Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 4/3/2019

Past Market Reports

Report Date: 4/3/2019

LM_XB405
Des Moines, IA                 Wed, Apr 03, 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:               $168.66
Change from prior day:              ($0.36)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $217.59        $121.50       ($0.28)
100% lean inside round                      $269.79          $6.26       ($0.01)
100% lean, flats and eyes                   $239.97          $5.57         $0.02
100% lean, S.P.B.                           $231.18         $11.56         $0.08
Chuck Tender                                $238.27          $2.38       ($0.01)
Knuckle                   4-7 lbs.          $232.12          $5.87       ($0.04)
Tenderloin                2-3 lbs.          $451.36          $2.39         
Tenderloin                3-4 lbs.          $481.76          $3.57       ($0.09)
Ribeye Roll               4-6 lbs.          $239.57          $2.52       ($0.07)
Ribeye Roll               6-8 lbs.          $277.52          $2.05         $0.03
Ribeye Roll               8up lbs.          $285.76          $2.09         
Flank Steak                                 $310.09          $1.30         $0.01
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                 29.32  loads --            1,172,642  pounds
Cutter/Canner Cuts                  4.14  loads --              165,532  pounds
Boner/Breaker/Cutter/Canner        24.95  loads --              997,988  pounds
100% Lean Items                    27.70  loads --            1,108,011  pounds
Frozen Cuts                         3.89  loads --              155,770  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   73,147   $324.49       $3.97
112   Rib, ribeye roll, 8-10 lbs.             51  176,053   $312.62       $2.30
112   Rib, ribeye roll, 10-up lbs.           160  154,857   $322.74       $0.37
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      21   70,607   $355.55       $1.69
112A  Rib, ribeye roll-lip-on, 8-up lbs.      10   36,993   $395.21    ($12.69)
      Chuck, boneless 85%                               
120   Chuck, brisket                          21   75,102   $227.39     ($0.34)
168   Round, top inside, 10-dn lbs.            3    3,142   $223.26
168   Round, top inside, 10-up lbs.           10   38,013   $236.28       $0.63
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     33  238,935   $294.70       $0.33
169A  Round, top inside c-off, 14-up lbs.      3   10,789   $281.53       
171B  Round, outside round                     6   20,250   $226.43     ($2.83)
171C  Round, eye of round                     44   67,527   $248.23     ($0.29)
      Loin, Semi-Bnls Short Loin, 13-dn lbs.            
      Loin, Semi-Bnls Short Loin, 13-up lbs.            
180   Loin, strip, bnls, 7-9 lbs.              3    7,478   $235.00
180   Loin, strip, bnls, 9-up lbs.            17   25,283   $308.39      $27.70
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  25   31,836   $239.90       $2.34
185A  Loin, bottom sirloin butt flap, bnls.   46  136,812   $296.55     ($1.91)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              31  151,540   $277.52       $4.29
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    18  191,090   $266.17       $1.43
      Inside round - Boxed                    42  122,794   $275.42     ($3.02)
      Outside round
      Eye of round                            19   54,943   $259.69       $0.59
      Flats and eyes - Combo                  15  211,702   $235.37       $1.32
      Flats and eyes - Boxed                            
      Striploin                               79  334,746   $325.54     ($0.01)
      S.P.B. - Combo                           9  162,235   $231.18       $1.59
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32   79,923   $238.27     ($0.60)
167A  Round, knuckle, peeled                  40  292,183   $232.12     ($1.61)
190   Loin, tenderloin, 2-3 lbs.              16   51,140   $451.36       $0.70
190   Loin, tenderloin, 3-4 lbs.              45   76,728   $481.76    ($11.51)
190   Loin, tenderloin, 4-5 lbs.             133  221,199   $534.80       $3.47
190   Loin, tenderloin, 5-up lbs.             49   76,127   $534.08     ($7.04)
193   Flank, flank steak                      97   88,799   $318.04       $6.89
      Flank, rough                            62  111,889   $244.69       $2.43
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              3   23,925   $282.50     ($0.56)
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   27,360   $309.35       $6.33
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                       3   12,465   $253.45
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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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