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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 4/29/2019

LM_XB405
Des Moines, IA                 Mon, Apr 29, 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:               $171.95
Change from prior day:                $0.76
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $223.01        $124.53         $0.85
100% lean inside round                      $281.64          $6.53         $0.15
100% lean, flats and eyes                   $240.34          $5.58         $0.02
100% lean, S.P.B.                           $231.61         $11.58       ($0.05)
Chuck Tender                                $240.60          $2.41         $0.01
Knuckle                   4-7 lbs.          $235.69          $5.96         $0.06
Tenderloin                2-3 lbs.          $447.56          $2.37       ($0.07)
Tenderloin                3-4 lbs.          $462.73          $3.42       ($0.16)
Ribeye Roll               4-6 lbs.          $248.61          $2.61         
Ribeye Roll               6-8 lbs.          $280.18          $2.07         $0.01
Ribeye Roll               8up lbs.          $281.92          $2.06         
Flank Steak                                 $309.86          $1.30         $0.01
Kidney, Edible                               $18.27          $0.08         
Fat, inedible                                $17.59          $0.41         
Bone                                          $4.33          $1.04       ($0.07)
--------------------------------------------------------------------------------
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                 16.85  loads --              673,888  pounds
Cutter/Canner Cuts                  2.03  loads --               81,352  pounds
Boner/Breaker/Cutter/Canner        20.66  loads --              826,410  pounds
100% Lean Items                    25.80  loads --            1,031,968  pounds
Frozen Cuts                         1.35  loads --               53,800  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11   15,860   $286.64       $0.11
112   Rib, ribeye roll, 8-10 lbs.             31   50,810   $304.37       $1.71
112   Rib, ribeye roll, 10-up lbs.           128  100,052   $324.13     ($1.01)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      19   37,532   $367.84       $9.53
112A  Rib, ribeye roll-lip-on, 8-up lbs.      12   27,896   $377.54       $0.67
      Chuck, boneless 85%                               
120   Chuck, brisket                          27   83,038   $225.72       $0.64
168   Round, top inside, 10-dn lbs.            5    5,467   $226.37     ($0.05)
168   Round, top inside, 10-up lbs.           11   46,789   $236.42    ($11.34)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     16   89,670   $297.28       $3.19
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     4    3,222   $253.53       $0.07
171C  Round, eye of round                     61  114,820   $258.95       $1.35
      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.            22   20,002   $281.86    ($44.85)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  16   25,355   $262.31       $3.33
185A  Loin, bottom sirloin butt flap, bnls.   33   50,095   $352.69       $8.84
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              30   66,483   $280.18       $1.53
112   Rib, ribeye roll, 8-up lbs.              3   14,560   $281.92       
100% LEAN
      Inside round - Combo                    15  142,927   $276.08       $6.25
      Inside round - Boxed                    38  109,390   $288.90       $7.64
      Outside round
      Eye of round                            23   47,046   $260.98       $4.39
      Flats and eyes - Combo                  17  243,226   $236.59     ($0.29)
      Flats and eyes - Boxed                            
      Striploin                              103  273,662   $348.10       $0.93
      S.P.B. - Combo                          10  196,724   $231.61     ($1.00)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     29   70,570   $240.60       $0.78
167A  Round, knuckle, peeled                  34  188,930   $235.69       $2.41
190   Loin, tenderloin, 2-3 lbs.              14   57,245   $447.56    ($12.23)
190   Loin, tenderloin, 3-4 lbs.              46   97,438   $462.73    ($21.52)
190   Loin, tenderloin, 4-5 lbs.             151  201,473   $523.91     ($4.90)
190   Loin, tenderloin, 5-up lbs.             52   63,165   $540.89     ($1.17)
193   Flank, flank steak                      69   82,505   $314.96     ($8.69)
      Flank, rough                            44   65,084   $259.77       $2.96
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              4   10,400   $276.63       
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.             5    9,025   $323.89       $0.53
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                       6    8,215   $258.65    ($34.46)
--------------------------------------------------------------------------------
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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