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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 6/12/2017

LM_XB405
Des Moines, IA                 Mon, Jun 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:               $179.90
Change from prior day:                $0.74
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $230.41        $128.66         $0.45
100% lean inside round                      $306.93          $7.12         $0.02
100% lean, flats and eyes                   $257.20          $5.97         $0.01
100% lean, S.P.B.                           $251.50         $12.58         $0.13
Chuck Tender                                $237.84          $2.38       ($0.01)
Knuckle                   4-7 lbs.          $261.45          $6.61         $0.11
Tenderloin                2-3 lbs.          $385.11          $2.04         
Tenderloin                3-4 lbs.          $568.08          $4.20       ($0.03)
Ribeye Roll               4-6 lbs.          $272.53          $2.86         
Ribeye Roll               6-8 lbs.          $301.93          $2.23         
Ribeye Roll               8up lbs.          $320.80          $2.34         $0.09
Flank Steak                                 $302.31          $1.27       ($0.03)
Kidney, Edible                               $17.56          $0.08         
Fat, inedible                                $21.94          $0.51         
Bone                                          $4.36          $1.05         
--------------------------------------------------------------------------------
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                 33.47  loads --            1,338,902  pounds
Cutter/Canner Cuts                  1.82  loads --               72,871  pounds
Boner/Breaker/Cutter/Canner        18.07  loads --              722,924  pounds
100% Lean Items                    25.60  loads --            1,024,135  pounds
Frozen Cuts                         3.69  loads --              147,538  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   14,130   $291.29     ($5.60)
112   Rib, ribeye roll, 8-10 lbs.             37   88,281   $305.65     ($0.83)
112   Rib, ribeye roll, 10-up lbs.            89  219,127   $320.40     ($0.88)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      19   29,724   $460.52       $4.12
112A  Rib, ribeye roll-lip-on, 8-up lbs.       6   10,669   $409.77       $1.93
      Chuck, boneless 85%                     11  155,028   $207.86       $0.74
120   Chuck, brisket                          24   63,322   $228.03       $1.00
168   Round, top inside, 10-dn lbs.            3   14,455   $259.91
168   Round, top inside, 10-up lbs.           11   32,246   $257.68       $1.92
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     42  396,995   $292.69       $0.21
169A  Round, top inside c-off, 14-up lbs.      5   16,754   $291.28
171B  Round, outside round                     5    6,947   $262.22       
171C  Round, eye of round                     32   48,597   $246.55     ($0.88)
      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.            24   50,868   $304.02       $4.88
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  23   91,108   $239.51       $0.43
185A  Loin, bottom sirloin butt flap, bnls.   42   95,100   $375.45    ($15.55)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              40   59,054   $301.93       $0.86
112   Rib, ribeye roll, 8-up lbs.              4   13,585   $320.80
100% LEAN
      Inside round - Combo                    12  157,252   $304.61       $2.70
      Inside round - Boxed                    28   54,111   $313.67       $0.40
      Outside round                            8   86,488   $250.65     ($4.21)
      Eye of round                            27   95,763   $263.46       $0.74
      Flats and eyes - Combo                  17  213,852   $257.05       $1.64
      Flats and eyes - Boxed                            
      Striploin                               77  233,619   $288.04     ($0.26)
      S.P.B. - Combo                          13  183,050   $251.50       $2.49
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     37  133,539   $237.84     ($0.99)
167A  Round, knuckle, peeled                  16   34,844   $261.45       $4.51
190   Loin, tenderloin, 2-3 lbs.              20   33,780   $396.57     ($0.94)
190   Loin, tenderloin, 3-4 lbs.              30   26,148   $568.08     ($3.34)
190   Loin, tenderloin, 4-5 lbs.             164  262,182   $567.40     ($0.36)
190   Loin, tenderloin, 5-up lbs.             27   20,538   $612.59     ($0.73)
193   Flank, flank steak                      93   86,130   $310.91     ($6.38)
      Flank, rough                            63  125,763   $246.29       $2.19
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   11,485   $294.67     ($1.41)
112   Rib, ribeye roll, 8-10 lbs.              7   29,395   $275.58       
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.             7   39,520   $275.73       $0.74
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   32,037   $272.55       
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                       9   20,670   $266.47       $0.15
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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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