Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 12/17/2018

Past Market Reports

Report Date: 12/17/2018

LM_XB405
Des Moines, IA                 Mon, Dec 17, 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:               $156.25
Change from prior day:                $0.61
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Item                                          Price          Value        Change
90% lean                                    $196.55        $109.75         $0.78
100% lean inside round                      $266.04          $6.17         
100% lean, flats and eyes                   $243.18          $5.64         $0.01
100% lean, S.P.B.                           $235.30         $11.77       ($0.03)
Chuck Tender                                $206.91          $2.07         $0.02
Knuckle                   4-7 lbs.          $220.76          $5.59         $0.03
Tenderloin                2-3 lbs.          $444.51          $2.36         $0.03
Tenderloin                3-4 lbs.          $457.91          $3.39       ($0.09)
Ribeye Roll               4-6 lbs.          $253.11          $2.66         
Ribeye Roll               6-8 lbs.          $288.49          $2.13       ($0.02)
Ribeye Roll               8up lbs.          $287.48          $2.10         $0.01
Flank Steak                                 $267.89          $1.13       ($0.02)
Kidney, Edible                               $18.08          $0.08       ($0.01)
Fat, inedible                                $16.25          $0.38         
Bone                                          $4.30          $1.03       ($0.10)
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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                 25.27  loads --            1,010,664  pounds
Cutter/Canner Cuts                  2.52  loads --              100,627  pounds
Boner/Breaker/Cutter/Canner        29.86  loads --            1,194,356  pounds
100% Lean Items                    23.39  loads --              935,602  pounds
Frozen Cuts                         6.46  loads --              258,222  pounds
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IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8    9,850   $287.68       $1.53
112   Rib, ribeye roll, 8-10 lbs.             47   35,336   $325.16       $2.94
112   Rib, ribeye roll, 10-up lbs.           120   90,876   $352.15     ($1.34)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      13   15,939   $391.21       $3.84
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   63,161   $417.33      $16.79
      Chuck, boneless 85%                               
120   Chuck, brisket                          24   61,814   $220.40     ($1.15)
168   Round, top inside, 10-dn lbs.            3    8,469   $205.97       
168   Round, top inside, 10-up lbs.           12   29,741   $224.70     ($0.03)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     16  145,383   $271.65     ($0.36)
169A  Round, top inside c-off, 14-up lbs.               
171B  Round, outside round                     7   26,363   $211.35     ($1.93)
171C  Round, eye of round                     56   58,583   $248.41       $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.              9    8,172   $187.14       $0.14
180   Loin, strip, bnls, 9-up lbs.            31  207,666   $212.64       $2.98
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  28  130,439   $209.35     ($1.24)
185A  Loin, bottom sirloin butt flap, bnls.   42  108,884   $309.73    ($33.56)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               5   10,651   $240.68       $0.43
112   Rib, ribeye roll, 6-8 lbs.              35   64,223   $288.49     ($2.67)
112   Rib, ribeye roll, 8-up lbs.              5   25,753   $287.48       $0.53
100% LEAN
      Inside round - Combo                    14  217,200   $264.66       $0.14
      Inside round - Boxed                    29  101,495   $268.99     ($0.13)
      Outside round                                     
      Eye of round                            19   32,142   $265.20       $7.47
      Flats and eyes - Combo                  18  155,998   $238.65     ($1.02)
      Flats and eyes - Boxed                            
      Striploin                               75  306,759   $294.28       $0.60
      S.P.B. - Combo                           8  122,008   $235.30     ($0.44)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     39  109,685   $206.91       $1.65
167A  Round, knuckle, peeled                  47  417,171   $220.76       $0.93
190   Loin, tenderloin, 2-3 lbs.              14   61,031   $444.51       $5.75
190   Loin, tenderloin, 3-4 lbs.              50   88,349   $457.91    ($12.00)
190   Loin, tenderloin, 4-5 lbs.             152  279,806   $539.38       $4.64
190   Loin, tenderloin, 5-up lbs.             90   42,307   $566.89       $5.12
193   Flank, flank steak                      82   82,978   $279.63     ($3.67)
      Flank, rough                            55  113,029   $245.42       $2.67
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              6  165,000   $290.00       $0.02
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    5,360   $292.25       
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   53,123   $255.60       
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                      10   28,052   $233.18     ($0.65)
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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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