Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 6/15/2018

Past Market Reports

Report Date: 6/15/2018

LM_XB405
Des Moines, IA                 Fri, Jun 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:               $176.21
Change from prior day:                $0.31
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $222.01        $123.97         $0.55
100% lean inside round                      $308.43          $7.16         
100% lean, flats and eyes                   $281.55          $6.53         
100% lean, S.P.B.                           $281.56         $14.08         
Chuck Tender                                $225.85          $2.26       ($0.03)
Knuckle                   4-7 lbs.          $233.12          $5.90         
Tenderloin                2-3 lbs.          $415.90          $2.20       ($0.08)
Tenderloin                3-4 lbs.          $468.42          $3.47       ($0.03)
Ribeye Roll               4-6 lbs.          $279.32          $2.93       ($0.03)
Ribeye Roll               6-8 lbs.          $302.15          $2.24         $0.01
Ribeye Roll               8up lbs.          $343.10          $2.50       ($0.14)
Flank Steak                                 $296.46          $1.25         $0.06
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                 21.06  loads --              842,240  pounds
Cutter/Canner Cuts                  3.86  loads --              154,256  pounds
Boner/Breaker/Cutter/Canner        25.37  loads --            1,014,960  pounds
100% Lean Items                    18.84  loads --              753,721  pounds
Frozen Cuts                         4.44  loads --              177,447  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.             55   94,033   $320.60     ($0.51)
112   Rib, ribeye roll, 10-up lbs.           152   92,106   $384.26       $2.18
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      17   10,199   $458.06       $2.23
112A  Rib, ribeye roll-lip-on, 8-up lbs.       3    2,575   $289.69
      Chuck, boneless 85%                               
120   Chuck, brisket                          20   47,954   $229.29       $6.04
168   Round, top inside, 10-dn lbs.            4    5,304   $206.88       
168   Round, top inside, 10-up lbs.           12   31,923   $241.08       $0.97
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     29  262,094   $290.86     ($1.88)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     6    9,829   $280.14     ($0.69)
171C  Round, eye of round                     53   63,087   $261.52       $0.87
      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.            20   27,865   $282.16     ($2.72)
182   Loin, sirloin butt
184   Loin, top sirloin butt                  26   61,295   $255.39     ($4.51)
185A  Loin, bottom sirloin butt flap, bnls.   37  113,918   $308.44    ($43.38)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              47   74,022   $302.15       $0.22
112   Rib, ribeye roll, 8-up lbs.             18   68,003   $343.10    ($18.56)
100% LEAN
      Inside round - Combo                    10   61,912   $308.63     ($0.04)
      Inside round - Boxed                    20   95,495   $308.29     ($0.09)
      Outside round                            3   36,111   $278.24       
      Eye of round                            16   36,719   $282.13     ($0.55)
      Flats and eyes - Combo                  19  211,868   $282.02       
      Flats and eyes - Boxed                            
      Striploin                               68  291,151   $323.40       $1.02
      S.P.B. - Combo                           3   20,465   $281.56       
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31  108,168   $225.85     ($3.38)
167A  Round, knuckle, peeled                  35  271,634   $233.12     ($0.12)
190   Loin, tenderloin, 2-3 lbs.              10   21,753   $415.90    ($13.64)
190   Loin, tenderloin, 3-4 lbs.              46   97,420   $468.42     ($4.16)
190   Loin, tenderloin, 4-5 lbs.             137  214,554   $554.99    ($10.95)
190   Loin, tenderloin, 5-up lbs.             56   79,336   $576.23     ($7.90)
193   Flank, flank steak                      78   80,103   $296.79      $16.59
      Flank, rough                            70  141,992   $240.11     ($1.38)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              9  121,155   $287.31     ($0.03)
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.
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    5,894   $498.00     ($3.98)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       4   15,813   $294.75     ($1.87)
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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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