Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 4/2/2019

Past Market Reports

Report Date: 4/2/2019

LM_XB405
Des Moines, IA                 Tue, Apr 02, 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:               $169.01
Change from prior day:              ($0.34)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.09        $121.78       ($0.34)
100% lean inside round                      $270.27          $6.27         $0.04
100% lean, flats and eyes                   $239.12          $5.55         $0.01
100% lean, S.P.B.                           $229.59         $11.48       ($0.02)
Chuck Tender                                $238.87          $2.39         
Knuckle                   4-7 lbs.          $233.73          $5.91       ($0.06)
Tenderloin                2-3 lbs.          $450.66          $2.39         
Tenderloin                3-4 lbs.          $493.27          $3.65         $0.10
Ribeye Roll               4-6 lbs.          $246.19          $2.59       ($0.05)
Ribeye Roll               6-8 lbs.          $273.23          $2.02         
Ribeye Roll               8up lbs.          $285.76          $2.09         
Flank Steak                                 $306.55          $1.29       ($0.02)
Kidney, Edible                               $18.83          $0.09         
Fat, inedible                                $16.25          $0.38         
Bone                                          $4.69          $1.13         
--------------------------------------------------------------------------------
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                 31.16  loads --            1,246,300  pounds
Cutter/Canner Cuts                  3.88  loads --              155,136  pounds
Boner/Breaker/Cutter/Canner        24.92  loads --              996,942  pounds
100% Lean Items                    23.87  loads --              954,941  pounds
Frozen Cuts                         3.52  loads --              140,855  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11   79,977   $320.52       $1.33
112   Rib, ribeye roll, 8-10 lbs.             46  182,389   $310.32       $0.72
112   Rib, ribeye roll, 10-up lbs.           154  170,579   $322.37       $2.98
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      22   64,874   $353.86     ($1.61)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       9   27,881   $407.90       $1.57
      Chuck, boneless 85%                               
120   Chuck, brisket                          22   75,549   $227.73       $0.23
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           12   41,215   $235.65       $4.21
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     33  247,430   $294.37       $1.44
169A  Round, top inside c-off, 14-up lbs.      3   10,789   $281.53       
171B  Round, outside round                     7   35,570   $229.26       $4.99
171C  Round, eye of round                     44   81,599   $248.52     ($5.27)
      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.            15   37,664   $280.69      $32.07
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  24   29,139   $237.56       $0.03
185A  Loin, bottom sirloin butt flap, bnls.   46  144,106   $298.46     ($3.44)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              35  141,144   $273.23       $0.54
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    15  178,512   $264.74       $1.76
      Inside round - Boxed                    40  120,595   $278.44     ($1.20)
      Outside round
      Eye of round                            21   50,328   $259.10     ($0.01)
      Flats and eyes - Combo                  14  181,418   $234.05     ($0.36)
      Flats and eyes - Boxed                            
      Striploin                               75  248,676   $325.55       $1.26
      S.P.B. - Combo                           9  144,911   $229.59     ($0.44)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     34   85,503   $238.87       $0.12
167A  Round, knuckle, peeled                  40  276,291   $233.73     ($2.20)
190   Loin, tenderloin, 2-3 lbs.              15   52,112   $450.66     ($0.66)
190   Loin, tenderloin, 3-4 lbs.              44   63,962   $493.27      $14.02
190   Loin, tenderloin, 4-5 lbs.             140  243,734   $531.33       $4.87
190   Loin, tenderloin, 5-up lbs.             41   79,978   $541.12       $4.76
193   Flank, flank steak                      86   83,834   $311.15     ($4.17)
      Flank, rough                            63  111,528   $242.26       $1.09
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   34,488   $283.06     ($0.35)
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.             9   26,050   $303.02       $1.72
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
--------------------------------------------------------------------------------
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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