Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 3/19/2018

Past Market Reports

Report Date: 3/19/2018

LM_XB405
Des Moines, IA                 Mon, Mar 19, 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:               $173.33
Change from prior day:                $0.32
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.53        $122.03         $0.18
100% lean inside round                      $303.43          $7.04         $0.03
100% lean, flats and eyes                   $279.53          $6.49         $0.07
100% lean, S.P.B.                           $281.03         $14.05         $0.15
Chuck Tender                                $228.09          $2.28         $0.01
Knuckle                   4-7 lbs.          $236.78          $5.99       ($0.01)
Tenderloin                2-3 lbs.          $350.20          $1.86       ($0.23)
Tenderloin                3-4 lbs.          $454.90          $3.37       ($0.03)
Ribeye Roll               4-6 lbs.          $277.09          $2.91         
Ribeye Roll               6-8 lbs.          $284.29          $2.10         
Ribeye Roll               8up lbs.          $285.84          $2.09         
Flank Steak                                 $300.73          $1.26         $0.01
Kidney, Edible                               $19.72          $0.09         $0.01
Fat, inedible                                $15.91          $0.37         
Bone                                          $5.82          $1.40         $0.13
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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                 24.51  loads --              980,298  pounds
Cutter/Canner Cuts                  2.45  loads --               98,187  pounds
Boner/Breaker/Cutter/Canner        24.78  loads --              991,325  pounds
100% Lean Items                    22.20  loads --              888,008  pounds
Frozen Cuts                         4.11  loads --              164,555  pounds
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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.             30   35,426   $288.78     ($2.00)
112   Rib, ribeye roll, 10-up lbs.           139  129,718   $300.88     ($0.06)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      15   17,772   $443.56       $2.94
112A  Rib, ribeye roll-lip-on, 8-up lbs.      10   46,527   $326.00     ($0.15)
      Chuck, boneless 85%                               
120   Chuck, brisket                          20  129,161   $211.26     ($1.16)
168   Round, top inside, 10-dn lbs.            5   17,272   $221.40     ($0.06)
168   Round, top inside, 10-up lbs.           19   58,874   $230.69       $0.81
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     31  274,814   $298.97     ($5.29)
169A  Round, top inside c-off, 14-up lbs.      4   53,085   $288.10       $0.98
171B  Round, outside round                     7   11,874   $280.01     ($0.52)
171C  Round, eye of round                     59   52,546   $251.41     ($4.30)
      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.            14   24,677   $249.03       $1.37
182   Loin, sirloin butt
184   Loin, top sirloin butt                  16   22,273   $253.74       $8.79
185A  Loin, bottom sirloin butt flap, bnls.   49   94,874   $338.92      $16.72
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              47   92,877   $284.29       $0.78
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    14  166,534   $302.92       $0.88
      Inside round - Boxed                    39   55,717   $304.95       $2.14
      Outside round                            3   28,443   $270.12       $1.87
      Eye of round                            16   34,833   $279.93       $1.36
      Flats and eyes - Combo                  17  152,449   $281.20       $3.43
      Flats and eyes - Boxed                            
      Striploin                               80  420,250   $294.56       $0.47
      S.P.B. - Combo                           4   29,782   $281.03       $3.12
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     37  100,026   $228.09       $0.98
167A  Round, knuckle, peeled                  45  359,981   $236.78     ($0.42)
190   Loin, tenderloin, 2-3 lbs.              15   14,575   $350.20    ($43.78)
190   Loin, tenderloin, 3-4 lbs.              29   90,639   $454.90     ($5.13)
190   Loin, tenderloin, 4-5 lbs.             139  190,284   $494.87     ($8.50)
190   Loin, tenderloin, 5-up lbs.             51   45,020   $545.36      $12.11
193   Flank, flank steak                     105   98,390   $305.80       $2.82
      Flank, rough                            69   92,410   $254.57       $1.68
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             10   96,247   $273.71       
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.
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.
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       6   18,700   $274.07       $0.50
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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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