Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 4/13/2018

Past Market Reports

Report Date: 4/13/2018

LM_XB405
Des Moines, IA                 Fri, Apr 13, 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:               $173.98
Change from prior day:                $0.52
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $219.11        $122.35         $0.85
100% lean inside round                      $306.82          $7.12         $0.01
100% lean, flats and eyes                   $276.33          $6.41         
100% lean, S.P.B.                           $280.59         $14.03       ($0.22)
Chuck Tender                                $223.81          $2.24         
Knuckle                   4-7 lbs.          $235.98          $5.97       ($0.01)
Tenderloin                2-3 lbs.          $396.68          $2.10       ($0.01)
Tenderloin                3-4 lbs.          $475.38          $3.52       ($0.01)
Ribeye Roll               4-6 lbs.          $274.27          $2.88       ($0.09)
Ribeye Roll               6-8 lbs.          $282.40          $2.09         
Ribeye Roll               8up lbs.          $288.42          $2.11         
Flank Steak                                 $301.99          $1.27         
Kidney, Edible                               $18.82          $0.09         
Fat, inedible                                $15.24          $0.35         
Bone                                          $6.06          $1.45         
--------------------------------------------------------------------------------
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                 24.42  loads --              976,740  pounds
Cutter/Canner Cuts                  2.58  loads --              103,017  pounds
Boner/Breaker/Cutter/Canner        20.45  loads --              817,867  pounds
100% Lean Items                    13.84  loads --              553,610  pounds
Frozen Cuts                         1.44  loads --               57,779  pounds
--------------------------------------------------------------------------------
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.             27   74,467   $292.48       $1.09
112   Rib, ribeye roll, 10-up lbs.           168  150,506   $307.92       $0.76
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      11   17,998   $429.91     ($2.87)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       9   13,834   $288.65       $1.65
      Chuck, boneless 85%                               
120   Chuck, brisket                          21  107,165   $210.12     ($1.30)
168   Round, top inside, 10-dn lbs.            4   14,463   $200.76       
168   Round, top inside, 10-up lbs.           15   60,637   $224.79     ($0.90)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     28  297,578   $297.33       $0.31
169A  Round, top inside c-off, 14-up lbs.      6    8,010   $295.90     ($0.07)
171B  Round, outside round                     6    8,105   $280.91       $0.50
171C  Round, eye of round                     30   37,753   $268.06     ($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.
180   Loin, strip, bnls, 9-up lbs.            27   28,095   $260.82       $3.73
182   Loin, sirloin butt
184   Loin, top sirloin butt                  18   42,293   $247.35     ($0.28)
185A  Loin, bottom sirloin butt flap, bnls.   46  113,563   $330.23       $5.67
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              34   68,840   $282.40     ($0.29)
112   Rib, ribeye roll, 8-up lbs.              5   13,625   $288.42       
100% LEAN
      Inside round - Combo                    15   70,882   $305.62       $0.47
      Inside round - Boxed                    25   55,330   $308.37     ($1.79)
      Outside round                            4   31,975   $276.41       
      Eye of round                            23   55,968   $278.07     ($0.21)
      Flats and eyes - Combo                  15  140,923   $275.62       $0.05
      Flats and eyes - Boxed                            
      Striploin                               60  182,513   $307.44     ($2.08)
      S.P.B. - Combo                           5   16,019   $280.59
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     28   75,498   $223.81     ($0.52)
167A  Round, knuckle, peeled                  45  251,382   $235.98     ($0.22)
190   Loin, tenderloin, 2-3 lbs.              18   23,414   $396.68     ($2.05)
190   Loin, tenderloin, 3-4 lbs.              41   56,415   $475.38     ($1.49)
190   Loin, tenderloin, 4-5 lbs.             120  173,876   $506.48       $8.35
190   Loin, tenderloin, 5-up lbs.             60   49,056   $490.32     ($0.44)
193   Flank, flank steak                     106   95,503   $308.81     ($0.82)
      Flank, rough                            65   92,723   $252.13       $5.17
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              3   20,174   $276.12       $0.98
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.             6   12,130   $304.59       $0.41
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.                        
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       5   14,435   $256.90     ($1.00)
--------------------------------------------------------------------------------
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-