Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 6/5/2018

Past Market Reports

Report Date: 6/5/2018

LM_XB405
Des Moines, IA                 Tue, Jun 05, 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:               $176.04
Change from prior day:              ($0.47)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $222.24        $124.10         
100% lean inside round                      $307.18          $7.13         $0.03
100% lean, flats and eyes                   $274.24          $6.36       ($0.03)
100% lean, S.P.B.                           $271.25         $13.56       ($0.41)
Chuck Tender                                $227.44          $2.27       ($0.02)
Knuckle                   4-7 lbs.          $238.04          $6.02       ($0.09)
Tenderloin                2-3 lbs.          $417.78          $2.21         $0.01
Tenderloin                3-4 lbs.          $476.88          $3.53       ($0.03)
Ribeye Roll               4-6 lbs.          $284.59          $2.99         
Ribeye Roll               6-8 lbs.          $306.79          $2.27         
Ribeye Roll               8up lbs.          $355.88          $2.60         $0.09
Flank Steak                                 $303.91          $1.28       ($0.02)
Kidney, Edible                               $18.33          $0.08         
Fat, inedible                                $14.57          $0.34         
Bone                                          $5.40          $1.30         
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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                 21.64  loads --              865,703  pounds
Cutter/Canner Cuts                  3.27  loads --              130,666  pounds
Boner/Breaker/Cutter/Canner        22.47  loads --              898,914  pounds
100% Lean Items                    14.93  loads --              597,298  pounds
Frozen Cuts                         2.43  loads --               97,168  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7    9,190   $281.27       $0.68
112   Rib, ribeye roll, 8-10 lbs.             38   49,150   $341.02     ($0.26)
112   Rib, ribeye roll, 10-up lbs.           132   83,591   $405.07       $0.64
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      21   25,353   $451.31       $0.43
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                               
120   Chuck, brisket                          25   29,232   $232.42       $1.48
168   Round, top inside, 10-dn lbs.            4    2,508   $223.22
168   Round, top inside, 10-up lbs.           24   47,722   $237.84     ($1.67)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     32  319,595   $294.82       $0.61
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     6    9,576   $280.43       
171C  Round, eye of round                     38   63,335   $271.77       $1.74
      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.            16   24,616   $285.09     ($7.55)
182   Loin, sirloin butt
184   Loin, top sirloin butt                  15   28,933   $259.90       $0.13
185A  Loin, bottom sirloin butt flap, bnls.   40  155,509   $298.74     ($9.77)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              38   66,634   $306.79       $0.25
112   Rib, ribeye roll, 8-up lbs.             19   57,947   $355.88      $12.51
100% LEAN
      Inside round - Combo                     7   54,827   $309.10       $1.28
      Inside round - Boxed                    33   95,497   $306.08       $1.30
      Outside round
      Eye of round                            21   34,787   $272.55     ($0.87)
      Flats and eyes - Combo                  12  120,733   $275.43     ($0.80)
      Flats and eyes - Boxed                            
      Striploin                               71  180,352   $321.43       $1.53
      S.P.B. - Combo                           9   55,977   $279.28     ($0.03)
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     41   80,165   $227.44     ($1.43)
167A  Round, knuckle, peeled                  40  228,851   $238.04     ($3.34)
190   Loin, tenderloin, 2-3 lbs.              15   30,265   $417.78       $3.45
190   Loin, tenderloin, 3-4 lbs.              50   81,903   $476.88     ($4.82)
190   Loin, tenderloin, 4-5 lbs.             142  166,128   $559.36       $6.65
190   Loin, tenderloin, 5-up lbs.             62   59,753   $582.50       $0.07
193   Flank, flank steak                      87  105,228   $304.06     ($6.74)
      Flank, rough                            72  146,621   $250.72     ($2.93)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   27,370   $285.85     ($0.39)
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.             7   25,200   $312.33       
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               7   29,938   $286.99     ($0.53)
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                       7    8,220   $301.91       $5.66
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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-new