Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 8/1/2018

Past Market Reports

Report Date: 8/1/2018

LM_XB405
Des Moines, IA                 Wed, Aug 01, 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:               $170.68
Change from prior day:              ($3.70)
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Item                                          Price          Value        Change
90% lean                                    $214.56        $119.81       ($3.13)
100% lean inside round                      $297.80          $6.91       ($0.06)
100% lean, flats and eyes                   $277.05          $6.43         $0.01
100% lean, S.P.B.                           $271.65         $13.58         
Chuck Tender                                $223.47          $2.23       ($0.02)
Knuckle                   4-7 lbs.          $232.08          $5.87         
Tenderloin                2-3 lbs.          $368.58          $1.95       ($0.07)
Tenderloin                3-4 lbs.          $448.49          $3.32       ($0.31)
Ribeye Roll               4-6 lbs.          $289.28          $3.04       ($0.01)
Ribeye Roll               6-8 lbs.          $295.37          $2.19       ($0.02)
Ribeye Roll               8up lbs.          $330.61          $2.41       ($0.09)
Flank Steak                                 $307.93          $1.29         
Kidney, Edible                               $19.61          $0.09         
Fat, inedible                                $17.59          $0.41         
Bone                                          $4.80          $1.15         
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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                 19.53  loads --              781,373  pounds
Cutter/Canner Cuts                  4.13  loads --              165,241  pounds
Boner/Breaker/Cutter/Canner        20.89  loads --              835,760  pounds
100% Lean Items                    19.16  loads --              766,416  pounds
Frozen Cuts                         4.34  loads --              173,411  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.               6    6,340   $294.99       $5.16
112   Rib, ribeye roll, 8-10 lbs.             31   45,098   $339.05       $0.73
112   Rib, ribeye roll, 10-up lbs.           138   78,145   $369.65     ($2.51)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      12   23,279   $387.44       $4.73
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                               
120   Chuck, brisket                          13   23,394   $213.59       $2.16
168   Round, top inside, 10-dn lbs.            4    8,600   $212.14
168   Round, top inside, 10-up lbs.           15   46,834   $227.68       $0.72
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     25  278,134   $281.80       $1.30
169A  Round, top inside c-off, 14-up lbs.      3   21,489   $268.87       
171B  Round, outside round                     3    5,500   $281.45       $0.44
171C  Round, eye of round                     29   52,858   $269.61       $1.67
      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   37,086   $286.86       $4.51
182   Loin, sirloin butt
184   Loin, top sirloin butt                  25   21,085   $275.59     ($0.49)
185A  Loin, bottom sirloin butt flap, bnls.   31  121,532   $272.34    ($11.05)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   10,032   $275.19       
112   Rib, ribeye roll, 6-8 lbs.              45   88,978   $295.37     ($2.72)
112   Rib, ribeye roll, 8-up lbs.             19   66,231   $330.61    ($12.47)
100% LEAN
      Inside round - Combo                    13   72,164   $299.68     ($1.33)
      Inside round - Boxed                    21   84,568   $296.19     ($3.80)
      Outside round                            3   33,770   $277.65       $0.21
      Eye of round                            22   97,586   $281.98       $0.02
      Flats and eyes - Combo                  19  231,613   $274.89       $0.59
      Flats and eyes - Boxed                            
      Striploin                               75  204,087   $325.13     ($3.62)
      S.P.B. - Combo                          10   42,628   $271.65     ($0.03)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32   71,297   $223.47     ($1.27)
167A  Round, knuckle, peeled                  34  180,804   $232.08     ($0.03)
190   Loin, tenderloin, 2-3 lbs.               4    5,572   $368.58    ($11.75)
190   Loin, tenderloin, 3-4 lbs.              46   71,207   $489.77     ($0.57)
190   Loin, tenderloin, 4-5 lbs.             134  238,900   $520.01     ($7.02)
190   Loin, tenderloin, 5-up lbs.             79   73,165   $548.80     ($0.50)
193   Flank, flank steak                      91   74,812   $311.41       $3.24
      Flank, rough                            69  120,003   $242.81       $0.41
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   12,420   $291.67       
112   Rib, ribeye roll, 8-10 lbs.              3    8,158   $302.90       
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   21,400   $304.50       $2.06
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4   42,360   $292.62
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                       8    4,715   $252.78     ($2.72)
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Source:    USDA Livestock, Poultry & Grain Market News Division, Des Moines, IA
           515-284-4460      email:  desm.lpgmn@a