Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 6/26/2018

Past Market Reports

Report Date: 6/26/2018

LM_XB405
Des Moines, IA                 Tue, Jun 26, 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:               $176.42
Change from prior day:                $0.14
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $221.97        $123.95        
100% lean inside round                      $313.64          $7.28       ($0.02)
100% lean, flats and eyes                   $281.49          $6.53         $0.04
100% lean, S.P.B.                           $286.00         $14.30         $0.44
Chuck Tender                                $227.54          $2.28       ($0.01)
Knuckle                   4-7 lbs.          $229.19          $5.80         $0.01
Tenderloin                2-3 lbs.          $401.12          $2.13       ($0.09)
Tenderloin                3-4 lbs.          $462.17          $3.42       ($0.22)
Ribeye Roll               4-6 lbs.          $283.76          $2.98         $0.07
Ribeye Roll               6-8 lbs.          $305.43          $2.26       ($0.01)
Ribeye Roll               8up lbs.          $341.58          $2.49       ($0.06)
Flank Steak                                 $305.81          $1.28       ($0.01)
Kidney, Edible                               $18.36          $0.08        
Fat, inedible                                $16.92          $0.39        
Bone                                          $5.20          $1.25        
--------------------------------------------------------------------------------
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                 19.80  loads --              792,126  pounds
Cutter/Canner Cuts                  2.89  loads --              115,587  pounds
Boner/Breaker/Cutter/Canner        23.14  loads --              925,550  pounds
100% Lean Items                    17.61  loads --              704,520  pounds
Frozen Cuts                         1.91  loads --               76,314  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.             39   56,105   $329.62       $3.29
112   Rib, ribeye roll, 10-up lbs.           130   60,794   $388.71       $2.52
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   30,253   $433.73    ($13.69)
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                      3   45,862   $195.99
120   Chuck, brisket                          35   68,669   $222.40     ($0.13)
168   Round, top inside, 10-dn lbs.            6   12,183   $204.45     ($1.54)
168   Round, top inside, 10-up lbs.           11   40,907   $233.05     ($1.96)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     21  253,950   $290.14     ($1.16)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     6   10,315   $280.13     ($0.75)
171C  Round, eye of round                     30   59,007   $269.18     ($5.34)
      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.            17   18,419   $299.57      $20.33
182   Loin, sirloin butt
184   Loin, top sirloin butt                  24   41,424   $267.79     ($0.86)
185A  Loin, bottom sirloin butt flap, bnls.   28   65,224   $342.25       $5.17
191A  Loin, butt tender, peeled                        
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              41   70,718   $305.43     ($1.34)
112   Rib, ribeye roll, 8-up lbs.             13   35,458   $341.58     ($8.07)
100% LEAN
      Inside round - Combo                     8   45,986   $316.25       $0.05
      Inside round - Boxed                    25   47,352   $311.11     ($1.46)
      Outside round                            4   47,966   $272.80       $0.40
      Eye of round                            24   36,224   $280.84       $0.51
      Flats and eyes - Combo                  19  208,516   $283.60       $2.23
      Flats and eyes - Boxed                           
      Striploin                               80  308,476   $324.74       $0.06
      S.P.B. - Combo
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     24   61,983   $227.54     ($1.62)
167A  Round, knuckle, peeled                  40  329,613   $229.19       $0.45
190   Loin, tenderloin, 2-3 lbs.               6    6,757   $401.12    ($18.12)
190   Loin, tenderloin, 3-4 lbs.              39   73,364   $471.72    ($29.37)
190   Loin, tenderloin, 4-5 lbs.             123  179,968   $540.29       $1.91
190   Loin, tenderloin, 5-up lbs.             58   62,192   $565.24     ($7.47)
193   Flank, flank steak                      73   59,265   $305.82     ($1.71)
      Flank, rough                            65  152,408   $228.91     ($7.49)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   15,120   $291.63     ($1.25)
112   Rib, ribeye roll, 8-10 lbs.
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.             9   29,000   $316.58     ($0.12)
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.                       
190   Loin, tenderloin, 5-up lbs.                      
193   Flank, flank steak                       7   11,336   $305.78     ($6.37)
--------------------------------------------------------------------------------
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
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