Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 3/26/2019

Past Market Reports

Report Date: 3/26/2019

LM_XB405
Des Moines, IA                 Tue, Mar 26, 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:               $168.67
Change from prior day:                $0.08
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $217.83        $121.64       ($0.07)
100% lean inside round                      $262.44          $6.09       ($0.04)
100% lean, flats and eyes                   $241.05          $5.59       ($0.02)
100% lean, S.P.B.                           $228.90         $11.44       ($0.10)
Chuck Tender                                $239.27          $2.39         
Knuckle                   4-7 lbs.          $233.67          $5.91         
Tenderloin                2-3 lbs.          $449.88          $2.38         
Tenderloin                3-4 lbs.          $472.29          $3.50         $0.06
Ribeye Roll               4-6 lbs.          $262.89          $2.76         $0.22
Ribeye Roll               6-8 lbs.          $279.91          $2.07         
Ribeye Roll               8up lbs.          $274.59          $2.00       ($0.02)
Flank Steak                                 $316.87          $1.33         $0.05
Kidney, Edible                               $17.75          $0.08         
Fat, inedible                                $16.25          $0.38         
Bone                                          $4.62          $1.11         
--------------------------------------------------------------------------------
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                 27.31  loads --            1,092,455  pounds
Cutter/Canner Cuts                  2.26  loads --               90,402  pounds
Boner/Breaker/Cutter/Canner        27.23  loads --            1,089,147  pounds
100% Lean Items                    23.23  loads --              929,239  pounds
Frozen Cuts                         3.42  loads --              136,742  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   17,830   $281.17       $1.39
112   Rib, ribeye roll, 8-10 lbs.             35   54,642   $294.63     ($1.86)
112   Rib, ribeye roll, 10-up lbs.           109  111,750   $314.85       $0.54
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      17   52,795   $361.45     ($4.14)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      14   64,492   $393.14       $4.89
      Chuck, boneless 85%                               
120   Chuck, brisket                          33   99,262   $223.30       $0.58
168   Round, top inside, 10-dn lbs.            4   11,173   $226.36     ($3.47)
168   Round, top inside, 10-up lbs.           13   60,872   $232.27     ($3.03)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     17  160,739   $291.46       $0.41
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     9   41,701   $227.84     ($7.91)
171C  Round, eye of round                     44   90,150   $249.87     ($0.07)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              9    4,994   $227.89     ($2.11)
180   Loin, strip, bnls, 9-up lbs.            36  116,839   $253.82    ($24.56)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  15   33,786   $229.86     ($6.11)
185A  Loin, bottom sirloin butt flap, bnls.   32  168,634   $282.10       $6.25
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              27   75,135   $279.91       $0.21
112   Rib, ribeye roll, 8-up lbs.              3    8,541   $274.59     ($1.69)
100% LEAN
      Inside round - Combo                    12  154,904   $258.80     ($0.73)
      Inside round - Boxed                    31   44,891   $275.02       $0.56
      Outside round
      Eye of round                            21   45,296   $254.50     ($0.67)
      Flats and eyes - Combo                  20  211,327   $238.58       $0.44
      Flats and eyes - Boxed                            
      Striploin                               66  248,568   $328.55       $5.66
      S.P.B. - Combo                          10  194,374   $228.90     ($1.96)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     31   92,260   $239.27       $0.24
167A  Round, knuckle, peeled                  34  393,084   $233.67       $0.19
190   Loin, tenderloin, 2-3 lbs.              11   50,137   $449.88       $0.22
190   Loin, tenderloin, 3-4 lbs.              45  153,331   $472.29       $7.00
190   Loin, tenderloin, 4-5 lbs.             112  142,663   $541.27     ($5.49)
190   Loin, tenderloin, 5-up lbs.             44   58,745   $536.16       $1.80
193   Flank, flank steak                      93  105,653   $324.25       $5.90
      Flank, rough                            53   93,274   $244.65     ($0.32)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              6   80,372   $282.24     ($3.53)
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       
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.               5   13,560   $456.50      $36.92
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       6   13,590   $259.47    ($12.60)
--------------------------------------------------------------------------------
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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