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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/15/2018

LM_XB405
Des Moines, IA                 Tue, May 15, 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:               $175.19
Change from prior day:                $0.18
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $219.98        $122.84       ($0.15)
100% lean inside round                      $307.37          $7.13       ($0.01)
100% lean, flats and eyes                   $276.54          $6.42       ($0.01)
100% lean, S.P.B.                           $279.48         $13.97         $0.10
Chuck Tender                                $235.05          $2.35         $0.01
Knuckle                   4-7 lbs.          $244.50          $6.19         $0.06
Tenderloin                2-3 lbs.          $421.69          $2.24         $0.04
Tenderloin                3-4 lbs.          $460.41          $3.41         $0.03
Ribeye Roll               4-6 lbs.          $281.73          $2.96       ($0.03)
Ribeye Roll               6-8 lbs.          $298.03          $2.21         $0.03
Ribeye Roll               8up lbs.          $346.73          $2.53         $0.15
Flank Steak                                 $314.78          $1.32       ($0.04)
Kidney, Edible                               $19.10          $0.09         
Fat, inedible                                $14.57          $0.34         
Bone                                          $4.96          $1.19         
--------------------------------------------------------------------------------
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                 20.98  loads --              839,301  pounds
Cutter/Canner Cuts                  2.88  loads --              115,011  pounds
Boner/Breaker/Cutter/Canner        16.78  loads --              671,210  pounds
100% Lean Items                    17.77  loads --              710,771  pounds
Frozen Cuts                         3.25  loads --              130,032  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               5    5,240   $276.17       $0.25
112   Rib, ribeye roll, 8-10 lbs.             53   72,234   $327.80     ($1.63)
112   Rib, ribeye roll, 10-up lbs.           201   92,005   $370.78       $7.09
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      19   19,348   $459.01     ($0.18)
112A  Rib, ribeye roll-lip-on, 8-up lbs.                
      Chuck, boneless 85%
120   Chuck, brisket                          23   61,050   $224.02       $4.00
168   Round, top inside, 10-dn lbs.            4   20,586   $236.05     ($0.50)
168   Round, top inside, 10-up lbs.            7   20,486   $255.52       $1.90
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     24  295,859   $293.21     ($0.13)
169A  Round, top inside c-off, 14-up lbs.      5   28,156   $296.82     ($0.59)
171B  Round, outside round                     6   12,605   $280.87     ($0.03)
171C  Round, eye of round                     37   47,299   $264.04     ($2.70)
      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   22,392   $271.27       $3.19
182   Loin, sirloin butt
184   Loin, top sirloin butt                  16   23,117   $273.45    ($11.31)
185A  Loin, bottom sirloin butt flap, bnls.   52  104,445   $346.81      $23.07
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              44  100,140   $298.03       $3.70
112   Rib, ribeye roll, 8-up lbs.              4   14,871   $346.73      $21.33
100% LEAN
      Inside round - Combo                    10  105,901   $305.34     ($1.49)
      Inside round - Boxed                    31   40,744   $312.62       $3.85
      Outside round
      Eye of round                            14   50,212   $274.49     ($0.77)
      Flats and eyes - Combo                  19  168,940   $277.10     ($0.67)
      Flats and eyes - Boxed                            
      Striploin                               72  287,527   $314.03       $1.59
      S.P.B. - Combo                           6   28,539   $279.48       $2.01
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     27   61,754   $235.05       $1.49
167A  Round, knuckle, peeled                  36  163,233   $244.50       $2.33
190   Loin, tenderloin, 2-3 lbs.              13   15,298   $421.69       $6.23
190   Loin, tenderloin, 3-4 lbs.              28   90,393   $472.48       $4.23
190   Loin, tenderloin, 4-5 lbs.             120  146,387   $565.05      $10.29
190   Loin, tenderloin, 5-up lbs.             56   17,215   $509.94       $9.10
193   Flank, flank steak                      77   80,700   $325.41     ($0.65)
      Flank, rough                            59   96,230   $257.05     ($0.10)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   23,227   $271.54     ($2.26)
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.             5    3,075   $243.00    ($40.26)
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.               3   41,866   $434.37       
190   Loin, tenderloin, 4-5 lbs.               6   39,478   $466.61       $1.09
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       5   16,074   $261.40    ($30.46)
--------------------------------------------------------------------------------
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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