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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 8/28/2018

LM_XB405
Des Moines, IA                 Tue, Aug 28, 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:               $167.29
Change from prior day:              ($1.03)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $208.93        $116.67       ($1.05)
100% lean inside round                      $285.58          $6.63       ($0.04)
100% lean, flats and eyes                   $274.34          $6.36       ($0.02)
100% lean, S.P.B.                           $274.56         $13.73         $0.04
Chuck Tender                                $218.04          $2.18         $0.01
Knuckle                   4-7 lbs.          $226.77          $5.74         $0.02
Tenderloin                2-3 lbs.          $359.68          $1.91       ($0.02)
Tenderloin                3-4 lbs.          $465.38          $3.44       ($0.02)
Ribeye Roll               4-6 lbs.          $274.35          $2.88       ($0.03)
Ribeye Roll               6-8 lbs.          $292.78          $2.17         $0.02
Ribeye Roll               8up lbs.          $367.04          $2.68         $0.04
Flank Steak                                 $311.39          $1.31         $0.02
Kidney, Edible                               $18.33          $0.08         
Fat, inedible                                $17.25          $0.40         
Bone                                          $4.64          $1.11         
--------------------------------------------------------------------------------
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                 20.33  loads --              813,088  pounds
Cutter/Canner Cuts                  2.39  loads --               95,433  pounds
Boner/Breaker/Cutter/Canner        22.28  loads --              891,059  pounds
100% Lean Items                    12.69  loads --              507,662  pounds
Frozen Cuts                         1.71  loads --               68,215  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   11,900   $286.59       $0.19
112   Rib, ribeye roll, 8-10 lbs.             36   42,666   $340.58     ($7.04)
112   Rib, ribeye roll, 10-up lbs.           162   93,352   $383.29     ($1.64)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      17   53,938   $385.79     ($1.30)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       6    9,105   $364.60     ($4.60)
      Chuck, boneless 85%
120   Chuck, brisket                          25   55,131   $215.28       $0.09
168   Round, top inside, 10-dn lbs.            3   10,177   $210.71
168   Round, top inside, 10-up lbs.           17   52,061   $215.11     ($1.84)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     22  126,742   $297.40     ($0.73)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     4    7,061   $281.48       $0.39
171C  Round, eye of round                     31   49,236   $256.54     ($0.97)
      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   50,969   $253.05       $2.52
182   Loin, sirloin butt
184   Loin, top sirloin butt                  22   35,723   $253.02       $3.21
185A  Loin, bottom sirloin butt flap, bnls.   37  163,774   $287.80     ($1.08)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              35   70,242   $292.78       $1.88
112   Rib, ribeye roll, 8-up lbs.              4   14,700   $367.04       $5.96
100% LEAN
      Inside round - Combo                     6   52,561   $281.78     ($0.36)
      Inside round - Boxed                    20   15,817   $298.18       $2.07
      Outside round                                     
      Eye of round                            21   61,147   $278.68     ($0.67)
      Flats and eyes - Combo                  11  139,427   $272.44     ($0.75)
      Flats and eyes - Boxed                            
      Striploin                               80  206,818   $319.87     ($1.83)
      S.P.B. - Combo                           8   31,892   $274.56       $0.67
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30   78,266   $218.04       $0.59
167A  Round, knuckle, peeled                  47  308,748   $226.77       $0.59
190   Loin, tenderloin, 2-3 lbs.               4    6,602   $359.68     ($4.89)
190   Loin, tenderloin, 3-4 lbs.              51   77,261   $465.38     ($1.92)
190   Loin, tenderloin, 4-5 lbs.             114  179,671   $533.92     ($4.52)
190   Loin, tenderloin, 5-up lbs.             55   43,761   $551.37     ($0.38)
193   Flank, flank steak                      90   87,644   $327.59     ($0.84)
      Flank, rough                            62  109,106   $248.50       $5.28
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   11,610   $291.63       $1.19
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.             6    9,600   $320.88     ($0.25)
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.               3   11,150   $507.17
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       9   19,535   $238.72       $1.35
--------------------------------------------------------------------------------
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.usd

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