Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 4/24/2018

Past Market Reports

Report Date: 4/24/2018

LM_XB405
Des Moines, IA                 Tue, Apr 24, 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:               $172.50
Change from prior day:              ($0.39)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.50        $122.01       ($0.45)
100% lean inside round                      $306.94          $7.12       ($0.02)
100% lean, flats and eyes                   $272.49          $6.32       ($0.04)
100% lean, S.P.B.                           $256.56         $12.83         $0.04
Chuck Tender                                $221.52          $2.22         $0.01
Knuckle                   4-7 lbs.          $234.94          $5.94       ($0.02)
Tenderloin                2-3 lbs.          $400.61          $2.12         $0.03
Tenderloin                3-4 lbs.          $484.95          $3.59         $0.07
Ribeye Roll               4-6 lbs.          $282.82          $2.97         
Ribeye Roll               6-8 lbs.          $282.48          $2.09       ($0.01)
Ribeye Roll               8up lbs.          $288.17          $2.10       ($0.01)
Flank Steak                                 $316.78          $1.33         $0.01
Kidney, Edible                               $19.08          $0.09         
Fat, inedible                                $15.24          $0.35         
Bone                                          $5.92          $1.42         
--------------------------------------------------------------------------------
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                 18.35  loads --              734,060  pounds
Cutter/Canner Cuts                  3.14  loads --              125,646  pounds
Boner/Breaker/Cutter/Canner        22.38  loads --              895,360  pounds
100% Lean Items                    17.89  loads --              715,616  pounds
Frozen Cuts                         1.68  loads --               67,265  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6    7,000   $266.14       $0.79
112   Rib, ribeye roll, 8-10 lbs.             39   34,932   $312.12       $8.93
112   Rib, ribeye roll, 10-up lbs.           176  162,575   $321.93       $8.25
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      11   31,090   $430.89     ($0.37)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      10   25,341   $324.90     ($0.84)
      Chuck, boneless 85%                               
120   Chuck, brisket                          20   41,264   $216.22     ($3.42)
168   Round, top inside, 10-dn lbs.            6   18,440   $216.75     ($0.32)
168   Round, top inside, 10-up lbs.           14   56,133   $223.08       $0.34
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     17  118,636   $302.19       $3.87
169A  Round, top inside c-off, 14-up lbs.      3    1,389   $295.89     ($0.11)
171B  Round, outside round                     6    6,057   $280.68       $0.02
171C  Round, eye of round                     41   48,995   $260.97       $7.97
      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.            26   58,454   $289.26     ($1.19)
182   Loin, sirloin butt
184   Loin, top sirloin butt                  18   26,964   $246.76     ($5.71)
185A  Loin, bottom sirloin butt flap, bnls.   42   83,064   $326.21      $13.25
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              40  117,391   $282.48     ($1.45)
112   Rib, ribeye roll, 8-up lbs.              3    8,255   $288.17     ($1.01)
100% LEAN
      Inside round - Combo                    12   85,169   $305.76     ($1.40)
      Inside round - Boxed                    31   86,523   $308.10       $0.24
      Outside round
      Eye of round                            22   63,042   $277.32       $0.73
      Flats and eyes - Combo                  14  155,457   $270.00     ($2.74)
      Flats and eyes - Boxed                            
      Striploin                               73  257,720   $310.01       $0.01
      S.P.B. - Combo                           6   42,019   $256.56       $0.76
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31   87,134   $221.52       $0.91
167A  Round, knuckle, peeled                  46  278,314   $234.94     ($0.79)
190   Loin, tenderloin, 2-3 lbs.              17   22,547   $400.61       $5.77
190   Loin, tenderloin, 3-4 lbs.              46   78,689   $484.95       $8.65
190   Loin, tenderloin, 4-5 lbs.             135  152,457   $505.33       $0.93
190   Loin, tenderloin, 5-up lbs.             53  113,185   $504.28       $1.77
193   Flank, flank steak                      83   78,429   $317.38       $3.08
      Flank, rough                            59   84,605   $259.36       $2.84
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              6   46,530   $263.97       $0.31
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
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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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