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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/16/2019

LM_XB405
Des Moines, IA                 Thu, May 16, 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:               $172.61
Change from prior day:                $1.03
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $223.73        $124.93         $0.69
100% lean inside round                      $281.31          $6.53       ($0.03)
100% lean, flats and eyes                   $244.55          $5.67         
100% lean, S.P.B.                           $239.78         $11.99         $0.04
Chuck Tender                                $232.86          $2.33         $0.02
Knuckle                   4-7 lbs.          $225.41          $5.70         $0.11
Tenderloin                2-3 lbs.          $468.70          $2.48         $0.03
Tenderloin                3-4 lbs.          $466.52          $3.45         $0.18
Ribeye Roll               4-6 lbs.          $249.95          $2.62         
Ribeye Roll               6-8 lbs.          $280.61          $2.08       ($0.02)
Ribeye Roll               8up lbs.          $288.66          $2.11         
Flank Steak                                 $324.11          $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                 20.72  loads --              828,828  pounds
Cutter/Canner Cuts                  3.15  loads --              126,046  pounds
Boner/Breaker/Cutter/Canner        24.34  loads --              973,559  pounds
100% Lean Items                    30.40  loads --            1,215,937  pounds
Frozen Cuts                         1.79  loads --               71,586  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              13   66,908   $294.63       $3.98
112   Rib, ribeye roll, 8-10 lbs.             36   72,830   $311.58       $1.46
112   Rib, ribeye roll, 10-up lbs.           172   99,610   $347.06       $3.75
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      19   22,730   $395.38     ($2.81)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       8   46,335   $396.30    ($16.07)
      Chuck, boneless 85%                               
120   Chuck, brisket                          16   15,888   $227.96       $1.85
168   Round, top inside, 10-dn lbs.            7   17,250   $214.34       $4.88
168   Round, top inside, 10-up lbs.            9   25,773   $214.27    ($13.25)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     19  214,548   $291.57     ($0.27)
169A  Round, top inside c-off, 14-up lbs.      3   11,251   $290.56     ($0.43)
171B  Round, outside round                     3    7,289   $199.47
171C  Round, eye of round                     51   41,553   $245.45       $4.46
      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   61,689   $272.11    ($14.81)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  21   19,835   $250.23       $7.98
185A  Loin, bottom sirloin butt flap, bnls.   35   93,168   $346.16      $49.81
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              42  120,476   $280.61     ($3.33)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    18  219,736   $279.31     ($1.52)
      Inside round - Boxed                    41  117,707   $285.03     ($0.52)
      Outside round                            3   32,015   $233.72       
      Eye of round                            22   50,606   $259.86     ($0.05)
      Flats and eyes - Combo                  17  227,439   $242.67       $0.46
      Flats and eyes - Boxed                            
      Striploin                               92  287,187   $346.71       $0.13
      S.P.B. - Combo                          15  281,247   $239.78       $0.71
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32  101,817   $232.86       $1.75
167A  Round, knuckle, peeled                  40  234,596   $225.41       $4.44
190   Loin, tenderloin, 2-3 lbs.              13   55,271   $468.70       $6.17
190   Loin, tenderloin, 3-4 lbs.              50  135,514   $472.79      $27.83
190   Loin, tenderloin, 4-5 lbs.             164  217,034   $544.32      $18.08
190   Loin, tenderloin, 5-up lbs.             61   41,146   $556.51       $0.38
193   Flank, flank steak                     104  110,498   $331.34       $4.11
      Flank, rough                            46   77,683   $263.04     ($0.20)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              6   19,494   $283.10       $1.24
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.             6   15,133   $331.82       $2.65
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                       8   12,371   $259.54     ($0.39)
--------------------------------------------------------------------------------
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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