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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 4/27/2017

LM_XB405
Des Moines, IA                 Thu, Apr 27, 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:               $170.13
Change from prior day:              ($0.39)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.13        $121.80       ($0.50)
100% lean inside round                      $288.80          $6.70         $0.02
100% lean, flats and eyes                   $251.02          $5.82         $0.01
100% lean, S.P.B.                           $245.17         $12.26         
Chuck Tender                                $224.87          $2.25         
Knuckle                   4-7 lbs.          $242.56          $6.14         $0.01
Tenderloin                2-3 lbs.          $373.55          $1.98         
Tenderloin                3-4 lbs.          $447.91          $3.31       ($0.01)
Ribeye Roll               4-6 lbs.          $253.98          $2.67       ($0.03)
Ribeye Roll               6-8 lbs.          $275.31          $2.04         $0.02
Ribeye Roll               8up lbs.          $302.40          $2.21         $0.03
Flank Steak                                 $298.83          $1.26         $0.06
Kidney, Edible                               $15.50          $0.07         
Fat, inedible                                $18.59          $0.43         
Bone                                          $4.97          $1.19         
--------------------------------------------------------------------------------
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                 27.60  loads --            1,104,190  pounds
Cutter/Canner Cuts                  1.32  loads --               52,780  pounds
Boner/Breaker/Cutter/Canner        17.18  loads --              687,252  pounds
100% Lean Items                    28.60  loads --            1,143,822  pounds
Frozen Cuts                         1.45  loads --               57,975  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8    4,760   $284.28       $9.42
112   Rib, ribeye roll, 8-10 lbs.             41  101,426   $277.74       $0.35
112   Rib, ribeye roll, 10-up lbs.            80  160,531   $289.56       $0.60
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   25,470   $379.30       $5.10
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                      7   77,420   $201.13     ($1.22)
120   Chuck, brisket                          19   49,774   $180.66       $0.05
168   Round, top inside, 10-dn lbs.            7   11,074   $219.11       $0.23
168   Round, top inside, 10-up lbs.           13   54,917   $227.01      $14.65
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     33  296,026   $284.45     ($3.52)
169A  Round, top inside c-off, 14-up lbs.      6   44,523   $282.79       $1.29
171B  Round, outside round                     5    8,061   $262.57     ($0.68)
171C  Round, eye of round                     44   51,917   $246.72       $2.70
      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.            19   41,650   $267.51       $1.13
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  26   79,868   $220.06       $0.46
185A  Loin, bottom sirloin butt flap, bnls.   48   91,827   $311.31     ($0.54)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              29   28,140   $275.31       $2.81
112   Rib, ribeye roll, 8-up lbs.              6   16,620   $302.40       $3.44
100% LEAN
      Inside round - Combo                    13  157,179   $285.97       $0.47
      Inside round - Boxed                    33  100,615   $293.21     ($1.18)
      Outside round                            8  101,486   $252.16       $1.51
      Eye of round                            18   71,228   $256.27     ($0.14)
      Flats and eyes - Combo                   9  136,000   $247.41       
      Flats and eyes - Boxed                            
      Striploin                               85  364,714   $282.97     ($2.04)
      S.P.B. - Combo                          16  200,000   $244.80     ($0.11)
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     36   84,743   $224.87       $0.18
167A  Round, knuckle, peeled                  16   47,918   $242.56       $0.35
190   Loin, tenderloin, 2-3 lbs.              12   10,155   $386.14       $0.56
190   Loin, tenderloin, 3-4 lbs.              40   86,423   $448.12     ($0.27)
190   Loin, tenderloin, 4-5 lbs.             137  244,899   $479.76       $2.41
190   Loin, tenderloin, 5-up lbs.             23   17,823   $473.06       $1.61
193   Flank, flank steak                      89   95,447   $302.68       $9.67
      Flank, rough                            58   99,844   $234.14       $1.96
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              6   31,825   $256.59       $2.86
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    6,084   $277.40       $3.30
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.               3      504   $119.93       
190   Loin, tenderloin, 3-4 lbs.
190   Loin, tenderloin, 4-5 lbs.               4    4,587   $417.05       
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak
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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
1530C
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