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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 5/10/2017

LM_XB405
Des Moines, IA                 Wed, May 10, 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:               $172.18
Change from prior day:              ($0.58)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $220.95        $123.38       ($0.54)
100% lean inside round                      $293.36          $6.81         $0.08
100% lean, flats and eyes                   $249.56          $5.79       ($0.01)
100% lean, S.P.B.                           $241.58         $12.08         $0.01
Chuck Tender                                $232.11          $2.32         
Knuckle                   4-7 lbs.          $246.27          $6.23       ($0.02)
Tenderloin                2-3 lbs.          $390.11          $2.07         $0.09
Tenderloin                3-4 lbs.          $482.63          $3.57       ($0.06)
Ribeye Roll               4-6 lbs.          $256.91          $2.70       ($0.16)
Ribeye Roll               6-8 lbs.          $280.17          $2.07         $0.01
Ribeye Roll               8up lbs.          $308.00          $2.25         
Flank Steak                                 $313.57          $1.32         $0.02
Kidney, Edible                               $14.75          $0.07         
Fat, inedible                                $19.60          $0.45         
Bone                                          $4.46          $1.07         
--------------------------------------------------------------------------------
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                 26.36  loads --            1,054,556  pounds
Cutter/Canner Cuts                  2.23  loads --               89,380  pounds
Boner/Breaker/Cutter/Canner        18.94  loads --              757,485  pounds
100% Lean Items                    24.09  loads --              963,462  pounds
Frozen Cuts                         0.62  loads --               24,811  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10    6,810   $278.72       $1.42
112   Rib, ribeye roll, 8-10 lbs.             18   38,420   $288.72       $4.84
112   Rib, ribeye roll, 10-up lbs.            96  176,214   $312.06       $3.03
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      21   29,542   $413.90       $9.41
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                      9  117,224   $205.20       $0.61
120   Chuck, brisket                          28  119,845   $191.10       $1.48
168   Round, top inside, 10-dn lbs.            5    4,056   $226.68       $1.03
168   Round, top inside, 10-up lbs.           11   26,607   $249.07      $12.56
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     30  270,876   $288.68     ($3.56)
169A  Round, top inside c-off, 14-up lbs.      5   31,716   $285.65       $0.11
171B  Round, outside round                     5    4,203   $259.89     ($1.47)
171C  Round, eye of round                     39   57,448   $236.73       $0.67
      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.            26   54,754   $273.27       $3.13
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  22   27,028   $247.25       $8.76
185A  Loin, bottom sirloin butt flap, bnls.   42   80,393   $377.79      $10.85
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              45   78,477   $280.17       $1.20
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    12  134,351   $289.53       $2.00
      Inside round - Boxed                    30   57,825   $302.26       $1.81
      Outside round                            3   48,488   $246.30       
      Eye of round                            17   58,717   $261.96     ($0.46)
      Flats and eyes - Combo                  11  130,039   $245.17       $0.09
      Flats and eyes - Boxed                            
      Striploin                               80  314,042   $282.54       $1.15
      S.P.B. - Combo                          16  220,000   $241.58       $0.14
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     42  134,752   $232.11     ($0.15)
167A  Round, knuckle, peeled                  19   78,231   $246.27     ($0.79)
190   Loin, tenderloin, 2-3 lbs.              17   13,785   $393.17      $17.78
190   Loin, tenderloin, 3-4 lbs.              29   43,507   $482.63     ($8.22)
190   Loin, tenderloin, 4-5 lbs.             143  271,380   $496.67       $3.99
190   Loin, tenderloin, 5-up lbs.             25   46,372   $464.78       $4.11
193   Flank, flank steak                      93   84,508   $317.66     ($4.49)
      Flank, rough                            49   84,950   $247.71     ($2.09)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              3   19,122   $269.86       $2.35
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.                      
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.                        
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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