Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 5/28/2019

Past Market Reports

Report Date: 5/28/2019

LM_XB405
Des Moines, IA                 Tue, May 28, 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:               $172.55
Change from prior day:                $0.43
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $224.17        $125.18         $0.48
100% lean inside round                      $279.10          $6.48       ($0.08)
100% lean, flats and eyes                   $250.85          $5.82         $0.07
100% lean, S.P.B.                           $248.52         $12.43         $0.21
Chuck Tender                                $227.66          $2.28       ($0.01)
Knuckle                   4-7 lbs.          $230.16          $5.82         $0.03
Tenderloin                2-3 lbs.          $468.42          $2.48         $0.01
Tenderloin                3-4 lbs.          $348.72          $2.58       ($0.26)
Ribeye Roll               4-6 lbs.          $243.24          $2.55        
Ribeye Roll               6-8 lbs.          $279.65          $2.07       ($0.01)
Ribeye Roll               8up lbs.          $288.00          $2.10        
Flank Steak                                 $312.78          $1.31        
Kidney, Edible                               $18.57          $0.09        
Fat, inedible                                $18.26          $0.42         $0.01
Bone                                          $3.90          $0.94       ($0.02)
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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                 23.26  loads --              930,438  pounds
Cutter/Canner Cuts                  1.71  loads --               68,426  pounds
Boner/Breaker/Cutter/Canner        15.97  loads --              638,662  pounds
100% Lean Items                    32.99  loads --            1,319,665  pounds
Frozen Cuts                         4.43  loads --              177,349  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              12   90,020   $300.49       $3.12
112   Rib, ribeye roll, 8-10 lbs.             36   73,221   $307.79       $3.04
112   Rib, ribeye roll, 10-up lbs.           192  225,079   $315.72    ($19.22)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23   42,662   $416.66       $3.30
112A  Rib, ribeye roll-lip-on, 8-up lbs.      15   48,065   $386.26      $18.60
      Chuck, boneless 85%                              
120   Chuck, brisket                          20   16,726   $263.69      $35.20
168   Round, top inside, 10-dn lbs.            4    3,199   $219.87       $8.29
168   Round, top inside, 10-up lbs.           10   28,978   $227.69      $12.27
169A  Round, top inside c-off, 8-10 lbs.               
169A  Round, top inside c-off, 10-14 lbs.     17  202,037   $291.12       $0.35
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round
171C  Round, eye of round                     41   95,237   $264.61       $7.75
      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   38,517   $310.41     ($7.04)
182   Loin, sirloin butt                               
184   Loin, top sirloin butt                  17   18,129   $248.45     ($1.55)
185A  Loin, bottom sirloin butt flap, bnls.   25   46,339   $321.71      $22.25
191A  Loin, butt tender, peeled                        
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              29   67,804   $283.53     ($0.72)
112   Rib, ribeye roll, 8-up lbs.                      
100% LEAN
      Inside round - Combo                    20  249,245   $275.97     ($5.75)
      Inside round - Boxed                    33   83,464   $288.44       $0.83
      Outside round
      Eye of round                            18   48,128   $268.04       $1.29
      Flats and eyes - Combo                  22  305,099   $249.09       $3.55
      Flats and eyes - Boxed                           
      Striploin                               61  226,652   $339.70    ($11.84)
      S.P.B. - Combo                          21  375,043   $248.52       $4.10
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     22   48,346   $227.66     ($1.62)
167A  Round, knuckle, peeled                  30  154,218   $230.16       $1.14
190   Loin, tenderloin, 2-3 lbs.              10   44,591   $468.42       $1.86
190   Loin, tenderloin, 3-4 lbs.              42   79,713   $473.28    ($21.60)
190   Loin, tenderloin, 4-5 lbs.             125  157,660   $542.48       $2.82
190   Loin, tenderloin, 5-up lbs.             68   45,538   $558.28      $11.12
193   Flank, flank steak                      62   54,784   $329.17       $6.43
      Flank, rough                            37   53,812   $261.73     ($1.60)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4   10,208   $289.83       $0.11
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   16,817   $332.99     ($0.01)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4   25,030   $242.38      
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.               4   44,426   $125.24       $0.02
190   Loin, tenderloin, 4-5 lbs.
190   Loin, tenderloin, 5-up lbs.                      
193   Flank, flank steak                      10   16,217   $257.45     ($4.37)
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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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