Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 6/12/2018

Past Market Reports

Report Date: 6/12/2018

LM_XB405
Des Moines, IA                 Tue, Jun 12, 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:               $177.25
Change from prior day:                $0.80
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $223.01        $124.53         
100% lean inside round                      $310.04          $7.19       ($0.02)
100% lean, flats and eyes                   $281.28          $6.53         
100% lean, S.P.B.                           $281.62         $14.08         $0.81
Chuck Tender                                $226.21          $2.26         
Knuckle                   4-7 lbs.          $231.32          $5.85       ($0.03)
Tenderloin                2-3 lbs.          $433.71          $2.30         $0.05
Tenderloin                3-4 lbs.          $496.28          $3.67         $0.02
Ribeye Roll               4-6 lbs.          $282.47          $2.97         $0.01
Ribeye Roll               6-8 lbs.          $301.09          $2.23         $0.02
Ribeye Roll               8up lbs.          $373.39          $2.73       ($0.05)
Flank Steak                                 $283.07          $1.19       ($0.01)
Kidney, Edible                               $19.00          $0.09         
Fat, inedible                                $15.58          $0.36         
Bone                                          $5.29          $1.27         
--------------------------------------------------------------------------------
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                 20.34  loads --              813,704  pounds
Cutter/Canner Cuts                  2.57  loads --              102,722  pounds
Boner/Breaker/Cutter/Canner        26.11  loads --            1,044,341  pounds
100% Lean Items                    21.09  loads --              843,417  pounds
Frozen Cuts                         3.16  loads --              126,393  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    5,960   $282.53     ($0.37)
112   Rib, ribeye roll, 8-10 lbs.             46   90,594   $326.63     ($1.49)
112   Rib, ribeye roll, 10-up lbs.           161   98,679   $382.73    ($11.37)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   27,739   $449.50       $0.80
112A  Rib, ribeye roll-lip-on, 8-up lbs.       6   13,619   $364.60       
      Chuck, boneless 85%                               
120   Chuck, brisket                          17   25,653   $228.60       $2.51
168   Round, top inside, 10-dn lbs.            5   11,014   $208.14     ($1.45)
168   Round, top inside, 10-up lbs.           12   35,152   $235.45       $1.17
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     31  295,077   $291.93     ($0.01)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     6    9,704   $280.41       $0.09
171C  Round, eye of round                     38   52,839   $266.61     ($3.33)
      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   23,587   $284.91       $2.06
182   Loin, sirloin butt
184   Loin, top sirloin butt                  23   31,545   $257.49       $3.31
185A  Loin, bottom sirloin butt flap, bnls.   35   78,964   $341.64     ($0.72)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              40   56,351   $301.09       $2.16
112   Rib, ribeye roll, 8-up lbs.             18   34,140   $373.39     ($7.98)
100% LEAN
      Inside round - Combo                    11  110,143   $310.72       $0.05
      Inside round - Boxed                    29   75,642   $309.05     ($1.94)
      Outside round
      Eye of round                            17   25,624   $280.97       $1.57
      Flats and eyes - Combo                  18  193,519   $281.47     ($0.27)
      Flats and eyes - Boxed                            
      Striploin                               70  404,397   $322.81     ($0.72)
      S.P.B. - Combo
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     38  111,444   $226.21       $0.31
167A  Round, knuckle, peeled                  44  348,909   $231.32     ($1.29)
190   Loin, tenderloin, 2-3 lbs.               8   13,828   $433.71       $8.97
190   Loin, tenderloin, 3-4 lbs.              44   94,288   $496.28       $2.81
190   Loin, tenderloin, 4-5 lbs.             129  197,502   $566.41       $3.74
190   Loin, tenderloin, 5-up lbs.             49   60,977   $588.41       $6.66
193   Flank, flank steak                      78  105,712   $284.23     ($1.42)
      Flank, rough                            64  111,681   $243.33     ($5.58)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              8   35,925   $288.24       $0.93
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.             6   17,200   $315.00       
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.               4   43,363   $467.79       $2.72
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       8   15,715   $275.25     ($2.63)
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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.g