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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 3/15/2018

LM_XB405
Des Moines, IA                 Thu, Mar 15, 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:               $172.39
Change from prior day:              ($0.15)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $217.02        $121.18       ($0.14)
100% lean inside round                      $302.04          $7.01         
100% lean, flats and eyes                   $277.71          $6.44         
100% lean, S.P.B.                           $277.91         $13.90         
Chuck Tender                                $227.16          $2.27         
Knuckle                   4-7 lbs.          $237.52          $6.01         
Tenderloin                2-3 lbs.          $394.25          $2.09         
Tenderloin                3-4 lbs.          $462.28          $3.42         $0.05
Ribeye Roll               4-6 lbs.          $277.09          $2.91       ($0.05)
Ribeye Roll               6-8 lbs.          $283.45          $2.10         $0.01
Ribeye Roll               8up lbs.          $285.84          $2.09         
Flank Steak                                 $298.05          $1.25       ($0.02)
Kidney, Edible                               $17.75          $0.08         
Fat, inedible                                $15.91          $0.37         
Bone                                          $5.28          $1.27         
--------------------------------------------------------------------------------
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                 23.00  loads --              919,868  pounds
Cutter/Canner Cuts                  1.76  loads --               70,228  pounds
Boner/Breaker/Cutter/Canner        25.53  loads --            1,021,333  pounds
100% Lean Items                    17.94  loads --              717,693  pounds
Frozen Cuts                         2.68  loads --              107,215  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5   12,275   $276.49       $0.74
112   Rib, ribeye roll, 8-10 lbs.             30   28,155   $296.81       $3.92
112   Rib, ribeye roll, 10-up lbs.           138  126,790   $302.15       $0.20
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      12   12,970   $439.94       $0.99
112A  Rib, ribeye roll-lip-on, 8-up lbs.       9   18,655   $330.47       $1.89
      Chuck, boneless 85%                               
120   Chuck, brisket                          19  140,668   $212.29       $0.22
168   Round, top inside, 10-dn lbs.            5   16,616   $221.39     ($1.42)
168   Round, top inside, 10-up lbs.           18   57,692   $230.03     ($2.57)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     29  214,752   $307.89     ($0.40)
169A  Round, top inside c-off, 14-up lbs.      3   32,966   $287.12     ($2.78)
171B  Round, outside round                     6    7,574   $280.43     ($0.52)
171C  Round, eye of round                     59   48,817   $253.84       $1.45
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              3    1,223   $226.49     ($3.25)
180   Loin, strip, bnls, 9-up lbs.            17   38,134   $246.35       $0.76
182   Loin, sirloin butt
184   Loin, top sirloin butt                  26   41,517   $245.39     ($0.57)
185A  Loin, bottom sirloin butt flap, bnls.   44  112,993   $308.29       $0.26
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              54   64,918   $283.45       $0.74
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    10  103,770   $301.97       
      Inside round - Boxed                    30   55,057   $302.19     ($0.11)
      Outside round
      Eye of round                            14   31,677   $279.16     ($0.25)
      Flats and eyes - Combo                  16  134,911   $277.49     ($0.05)
      Flats and eyes - Boxed                            
      Striploin                               71  361,007   $293.99     ($0.11)
      S.P.B. - Combo                           4   25,655   $277.91       
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     38   85,363   $227.16       $0.28
167A  Round, knuckle, peeled                  42  314,264   $237.52     ($0.15)
190   Loin, tenderloin, 2-3 lbs.              18   37,785   $394.25     ($0.92)
190   Loin, tenderloin, 3-4 lbs.              35  157,756   $462.28       $7.52
190   Loin, tenderloin, 4-5 lbs.             135  173,301   $502.11     ($1.18)
190   Loin, tenderloin, 5-up lbs.             60   69,262   $526.26       $1.38
193   Flank, flank steak                      98  103,517   $302.14     ($1.93)
      Flank, rough                            67   80,085   $253.42       $1.23
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              6   14,126   $272.09       $0.15
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.             5   15,000   $283.00     ($0.92)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   36,820   $277.09
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.               4   22,114   $474.20       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       5   17,265   $273.57
--------------------------------------------------------------------------------
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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