank steak                      96  104,006   $303.89    ($11.08)
      Flank, rough                            66   95,520   $251.07     ($0.13)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   21,060   $292.73
112   Rib, ribeye roll, 8-10 lbs.             14   50,405   $272.12       $0.36
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.             6    5,252   $255.57     ($0.45)
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.               4    9,772   $487.33       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      12   25,228   $260.35       
--------------------------------------------------------------------------------
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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