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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 2/28/2019

LM_XB405
Des Moines, IA                 Thu, Feb 28, 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:               $165.54
Change from prior day:                $0.66
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $212.96        $118.92         $0.69
100% lean inside round                      $263.18          $6.11         $0.01
100% lean, flats and eyes                   $240.88          $5.59         $0.01
100% lean, S.P.B.                           $228.06         $11.40         
Chuck Tender                                $227.50          $2.28         $0.01
Knuckle                   4-7 lbs.          $232.53          $5.88       ($0.02)
Tenderloin                2-3 lbs.          $440.22          $2.33       ($0.03)
Tenderloin                3-4 lbs.          $474.95          $3.51         $0.04
Ribeye Roll               4-6 lbs.          $244.25          $2.56         
Ribeye Roll               6-8 lbs.          $280.74          $2.08       ($0.01)
Ribeye Roll               8up lbs.          $285.00          $2.08       ($0.01)
Flank Steak                                 $301.13          $1.26       ($0.03)
Kidney, Edible                               $18.27          $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                 28.20  loads --            1,128,070  pounds
Cutter/Canner Cuts                  1.88  loads --               75,073  pounds
Boner/Breaker/Cutter/Canner        21.52  loads --              860,950  pounds
100% Lean Items                    21.55  loads --              861,900  pounds
Frozen Cuts                         1.29  loads --               51,788  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              13   42,214   $296.91     ($2.62)
112   Rib, ribeye roll, 8-10 lbs.             38  101,246   $285.71     ($1.46)
112   Rib, ribeye roll, 10-up lbs.           126  140,932   $307.40     ($5.02)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   35,221   $361.14     ($4.27)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      19   52,168   $351.54    ($10.62)
      Chuck, boneless 85%                               
120   Chuck, brisket                          27   85,849   $242.29       $1.13
168   Round, top inside, 10-dn lbs.            5   13,017   $208.96     ($5.62)
168   Round, top inside, 10-up lbs.           12   37,843   $226.46       
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     26  215,605   $279.52     ($0.55)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     9   60,198   $213.07     ($3.56)
171C  Round, eye of round                     50   72,722   $254.63       $0.15
      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.            23   45,735   $259.57      $25.90
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  25   90,702   $240.50     ($1.32)
185A  Loin, bottom sirloin butt flap, bnls.   42  127,758   $279.84    ($13.75)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              41   72,258   $280.74     ($1.28)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    14  177,914   $259.71       $0.18
      Inside round - Boxed                    39   80,538   $270.85       $0.17
      Outside round                            4   37,557   $231.57       
      Eye of round                            41   69,252   $253.56       $0.95
      Flats and eyes - Combo                  13  127,769   $236.73       $0.27
      Flats and eyes - Boxed                            
      Striploin                               81  250,020   $310.60     ($1.76)
      S.P.B. - Combo                           8  118,850   $228.06       
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     40  106,419   $227.50       $0.09
167A  Round, knuckle, peeled                  33  152,315   $232.53     ($0.80)
190   Loin, tenderloin, 2-3 lbs.               8   44,646   $440.22     ($4.99)
190   Loin, tenderloin, 3-4 lbs.              55  137,896   $474.95       $5.44
190   Loin, tenderloin, 4-5 lbs.             112  175,961   $526.41    ($17.90)
190   Loin, tenderloin, 5-up lbs.             43   53,735   $527.04      $10.59
193   Flank, flank steak                      85  114,754   $304.99     ($4.84)
      Flank, rough                            50   75,224   $245.45     ($6.32)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              3   17,010   $276.12     ($0.54)
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.             8   16,800   $302.00       $2.89
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3    5,400   $244.25
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.              3      915   $179.00
193   Flank, flank steak                       5    9,773   $255.80     ($1.26)
--------------------------------------------------------------------------------
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
1530C

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