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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 3/23/2018

LM_XB405
Des Moines, IA                 Fri, Mar 23, 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:               $173.21
Change from prior day:                $0.63
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $219.06        $122.32         $0.52
100% lean inside round                      $303.71          $7.05         $0.01
100% lean, flats and eyes                   $276.96          $6.43         $0.02
100% lean, S.P.B.                           $269.18         $13.46         $0.02
Chuck Tender                                $228.17          $2.28         
Knuckle                   4-7 lbs.          $237.08          $6.00         
Tenderloin                2-3 lbs.          $406.93          $2.16         
Tenderloin                3-4 lbs.          $439.35          $3.25         $0.06
Ribeye Roll               4-6 lbs.          $276.00          $2.90         
Ribeye Roll               6-8 lbs.          $283.92          $2.10         
Ribeye Roll               8up lbs.          $286.34          $2.09         
Flank Steak                                 $312.75          $1.31         
Kidney, Edible                               $19.72          $0.09         
Fat, inedible                                $15.91          $0.37         
Bone                                          $5.82          $1.40         
--------------------------------------------------------------------------------
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                 21.87  loads --              874,850  pounds
Cutter/Canner Cuts                  3.05  loads --              122,019  pounds
Boner/Breaker/Cutter/Canner        20.59  loads --              823,624  pounds
100% Lean Items                    20.85  loads --              834,165  pounds
Frozen Cuts                         0.98  loads --               39,269  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    6,140   $276.08       $1.06
112   Rib, ribeye roll, 8-10 lbs.             37   56,469   $291.96       $3.03
112   Rib, ribeye roll, 10-up lbs.           135  119,849   $299.35     ($0.23)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      10    9,493   $448.75     ($2.12)
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                               
120   Chuck, brisket                          24   90,494   $222.79       $0.27
168   Round, top inside, 10-dn lbs.            3    5,902   $217.83     ($0.57)
168   Round, top inside, 10-up lbs.           16   71,033   $229.64     ($6.18)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     20  156,716   $296.29     ($0.80)
169A  Round, top inside c-off, 14-up lbs.      4   27,653   $287.86     ($0.81)
171B  Round, outside round                     7   13,062   $279.22       $0.45
171C  Round, eye of round                     45   55,670   $248.12     ($7.67)
      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.            23   26,477   $257.85     ($2.74)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  20   40,225   $265.41       $0.88
185A  Loin, bottom sirloin butt flap, bnls.   51  193,514   $287.56    ($13.52)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              36  108,744   $283.92       $0.27
112   Rib, ribeye roll, 8-up lbs.              5   13,275   $286.34       
100% LEAN
      Inside round - Combo                    13  120,712   $302.81       $0.29
      Inside round - Boxed                    31   51,336   $305.83       $0.08
      Outside round                            4   47,955   $278.96       $6.77
      Eye of round                            25   55,079   $281.09     ($0.39)
      Flats and eyes - Combo                  17  207,671   $275.41     ($0.21)
      Flats and eyes - Boxed                            
      Striploin                               68  277,830   $297.57       $0.11
      S.P.B. - Combo                           9   73,582   $269.18       $0.45
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33   77,504   $228.17     ($0.03)
167A  Round, knuckle, peeled                  36  220,426   $237.08     ($0.07)
190   Loin, tenderloin, 2-3 lbs.              18   30,521   $406.93     ($0.40)
190   Loin, tenderloin, 3-4 lbs.              30   81,181   $439.35       $8.30
190   Loin, tenderloin, 4-5 lbs.             115  183,163   $480.23     ($2.61)
190   Loin, tenderloin, 5-up lbs.             63   64,412   $487.06     ($5.79)
193   Flank, flank steak                      96   82,207   $317.19       $0.48
      Flank, rough                            57   84,210   $258.77       $2.30
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              7   14,300   $275.83       $1.71
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.              3      121   $188.89
180   Loin, strip, bnls, 9-up lbs.             3    8,717   $282.08
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
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.               5    5,194   $511.25       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       8   10,937   $279.39       $0.54
--------------------------------------------------------------------------------
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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