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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/1/2019

LM_XB405
Des Moines, IA                 Wed, May 01, 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:               $171.91
Change from prior day:                $0.20
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $222.75        $124.38         $0.11
100% lean inside round                      $281.99          $6.54         $0.04
100% lean, flats and eyes                   $238.90          $5.54         
100% lean, S.P.B.                           $232.49         $11.62         $0.02
Chuck Tender                                $239.83          $2.40       ($0.01)
Knuckle                   4-7 lbs.          $235.36          $5.95       ($0.02)
Tenderloin                2-3 lbs.          $456.02          $2.42         $0.01
Tenderloin                3-4 lbs.          $470.20          $3.48         $0.03
Ribeye Roll               4-6 lbs.          $250.42          $2.63         $0.02
Ribeye Roll               6-8 lbs.          $282.49          $2.09         
Ribeye Roll               8up lbs.          $285.15          $2.08         $0.02
Flank Steak                                 $297.48          $1.25       ($0.02)
Kidney, Edible                               $18.27          $0.08         
Fat, inedible                                $17.59          $0.41         
Bone                                          $4.33          $1.04         
--------------------------------------------------------------------------------
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                 19.44  loads --              777,425  pounds
Cutter/Canner Cuts                  2.23  loads --               89,230  pounds
Boner/Breaker/Cutter/Canner        22.19  loads --              887,588  pounds
100% Lean Items                    27.23  loads --            1,089,031  pounds
Frozen Cuts                         1.76  loads --               70,448  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   14,696   $285.79     ($3.02)
112   Rib, ribeye roll, 8-10 lbs.             25   46,977   $301.31     ($2.48)
112   Rib, ribeye roll, 10-up lbs.           147  110,544   $327.83     ($0.43)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      22   28,146   $396.59     ($0.06)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      11   26,339   $392.52       $6.48
      Chuck, boneless 85%                               
120   Chuck, brisket                          22   33,049   $224.13       $0.04
168   Round, top inside, 10-dn lbs.            6   20,087   $219.00     ($0.58)
168   Round, top inside, 10-up lbs.           16   68,885   $232.36     ($2.68)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     18  175,069   $294.26     ($0.38)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     4    3,222   $253.53       
171C  Round, eye of round                     75  117,713   $256.79     ($2.93)
      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.            26   22,366   $279.16    ($14.44)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  21   26,697   $249.74    ($11.19)
185A  Loin, bottom sirloin butt flap, bnls.   31   76,159   $330.02      $14.12
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              27   84,600   $282.49     ($0.16)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    12  187,779   $277.47       $2.32
      Inside round - Boxed                    34  123,309   $288.87       $1.06
      Outside round
      Eye of round                            24   42,398   $253.25     ($0.88)
      Flats and eyes - Combo                  16  273,369   $236.85       $0.71
      Flats and eyes - Boxed                            
      Striploin                               87  216,678   $348.25       $3.57
      S.P.B. - Combo                          12  217,005   $232.49       $0.41
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     25   59,311   $239.83     ($0.78)
167A  Round, knuckle, peeled                  41  196,003   $235.36     ($0.51)
190   Loin, tenderloin, 2-3 lbs.              11   51,611   $456.02       $1.71
190   Loin, tenderloin, 3-4 lbs.              51  142,333   $470.20       $4.07
190   Loin, tenderloin, 4-5 lbs.             139  219,343   $523.51       $1.63
190   Loin, tenderloin, 5-up lbs.             57   61,595   $539.99     ($1.05)
193   Flank, flank steak                      76  102,980   $304.08     ($4.94)
      Flank, rough                            36   54,412   $271.04       $5.76
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              7   21,263   $281.78       $2.02
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.             4    9,520   $326.24       $2.35
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                      11   34,445   $277.75      $18.06
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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
1530C

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