Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 2/22/2019

Past Market Reports

Report Date: 2/22/2019

LM_XB405
Des Moines, IA                 Fri, Feb 22, 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:               $165.00
Change from prior day:                $0.65
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $212.45        $118.63         $0.62
100% lean inside round                      $254.75          $5.91       ($0.01)
100% lean, flats and eyes                   $237.64          $5.51         $0.06
100% lean, S.P.B.                           $224.67         $11.23         
Chuck Tender                                $227.46          $2.27       ($0.01)
Knuckle                   4-7 lbs.          $231.40          $5.85         
Tenderloin                2-3 lbs.          $434.23          $2.30         
Tenderloin                3-4 lbs.          $459.45          $3.40       ($0.03)
Ribeye Roll               4-6 lbs.          $275.00          $2.89         
Ribeye Roll               6-8 lbs.          $280.79          $2.08         
Ribeye Roll               8up lbs.          $286.00          $2.09         
Flank Steak                                 $298.42          $1.25         $0.02
Kidney, Edible                               $17.33          $0.08         
Fat, inedible                                $16.25          $0.38         
Bone                                          $4.69          $1.13         
--------------------------------------------------------------------------------
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                 29.89  loads --            1,195,498  pounds
Cutter/Canner Cuts                  3.21  loads --              128,596  pounds
Boner/Breaker/Cutter/Canner        20.58  loads --              823,060  pounds
100% Lean Items                    20.82  loads --              832,936  pounds
Frozen Cuts                         1.34  loads --               53,641  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11   23,602   $294.60     ($5.49)
112   Rib, ribeye roll, 8-10 lbs.             27   53,038   $289.10     ($7.27)
112   Rib, ribeye roll, 10-up lbs.           114  109,662   $324.52       $0.58
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23   49,129   $357.22     ($0.64)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      21  186,699   $375.63     ($1.17)
      Chuck, boneless 85%                               
120   Chuck, brisket                          30  114,325   $236.30     ($0.02)
168   Round, top inside, 10-dn lbs.            6    7,880   $216.82       
168   Round, top inside, 10-up lbs.           12   55,725   $220.68      $10.18
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     26  222,025   $278.56       $0.41
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     7   15,515   $213.63       $3.68
171C  Round, eye of round                     44  136,578   $260.14     ($0.74)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              6   16,447   $190.37       
180   Loin, strip, bnls, 9-up lbs.            30  111,292   $250.25     ($0.05)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  18   35,814   $240.59       $5.16
185A  Loin, bottom sirloin butt flap, bnls.   36   49,492   $325.97    ($16.46)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              43  120,001   $280.79     ($0.17)
112   Rib, ribeye roll, 8-up lbs.              3    8,595   $286.00       
100% LEAN
      Inside round - Combo                    13  191,887   $251.30     ($0.73)
      Inside round - Boxed                    32   39,406   $271.55       $1.91
      Outside round                            3   35,535   $230.53       
      Eye of round                            29   74,547   $249.19       $4.91
      Flats and eyes - Combo                  10   93,534   $231.14       $0.02
      Flats and eyes - Boxed                            
      Striploin                               90  309,552   $310.12       $0.50
      S.P.B. - Combo                           7   88,475   $224.67       $0.15
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     26   60,523   $227.46     ($0.42)
167A  Round, knuckle, peeled                  41  272,137   $231.40       $0.10
190   Loin, tenderloin, 2-3 lbs.              12   42,469   $434.23       $0.56
190   Loin, tenderloin, 3-4 lbs.              48   62,450   $459.45     ($3.38)
190   Loin, tenderloin, 4-5 lbs.             110  167,949   $549.62     ($0.75)
190   Loin, tenderloin, 5-up lbs.             26   23,862   $525.13       $9.55
193   Flank, flank steak                      87  111,641   $301.96       $5.28
      Flank, rough                            66   82,029   $254.28       $0.68
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   32,813   $287.76     ($6.56)
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    8,960   $298.00
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                       7    9,978   $258.78     ($2.95)
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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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