Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 2/12/2019

Past Market Reports

Report Date: 2/12/2019

LM_XB405
Des Moines, IA                 Tue, Feb 12, 2019                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:               $164.69
Change from prior day:                $0.92
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $212.39        $118.60         $1.00
100% lean inside round                      $262.21          $6.08       ($0.06)
100% lean, flats and eyes                   $235.67          $5.47       ($0.02)
100% lean, S.P.B.                           $226.07         $11.30       ($0.03)
Chuck Tender                                $222.64          $2.23         
Knuckle                   4-7 lbs.          $226.50          $5.73         
Tenderloin                2-3 lbs.          $418.60          $2.22       ($0.04)
Tenderloin                3-4 lbs.          $453.51          $3.36         $0.05
Ribeye Roll               4-6 lbs.          $270.00          $2.84         
Ribeye Roll               6-8 lbs.          $277.96          $2.06         $0.01
Ribeye Roll               8up lbs.          $282.75          $2.06         $0.01
Flank Steak                                 $285.91          $1.20         
Kidney, Edible                               $17.33          $0.08         
Fat, inedible                                $16.25          $0.38         
Bone                                          $4.52          $1.08         
--------------------------------------------------------------------------------
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                 30.99  loads --            1,239,755  pounds
Cutter/Canner Cuts                  3.25  loads --              129,815  pounds
Boner/Breaker/Cutter/Canner        23.60  loads --              943,975  pounds
100% Lean Items                    22.96  loads --              918,297  pounds
Frozen Cuts                         2.09  loads --               83,793  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   16,444   $291.75       $2.04
112   Rib, ribeye roll, 8-10 lbs.             28   68,629   $293.54     ($1.54)
112   Rib, ribeye roll, 10-up lbs.           151  103,088   $320.13     ($0.48)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      33  124,675   $331.20     ($1.52)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      13   59,155   $367.22       $2.86
      Chuck, boneless 85%
120   Chuck, brisket                          23  103,791   $228.51       $0.90
168   Round, top inside, 10-dn lbs.            3    6,685   $220.18     ($0.05)
168   Round, top inside, 10-up lbs.           16   73,758   $215.89     ($2.20)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     21  241,873   $279.33       $0.11
169A  Round, top inside c-off, 14-up lbs.      4   21,672   $245.57       $1.46
171B  Round, outside round                    10   29,440   $205.99       $0.95
171C  Round, eye of round                     46   62,404   $246.81       $1.84
      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.            15   22,296   $240.57    ($22.18)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  39  132,836   $234.90       $7.90
185A  Loin, bottom sirloin butt flap, bnls.   46  139,886   $270.81       $7.46
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              53  122,240   $277.96       $1.44
112   Rib, ribeye roll, 8-up lbs.              3    7,575   $282.75       $1.85
100% LEAN
      Inside round - Combo                    16  162,341   $259.83     ($2.04)
      Inside round - Boxed                    32   70,009   $267.74     ($1.17)
      Outside round                            3   23,562   $233.12     ($1.63)
      Eye of round                            26   36,561   $253.04       $1.53
      Flats and eyes - Combo                  10  109,772   $230.44     ($1.61)
      Flats and eyes - Boxed                            
      Striploin                               77  356,240   $304.77     ($0.74)
      S.P.B. - Combo                          14  159,812   $226.07     ($0.52)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31   86,980   $222.64     ($0.45)
167A  Round, knuckle, peeled                  43  237,052   $226.50       $0.18
190   Loin, tenderloin, 2-3 lbs.              12   62,053   $418.60     ($7.44)
190   Loin, tenderloin, 3-4 lbs.              47   94,240   $456.80       $5.33
190   Loin, tenderloin, 4-5 lbs.             115  210,308   $531.09     ($7.06)
190   Loin, tenderloin, 5-up lbs.             44   41,840   $498.37     ($9.03)
193   Flank, flank steak                      90  123,087   $289.71     ($0.03)
      Flank, rough                            52   88,415   $246.16     ($0.64)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4   23,306   $283.47     ($1.00)
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   14,746   $289.92       $1.04
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                       8   21,652   $264.29     ($0.40)
--------------------------------------------------------------------------------
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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