Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

1. Cattle.com
2. Market Reports
3. Iowa
4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 2/28/2018

Past Market Reports

Report Date: 2/28/2018

LM_XB405
Des Moines, IA                 Wed, Feb 28, 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:               $171.61
Change from prior day:              ($0.51)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $216.67        $120.99       ($0.67)
100% lean inside round                      $295.82          $6.86         $0.01
100% lean, flats and eyes                   $275.16          $6.38         
100% lean, S.P.B.                           $274.20         $13.71         $0.10
Chuck Tender                                $225.25          $2.25         
Knuckle                   4-7 lbs.          $236.80          $5.99         $0.03
Tenderloin                2-3 lbs.          $413.79          $2.19       ($0.01)
Tenderloin                3-4 lbs.          $442.81          $3.28         $0.04
Ribeye Roll               4-6 lbs.          $280.87          $2.95       ($0.01)
Ribeye Roll               6-8 lbs.          $282.25          $2.09         $0.01
Ribeye Roll               8up lbs.          $284.42          $2.08         
Flank Steak                                 $295.62          $1.24       ($0.01)
Kidney, Edible                               $17.25          $0.08         
Fat, inedible                                $15.41          $0.36         
Bone                                          $4.83          $1.16         
--------------------------------------------------------------------------------
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                 24.76  loads --              990,491  pounds
Cutter/Canner Cuts                  2.18  loads --               87,182  pounds
Boner/Breaker/Cutter/Canner        21.54  loads --              861,461  pounds
100% Lean Items                    18.51  loads --              740,256  pounds
Frozen Cuts                         1.65  loads --               65,933  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    6,938   $280.94       $1.32
112   Rib, ribeye roll, 8-10 lbs.             26   44,233   $300.81       $3.91
112   Rib, ribeye roll, 10-up lbs.           142  172,910   $297.06       $0.94
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      14   15,353   $357.40       $9.03
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                               
120   Chuck, brisket                          31  156,796   $211.86     ($0.80)
168   Round, top inside, 10-dn lbs.            6    4,953   $224.61       $0.18
168   Round, top inside, 10-up lbs.           13   69,670   $220.06     ($2.47)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     26  253,442   $281.52     ($0.79)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     6    8,210   $280.16       
171C  Round, eye of round                     27   65,806   $259.29       $1.88
      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.            30   49,321   $262.31     ($4.51)
182   Loin, sirloin butt
184   Loin, top sirloin butt                  17   32,734   $249.30       $0.21
185A  Loin, bottom sirloin butt flap, bnls.   46   87,396   $304.81       $4.77
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              39   78,626   $282.25       $1.31
112   Rib, ribeye roll, 8-up lbs.              3    8,180   $284.42       
100% LEAN
      Inside round - Combo                    11  103,837   $294.88       $0.65
      Inside round - Boxed                    31   75,910   $297.10       $0.36
      Outside round
      Eye of round                            16   33,542   $274.24     ($3.38)
      Flats and eyes - Combo                  24  167,940   $275.21       $0.93
      Flats and eyes - Boxed                            
      Striploin                               78  295,487   $290.10       $0.45
      S.P.B. - Combo                           8   54,184   $274.20       $2.07
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     27   78,573   $225.25       $0.38
167A  Round, knuckle, peeled                  41  265,194   $236.80       $1.25
190   Loin, tenderloin, 2-3 lbs.              21   16,489   $413.79     ($1.37)
190   Loin, tenderloin, 3-4 lbs.              34   93,206   $442.81       $4.54
190   Loin, tenderloin, 4-5 lbs.             116  157,001   $504.75       $1.84
190   Loin, tenderloin, 5-up lbs.             48   75,981   $482.05    ($10.59)
193   Flank, flank steak                      87  101,124   $296.86     ($1.16)
      Flank, rough                            59   73,893   $255.56       $5.98
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              3    7,975   $274.28       $1.80
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.             7   13,676   $275.85       $1.70
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   27,345   $281.08
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                       7   14,395   $286.87    ($18.31)
--------------------------------------------------------------------------------
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
.