Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 5/1/2017

Past Market Reports

Report Date: 5/1/2017

LM_XB405
Des Moines, IA                 Mon, May 01, 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:               $171.51
Change from prior day:                $0.89
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Item                                          Price          Value        Change
90% lean                                    $219.29        $122.45         $0.65
100% lean inside round                      $288.80          $6.70         $0.02
100% lean, flats and eyes                   $251.66          $5.84         $0.02
100% lean, S.P.B.                           $244.05         $12.20       ($0.06)
Chuck Tender                                $225.18          $2.25         
Knuckle                   4-7 lbs.          $245.11          $6.20         $0.07
Tenderloin                2-3 lbs.          $389.03          $2.06         $0.03
Tenderloin                3-4 lbs.          $507.06          $3.75       ($0.01)
Ribeye Roll               4-6 lbs.          $254.03          $2.67         
Ribeye Roll               6-8 lbs.          $286.04          $2.12         $0.08
Ribeye Roll               8up lbs.          $305.52          $2.23         $0.02
Flank Steak                                 $294.68          $1.24       ($0.04)
Kidney, Edible                               $14.75          $0.07         
Fat, inedible                                $19.60          $0.45         $0.02
Bone                                          $5.33          $1.28         $0.09
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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                 27.67  loads --            1,106,697  pounds
Cutter/Canner Cuts                  1.62  loads --               64,783  pounds
Boner/Breaker/Cutter/Canner        15.77  loads --              630,627  pounds
100% Lean Items                    25.95  loads --            1,037,827  pounds
Frozen Cuts                         1.40  loads --               55,938  pounds
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IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6    3,920   $283.78     ($0.40)
112   Rib, ribeye roll, 8-10 lbs.             41  110,911   $277.63       $0.28
112   Rib, ribeye roll, 10-up lbs.            77  137,655   $293.13       $1.08
112A  Rib, ribeye roll-lip-on, 8-dn lbs.       5    4,675   $383.91     ($4.46)
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                      7   79,220   $201.70       $0.57
120   Chuck, brisket                          20   52,014   $180.92       $1.53
168   Round, top inside, 10-dn lbs.            6    9,288   $219.90       $0.79
168   Round, top inside, 10-up lbs.           10   33,185   $239.56       $4.83
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     44  428,483   $283.89     ($0.81)
169A  Round, top inside c-off, 14-up lbs.      4   43,236   $283.67       $0.83
171B  Round, outside round                     4    3,821   $264.55       $0.94
171C  Round, eye of round                     42   44,782   $249.69       $1.58
      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   47,643   $269.78       $3.40
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  25   32,650   $227.56       $6.70
185A  Loin, bottom sirloin butt flap, bnls.   42   73,801   $325.74       $0.50
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              37   48,453   $286.04      $10.60
112   Rib, ribeye roll, 8-up lbs.              3    8,310   $305.52       $3.12
100% LEAN
      Inside round - Combo                    12  156,304   $285.44       $0.72
      Inside round - Boxed                    38   98,547   $294.14       $1.21
      Outside round                            7   72,759   $254.74       $2.58
      Eye of round                            17   36,938   $254.52     ($0.97)
      Flats and eyes - Combo                  10  136,339   $249.25       $1.84
      Flats and eyes - Boxed                            
      Striploin                               76  356,340   $281.23     ($0.93)
      S.P.B. - Combo                          13  168,000   $243.53     ($1.27)
      S.P.B. - Boxed
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     38  104,412   $225.18       $0.41
167A  Round, knuckle, peeled                  17   61,153   $245.11       $2.74
190   Loin, tenderloin, 2-3 lbs.              11   15,278   $391.03       $1.32
190   Loin, tenderloin, 3-4 lbs.              35   33,131   $508.19     ($1.32)
190   Loin, tenderloin, 4-5 lbs.             132  204,044   $491.00       $8.49
190   Loin, tenderloin, 5-up lbs.             28   22,765   $469.71       $3.72
193   Flank, flank steak                      78   95,626   $301.01     ($7.56)
      Flank, rough                            60   94,218   $236.86       $1.37
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              4   25,280   $255.93       
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.
190   Loin, tenderloin, 3-4 lbs.
190   Loin, tenderloin, 4-5 lbs.               5    6,547   $419.73       $2.68
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       4   14,469   $252.85
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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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