Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 5/24/2017

Past Market Reports

Report Date: 5/24/2017

LM_XB405
Des Moines, IA                 Wed, May 24, 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:               $176.16
Change from prior day:              ($0.57)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $226.61        $126.54       ($0.44)
100% lean inside round                      $299.01          $6.94         
100% lean, flats and eyes                   $249.31          $5.78       ($0.04)
100% lean, S.P.B.                           $245.36         $12.27         $0.03
Chuck Tender                                $238.45          $2.38       ($0.01)
Knuckle                   4-7 lbs.          $255.62          $6.47       ($0.21)
Tenderloin                2-3 lbs.          $379.00          $2.01       ($0.01)
Tenderloin                3-4 lbs.          $489.01          $3.62         $0.07
Ribeye Roll               4-6 lbs.          $269.22          $2.83         $0.01
Ribeye Roll               6-8 lbs.          $288.58          $2.14         $0.01
Ribeye Roll               8up lbs.          $308.88          $2.25         
Flank Steak                                 $313.68          $1.32         $0.02
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                 17.96  loads --              718,271  pounds
Cutter/Canner Cuts                  1.78  loads --               71,177  pounds
Boner/Breaker/Cutter/Canner        19.32  loads --              772,717  pounds
100% Lean Items                    20.57  loads --              822,663  pounds
Frozen Cuts                         2.95  loads --              118,080  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    2,660   $303.32       $6.18
112   Rib, ribeye roll, 8-10 lbs.             27   58,932   $293.84       $1.61
112   Rib, ribeye roll, 10-up lbs.            93  103,296   $328.94       $0.96
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      13   14,036   $465.17      $11.12
112A  Rib, ribeye roll-lip-on, 8-up lbs.       3    5,221   $396.67
      Chuck, boneless 85%                      3   11,400   $183.52     ($0.22)
120   Chuck, brisket                          28   46,566   $201.66       $0.24
168   Round, top inside, 10-dn lbs.            5    8,396   $233.54     ($0.43)
168   Round, top inside, 10-up lbs.           12   29,264   $252.53       $1.61
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     20  219,839   $289.07     ($2.12)
169A  Round, top inside c-off, 14-up lbs.      3   12,629   $289.15       $0.61
171B  Round, outside round                     5   17,278   $251.14     ($0.49)
171C  Round, eye of round                     38   36,509   $244.34       
      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.            19   45,486   $288.05       $7.65
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  22   29,195   $257.48       $5.69
185A  Loin, bottom sirloin butt flap, bnls.   38   68,102   $374.52    ($27.71)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              34   58,514   $288.58       $0.36
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     7  140,828   $294.20     ($0.48)
      Inside round - Boxed                    27   99,496   $305.82       $0.98
      Outside round                            7   67,121   $248.16       $4.31
      Eye of round                            19   41,477   $252.01     ($5.79)
      Flats and eyes - Combo                   5   97,770   $248.95
      Flats and eyes - Boxed                            
      Striploin                               71  296,908   $286.71     ($0.83)
      S.P.B. - Combo                           7   79,000   $245.28       $0.49
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31   94,266   $238.45     ($0.33)
167A  Round, knuckle, peeled                  10   51,315   $255.62     ($8.30)
190   Loin, tenderloin, 2-3 lbs.              17   58,633   $379.00     ($2.69)
190   Loin, tenderloin, 3-4 lbs.              44   88,078   $506.04      $11.40
190   Loin, tenderloin, 4-5 lbs.             143  233,389   $545.07       $6.73
190   Loin, tenderloin, 5-up lbs.             34   59,047   $559.87      $10.99
193   Flank, flank steak                      89  101,067   $317.42       $2.92
      Flank, rough                            53   86,922   $250.86       $1.18
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   20,895   $278.87       
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    8,840   $274.62     ($0.62)
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                       5    9,275   $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
1530C
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