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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/31/2019

LM_XB405
Des Moines, IA                 Fri, May 31, 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:               $173.54
Change from prior day:                $0.19
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $223.79        $124.96         $0.06
100% lean inside round                      $284.49          $6.60         
100% lean, flats and eyes                   $252.44          $5.86         $0.01
100% lean, S.P.B.                           $247.56         $12.38         
Chuck Tender                                $230.72          $2.31         $0.03
Knuckle                   4-7 lbs.          $234.86          $5.94         $0.07
Tenderloin                2-3 lbs.          $462.11          $2.45         
Tenderloin                3-4 lbs.          $466.03          $3.45       ($0.01)
Ribeye Roll               4-6 lbs.          $249.49          $2.62         $0.05
Ribeye Roll               6-8 lbs.          $280.98          $2.08       ($0.01)
Ribeye Roll               8up lbs.          $288.00          $2.10         
Flank Steak                                 $318.14          $1.34       ($0.01)
Kidney, Edible                               $18.57          $0.09         
Fat, inedible                                $18.26          $0.42         
Bone                                          $3.90          $0.94         
--------------------------------------------------------------------------------
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                 23.38  loads --              935,312  pounds
Cutter/Canner Cuts                  1.48  loads --               59,100  pounds
Boner/Breaker/Cutter/Canner        16.67  loads --              666,822  pounds
100% Lean Items                    29.74  loads --            1,189,478  pounds
Frozen Cuts                         2.54  loads --              101,681  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              13   80,814   $300.13       $0.01
112   Rib, ribeye roll, 8-10 lbs.             39   59,776   $310.71       $0.67
112   Rib, ribeye roll, 10-up lbs.           166  216,125   $321.77       $1.46
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   47,546   $417.21       $2.22
112A  Rib, ribeye roll-lip-on, 8-up lbs.       9   37,819   $401.15       $3.00
      Chuck, boneless 85%                               
120   Chuck, brisket                          21   24,699   $248.02    ($10.32)
168   Round, top inside, 10-dn lbs.            9   15,941   $217.21       $2.84
168   Round, top inside, 10-up lbs.           11   40,980   $248.03       $3.82
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     23  238,470   $293.34       $0.20
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     3    5,005   $235.54     ($3.45)
171C  Round, eye of round                     42   41,472   $250.17    ($13.27)
      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.            27   39,960   $288.43    ($21.06)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  14   12,151   $249.20     ($0.64)
185A  Loin, bottom sirloin butt flap, bnls.   27   74,039   $299.49       $4.46
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              25   56,265   $280.98     ($1.61)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    16  238,310   $282.97       $0.49
      Inside round - Boxed                    33   64,668   $290.12       $2.33
      Outside round
      Eye of round                            22   48,668   $273.48       $3.22
      Flats and eyes - Combo                  15  217,673   $249.28       $0.86
      Flats and eyes - Boxed                            
      Striploin                               71  280,645   $337.05     ($3.06)
      S.P.B. - Combo                          17  307,480   $247.56     ($0.01)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     27   57,728   $230.72       $2.52
167A  Round, knuckle, peeled                  28  130,524   $234.86       $2.87
190   Loin, tenderloin, 2-3 lbs.              11   54,639   $462.11     ($1.00)
190   Loin, tenderloin, 3-4 lbs.              44   98,984   $466.44     ($2.03)
190   Loin, tenderloin, 4-5 lbs.             113  133,774   $537.76       $8.48
190   Loin, tenderloin, 5-up lbs.             58   45,822   $560.15       $1.16
193   Flank, flank steak                      78   81,052   $330.39     ($3.05)
      Flank, rough                            45   64,299   $261.45       $1.95
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              8   18,798   $289.68     ($0.78)
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.             3    5,057   $328.00     ($2.99)
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.               6   32,442   $479.81     ($3.53)
190   Loin, tenderloin, 5-up lbs.
193   Flank, flank steak                      12   15,692   $254.89     ($2.29)
--------------------------------------------------------------------------------
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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