Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 5/12/2017

Past Market Reports

Report Date: 5/12/2017

LM_XB405
Des Moines, IA                 Fri, May 12, 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:               $173.42
Change from prior day:              ($0.12)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $223.02        $124.53       ($0.15)
100% lean inside round                      $294.47          $6.83         
100% lean, flats and eyes                   $249.61          $5.79         
100% lean, S.P.B.                           $241.41         $12.07         
Chuck Tender                                $234.60          $2.35         $0.03
Knuckle                   4-7 lbs.          $246.65          $6.24         $0.01
Tenderloin                2-3 lbs.          $395.70          $2.10         
Tenderloin                3-4 lbs.          $484.40          $3.58         $0.02
Ribeye Roll               4-6 lbs.          $256.91          $2.70         
Ribeye Roll               6-8 lbs.          $280.89          $2.08         
Ribeye Roll               8up lbs.          $309.05          $2.26         $0.01
Flank Steak                                 $309.18          $1.30       ($0.04)
Kidney, Edible                               $14.75          $0.07         
Fat, inedible                                $19.60          $0.45         
Bone                                          $4.46          $1.07         
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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                 25.03  loads --            1,001,320  pounds
Cutter/Canner Cuts                  2.48  loads --               99,266  pounds
Boner/Breaker/Cutter/Canner        17.47  loads --              698,658  pounds
100% Lean Items                    23.21  loads --              928,351  pounds
Frozen Cuts                         1.95  loads --               77,972  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              11    7,160   $280.02       $1.41
112   Rib, ribeye roll, 8-10 lbs.             30   77,678   $285.59     ($0.69)
112   Rib, ribeye roll, 10-up lbs.            80  128,097   $318.66       $0.58
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      25   43,451   $416.48     ($0.37)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       6   13,196   $424.67     ($0.26)
      Chuck, boneless 85%                      8   91,224   $206.68       
120   Chuck, brisket                          27   88,400   $196.81       $0.66
168   Round, top inside, 10-dn lbs.            5    2,629   $228.59       $1.45
168   Round, top inside, 10-up lbs.           12   30,178   $249.06     ($4.51)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     23  191,508   $285.01     ($0.60)
169A  Round, top inside c-off, 14-up lbs.      5   26,266   $286.00       $0.35
171B  Round, outside round                     5    4,227   $261.37       $1.01
171C  Round, eye of round                     41   73,103   $236.90       $2.18
      Loin, Semi-Bnls Short Loin, 13-dn lbs.   0        0     
      Loin, Semi-Bnls Short Loin, 13-up lbs.   0        0     
180   Loin, strip, bnls, 7-9 lbs.              0        0     
180   Loin, strip, bnls, 9-up lbs.            24   41,801   $274.73       $0.75
182   Loin, sirloin butt                       0        0     
184   Loin, top sirloin butt                  26   53,091   $238.58    ($10.50)
185A  Loin, bottom sirloin butt flap, bnls.   54  125,290   $349.11     ($5.48)
191A  Loin, butt tender, peeled                0        0     
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              43   64,888   $280.89       $0.19
112   Rib, ribeye roll, 8-up lbs.              5   27,225   $309.05
100% LEAN
      Inside round - Combo                    12  126,097   $290.52       $0.69
      Inside round - Boxed                    25   55,333   $303.47     ($0.36)
      Outside round                            3   48,488   $246.30       
      Eye of round                            19   63,006   $260.58     ($0.06)
      Flats and eyes - Combo                  11  132,000   $245.59       
      Flats and eyes - Boxed                   0        0     
      Striploin                               85  293,427   $283.94       $1.38
      S.P.B. - Combo                          15  210,000   $241.41       
      S.P.B. - Boxed                           0        0     
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     36   91,511   $234.60       $2.13
167A  Round, knuckle, peeled                  23   86,202   $246.65       $0.39
190   Loin, tenderloin, 2-3 lbs.              14   13,306   $395.70       $0.33
190   Loin, tenderloin, 3-4 lbs.              30   44,911   $484.40       $3.80
190   Loin, tenderloin, 4-5 lbs.             142  209,941   $512.79       $5.81
190   Loin, tenderloin, 5-up lbs.             32   78,449   $484.31      $11.42
193   Flank, flank steak                     100   91,108   $320.50     ($5.58)
      Flank, rough                            45   83,230   $244.73     ($2.07)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             10   33,477   $270.15       $0.29
112   Rib, ribeye roll, 10-up lbs.             0        0     
112A  Rib, ribeye roll-lip-on, 8-dn lbs.       0        0     
112A  Rib, ribeye roll-lip-on, 8-up lbs.       0        0     
169A  Round, top inside c-off, 8-10 lbs.       0        0     
169A  Round, top inside c-off, 10-14 lbs.
169A  Round, top inside c-off, 14-up lbs.      0        0     
180   Loin, strip, bnls, 7-9 lbs.              0        0     
180   Loin, strip, bnls, 9-up lbs.             3    3,380   $254.69
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               0        0     
112   Rib, ribeye roll, 6-8 lbs.               0        0     
112   Rib, ribeye roll, 8-up lbs.              0        0     
FROZEN BONER/BREAKER & CUTTER/CANNER
190   Loin, tenderloin, 2-3 lbs.               0        0     
190   Loin, tenderloin, 3-4 lbs.               0        0     
190   Loin, tenderloin, 4-5 lbs.               3    8,328   $484.62
190   Loin, tenderloin, 5-up lbs.              0        0     
193   Flank, flank steak                       8   16,474   $246.54      $17.45
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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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