Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 5/14/2019

Past Market Reports

Report Date: 5/14/2019

LM_XB405
Des Moines, IA                 Tue, May 14, 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:               $171.52
Change from prior day:              ($0.82)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $222.70        $124.36       ($0.93)
100% lean inside round                      $279.92          $6.49       ($0.02)
100% lean, flats and eyes                   $243.19          $5.64         $0.02
100% lean, S.P.B.                           $235.71         $11.79         $0.11
Chuck Tender                                $231.27          $2.31       ($0.02)
Knuckle                   4-7 lbs.          $222.76          $5.64         $0.02
Tenderloin                2-3 lbs.          $462.21          $2.45       ($0.02)
Tenderloin                3-4 lbs.          $449.79          $3.33         $0.02
Ribeye Roll               4-6 lbs.          $249.34          $2.62       ($0.01)
Ribeye Roll               6-8 lbs.          $284.32          $2.10         
Ribeye Roll               8up lbs.          $283.08          $2.07         
Flank Steak                                 $324.46          $1.36         $0.01
Kidney, Edible                               $19.48          $0.09         
Fat, inedible                                $17.59          $0.41         
Bone                                          $3.59          $0.86         
--------------------------------------------------------------------------------
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                 23.27  loads --              930,761  pounds
Cutter/Canner Cuts                  3.47  loads --              138,694  pounds
Boner/Breaker/Cutter/Canner        26.37  loads --            1,054,895  pounds
100% Lean Items                    29.24  loads --            1,169,537  pounds
Frozen Cuts                         2.00  loads --               79,840  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   12,495   $288.29     ($3.34)
112   Rib, ribeye roll, 8-10 lbs.             39   67,008   $309.67     ($0.10)
112   Rib, ribeye roll, 10-up lbs.           178  154,825   $338.45       $0.15
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   27,465   $388.49     ($2.76)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      13   71,204   $412.54    ($16.97)
      Chuck, boneless 85%
120   Chuck, brisket                          24   38,779   $223.70       $1.22
168   Round, top inside, 10-dn lbs.            8   15,537   $211.51     ($0.38)
168   Round, top inside, 10-up lbs.            7   25,901   $231.98       $6.89
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     15  194,466   $291.84     ($0.81)
169A  Round, top inside c-off, 14-up lbs.      5   13,616   $290.34     ($1.43)
171B  Round, outside round
171C  Round, eye of round                     44   36,320   $241.77       $8.19
      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.            24   40,445   $287.69       $3.49
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  19   22,247   $241.70     ($2.41)
185A  Loin, bottom sirloin butt flap, bnls.   42  187,415   $290.20       $1.33
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              42  121,601   $284.32       $0.44
112   Rib, ribeye roll, 8-up lbs.              4   17,093   $283.08       $0.01
100% LEAN
      Inside round - Combo                    20  265,984   $276.97     ($0.72)
      Inside round - Boxed                    38   95,008   $288.19     ($0.78)
      Outside round                            3   32,015   $233.72
      Eye of round                            25   50,879   $259.89     ($0.15)
      Flats and eyes - Combo                  15  184,712   $240.23       $3.62
      Flats and eyes - Boxed                            
      Striploin                               85  320,370   $347.85       $4.35
      S.P.B. - Combo                          13  220,569   $235.71       $2.09
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     34  105,258   $231.27     ($2.22)
167A  Round, knuckle, peeled                  35  255,448   $222.76       $0.50
190   Loin, tenderloin, 2-3 lbs.               7   51,964   $462.21     ($2.99)
190   Loin, tenderloin, 3-4 lbs.              58  193,097   $453.44       $3.20
190   Loin, tenderloin, 4-5 lbs.             149  232,673   $524.74     ($3.46)
190   Loin, tenderloin, 5-up lbs.             67   39,666   $556.93     ($2.26)
193   Flank, flank steak                      91  101,456   $330.40     ($2.20)
      Flank, rough                            48   75,333   $262.65       $4.74
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              6   22,823   $278.65     ($0.04)
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   10,093   $327.90     ($0.81)
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    9,353   $260.03       $0.54
--------------------------------------------------------------------------------
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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