Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 5/21/2019

Past Market Reports

Report Date: 5/21/2019

LM_XB405
Des Moines, IA                 Tue, May 21, 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:               $172.64
Change from prior day:              ($0.44)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $223.09        $124.57       ($0.49)
100% lean inside round                      $283.60          $6.58         $0.01
100% lean, flats and eyes                   $244.88          $5.68         
100% lean, S.P.B.                           $242.65         $12.13         $0.02
Chuck Tender                                $234.92          $2.35         $0.02
Knuckle                   4-7 lbs.          $227.84          $5.76         
Tenderloin                2-3 lbs.          $475.39          $2.52         $0.02
Tenderloin                3-4 lbs.          $469.87          $3.48       ($0.03)
Ribeye Roll               4-6 lbs.          $249.95          $2.62         
Ribeye Roll               6-8 lbs.          $276.92          $2.05         $0.02
Ribeye Roll               8up lbs.          $288.00          $2.10         
Flank Steak                                 $318.13          $1.34       ($0.01)
Kidney, Edible                               $20.24          $0.09         
Fat, inedible                                $17.59          $0.41         
Bone                                          $4.00          $0.96         
--------------------------------------------------------------------------------
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                 21.26  loads --              850,331  pounds
Cutter/Canner Cuts                  2.48  loads --               99,117  pounds
Boner/Breaker/Cutter/Canner        24.67  loads --              986,614  pounds
100% Lean Items                    31.84  loads --            1,273,404  pounds
Frozen Cuts                         1.35  loads --               53,995  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
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BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   71,862   $295.90       $0.13
112   Rib, ribeye roll, 8-10 lbs.             34   56,871   $307.68     ($2.62)
112   Rib, ribeye roll, 10-up lbs.           174  115,938   $349.36       $0.46
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      17   31,548   $408.89       $5.62
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                               
120   Chuck, brisket                          21   37,288   $224.72     ($6.75)
168   Round, top inside, 10-dn lbs.            5   19,077   $213.13     ($1.73)
168   Round, top inside, 10-up lbs.           11   32,845   $233.79       $0.37
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     20  200,040   $290.81     ($0.08)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round
171C  Round, eye of round                     62   51,300   $236.52     ($7.29)
      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.            20   53,588   $267.79     ($2.96)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  16   23,464   $236.07     ($1.25)
185A  Loin, bottom sirloin butt flap, bnls.   44  145,341   $320.62       $6.79
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              30   96,262   $276.92       $2.18
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    26  353,240   $282.81       $0.82
      Inside round - Boxed                    41  112,538   $286.09     ($0.44)
      Outside round
      Eye of round                            15   27,634   $266.45       $2.28
      Flats and eyes - Combo                  14  167,185   $241.85     ($1.39)
      Flats and eyes - Boxed                            
      Striploin                               72  242,656   $350.70       $0.02
      S.P.B. - Combo                          18  337,927   $242.65       $0.54
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     29   82,101   $234.92       $2.19
167A  Round, knuckle, peeled                  41  311,056   $227.84       $0.31
190   Loin, tenderloin, 2-3 lbs.              12   42,490   $475.39       $4.53
190   Loin, tenderloin, 3-4 lbs.              57  122,900   $469.87     ($4.23)
190   Loin, tenderloin, 4-5 lbs.             156  213,400   $537.38       $4.61
190   Loin, tenderloin, 5-up lbs.             57   38,563   $535.49     ($3.38)
193   Flank, flank steak                      82   94,681   $323.41     ($1.98)
      Flank, rough                            51   81,423   $262.89     ($2.27)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.
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   13,440   $333.00       $0.09
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    8,694   $260.61     ($0.76)
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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
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