Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 4/23/2018

Past Market Reports

Report Date: 4/23/2018

LM_XB405
Des Moines, IA                 Mon, Apr 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:               $172.89
Change from prior day:                $0.42
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $219.30        $122.46         $0.62
100% lean inside round                      $307.59          $7.14         $0.01
100% lean, flats and eyes                   $274.09          $6.36       ($0.03)
100% lean, S.P.B.                           $255.80         $12.79       ($0.28)
Chuck Tender                                $220.61          $2.21         $0.01
Knuckle                   4-7 lbs.          $235.73          $5.96         $0.02
Tenderloin                2-3 lbs.          $394.84          $2.09         $0.03
Tenderloin                3-4 lbs.          $476.30          $3.52         $0.03
Ribeye Roll               4-6 lbs.          $282.82          $2.97         
Ribeye Roll               6-8 lbs.          $283.93          $2.10         
Ribeye Roll               8up lbs.          $289.18          $2.11         
Flank Steak                                 $313.39          $1.32         $0.02
Kidney, Edible                               $19.08          $0.09         
Fat, inedible                                $15.24          $0.35         
Bone                                          $5.92          $1.42       ($0.01)
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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                 21.32  loads --              852,806  pounds
Cutter/Canner Cuts                  2.29  loads --               91,637  pounds
Boner/Breaker/Cutter/Canner        24.17  loads --              966,718  pounds
100% Lean Items                    14.99  loads --              599,649  pounds
Frozen Cuts                         1.85  loads --               73,938  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    6,650   $265.35
112   Rib, ribeye roll, 8-10 lbs.             39   35,454   $303.19       $6.11
112   Rib, ribeye roll, 10-up lbs.           179  185,722   $313.68       $0.47
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      12   32,771   $431.26     ($2.24)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       9   25,031   $325.74       $1.61
      Chuck, boneless 85%                               
120   Chuck, brisket                          15   34,213   $219.64       $0.98
168   Round, top inside, 10-dn lbs.            5   15,159   $217.07     ($0.31)
168   Round, top inside, 10-up lbs.           17   68,209   $222.74     ($4.49)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     23  225,708   $298.32       $2.33
169A  Round, top inside c-off, 14-up lbs.      3    2,850   $296.00
171B  Round, outside round                     5    5,933   $280.66       
171C  Round, eye of round                     40   41,963   $253.00       $2.51
      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.            22   55,401   $290.45      $42.40
182   Loin, sirloin butt
184   Loin, top sirloin butt                  18   17,472   $252.47     ($0.56)
185A  Loin, bottom sirloin butt flap, bnls.   40   90,432   $312.96       $2.43
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              40   83,462   $283.93       
112   Rib, ribeye roll, 8-up lbs.              3    8,175   $289.18       
100% LEAN
      Inside round - Combo                    11   44,471   $307.16       $0.15
      Inside round - Boxed                    33   71,137   $307.86       $0.07
      Outside round                            3   29,688   $275.73       $0.04
      Eye of round                            20   53,327   $276.59       $1.22
      Flats and eyes - Combo                  15  135,480   $272.74     ($2.85)
      Flats and eyes - Boxed                            
      Striploin                               72  229,537   $310.00       $0.05
      S.P.B. - Combo                           4   36,009   $255.80     ($5.65)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31   75,654   $220.61       $0.46
167A  Round, knuckle, peeled                  52  337,681   $235.73       $1.04
190   Loin, tenderloin, 2-3 lbs.              21   25,633   $394.84       $5.76
190   Loin, tenderloin, 3-4 lbs.              49   97,519   $476.30       $4.40
190   Loin, tenderloin, 4-5 lbs.             115  134,664   $504.40     ($5.86)
190   Loin, tenderloin, 5-up lbs.             47  115,767   $502.51       $4.73
193   Flank, flank steak                      89   92,864   $314.30       $4.25
      Flank, rough                            56   86,936   $256.52     ($0.04)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              6   43,505   $263.66     ($4.76)
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.             9   17,600   $293.63       
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                       3    3,370   $288.34
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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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