Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 3/27/2018

Past Market Reports

Report Date: 3/27/2018

LM_XB405
Des Moines, IA                 Tue, Mar 27, 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:               $174.39
Change from prior day:                $1.05
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $220.57        $123.17         $1.03
100% lean inside round                      $306.49          $7.11         $0.02
100% lean, flats and eyes                   $277.88          $6.45         $0.08
100% lean, S.P.B.                           $271.34         $13.57         $0.18
Chuck Tender                                $227.31          $2.27       ($0.01)
Knuckle                   4-7 lbs.          $235.69          $5.96       ($0.07)
Tenderloin                2-3 lbs.          $443.15          $2.35       ($0.01)
Tenderloin                3-4 lbs.          $461.82          $3.42         $0.01
Ribeye Roll               4-6 lbs.          $260.00          $2.73       ($0.17)
Ribeye Roll               6-8 lbs.          $283.04          $2.09       ($0.01)
Ribeye Roll               8up lbs.          $286.34          $2.09         
Flank Steak                                 $308.24          $1.29         
Kidney, Edible                               $19.92          $0.09         
Fat, inedible                                $15.91          $0.37         
Bone                                          $5.95          $1.43         
--------------------------------------------------------------------------------
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                 26.46  loads --            1,058,240  pounds
Cutter/Canner Cuts                  1.54  loads --               61,425  pounds
Boner/Breaker/Cutter/Canner        18.93  loads --              757,328  pounds
100% Lean Items                    17.31  loads --              692,599  pounds
Frozen Cuts                         1.64  loads --               65,413  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7    8,800   $281.88       $5.80
112   Rib, ribeye roll, 8-10 lbs.             35   79,212   $288.60     ($1.76)
112   Rib, ribeye roll, 10-up lbs.           131  155,167   $297.94     ($0.17)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      11   11,492   $441.99     ($1.05)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       3    4,578   $334.81
      Chuck, boneless 85%                               
120   Chuck, brisket                          32  159,955   $221.10     ($1.14)
168   Round, top inside, 10-dn lbs.            7   11,862   $220.17       $1.64
168   Round, top inside, 10-up lbs.           15   61,064   $228.05     ($1.33)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     21  215,157   $300.47       $3.72
169A  Round, top inside c-off, 14-up lbs.      3   24,787   $290.82       $1.24
171B  Round, outside round                     8    9,108   $279.32       $0.01
171C  Round, eye of round                     46   56,333   $239.76     ($5.82)
      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.            37   69,899   $307.97       $1.33
182   Loin, sirloin butt
184   Loin, top sirloin butt                  19   50,101   $277.33     ($5.49)
185A  Loin, bottom sirloin butt flap, bnls.   51  138,680   $297.07      $13.72
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              36   46,406   $283.04     ($0.42)
112   Rib, ribeye roll, 8-up lbs.              5   13,325   $286.34       
100% LEAN
      Inside round - Combo                    13  102,677   $306.16       $0.52
      Inside round - Boxed                    30   56,229   $307.08       $1.33
      Outside round                            4   53,513   $278.92       $0.60
      Eye of round                            22   80,439   $277.75     ($1.15)
      Flats and eyes - Combo                  16  164,170   $277.60       $6.17
      Flats and eyes - Boxed                            
      Striploin                               70  219,709   $301.52       $3.86
      S.P.B. - Combo                           5   15,862   $271.34       $3.50
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32   53,344   $227.31     ($0.35)
167A  Round, knuckle, peeled                  35  152,715   $235.69     ($2.75)
190   Loin, tenderloin, 2-3 lbs.              15   11,924   $443.15     ($2.53)
190   Loin, tenderloin, 3-4 lbs.              40   90,213   $461.82       $1.23
190   Loin, tenderloin, 4-5 lbs.             124  178,231   $505.82       $5.37
190   Loin, tenderloin, 5-up lbs.             68   92,103   $480.56     ($2.15)
193   Flank, flank steak                      95   84,493   $312.91       $1.85
      Flank, rough                            60   94,305   $255.29     ($3.66)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5    6,875   $277.20       $1.37
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.             4    8,757   $282.06     ($0.02)
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   29,952   $472.71     ($4.40)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                      12   15,928   $283.47       $0.28
--------------------------------------------------------------------------------
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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