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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 4/17/2017

LM_XB405
Des Moines, IA                 Mon, Apr 17, 2017                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:               $170.17
Change from prior day:                $1.16
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.19        $121.84         $1.23
100% lean inside round                      $286.42          $6.65       ($0.01)
100% lean, flats and eyes                   $251.77          $5.84       ($0.07)
100% lean, S.P.B.                           $245.51         $12.28       ($0.12)
Chuck Tender                                $217.26          $2.17         
Knuckle                   4-7 lbs.          $244.28          $6.18         $0.05
Tenderloin                2-3 lbs.          $355.34          $1.88         $0.05
Tenderloin                3-4 lbs.          $450.56          $3.33       ($0.03)
Ribeye Roll               4-6 lbs.          $265.00          $2.78         
Ribeye Roll               6-8 lbs.          $276.82          $2.05         
Ribeye Roll               8up lbs.          $298.00          $2.18         
Flank Steak                                 $282.85          $1.19         $0.03
Kidney, Edible                               $16.00          $0.07         
Fat, inedible                                $18.59          $0.43         
Bone                                          $5.42          $1.30         $0.03
--------------------------------------------------------------------------------
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                 33.89  loads --            1,355,547  pounds
Cutter/Canner Cuts                  0.87  loads --               34,651  pounds
Boner/Breaker/Cutter/Canner        15.73  loads --              629,162  pounds
100% Lean Items                    17.36  loads --              694,579  pounds
Frozen Cuts                         3.58  loads --              143,330  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             35  113,804   $270.44     ($0.52)
112   Rib, ribeye roll, 10-up lbs.            92  151,754   $281.52       $1.83
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      15   18,834   $348.03       $1.58
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                      8   78,420   $201.88       $3.07
120   Chuck, brisket                          29   89,691   $183.35       $0.70
168   Round, top inside, 10-dn lbs.            5   17,841   $208.97       
168   Round, top inside, 10-up lbs.           12   48,721   $205.57       $2.17
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     22  190,307   $279.28     ($2.92)
169A  Round, top inside c-off, 14-up lbs.     10   37,576   $277.66       $1.31
171B  Round, outside round                     6   10,591   $260.12       $0.23
171C  Round, eye of round                     42   51,173   $249.76       $6.71
      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   93,230   $258.23      $12.01
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  33  194,764   $207.57     ($0.90)
185A  Loin, bottom sirloin butt flap, bnls.   52  244,728   $274.06    ($50.17)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              31   31,871   $276.82       $0.18
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     4   64,755   $283.26       $0.32
      Inside round - Boxed                    28   44,989   $290.97       $0.09
      Outside round                            5   46,937   $254.82     ($1.69)
      Eye of round                             6   17,053   $260.11     ($1.68)
      Flats and eyes - Combo                   8  126,000   $249.51     ($1.73)
      Flats and eyes - Boxed                            
      Striploin                               67  208,845   $278.22     ($2.23)
      S.P.B. - Combo                          13  186,000   $245.51     ($2.48)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     34  104,936   $217.26       $0.57
167A  Round, knuckle, peeled                  13   40,824   $244.28       $1.98
190   Loin, tenderloin, 2-3 lbs.              21   21,899   $377.82       $4.81
190   Loin, tenderloin, 3-4 lbs.              42   57,185   $450.84     ($3.06)
190   Loin, tenderloin, 4-5 lbs.             148  174,678   $465.77      $12.73
190   Loin, tenderloin, 5-up lbs.             24   55,851   $462.66       $9.86
193   Flank, flank steak                      88  100,228   $300.17       $9.05
      Flank, rough                            55   73,561   $245.51     ($2.11)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    9,975   $267.20
112   Rib, ribeye roll, 8-10 lbs.              6   19,783   $265.81     ($2.41)
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   28,132   $223.36
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.               5   45,451   $443.28     ($0.83)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       9   35,510   $233.96     ($1.08)
--------------------------------------------------------------------------------
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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