Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 8/2/2018

Past Market Reports

Report Date: 8/2/2018

LM_XB405
Des Moines, IA                 Thu, Aug 02, 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:               $173.45
Change from prior day:                $2.77
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $219.64        $122.65         $2.84
100% lean inside round                      $297.34          $6.90       ($0.01)
100% lean, flats and eyes                   $276.88          $6.42       ($0.01)
100% lean, S.P.B.                           $271.62         $13.58         
Chuck Tender                                $220.91          $2.21       ($0.02)
Knuckle                   4-7 lbs.          $232.09          $5.87         
Tenderloin                2-3 lbs.          $368.58          $1.95         
Tenderloin                3-4 lbs.          $451.94          $3.34         $0.02
Ribeye Roll               4-6 lbs.          $284.72          $2.99       ($0.05)
Ribeye Roll               6-8 lbs.          $295.38          $2.19         
Ribeye Roll               8up lbs.          $326.53          $2.38       ($0.03)
Flank Steak                                 $313.29          $1.32         $0.03
Kidney, Edible                               $19.61          $0.09         
Fat, inedible                                $17.59          $0.41         
Bone                                          $4.80          $1.15         
--------------------------------------------------------------------------------
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                 18.61  loads --              744,516  pounds
Cutter/Canner Cuts                  5.00  loads --              200,048  pounds
Boner/Breaker/Cutter/Canner        20.08  loads --              803,125  pounds
100% Lean Items                    19.81  loads --              792,277  pounds
Frozen Cuts                         3.82  loads --              152,938  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.             27   37,815   $337.61     ($1.44)
112   Rib, ribeye roll, 10-up lbs.           137   89,214   $369.84       $0.19
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      13   28,279   $379.45     ($7.99)
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%
120   Chuck, brisket                          14   23,582   $213.52     ($0.07)
168   Round, top inside, 10-dn lbs.            4    8,600   $212.14       
168   Round, top inside, 10-up lbs.           15   44,701   $225.62     ($2.06)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     28  302,632   $282.95       $1.15
169A  Round, top inside c-off, 14-up lbs.      3   21,489   $268.87       
171B  Round, outside round                     5    8,101   $280.74     ($0.71)
171C  Round, eye of round                     28   54,436   $259.76     ($9.85)
      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.            13   26,716   $287.55       $0.69
182   Loin, sirloin butt
184   Loin, top sirloin butt                  22   20,156   $275.76       $0.17
185A  Loin, bottom sirloin butt flap, bnls.   24   52,166   $294.10      $21.76
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.              42  125,823   $295.38       $0.01
112   Rib, ribeye roll, 8-up lbs.             21   64,193   $326.53     ($4.08)
100% LEAN
      Inside round - Combo                    10   69,522   $299.30     ($0.38)
      Inside round - Boxed                    20   81,928   $295.67     ($0.52)
      Outside round                            3   33,770   $277.65       
      Eye of round                            24   92,921   $281.81     ($0.17)
      Flats and eyes - Combo                  21  233,530   $274.81     ($0.08)
      Flats and eyes - Boxed                            
      Striploin                               75  237,992   $328.27       $3.14
      S.P.B. - Combo                           9   42,614   $271.62     ($0.03)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33   70,183   $220.91     ($2.56)
167A  Round, knuckle, peeled                  30  175,713   $232.09       $0.01
190   Loin, tenderloin, 2-3 lbs.               4    5,572   $368.58       
190   Loin, tenderloin, 3-4 lbs.              53   82,531   $489.24     ($0.53)
190   Loin, tenderloin, 4-5 lbs.             119  210,926   $521.25       $1.24
190   Loin, tenderloin, 5-up lbs.             85   67,505   $552.17       $3.37
193   Flank, flank steak                      81   68,057   $315.92       $4.51
      Flank, rough                            66  122,638   $237.26     ($5.55)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   11,340   $291.17     ($0.50)
112   Rib, ribeye roll, 8-10 lbs.              4   12,988   $301.08     ($1.82)
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   20,000   $307.76       $3.26
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   25,740   $288.43     ($4.19)
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                       3    2,870   $250.86     ($1.92)
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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-