Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 3/2/2018

Past Market Reports

Report Date: 3/2/2018

LM_XB405
Des Moines, IA                 Fri, Mar 02, 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:               $171.59
Change from prior day:                $0.02
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $216.67        $120.99        
100% lean inside round                      $296.21          $6.87        
100% lean, flats and eyes                   $274.93          $6.38        
100% lean, S.P.B.                           $270.73         $13.54        
Chuck Tender                                $227.42          $2.27         $0.02
Knuckle                   4-7 lbs.          $235.42          $5.96        
Tenderloin                2-3 lbs.          $422.64          $2.24         $0.01
Tenderloin                3-4 lbs.          $457.28          $3.38       ($0.02)
Ribeye Roll               4-6 lbs.          $281.08          $2.95        
Ribeye Roll               6-8 lbs.          $279.45          $2.07       ($0.02)
Ribeye Roll               8up lbs.          $286.00          $2.09         $0.01
Flank Steak                                 $297.69          $1.25         $0.02
Kidney, Edible                               $17.25          $0.08        
Fat, inedible                                $15.41          $0.36        
Bone                                          $4.83          $1.16        
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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                 24.65  loads --              985,837  pounds
Cutter/Canner Cuts                  1.47  loads --               58,794  pounds
Boner/Breaker/Cutter/Canner        23.84  loads --              953,499  pounds
100% Lean Items                    16.01  loads --              640,415  pounds
Frozen Cuts                         3.65  loads --              146,111  pounds
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IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
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BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   11,338   $277.94    ($11.04)
112   Rib, ribeye roll, 8-10 lbs.             18   36,488   $302.08       $3.94
112   Rib, ribeye roll, 10-up lbs.           126  134,484   $295.53     ($0.16)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      15   15,296   $385.46      $17.93
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                              
120   Chuck, brisket                          23  100,595   $212.10     ($0.27)
168   Round, top inside, 10-dn lbs.            6    8,235   $219.13      
168   Round, top inside, 10-up lbs.           15   66,496   $226.48       $2.88
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     33  335,120   $289.07       $7.55
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     5   10,730   $280.49     ($0.14)
171C  Round, eye of round                     33   65,505   $258.50       $0.10
      Loin, Semi-Bnls Short Loin, 13-dn lbs.           
      Loin, Semi-Bnls Short Loin, 13-up lbs.           
180   Loin, strip, bnls, 7-9 lbs.              3      168   $245.00      $18.93
180   Loin, strip, bnls, 9-up lbs.            21   40,353   $261.36     ($7.28)
182   Loin, sirloin butt
184   Loin, top sirloin butt                  13   31,676   $249.50     ($1.30)
185A  Loin, bottom sirloin butt flap, bnls.   37  105,989   $304.35     ($0.12)
191A  Loin, butt tender, peeled                        
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                       
112   Rib, ribeye roll, 6-8 lbs.              40   56,074   $279.45     ($2.90)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    10   96,975   $295.23       $0.39
      Inside round - Boxed                    28   40,725   $298.55     ($0.06)
      Outside round
      Eye of round                            16   37,506   $273.19     ($1.20)
      Flats and eyes - Combo                  22  161,998   $275.19      
      Flats and eyes - Boxed                           
      Striploin                               81  255,365   $291.40       $0.15
      S.P.B. - Combo                           7   38,490   $270.73       $0.01
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31   87,755   $227.42       $1.96
167A  Round, knuckle, peeled                  44  288,933   $235.42     ($0.09)
190   Loin, tenderloin, 2-3 lbs.              18   23,075   $422.64       $1.38
190   Loin, tenderloin, 3-4 lbs.              39  126,210   $458.24     ($1.28)
190   Loin, tenderloin, 4-5 lbs.             121  157,240   $501.51     ($9.20)
190   Loin, tenderloin, 5-up lbs.             56   81,342   $485.96       $7.54
193   Flank, flank steak                      88   95,390   $303.12       $5.46
      Flank, rough                            59   93,554   $254.17       $0.04
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   56,775   $269.85       $0.23
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   22,620   $279.14       $1.34
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   20,146   $271.97       $1.61
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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
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