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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 12/26/2017

LM_XB405
Des Moines, IA                 Tue, Dec 26, 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:               $168.23
Change from prior day:              ($0.67)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $211.40        $118.05       ($0.92)
100% lean inside round                      $284.30          $6.60       ($0.04)
100% lean, flats and eyes                   $269.04          $6.24         
100% lean, S.P.B.                           $271.70         $13.59         $0.04
Chuck Tender                                $217.31          $2.17         $0.03
Knuckle                   4-7 lbs.          $237.40          $6.01         $0.09
Tenderloin                2-3 lbs.          $407.73          $2.16         $0.04
Tenderloin                3-4 lbs.          $454.17          $3.36         $0.07
Ribeye Roll               4-6 lbs.          $277.50          $2.91         
Ribeye Roll               6-8 lbs.          $298.53          $2.21         $0.04
Ribeye Roll               8up lbs.          $306.00          $2.23       ($0.01)
Flank Steak                                 $287.81          $1.21       ($0.01)
Kidney, Edible                               $18.39          $0.08       ($0.01)
Fat, inedible                                $16.25          $0.38         
Bone                                          $4.28          $1.03         $0.01
--------------------------------------------------------------------------------
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                 22.97  loads --              918,662  pounds
Cutter/Canner Cuts                  1.08  loads --               43,285  pounds
Boner/Breaker/Cutter/Canner        17.16  loads --              686,256  pounds
100% Lean Items                    16.46  loads --              658,367  pounds
Frozen Cuts                         1.58  loads --               63,097  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             25   33,581   $318.84       $9.73
112   Rib, ribeye roll, 10-up lbs.           138  105,155   $324.19       $1.39
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   42,164   $315.03     ($6.15)
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                      6   67,205   $186.98     ($0.46)
120   Chuck, brisket                          17   51,716   $206.03     ($1.47)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.            8   24,949   $216.68     ($2.60)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     33  316,278   $273.30     ($1.23)
169A  Round, top inside c-off, 14-up lbs.      7   25,181   $250.46    ($10.70)
171B  Round, outside round                     3    4,649   $273.33       $0.84
171C  Round, eye of round                     33   44,465   $231.29     ($1.67)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              3      720   $186.22     ($0.52)
180   Loin, strip, bnls, 9-up lbs.            18   22,661   $247.14      $11.48
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  14   24,049   $200.53       $1.63
185A  Loin, bottom sirloin butt flap, bnls.   30  146,873   $252.37     ($3.25)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              21   40,540   $298.53       $4.90
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     3   47,411   $288.32     ($2.27)
      Inside round - Boxed                    24  105,536   $282.49     ($0.94)
      Outside round
      Eye of round                            16   61,375   $263.31     ($0.73)
      Flats and eyes - Combo                  11  122,055   $271.57       $0.02
      Flats and eyes - Boxed                            
      Striploin                               52  160,030   $287.16     ($0.43)
      S.P.B. - Combo                           9  146,571   $271.70       $0.58
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     25   76,769   $217.31       $3.42
167A  Round, knuckle, peeled                  11   67,889   $237.40       $3.60
190   Loin, tenderloin, 2-3 lbs.              25   56,005   $407.73       $8.03
190   Loin, tenderloin, 3-4 lbs.              43   96,010   $454.17       $9.30
190   Loin, tenderloin, 4-5 lbs.             121  157,698   $532.56       $3.56
190   Loin, tenderloin, 5-up lbs.             70   94,471   $513.77    ($27.49)
193   Flank, flank steak                      85   87,146   $287.39     ($2.48)
      Flank, rough                            33   50,268   $248.80     ($0.84)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   14,740   $284.48    ($14.89)
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.             9   38,220   $273.52       
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                       6    8,427   $292.06     ($1.05)
--------------------------------------------------------------------------------
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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