Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 5/23/2017

Past Market Reports

Report Date: 5/23/2017

LM_XB405
Des Moines, IA                 Tue, May 23, 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:               $176.73
Change from prior day:                $0.08
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $227.40        $126.98         $0.37
100% lean inside round                      $299.03          $6.94       ($0.04)
100% lean, flats and eyes                   $250.68          $5.82       ($0.06)
100% lean, S.P.B.                           $244.79         $12.24         $0.02
Chuck Tender                                $238.78          $2.39         
Knuckle                   4-7 lbs.          $263.92          $6.68         $0.02
Tenderloin                2-3 lbs.          $381.69          $2.02       ($0.12)
Tenderloin                3-4 lbs.          $479.74          $3.55       ($0.16)
Ribeye Roll               4-6 lbs.          $268.55          $2.82         $0.07
Ribeye Roll               6-8 lbs.          $288.22          $2.13       ($0.01)
Ribeye Roll               8up lbs.          $308.00          $2.25         
Flank Steak                                 $309.97          $1.30       ($0.01)
Kidney, Edible                               $15.67          $0.07         
Fat, inedible                                $20.94          $0.49         
Bone                                          $4.39          $1.05         
--------------------------------------------------------------------------------
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                 20.21  loads --              808,489  pounds
Cutter/Canner Cuts                  1.83  loads --               73,119  pounds
Boner/Breaker/Cutter/Canner        18.19  loads --              727,658  pounds
100% Lean Items                    17.70  loads --              707,819  pounds
Frozen Cuts                         2.10  loads --               83,911  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6   11,508   $297.14       $4.44
112   Rib, ribeye roll, 8-10 lbs.             30   55,965   $292.23     ($3.23)
112   Rib, ribeye roll, 10-up lbs.            94  115,011   $327.98       $3.84
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      14   18,338   $454.05       $3.91
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                      8   11,512   $183.74     ($4.45)
120   Chuck, brisket                          28   59,326   $201.42     ($0.40)
168   Round, top inside, 10-dn lbs.            5    8,396   $233.97       $0.70
168   Round, top inside, 10-up lbs.           14   32,161   $250.92     ($2.55)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     25  278,433   $291.19       $0.83
169A  Round, top inside c-off, 14-up lbs.      4   14,330   $288.54       $0.32
171B  Round, outside round                     6   18,178   $251.63    ($11.73)
171C  Round, eye of round                     50   44,970   $244.34     ($3.27)
      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.            20   45,139   $280.40    ($34.16)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  25   33,506   $251.79       $2.12
185A  Loin, bottom sirloin butt flap, bnls.   40   51,893   $402.23      $32.71
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3    8,202   $260.82       $3.81
112   Rib, ribeye roll, 6-8 lbs.              35   63,717   $288.22     ($0.43)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     9  156,434   $294.68     ($1.87)
      Inside round - Boxed                    29  117,107   $304.84     ($3.32)
      Outside round                            7   55,023   $243.85     ($3.56)
      Eye of round                            20   52,781   $257.80     ($2.83)
      Flats and eyes - Combo                            
      Flats and eyes - Boxed                            
      Striploin                               65  282,474   $287.54       $0.58
      S.P.B. - Combo                           6   44,000   $244.79       $0.48
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32  103,337   $238.78     ($0.20)
167A  Round, knuckle, peeled                   6   19,481   $263.92       $0.50
190   Loin, tenderloin, 2-3 lbs.              16   52,937   $381.69    ($22.22)
190   Loin, tenderloin, 3-4 lbs.              45   90,787   $494.64     ($6.78)
190   Loin, tenderloin, 4-5 lbs.             148  211,269   $538.34       $6.58
190   Loin, tenderloin, 5-up lbs.             29   54,836   $548.88      $17.08
193   Flank, flank steak                      87   90,971   $314.50     ($0.22)
      Flank, rough                            61  104,040   $249.68     ($0.50)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   20,895   $278.87       $1.80
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.             4    9,152   $275.24       $2.21
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.               3   15,887   $394.60
190   Loin, tenderloin, 4-5 lbs.                        
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                       6   11,130   $273.00       
--------------------------------------------------------------------------------
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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