Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 6/1/2017

Past Market Reports

Report Date: 6/1/2017

LM_XB405
Des Moines, IA                 Thu, Jun 01, 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:               $178.60
Change from prior day:              ($0.69)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $229.44        $128.12       ($0.64)
100% lean inside round                      $307.08          $7.12       ($0.01)
100% lean, flats and eyes                   $251.68          $5.84         $0.01
100% lean, S.P.B.                           $244.76         $12.24         
Chuck Tender                                $239.81          $2.40       ($0.01)
Knuckle                   4-7 lbs.          $253.38          $6.41       ($0.03)
Tenderloin                2-3 lbs.          $434.04          $2.30         
Tenderloin                3-4 lbs.          $540.41          $4.00         $0.01
Ribeye Roll               4-6 lbs.          $268.33          $2.82         
Ribeye Roll               6-8 lbs.          $297.71          $2.20       ($0.01)
Ribeye Roll               8up lbs.          $308.74          $2.25       ($0.01)
Flank Steak                                 $307.32          $1.29         
Kidney, Edible                               $16.37          $0.08         
Fat, inedible                                $21.94          $0.51         
Bone                                          $4.26          $1.02         
--------------------------------------------------------------------------------
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                 25.12  loads --            1,004,896  pounds
Cutter/Canner Cuts                  1.66  loads --               66,213  pounds
Boner/Breaker/Cutter/Canner        16.01  loads --              640,450  pounds
100% Lean Items                    22.00  loads --              879,829  pounds
Frozen Cuts                         1.58  loads --               63,389  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6    6,166   $299.00       $3.92
112   Rib, ribeye roll, 8-10 lbs.             35   57,246   $297.95     ($1.72)
112   Rib, ribeye roll, 10-up lbs.            90  138,247   $323.31     ($0.11)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   31,003   $462.83       $1.28
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                      7  100,515   $207.08       
120   Chuck, brisket                          30   64,843   $210.49       $2.88
168   Round, top inside, 10-dn lbs.            4    2,313   $232.01
168   Round, top inside, 10-up lbs.           11   37,845   $263.73       $1.37
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     27  314,406   $289.51     ($0.59)
169A  Round, top inside c-off, 14-up lbs.      4    4,712   $288.07     ($1.01)
171B  Round, outside round                     4    6,886   $256.91       $0.75
171C  Round, eye of round                     37   41,727   $235.68     ($5.63)
      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.             9   12,625   $267.40       $3.04
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  28   74,017   $245.72     ($2.46)
185A  Loin, bottom sirloin butt flap, bnls.   44   99,683   $372.71      $22.50
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   15,597   $253.02       
112   Rib, ribeye roll, 6-8 lbs.              28   42,606   $297.71     ($1.38)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     8   92,563   $302.82       $2.44
      Inside round - Boxed                    26   78,343   $312.12     ($3.38)
      Outside round                            6   65,658   $248.26       $0.04
      Eye of round                            14   43,470   $258.40       $1.20
      Flats and eyes - Combo                  12  181,268   $251.31       $0.22
      Flats and eyes - Boxed                            
      Striploin                               69  228,527   $290.41     ($5.68)
      S.P.B. - Combo                          13  190,000   $244.76       
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     28   83,898   $239.81     ($1.33)
167A  Round, knuckle, peeled                  14   67,880   $253.38     ($1.19)
190   Loin, tenderloin, 2-3 lbs.              14   14,340   $459.52     ($3.30)
190   Loin, tenderloin, 3-4 lbs.              43   38,881   $540.41       $1.76
190   Loin, tenderloin, 4-5 lbs.             133  199,507   $551.63       $0.71
190   Loin, tenderloin, 5-up lbs.             22   45,835   $600.95      $19.75
193   Flank, flank steak                      82   83,054   $308.21       $0.06
      Flank, rough                            44  107,055   $241.05     ($9.95)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              3    2,900   $285.07       
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   10,660   $283.20       $4.46
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.
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       5    5,194   $293.00       
--------------------------------------------------------------------------------
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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