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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 1/24/2018

LM_XB405
Des Moines, IA                 Wed, Jan 24, 2018                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:               $170.44
Change from prior day:                $0.30
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $214.66        $119.87         $0.29
100% lean inside round                      $285.11          $6.61         
100% lean, flats and eyes                   $274.96          $6.38         
100% lean, S.P.B.                           $272.80         $13.64         $0.01
Chuck Tender                                $232.61          $2.33         $0.01
Knuckle                   4-7 lbs.          $234.55          $5.93       ($0.04)
Tenderloin                2-3 lbs.          $398.92          $2.11         $0.02
Tenderloin                3-4 lbs.          $492.55          $3.64         $0.02
Ribeye Roll               4-6 lbs.          $263.94          $2.77       ($0.01)
Ribeye Roll               6-8 lbs.          $288.07          $2.13       ($0.01)
Ribeye Roll               8up lbs.          $311.50          $2.27         
Flank Steak                                 $305.84          $1.28         $0.01
Kidney, Edible                               $18.29          $0.08         
Fat, inedible                                $16.25          $0.38         
Bone                                          $4.25          $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                 23.50  loads --              939,930  pounds
Cutter/Canner Cuts                  2.72  loads --              108,845  pounds
Boner/Breaker/Cutter/Canner        20.85  loads --              833,804  pounds
100% Lean Items                    21.63  loads --              865,228  pounds
Frozen Cuts                         3.80  loads --              152,005  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7    5,950   $281.15
112   Rib, ribeye roll, 8-10 lbs.             27   40,326   $302.28     ($1.61)
112   Rib, ribeye roll, 10-up lbs.            84  137,220   $311.84       $0.25
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      14   22,512   $309.43      $14.78
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                      6   79,800   $189.36       
120   Chuck, brisket                          32   97,521   $211.62     ($2.33)
168   Round, top inside, 10-dn lbs.            8   31,202   $208.14       $0.86
168   Round, top inside, 10-up lbs.           17   61,991   $205.90       $1.75
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     21  134,403   $276.62       $8.24
169A  Round, top inside c-off, 14-up lbs.      7   28,202   $266.35       $0.10
171B  Round, outside round                     5    8,415   $274.06       
171C  Round, eye of round                     32   49,674   $243.08    ($15.19)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              5    1,797   $219.87       $0.58
180   Loin, strip, bnls, 9-up lbs.            14   20,571   $235.97    ($31.96)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  18   29,869   $231.95     ($3.60)
185A  Loin, bottom sirloin butt flap, bnls.   50  181,242   $256.92     ($2.65)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              40   95,562   $288.07     ($1.19)
112   Rib, ribeye roll, 8-up lbs.              4   11,020   $311.50     ($0.04)
100% LEAN
      Inside round - Combo                     6   85,513   $284.89       $0.77
      Inside round - Boxed                    32   94,252   $285.31     ($0.04)
      Outside round                            3   38,569   $274.59
      Eye of round                            10   28,029   $271.84       $0.15
      Flats and eyes - Combo                  15  197,782   $275.48     ($0.23)
      Flats and eyes - Boxed                            
      Striploin                               78  249,083   $290.92       $0.03
      S.P.B. - Combo                          13  172,000   $272.80       $0.10
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     29   75,964   $232.61       $0.27
167A  Round, knuckle, peeled                  25  146,739   $234.55     ($1.43)
190   Loin, tenderloin, 2-3 lbs.              20   16,284   $398.92       $5.38
190   Loin, tenderloin, 3-4 lbs.              24  102,984   $493.99       $4.53
190   Loin, tenderloin, 4-5 lbs.             123  227,894   $496.99     ($4.17)
190   Loin, tenderloin, 5-up lbs.             34   78,519   $491.25    ($33.64)
193   Flank, flank steak                      86   97,820   $306.46       $3.83
      Flank, rough                            53   87,600   $268.21       $0.50
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   11,115   $281.59     ($0.98)
112   Rib, ribeye roll, 8-10 lbs.              6   14,025   $280.35       $0.83
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.
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.               3  101,840   $414.80       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       5    6,519   $296.54     ($4.64)
--------------------------------------------------------------------------------
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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