Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 2/1/2018

Past Market Reports

Report Date: 2/1/2018

LM_XB405
Des Moines, IA                 Thu, Feb 01, 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:               $171.91
Change from prior day:                $1.51
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $217.46        $121.43         $1.59
100% lean inside round                      $285.25          $6.62         
100% lean, flats and eyes                   $271.72          $6.30       ($0.03)
100% lean, S.P.B.                           $270.41         $13.52         
Chuck Tender                                $231.77          $2.32         
Knuckle                   4-7 lbs.          $238.33          $6.03         $0.02
Tenderloin                2-3 lbs.          $470.28          $2.49       ($0.03)
Tenderloin                3-4 lbs.          $457.21          $3.38         
Ribeye Roll               4-6 lbs.          $263.73          $2.77         
Ribeye Roll               6-8 lbs.          $288.18          $2.13         
Ribeye Roll               8up lbs.          $299.94          $2.19       ($0.03)
Flank Steak                                 $308.10          $1.29       ($0.01)
Kidney, Edible                               $17.00          $0.08         
Fat, inedible                                $16.25          $0.38         
Bone                                          $4.09          $0.98         
--------------------------------------------------------------------------------
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                 27.44  loads --            1,097,761  pounds
Cutter/Canner Cuts                  1.89  loads --               75,507  pounds
Boner/Breaker/Cutter/Canner        18.55  loads --              742,137  pounds
100% Lean Items                    24.12  loads --              964,603  pounds
Frozen Cuts                         1.66  loads --               66,411  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.             29   52,295   $311.83       $3.92
112   Rib, ribeye roll, 10-up lbs.           140  103,168   $314.45     ($5.62)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      19   31,630   $310.64       
112A  Rib, ribeye roll-lip-on, 8-up lbs.       4    7,040   $297.42       $5.46
      Chuck, boneless 85%                      9  137,400   $190.69       
120   Chuck, brisket                          27  165,267   $208.32     ($0.28)
168   Round, top inside, 10-dn lbs.            4   12,977   $202.41       $0.43
168   Round, top inside, 10-up lbs.           17   55,819   $213.29       $5.83
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     27  260,357   $284.58     ($2.50)
169A  Round, top inside c-off, 14-up lbs.     11   27,479   $267.79       $0.60
171B  Round, outside round                     5    4,220   $278.96       $1.88
171C  Round, eye of round                     38   41,211   $250.41       $1.27
      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.            20   58,089   $209.03       $1.00
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  22   41,815   $228.17     ($3.24)
185A  Loin, bottom sirloin butt flap, bnls.   34   87,601   $274.52       $1.32
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              37   61,123   $288.18       $0.72
112   Rib, ribeye roll, 8-up lbs.              6   14,384   $299.94
100% LEAN
      Inside round - Combo                     7   93,470   $285.01       
      Inside round - Boxed                    30   24,501   $286.17       $0.16
      Outside round
      Eye of round                            17   35,459   $274.95     ($6.64)
      Flats and eyes - Combo                  19  266,823   $271.07       
      Flats and eyes - Boxed                            
      Striploin                               79  285,679   $290.37     ($0.35)
      S.P.B. - Combo                          18  229,217   $270.41       $0.07
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     38  109,960   $231.77       $0.03
167A  Round, knuckle, peeled                  23   98,825   $238.33       $0.88
190   Loin, tenderloin, 2-3 lbs.              24   94,446   $470.59     ($5.38)
190   Loin, tenderloin, 3-4 lbs.              25   48,666   $457.21     ($0.03)
190   Loin, tenderloin, 4-5 lbs.             126  129,865   $512.98       $2.89
190   Loin, tenderloin, 5-up lbs.             45   54,993   $450.84     ($2.34)
193   Flank, flank steak                     103  111,572   $309.30     ($2.60)
      Flank, rough                            57   93,810   $268.93     ($3.39)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   24,475   $275.48       $0.95
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   21,320   $271.84     ($2.31)
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    6,572   $287.72       $3.33
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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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