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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 7/19/2018

LM_XB405
Des Moines, IA                 Thu, Jul 19, 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:               $174.97
Change from prior day:                $1.40
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $219.09        $122.34         $1.44
100% lean inside round                      $309.74          $7.19         
100% lean, flats and eyes                   $282.52          $6.55         
100% lean, S.P.B.                           $278.04         $13.90       ($0.02)
Chuck Tender                                $231.63          $2.32         $0.01
Knuckle                   4-7 lbs.          $235.46          $5.96       ($0.03)
Tenderloin                2-3 lbs.          $415.31          $2.20         $0.04
Tenderloin                3-4 lbs.          $477.57          $3.53         $0.01
Ribeye Roll               4-6 lbs.          $285.45          $3.00         
Ribeye Roll               6-8 lbs.          $300.94          $2.23         
Ribeye Roll               8up lbs.          $368.07          $2.69       ($0.03)
Flank Steak                                 $307.93          $1.29       ($0.02)
Kidney, Edible                               $19.00          $0.09         
Fat, inedible                                $17.59          $0.41         
Bone                                          $5.28          $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                 18.36  loads --              734,227  pounds
Cutter/Canner Cuts                  3.34  loads --              133,476  pounds
Boner/Breaker/Cutter/Canner        19.58  loads --              783,256  pounds
100% Lean Items                    17.86  loads --              714,228  pounds
Frozen Cuts                         1.33  loads --               53,116  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    7,460   $289.74       $3.13
112   Rib, ribeye roll, 8-10 lbs.             31   64,726   $338.48       $2.35
112   Rib, ribeye roll, 10-up lbs.           144   58,869   $382.32     ($0.70)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      13   12,389   $411.45       $3.64
112A  Rib, ribeye roll-lip-on, 8-up lbs.       3    3,528   $414.89      $24.08
      Chuck, boneless 85%                               
120   Chuck, brisket                          16   47,613   $207.44     ($5.29)
168   Round, top inside, 10-dn lbs.            4   14,979   $205.54       $0.23
168   Round, top inside, 10-up lbs.           16   37,651   $234.38       $4.86
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     22  187,533   $293.53     ($0.29)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     7    9,463   $280.41     ($0.38)
171C  Round, eye of round                     50   50,862   $248.52     ($4.29)
      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.            22   63,789   $293.49       $0.36
182   Loin, sirloin butt
184   Loin, top sirloin butt                  17   32,140   $271.28     ($1.12)
185A  Loin, bottom sirloin butt flap, bnls.   41  131,903   $300.43     ($1.12)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              34   92,610   $300.94     ($0.23)
112   Rib, ribeye roll, 8-up lbs.             11   33,506   $368.07     ($5.02)
100% LEAN
      Inside round - Combo                    11   64,545   $308.45     ($0.21)
      Inside round - Boxed                    23   34,131   $312.17     ($0.30)
      Outside round
      Eye of round                            22   46,840   $283.35     ($0.01)
      Flats and eyes - Combo                  15  140,341   $281.18       $0.36
      Flats and eyes - Boxed                            
      Striploin                               81  358,844   $319.95     ($0.02)
      S.P.B. - Combo                           8   42,469   $278.04     ($0.44)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     25   77,597   $231.63       $0.60
167A  Round, knuckle, peeled                  32  157,034   $235.46     ($1.31)
190   Loin, tenderloin, 2-3 lbs.               8   14,018   $415.31       $7.32
190   Loin, tenderloin, 3-4 lbs.              45   76,990   $477.58       $2.40
190   Loin, tenderloin, 4-5 lbs.             111  201,474   $533.36     ($1.05)
190   Loin, tenderloin, 5-up lbs.             67   28,148   $551.51     ($3.83)
193   Flank, flank steak                      77   85,771   $317.05     ($2.64)
      Flank, rough                            64  142,224   $230.42     ($1.05)
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.             7   22,919   $301.95     ($2.23)
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                       4   18,035   $264.57    ($12.14)
--------------------------------------------------------------------------------
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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