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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/8/2019

LM_XB405
Des Moines, IA                 Wed, May 08, 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:               $171.74
Change from prior day:              ($0.01)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $222.39        $124.18         $0.25
100% lean inside round                      $279.99          $6.50       ($0.08)
100% lean, flats and eyes                   $245.02          $5.68       ($0.04)
100% lean, S.P.B.                           $233.39         $11.67       ($0.06)
Chuck Tender                                $239.32          $2.39       ($0.01)
Knuckle                   4-7 lbs.          $231.45          $5.86       ($0.09)
Tenderloin                2-3 lbs.          $458.53          $2.43       ($0.01)
Tenderloin                3-4 lbs.          $482.28          $3.57        
Ribeye Roll               4-6 lbs.          $249.23          $2.62         $0.01
Ribeye Roll               6-8 lbs.          $276.13          $2.04        
Ribeye Roll               8up lbs.          $282.44          $2.06       ($0.03)
Flank Steak                                 $317.92          $1.34         $0.05
Kidney, Edible                               $18.25          $0.08        
Fat, inedible                                $17.59          $0.41        
Bone                                          $3.80          $0.91        
--------------------------------------------------------------------------------
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                 20.71  loads --              828,517  pounds
Cutter/Canner Cuts                  2.82  loads --              112,616  pounds
Boner/Breaker/Cutter/Canner        18.62  loads --              744,613  pounds
100% Lean Items                    31.58  loads --            1,263,075  pounds
Frozen Cuts                         2.09  loads --               83,649  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   13,266   $284.93     ($0.78)
112   Rib, ribeye roll, 8-10 lbs.             46   79,975   $303.97     ($0.04)
112   Rib, ribeye roll, 10-up lbs.           168  131,342   $335.39     ($2.03)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      21   55,998   $391.30     ($4.43)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      11   27,582   $432.41      $12.65
      Chuck, boneless 85%
120   Chuck, brisket                          15   36,187   $221.79     ($1.42)
168   Round, top inside, 10-dn lbs.            7   16,027   $213.72     ($0.65)
168   Round, top inside, 10-up lbs.           10   37,821   $232.08       $0.27
169A  Round, top inside c-off, 8-10 lbs.               
169A  Round, top inside c-off, 10-14 lbs.     20  178,125   $291.49     ($0.15)
169A  Round, top inside c-off, 14-up lbs.      5   29,488   $291.87     ($0.20)
171B  Round, outside round                     5    5,694   $256.21      
171C  Round, eye of round                     38   49,388   $239.29       $0.82
      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.            21   26,995   $297.63      $10.45
182   Loin, sirloin butt                               
184   Loin, top sirloin butt                  14   32,082   $222.51     ($3.05)
185A  Loin, bottom sirloin butt flap, bnls.   36   90,943   $321.67     ($7.98)
191A  Loin, butt tender, peeled                        
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              28   93,718   $276.13       $0.08
112   Rib, ribeye roll, 8-up lbs.              4   17,058   $282.44
100% LEAN
      Inside round - Combo                    30  438,394   $276.63     ($3.03)
      Inside round - Boxed                    35  132,485   $291.09     ($2.13)
      Outside round                                    
      Eye of round                            23   65,451   $265.97     ($0.06)
      Flats and eyes - Combo                  10  140,047   $235.23     ($3.30)
      Flats and eyes - Boxed                           
      Striploin                               78  300,974   $345.83       $1.83
      S.P.B. - Combo                          12  185,724   $233.39     ($1.26)
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     26   71,380   $239.32     ($0.28)
167A  Round, knuckle, peeled                  31  187,974   $231.45     ($3.78)
190   Loin, tenderloin, 2-3 lbs.              11   59,964   $458.53     ($2.49)
190   Loin, tenderloin, 3-4 lbs.              49   95,130   $482.28     ($0.20)
190   Loin, tenderloin, 4-5 lbs.             150  149,461   $542.25       $2.15
190   Loin, tenderloin, 5-up lbs.             61   40,645   $556.76       $2.52
193   Flank, flank steak                      85   87,870   $322.44       $9.11
      Flank, rough                            40   52,189   $265.27       $1.46
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4   21,966   $272.48     ($3.58)
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   25,200   $328.33       $0.04
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                       7    7,631   $265.86    ($17.16)
--------------------------------------------------------------------------------
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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