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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 9/27/2017

LM_XB405
Des Moines, IA                 Wed, Sep 27, 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:               $174.33
Change from prior day:              ($0.05)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $221.11        $123.47         $0.06
100% lean inside round                      $317.74          $7.37       ($0.05)
100% lean, flats and eyes                   $265.60          $6.16       ($0.01)
100% lean, S.P.B.                           $262.09         $13.10       ($0.01)
Chuck Tender                                $222.11          $2.22         
Knuckle                   4-7 lbs.          $245.57          $6.21       ($0.01)
Tenderloin                2-3 lbs.          $427.59          $2.27         $0.03
Tenderloin                3-4 lbs.          $405.97          $3.00       ($0.04)
Ribeye Roll               4-6 lbs.          $283.03          $2.97         
Ribeye Roll               6-8 lbs.          $301.25          $2.23       ($0.01)
Ribeye Roll               8up lbs.          $340.89          $2.49         
Flank Steak                                 $253.13          $1.06       ($0.01)
Kidney, Edible                               $18.78          $0.09         
Fat, inedible                                $21.10          $0.49         
Bone                                          $4.98          $1.20         
--------------------------------------------------------------------------------
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                 29.63  loads --            1,185,010  pounds
Cutter/Canner Cuts                  2.27  loads --               90,674  pounds
Boner/Breaker/Cutter/Canner        18.90  loads --              756,010  pounds
100% Lean Items                    22.31  loads --              892,488  pounds
Frozen Cuts                         3.40  loads --              135,981  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    5,740   $313.98     ($0.25)
112   Rib, ribeye roll, 8-10 lbs.             31   68,595   $338.09     ($2.03)
112   Rib, ribeye roll, 10-up lbs.            49  106,484   $353.97     ($3.39)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.       8   12,516   $392.23       $0.27
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                      6   73,524   $197.89       
120   Chuck, brisket                          33  139,045   $194.17       $1.72
168   Round, top inside, 10-dn lbs.            6    6,889   $198.67       $1.71
168   Round, top inside, 10-up lbs.           14   44,678   $214.13       $3.33
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     35  331,573   $290.24     ($4.62)
169A  Round, top inside c-off, 14-up lbs.      3   10,173   $277.56
171B  Round, outside round                     4    5,372   $260.04       
171C  Round, eye of round                     31   68,091   $254.59       $0.17
      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   64,132   $235.41       $0.16
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  30   62,787   $213.18     ($1.01)
185A  Loin, bottom sirloin butt flap, bnls.   37  177,983   $229.12     ($6.22)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              32   64,995   $301.25     ($1.38)
112   Rib, ribeye roll, 8-up lbs.              4   15,000   $340.89       
100% LEAN
      Inside round - Combo                     6   68,749   $326.37       $0.49
      Inside round - Boxed                    19   92,287   $311.32     ($2.78)
      Outside round                            3   29,159   $265.87       
      Eye of round                            23   79,951   $266.33     ($2.38)
      Flats and eyes - Combo                  14  134,083   $265.11       $0.14
      Flats and eyes - Boxed                            
      Striploin                               67  260,459   $288.65     ($0.87)
      S.P.B. - Combo                          14  227,800   $262.09     ($0.06)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     40  165,126   $222.11     ($0.06)
167A  Round, knuckle, peeled                  14   42,770   $245.57     ($0.16)
190   Loin, tenderloin, 2-3 lbs.              11   37,464   $427.59       $4.84
190   Loin, tenderloin, 3-4 lbs.              38   70,101   $405.97     ($5.19)
190   Loin, tenderloin, 4-5 lbs.             118  179,861   $439.36      $11.33
190   Loin, tenderloin, 5-up lbs.             30   58,232   $465.48       $2.00
193   Flank, flank steak                      93  105,298   $262.38     ($2.72)
      Flank, rough                            57   97,158   $226.80       $6.21
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   16,225   $308.00       
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.            10   50,770   $242.55       
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.              11   14,242   $458.49     ($1.60)
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                      11   33,688   $224.23     ($2.28)
--------------------------------------------------------------------------------
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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