Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 7/16/2018

Past Market Reports

Report Date: 7/16/2018

LM_XB405
Des Moines, IA                 Mon, Jul 16, 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:               $176.80
Change from prior day:              ($0.01)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $221.81        $123.86       ($0.09)
100% lean inside round                      $307.25          $7.13         $0.01
100% lean, flats and eyes                   $284.24          $6.59         $0.03
100% lean, S.P.B.                           $287.81         $14.39         $0.01
Chuck Tender                                $229.64          $2.30         $0.01
Knuckle                   4-7 lbs.          $232.67          $5.89       ($0.01)
Tenderloin                2-3 lbs.          $407.46          $2.16         $0.01
Tenderloin                3-4 lbs.          $480.54          $3.56       ($0.02)
Ribeye Roll               4-6 lbs.          $279.11          $2.93         
Ribeye Roll               6-8 lbs.          $303.13          $2.24         $0.01
Ribeye Roll               8up lbs.          $364.69          $2.66       ($0.05)
Flank Steak                                 $313.97          $1.32         $0.04
Kidney, Edible                               $19.00          $0.09         $0.01
Fat, inedible                                $17.59          $0.41         $0.02
Bone                                          $5.28          $1.27         $0.01
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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                 14.93  loads --              597,106  pounds
Cutter/Canner Cuts                  3.77  loads --              150,897  pounds
Boner/Breaker/Cutter/Canner        21.40  loads --              855,809  pounds
100% Lean Items                    13.55  loads --              541,975  pounds
Frozen Cuts                         1.64  loads --               65,502  pounds
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IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
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BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    6,830   $284.62
112   Rib, ribeye roll, 8-10 lbs.             31   49,019   $337.10     ($4.07)
112   Rib, ribeye roll, 10-up lbs.           120   61,036   $394.52       $4.33
112A  Rib, ribeye roll-lip-on, 8-dn lbs.       9   12,641   $411.50       $0.53
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                               
120   Chuck, brisket                          15   31,738   $209.85     ($7.30)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           18   49,539   $233.88     ($0.20)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     25  169,625   $292.55       $4.61
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     6    9,955   $280.83       
171C  Round, eye of round                     30   47,785   $267.30       $0.46
      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.            19   48,122   $312.35      $21.91
182   Loin, sirloin butt
184   Loin, top sirloin butt                  20   35,781   $271.39     ($6.18)
185A  Loin, bottom sirloin butt flap, bnls.   30   65,347   $339.18       $2.14
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               5   21,436   $273.75       
112   Rib, ribeye roll, 6-8 lbs.              38   82,634   $303.13       $2.17
112   Rib, ribeye roll, 8-up lbs.             17   46,827   $364.69     ($6.42)
100% LEAN
      Inside round - Combo                    11   73,004   $307.10       
      Inside round - Boxed                    22   60,096   $307.44       $0.53
      Outside round
      Eye of round                            21   38,580   $281.89       $2.01
      Flats and eyes - Combo                  11  105,204   $284.14       $0.15
      Flats and eyes - Boxed                            
      Striploin                               92  231,901   $326.82     ($0.95)
      S.P.B. - Combo
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32  100,203   $229.64       $0.69
167A  Round, knuckle, peeled                  34  207,981   $232.67     ($0.63)
190   Loin, tenderloin, 2-3 lbs.               6   13,332   $407.46       $1.33
190   Loin, tenderloin, 3-4 lbs.              49   91,704   $480.54     ($3.07)
190   Loin, tenderloin, 4-5 lbs.             116  184,962   $541.46       $5.36
190   Loin, tenderloin, 5-up lbs.             52   51,302   $559.94      $11.85
193   Flank, flank steak                      77   78,701   $318.86      $12.07
      Flank, rough                            58  127,624   $232.91     ($1.14)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
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.             3    4,319   $312.09
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                       5   11,065   $279.15     ($1.57)
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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
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