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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 3/22/2019

LM_XB405
Des Moines, IA                 Fri, Mar 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:               $168.24
Change from prior day:              ($0.44)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $217.35        $121.37       ($0.27)
100% lean inside round                      $262.89          $6.10       ($0.08)
100% lean, flats and eyes                   $241.27          $5.60       ($0.02)
100% lean, S.P.B.                           $232.53         $11.63       ($0.03)
Chuck Tender                                $238.00          $2.38         $0.01
Knuckle                   4-7 lbs.          $235.30          $5.95       ($0.04)
Tenderloin                2-3 lbs.          $439.41          $2.33       ($0.02)
Tenderloin                3-4 lbs.          $453.30          $3.35         $0.01
Ribeye Roll               4-6 lbs.          $244.00          $2.56         
Ribeye Roll               6-8 lbs.          $280.62          $2.08         $0.01
Ribeye Roll               8up lbs.          $276.48          $2.02         
Flank Steak                                 $305.29          $1.28       ($0.01)
Kidney, Edible                               $18.80          $0.09         
Fat, inedible                                $16.25          $0.38         
Bone                                          $4.65          $1.12         
--------------------------------------------------------------------------------
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                 20.07  loads --              802,751  pounds
Cutter/Canner Cuts                  2.45  loads --               97,897  pounds
Boner/Breaker/Cutter/Canner        20.37  loads --              814,785  pounds
100% Lean Items                    19.35  loads --              773,937  pounds
Frozen Cuts                         5.31  loads --              212,417  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6   27,085   $286.67       $0.14
112   Rib, ribeye roll, 8-10 lbs.             27   25,142   $297.37       $2.17
112   Rib, ribeye roll, 10-up lbs.           124   79,261   $314.34       $0.53
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23   46,597   $362.69       $2.15
112A  Rib, ribeye roll-lip-on, 8-up lbs.      17   53,153   $389.73       $7.79
      Chuck, boneless 85%                               
120   Chuck, brisket                          21   63,212   $225.85       $0.51
168   Round, top inside, 10-dn lbs.            4    4,330   $230.33       $1.73
168   Round, top inside, 10-up lbs.           11   38,017   $232.64     ($1.88)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     13   79,191   $291.64       $0.75
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     5   15,057   $227.58     ($1.38)
171C  Round, eye of round                     40  110,981   $249.37       $0.68
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              7    4,982   $229.24       $0.08
180   Loin, strip, bnls, 9-up lbs.            28   71,258   $249.71       $4.89
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  14   30,368   $235.20    ($10.36)
185A  Loin, bottom sirloin butt flap, bnls.   35  147,926   $280.06     ($7.75)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              29   82,425   $280.62       $0.29
112   Rib, ribeye roll, 8-up lbs.              4    8,746   $276.48       
100% LEAN
      Inside round - Combo                     7   95,941   $259.33     ($1.27)
      Inside round - Boxed                    25   22,997   $277.78       $0.08
      Outside round                                     
      Eye of round                            18   35,604   $257.60       $0.16
      Flats and eyes - Combo                  14  166,246   $237.77     ($0.69)
      Flats and eyes - Boxed                            
      Striploin                               56  281,575   $323.20       $0.41
      S.P.B. - Combo                          10  171,574   $232.53     ($0.69)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     28   69,600   $238.00       $0.73
167A  Round, knuckle, peeled                  28  211,952   $235.30     ($1.33)
190   Loin, tenderloin, 2-3 lbs.              11   36,086   $439.41     ($3.78)
190   Loin, tenderloin, 3-4 lbs.              41  110,843   $453.30       $1.61
190   Loin, tenderloin, 4-5 lbs.             103  138,399   $534.80     ($0.48)
190   Loin, tenderloin, 5-up lbs.             50   43,508   $530.29       $3.94
193   Flank, flank steak                      75   91,164   $316.51       $0.62
      Flank, rough                            68  113,233   $242.71       $2.00
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   17,192   $285.37     ($0.36)
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   20,160   $318.42       $0.42
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.               6   87,308   $420.87     ($1.29)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       6   30,776   $272.07     ($3.84)
--------------------------------------------------------------------------------
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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