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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 4/28/2017

LM_XB405
Des Moines, IA                 Fri, Apr 28, 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:               $170.62
Change from prior day:                $0.49
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.13        $121.80         
100% lean inside round                      $288.10          $6.68       ($0.02)
100% lean, flats and eyes                   $250.88          $5.82         
100% lean, S.P.B.                           $245.17         $12.26         
Chuck Tender                                $224.77          $2.25         
Knuckle                   4-7 lbs.          $242.37          $6.13       ($0.01)
Tenderloin                2-3 lbs.          $382.25          $2.03         $0.05
Tenderloin                3-4 lbs.          $508.47          $3.76         $0.45
Ribeye Roll               4-6 lbs.          $253.98          $2.67         
Ribeye Roll               6-8 lbs.          $275.44          $2.04         
Ribeye Roll               8up lbs.          $302.40          $2.21         
Flank Steak                                 $304.25          $1.28         $0.02
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                 24.63  loads --              985,062  pounds
Cutter/Canner Cuts                  1.33  loads --               53,319  pounds
Boner/Breaker/Cutter/Canner        16.32  loads --              652,792  pounds
100% Lean Items                    28.23  loads --            1,129,289  pounds
Frozen Cuts                         1.29  loads --               51,430  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7    4,270   $284.18     ($0.10)
112   Rib, ribeye roll, 8-10 lbs.             37  104,215   $277.35     ($0.39)
112   Rib, ribeye roll, 10-up lbs.            77  124,751   $292.05       $2.49
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      12   10,825   $388.37       $9.07
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                      7   77,420   $201.13       
120   Chuck, brisket                          18   56,968   $179.39     ($1.27)
168   Round, top inside, 10-dn lbs.            7   11,074   $219.11       
168   Round, top inside, 10-up lbs.           12   39,598   $234.73       $7.72
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     30  255,893   $284.70       $0.25
169A  Round, top inside c-off, 14-up lbs.      5   44,282   $282.84       $0.05
171B  Round, outside round                     4    3,821   $263.61       $1.04
171C  Round, eye of round                     39   46,417   $248.11       $1.39
      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.            17   50,343   $266.38     ($1.13)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  29   79,698   $220.86       $0.80
185A  Loin, bottom sirloin butt flap, bnls.   43   74,074   $325.24      $13.93
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              28   28,679   $275.44       $0.13
112   Rib, ribeye roll, 8-up lbs.              6   16,620   $302.40       
100% LEAN
      Inside round - Combo                    14  160,129   $284.72     ($1.25)
      Inside round - Boxed                    41  111,895   $292.93     ($0.28)
      Outside round                            8  101,486   $252.16       
      Eye of round                            21   74,420   $255.49     ($0.78)
      Flats and eyes - Combo                   9  136,000   $247.41       
      Flats and eyes - Boxed                            
      Striploin                               87  332,759   $282.16     ($0.81)
      S.P.B. - Combo                          16  200,000   $244.80       
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     41  106,238   $224.77     ($0.10)
167A  Round, knuckle, peeled                  19   50,535   $242.37     ($0.19)
190   Loin, tenderloin, 2-3 lbs.              14   17,720   $389.71       $3.57
190   Loin, tenderloin, 3-4 lbs.              38   36,259   $509.51      $61.39
190   Loin, tenderloin, 4-5 lbs.             132  234,387   $482.51       $2.75
190   Loin, tenderloin, 5-up lbs.             25   21,913   $465.99     ($7.07)
193   Flank, flank steak                      87   94,589   $308.57       $5.89
      Flank, rough                            61   91,151   $235.49       $1.35
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              4   25,280   $255.93     ($0.66)
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       
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
--------------------------------------------------------------------------------
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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