Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 3/15/2019

Past Market Reports

Report Date: 3/15/2019

LM_XB405
Des Moines, IA                 Fri, Mar 15, 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:               $167.51
Change from prior day:                $0.03
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $216.37        $120.82         $0.03
100% lean inside round                      $266.91          $6.19         $0.01
100% lean, flats and eyes                   $240.05          $5.57         $0.01
100% lean, S.P.B.                           $228.41         $11.42         
Chuck Tender                                $236.05          $2.36         $0.01
Knuckle                   4-7 lbs.          $235.02          $5.95         $0.03
Tenderloin                2-3 lbs.          $449.03          $2.38         
Tenderloin                3-4 lbs.          $443.09          $3.28       ($0.02)
Ribeye Roll               4-6 lbs.          $249.30          $2.62       ($0.01)
Ribeye Roll               6-8 lbs.          $275.70          $2.04         
Ribeye Roll               8up lbs.          $290.00          $2.12         
Flank Steak                                 $311.33          $1.31       ($0.03)
Kidney, Edible                               $18.60          $0.09         
Fat, inedible                                $16.25          $0.38         
Bone                                          $4.10          $0.98         
--------------------------------------------------------------------------------
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                 28.12  loads --            1,124,961  pounds
Cutter/Canner Cuts                  3.32  loads --              132,788  pounds
Boner/Breaker/Cutter/Canner        22.89  loads --              915,594  pounds
100% Lean Items                    23.72  loads --              948,831  pounds
Frozen Cuts                         1.78  loads --               71,120  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11   32,541   $291.45     ($0.14)
112   Rib, ribeye roll, 8-10 lbs.             43   98,033   $284.93     ($0.88)
112   Rib, ribeye roll, 10-up lbs.           130  106,189   $310.88     ($1.08)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      22   41,804   $362.70     ($0.03)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       8   15,281   $350.50    ($11.41)
      Chuck, boneless 85%                               
120   Chuck, brisket                          15   31,147   $230.30     ($1.45)
168   Round, top inside, 10-dn lbs.            3   10,765   $228.37
168   Round, top inside, 10-up lbs.           13   43,399   $238.00       $7.00
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     43  423,681   $281.66       $0.03
169A  Round, top inside c-off, 14-up lbs.      5    3,471   $281.30       $0.80
171B  Round, outside round                     9   18,753   $229.40       $1.14
171C  Round, eye of round                     54   75,844   $251.82     ($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.              6    5,404   $223.53       $0.15
180   Loin, strip, bnls, 9-up lbs.            20   86,501   $269.53     ($2.43)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  16   36,565   $229.59     ($1.42)
185A  Loin, bottom sirloin butt flap, bnls.   30   91,652   $298.54       $7.17
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              47  129,938   $275.70     ($0.46)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    18  220,509   $264.03     ($0.05)
      Inside round - Boxed                    42   77,205   $275.14       $0.63
      Outside round                            4   55,143   $234.66       $0.08
      Eye of round                            28   77,832   $249.74       $1.41
      Flats and eyes - Combo                  14  128,724   $236.50     ($0.01)
      Flats and eyes - Boxed                            
      Striploin                               80  258,086   $327.51     ($0.53)
      S.P.B. - Combo                           9  131,332   $228.41       
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32  103,381   $236.05       $0.60
167A  Round, knuckle, peeled                  31  243,936   $235.02       $0.85
190   Loin, tenderloin, 2-3 lbs.              11   61,136   $449.03       
190   Loin, tenderloin, 3-4 lbs.              44   99,114   $443.09     ($3.34)
190   Loin, tenderloin, 4-5 lbs.             121  194,773   $532.86       $1.08
190   Loin, tenderloin, 5-up lbs.             52   27,360   $529.54    ($17.79)
193   Flank, flank steak                      71   90,236   $319.80     ($6.29)
      Flank, rough                            64   95,658   $242.34       $0.30
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6   19,278   $280.84       
112   Rib, ribeye roll, 8-10 lbs.              4   13,945   $284.82       
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.
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.               4    5,390   $516.61       $2.80
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       8   15,887   $263.23       
--------------------------------------------------------------------------------
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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