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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 3/1/2018

LM_XB405
Des Moines, IA                 Thu, Mar 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:               $171.57
Change from prior day:              ($0.04)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $216.67        $120.99        
100% lean inside round                      $296.04          $6.87         $0.01
100% lean, flats and eyes                   $275.16          $6.38        
100% lean, S.P.B.                           $270.72         $13.54       ($0.17)
Chuck Tender                                $225.46          $2.25        
Knuckle                   4-7 lbs.          $235.51          $5.96       ($0.03)
Tenderloin                2-3 lbs.          $421.26          $2.23         $0.04
Tenderloin                3-4 lbs.          $459.52          $3.40         $0.12
Ribeye Roll               4-6 lbs.          $281.08          $2.95        
Ribeye Roll               6-8 lbs.          $282.35          $2.09        
Ribeye Roll               8up lbs.          $284.81          $2.08        
Flank Steak                                 $292.43          $1.23       ($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                 22.53  loads --              901,364  pounds
Cutter/Canner Cuts                  2.05  loads --               81,867  pounds
Boner/Breaker/Cutter/Canner        22.35  loads --              894,141  pounds
100% Lean Items                    16.49  loads --              659,414  pounds
Frozen Cuts                         3.00  loads --              120,125  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    3,728   $288.98       $8.04
112   Rib, ribeye roll, 8-10 lbs.             16   37,007   $298.14     ($2.67)
112   Rib, ribeye roll, 10-up lbs.           126  149,750   $295.69     ($1.37)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      14   13,923   $367.53      $10.13
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                              
120   Chuck, brisket                          27  114,497   $212.37       $0.51
168   Round, top inside, 10-dn lbs.            6    8,235   $219.13     ($5.48)
168   Round, top inside, 10-up lbs.           15   83,586   $223.60       $3.54
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     28  250,370   $281.52      
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     6   12,230   $280.63       $0.47
171C  Round, eye of round                     29   64,024   $258.40     ($0.89)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.           
      Loin, Semi-Bnls Short Loin, 13-up lbs.           
180   Loin, strip, bnls, 7-9 lbs.              3      228   $226.07
180   Loin, strip, bnls, 9-up lbs.            25   37,311   $268.64       $6.33
182   Loin, sirloin butt
184   Loin, top sirloin butt                  12   26,982   $250.80       $1.50
185A  Loin, bottom sirloin butt flap, bnls.   41   78,211   $304.47     ($0.34)
191A  Loin, butt tender, peeled                        
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                       
112   Rib, ribeye roll, 6-8 lbs.              40   76,417   $282.35       $0.10
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    11   98,966   $294.84     ($0.04)
      Inside round - Boxed                    29   46,084   $298.61       $1.51
      Outside round
      Eye of round                            15   33,429   $274.39       $0.15
      Flats and eyes - Combo                  22  161,998   $275.19     ($0.02)
      Flats and eyes - Boxed                           
      Striploin                               81  271,097   $291.25       $1.15
      S.P.B. - Combo                           6   38,484   $270.72     ($3.48)
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     29   69,942   $225.46       $0.21
167A  Round, knuckle, peeled                  45  285,324   $235.51     ($1.29)
190   Loin, tenderloin, 2-3 lbs.              19   25,315   $421.26       $7.47
190   Loin, tenderloin, 3-4 lbs.              33  106,654   $459.52      $16.71
190   Loin, tenderloin, 4-5 lbs.             116  139,719   $510.71       $5.96
190   Loin, tenderloin, 5-up lbs.             50   81,882   $478.42     ($3.63)
193   Flank, flank steak                      86   86,540   $297.66       $0.80
      Flank, rough                            61   98,765   $254.13     ($1.43)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4   52,925   $269.62     ($4.66)
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.             8   16,796   $277.80       $1.95
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   20,517   $270.36    ($16.51)
--------------------------------------------------------------------------------
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
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