Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 5/19/2017

Past Market Reports

Report Date: 5/19/2017

LM_XB405
Des Moines, IA                 Fri, May 19, 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:               $176.39
Change from prior day:              ($1.40)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $226.99        $126.75       ($1.46)
100% lean inside round                      $303.40          $7.04         
100% lean, flats and eyes                   $248.23          $5.76         
100% lean, S.P.B.                           $242.44         $12.12         
Chuck Tender                                $237.01          $2.37         $0.01
Knuckle                   4-7 lbs.          $254.93          $6.45         $0.02
Tenderloin                2-3 lbs.          $400.90          $2.12         
Tenderloin                3-4 lbs.          $499.38          $3.70       ($0.01)
Ribeye Roll               4-6 lbs.          $261.33          $2.74         
Ribeye Roll               6-8 lbs.          $286.38          $2.12         
Ribeye Roll               8up lbs.          $308.00          $2.25       ($0.01)
Flank Steak                                 $307.20          $1.29         $0.05
Kidney, Edible                               $14.67          $0.07         
Fat, inedible                                $20.94          $0.49         
Bone                                          $4.66          $1.12         
--------------------------------------------------------------------------------
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                 23.60  loads --              943,854  pounds
Cutter/Canner Cuts                  2.19  loads --               87,643  pounds
Boner/Breaker/Cutter/Canner        18.85  loads --              753,803  pounds
100% Lean Items                    20.65  loads --              825,972  pounds
Frozen Cuts                         2.03  loads --               81,214  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   14,088   $292.45       $0.23
112   Rib, ribeye roll, 8-10 lbs.             39   49,199   $295.78       $6.04
112   Rib, ribeye roll, 10-up lbs.            86  141,891   $323.01       $1.15
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      12   22,128   $442.70       $5.51
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                     15   89,232   $207.10     ($1.93)
120   Chuck, brisket                          23   56,852   $200.97       $0.03
168   Round, top inside, 10-dn lbs.            6   12,558   $238.05       $0.08
168   Round, top inside, 10-up lbs.           12   28,216   $254.38    ($10.87)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     29  267,798   $290.88     ($0.02)
169A  Round, top inside c-off, 14-up lbs.      3   25,402   $287.56       $0.78
171B  Round, outside round                     6    8,231   $263.36     ($0.30)
171C  Round, eye of round                     57   44,161   $245.89     ($2.91)
      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.            23   62,225   $305.51       $1.94
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  24   42,206   $249.86      $11.20
185A  Loin, bottom sirloin butt flap, bnls.   41   64,124   $369.22      $20.59
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3    9,478   $253.64       
112   Rib, ribeye roll, 6-8 lbs.              48   74,415   $286.38     ($0.43)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     7   51,246   $295.08     ($1.00)
      Inside round - Boxed                    28   63,632   $310.10     ($1.06)
      Outside round                            7   56,064   $251.23       
      Eye of round                            13   43,720   $258.68       $0.30
      Flats and eyes - Combo                   7  130,000   $243.41       
      Flats and eyes - Boxed                            
      Striploin                               83  281,310   $286.64       $0.05
      S.P.B. - Combo                          14  200,000   $242.44     ($0.03)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     40  119,469   $237.01       $0.93
167A  Round, knuckle, peeled                   9   33,205   $254.93       $0.87
190   Loin, tenderloin, 2-3 lbs.              15   16,925   $400.90       $0.22
190   Loin, tenderloin, 3-4 lbs.              40   80,599   $499.38     ($2.08)
190   Loin, tenderloin, 4-5 lbs.             151  246,558   $527.95       $0.54
190   Loin, tenderloin, 5-up lbs.             35   57,629   $528.65      $23.87
193   Flank, flank steak                      84  106,555   $312.41       $8.52
      Flank, rough                            65   92,863   $252.96       $1.89
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   23,625   $276.47       $4.35
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.             5    9,932   $273.03      $17.46
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                       6   12,985   $264.43       $4.08
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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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