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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 6/2/2017

LM_XB405
Des Moines, IA                 Fri, Jun 02, 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:               $178.19
Change from prior day:              ($0.41)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $228.35        $127.51       ($0.61)
100% lean inside round                      $306.63          $7.11       ($0.01)
100% lean, flats and eyes                   $252.76          $5.86         $0.02
100% lean, S.P.B.                           $247.50         $12.38         $0.14
Chuck Tender                                $238.46          $2.38       ($0.02)
Knuckle                   4-7 lbs.          $253.18          $6.41         
Tenderloin                2-3 lbs.          $403.71          $2.14       ($0.16)
Tenderloin                3-4 lbs.          $565.88          $4.19         $0.19
Ribeye Roll               4-6 lbs.          $268.38          $2.82         
Ribeye Roll               6-8 lbs.          $299.61          $2.22         $0.02
Ribeye Roll               8up lbs.          $308.00          $2.25         
Flank Steak                                 $312.74          $1.31         $0.02
Kidney, Edible                               $16.37          $0.08         
Fat, inedible                                $21.94          $0.51         
Bone                                          $4.26          $1.02         
--------------------------------------------------------------------------------
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                 26.45  loads --            1,057,894  pounds
Cutter/Canner Cuts                  1.41  loads --               56,520  pounds
Boner/Breaker/Cutter/Canner        15.46  loads --              618,289  pounds
100% Lean Items                    26.22  loads --            1,048,727  pounds
Frozen Cuts                         1.60  loads --               64,183  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6    6,866   $301.17       $2.17
112   Rib, ribeye roll, 8-10 lbs.             34   65,919   $294.94     ($3.01)
112   Rib, ribeye roll, 10-up lbs.            86  128,106   $324.50       $1.19
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      19   46,525   $466.14       $3.31
112A  Rib, ribeye roll-lip-on, 8-up lbs.       4   10,673   $429.83
      Chuck, boneless 85%                      7  126,015   $207.22       $0.14
120   Chuck, brisket                          29   60,386   $209.98     ($0.51)
168   Round, top inside, 10-dn lbs.            5    3,325   $229.04     ($2.97)
168   Round, top inside, 10-up lbs.           14   43,412   $258.71     ($5.02)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     25  273,327   $289.86       $0.35
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     4    6,886   $256.91       
171C  Round, eye of round                     39   54,448   $239.45       $3.77
      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.            12   39,631   $305.71      $38.31
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  30   79,446   $245.28     ($0.44)
185A  Loin, bottom sirloin butt flap, bnls.   45  104,837   $372.43     ($0.28)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              29   38,652   $299.61       $1.90
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     9   94,688   $302.93       $0.11
      Inside round - Boxed                    23   69,810   $311.65     ($0.47)
      Outside round                            5   60,108   $248.81       $0.55
      Eye of round                            13   42,332   $258.19     ($0.21)
      Flats and eyes - Combo                  16  226,268   $252.79       $1.48
      Flats and eyes - Boxed                            
      Striploin                               78  268,146   $290.46       $0.05
      S.P.B. - Combo                          18  287,375   $247.50       $2.74
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     26   73,970   $238.46     ($1.35)
167A  Round, knuckle, peeled                  13   67,130   $253.18     ($0.20)
190   Loin, tenderloin, 2-3 lbs.              12   10,594   $423.93    ($35.59)
190   Loin, tenderloin, 3-4 lbs.              39   25,312   $565.88      $25.47
190   Loin, tenderloin, 4-5 lbs.             137  203,472   $543.97     ($7.66)
190   Loin, tenderloin, 5-up lbs.             19   36,156   $595.37     ($5.58)
193   Flank, flank steak                      79   88,889   $313.89       $5.68
      Flank, rough                            50  112,766   $241.05       
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              3    2,900   $285.07       
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   10,660   $283.20       
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                       5    5,194   $293.00       
--------------------------------------------------------------------------------
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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