Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 2/25/2019

Past Market Reports

Report Date: 2/25/2019

LM_XB405
Des Moines, IA                 Mon, Feb 25, 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:               $165.84
Change from prior day:                $0.84
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $213.42        $119.17         $0.54
100% lean inside round                      $261.52          $6.07         $0.16
100% lean, flats and eyes                   $238.73          $5.54         $0.03
100% lean, S.P.B.                           $227.53         $11.38         $0.15
Chuck Tender                                $228.06          $2.28         $0.01
Knuckle                   4-7 lbs.          $231.09          $5.85         
Tenderloin                2-3 lbs.          $439.65          $2.33         $0.03
Tenderloin                3-4 lbs.          $453.96          $3.36       ($0.04)
Ribeye Roll               4-6 lbs.          $275.00          $2.89         
Ribeye Roll               6-8 lbs.          $281.06          $2.08         
Ribeye Roll               8up lbs.          $286.00          $2.09         
Flank Steak                                 $299.63          $1.26         $0.01
Kidney, Edible                               $18.27          $0.08         
Fat, inedible                                $16.25          $0.38         
Bone                                          $4.52          $1.08       ($0.05)
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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                 28.73  loads --            1,149,337  pounds
Cutter/Canner Cuts                  3.17  loads --              126,692  pounds
Boner/Breaker/Cutter/Canner        20.51  loads --              820,467  pounds
100% Lean Items                    20.50  loads --              820,042  pounds
Frozen Cuts                         1.39  loads --               55,766  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   35,980   $299.50       $4.90
112   Rib, ribeye roll, 8-10 lbs.             33   84,324   $288.41     ($0.69)
112   Rib, ribeye roll, 10-up lbs.           117  135,936   $318.31     ($6.21)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      24   57,273   $360.24       $3.02
112A  Rib, ribeye roll-lip-on, 8-up lbs.      18  174,626   $376.21       $0.58
      Chuck, boneless 85%                               
120   Chuck, brisket                          18   52,299   $242.47       $6.17
168   Round, top inside, 10-dn lbs.            3    2,955   $214.32     ($2.50)
168   Round, top inside, 10-up lbs.           12   52,322   $223.06       $2.38
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     23  230,617   $277.92     ($0.64)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     9   29,067   $215.34       $1.71
171C  Round, eye of round                     45   80,408   $251.60     ($8.54)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              7   17,638   $190.34     ($0.03)
180   Loin, strip, bnls, 9-up lbs.            24   86,839   $244.15     ($6.10)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  19   35,032   $241.48       $0.89
185A  Loin, bottom sirloin butt flap, bnls.   36   65,746   $302.58    ($23.39)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              41  118,097   $281.06       $0.27
112   Rib, ribeye roll, 8-up lbs.              3    8,595   $286.00       
100% LEAN
      Inside round - Combo                    14  149,194   $258.36       $7.06
      Inside round - Boxed                    32   65,263   $268.72     ($2.83)
      Outside round                            3   44,433   $231.28       $0.75
      Eye of round                            25   67,877   $249.80       $0.61
      Flats and eyes - Combo                  13  114,063   $235.05       $3.91
      Flats and eyes - Boxed                            
      Striploin                               91  313,910   $310.26       $0.14
      S.P.B. - Combo                           6   65,302   $227.53       $2.86
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     35   90,762   $228.06       $0.60
167A  Round, knuckle, peeled                  40  185,134   $231.09     ($0.31)
190   Loin, tenderloin, 2-3 lbs.               9   44,275   $439.65       $5.42
190   Loin, tenderloin, 3-4 lbs.              50  111,845   $453.96     ($5.49)
190   Loin, tenderloin, 4-5 lbs.             118  170,343   $550.05       $0.43
190   Loin, tenderloin, 5-up lbs.             31   28,767   $519.03     ($6.10)
193   Flank, flank steak                      82  125,153   $303.14       $1.18
      Flank, rough                            59   64,188   $257.91       $3.63
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              6   27,248   $281.78     ($5.98)
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   16,240   $298.52       $0.52
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   10,388   $257.37     ($1.41)
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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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