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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/18/2018

LM_XB405
Des Moines, IA                 Fri, May 18, 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:               $174.98
Change from prior day:              ($0.31)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $219.71        $122.69       ($0.28)
100% lean inside round                      $308.15          $7.15         
100% lean, flats and eyes                   $278.16          $6.45         
100% lean, S.P.B.                           $279.50         $13.98       ($0.01)
Chuck Tender                                $240.78          $2.41         $0.03
Knuckle                   4-7 lbs.          $244.78          $6.19       ($0.01)
Tenderloin                2-3 lbs.          $410.26          $2.17       ($0.02)
Tenderloin                3-4 lbs.          $459.83          $3.40       ($0.01)
Ribeye Roll               4-6 lbs.          $271.84          $2.85         
Ribeye Roll               6-8 lbs.          $300.13          $2.22         
Ribeye Roll               8up lbs.          $354.16          $2.59         $0.01
Flank Steak                                 $300.45          $1.26       ($0.02)
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                 17.18  loads --              687,082  pounds
Cutter/Canner Cuts                  3.15  loads --              125,975  pounds
Boner/Breaker/Cutter/Canner        18.01  loads --              720,492  pounds
100% Lean Items                    18.87  loads --              754,613  pounds
Frozen Cuts                         2.80  loads --              111,948  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.             47   49,084   $325.75       $0.75
112   Rib, ribeye roll, 10-up lbs.           141   75,762   $380.41       $8.14
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   20,368   $462.26     ($0.72)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       9   10,542   $315.43     ($1.95)
      Chuck, boneless 85%                               
120   Chuck, brisket                          19   41,008   $228.23     ($0.61)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.            8   22,960   $252.04     ($3.41)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     22  207,967   $295.63       $1.90
169A  Round, top inside c-off, 14-up lbs.      4   22,437   $296.77       
171B  Round, outside round                     6   13,879   $280.39       $0.90
171C  Round, eye of round                     35   43,591   $265.66       $2.64
      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.            21   38,230   $273.05       $2.38
182   Loin, sirloin butt
184   Loin, top sirloin butt                  20   30,492   $271.34     ($1.21)
185A  Loin, bottom sirloin butt flap, bnls.   39   82,014   $349.27     ($6.83)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              40   94,819   $300.13       $0.58
112   Rib, ribeye roll, 8-up lbs.             10   31,156   $354.16       $0.76
100% LEAN
      Inside round - Combo                    11  130,439   $306.22     ($0.17)
      Inside round - Boxed                    35   90,027   $310.95     ($0.21)
      Outside round
      Eye of round                            19   35,801   $277.72     ($0.24)
      Flats and eyes - Combo                  17  163,979   $278.49       $0.09
      Flats and eyes - Boxed                            
      Striploin                               79  272,872   $319.21       $0.65
      S.P.B. - Combo                           8   32,587   $279.50     ($0.04)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33   93,400   $240.78       $2.57
167A  Round, knuckle, peeled                  32  134,309   $244.78     ($0.10)
190   Loin, tenderloin, 2-3 lbs.               9   13,909   $410.26     ($2.33)
190   Loin, tenderloin, 3-4 lbs.              40   87,337   $459.83    ($12.24)
190   Loin, tenderloin, 4-5 lbs.             118  144,645   $562.26     ($5.85)
190   Loin, tenderloin, 5-up lbs.             59   49,178   $549.22      $17.86
193   Flank, flank steak                      83   74,905   $308.24     ($6.66)
      Flank, rough                            62  122,809   $255.57       $0.07
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              7   11,275   $277.88       $2.03
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   18,294   $281.81     ($5.91)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               5   35,289   $271.84       
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   21,489   $468.09       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       6   17,298   $266.72       $1.62
--------------------------------------------------------------------------------
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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