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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 6/27/2017

LM_XB405
Des Moines, IA                 Tue, Jun 27, 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:               $181.64
Change from prior day:                $0.87
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $232.79        $129.99         $0.85
100% lean inside round                      $317.71          $7.37         
100% lean, flats and eyes                   $256.94          $5.96         $0.01
100% lean, S.P.B.                           $252.99         $12.65         $0.04
Chuck Tender                                $236.63          $2.37       ($0.01)
Knuckle                   4-7 lbs.          $259.82          $6.57       ($0.02)
Tenderloin                2-3 lbs.          $391.75          $2.08       ($0.04)
Tenderloin                3-4 lbs.          $543.05          $4.02         $0.02
Ribeye Roll               4-6 lbs.          $283.00          $2.97         
Ribeye Roll               6-8 lbs.          $300.93          $2.23         $0.03
Ribeye Roll               8up lbs.          $327.42          $2.39         
Flank Steak                                 $292.35          $1.23       ($0.01)
Kidney, Edible                               $19.67          $0.09         
Fat, inedible                                $22.28          $0.52         
Bone                                          $5.00          $1.20         
--------------------------------------------------------------------------------
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                 29.23  loads --            1,169,066  pounds
Cutter/Canner Cuts                  1.37  loads --               54,700  pounds
Boner/Breaker/Cutter/Canner        17.64  loads --              705,453  pounds
100% Lean Items                    27.72  loads --            1,108,676  pounds
Frozen Cuts                         1.48  loads --               59,360  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6    8,505   $292.69       $0.49
112   Rib, ribeye roll, 8-10 lbs.             35   47,171   $321.31       $2.85
112   Rib, ribeye roll, 10-up lbs.            71  167,774   $331.94     ($2.35)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      19   41,166   $465.75       $0.36
112A  Rib, ribeye roll-lip-on, 8-up lbs.       8   13,645   $387.26      $18.78
      Chuck, boneless 85%                     15  219,051   $213.44       $0.32
120   Chuck, brisket                          30   84,360   $227.21     ($0.15)
168   Round, top inside, 10-dn lbs.            4    6,649   $246.67       $0.63
168   Round, top inside, 10-up lbs.           12   47,710   $268.44       $3.02
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     29  224,438   $300.56       
169A  Round, top inside c-off, 14-up lbs.      7   37,229   $297.79       $0.17
171B  Round, outside round                     5   10,055   $262.79       
171C  Round, eye of round                     27   44,590   $258.59       $1.77
      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.            33   73,708   $280.07       $0.85
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  27   50,189   $246.35       $3.05
185A  Loin, bottom sirloin butt flap, bnls.   51   92,826   $376.89      $10.42
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              33   48,130   $300.93       $4.15
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    10  133,716   $313.50       $2.05
      Inside round - Boxed                    35   80,503   $324.72       $1.56
      Outside round                            4   26,359   $254.68     ($3.14)
      Eye of round                            25   63,935   $259.99       $1.46
      Flats and eyes - Combo                  14  221,760   $256.33       $1.11
      Flats and eyes - Boxed                            
      Striploin                               73  355,850   $284.92     ($0.09)
      S.P.B. - Combo                          17  226,553   $252.99       $0.74
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     40  139,924   $236.63     ($1.74)
167A  Round, knuckle, peeled                  10   33,625   $259.82     ($0.79)
190   Loin, tenderloin, 2-3 lbs.              18   27,242   $391.75     ($7.74)
190   Loin, tenderloin, 3-4 lbs.              42   96,534   $543.05       $2.23
190   Loin, tenderloin, 4-5 lbs.             138  140,463   $590.37     ($1.79)
190   Loin, tenderloin, 5-up lbs.             30   31,920   $596.87     ($6.47)
193   Flank, flank steak                      93  114,221   $296.06     ($5.75)
      Flank, rough                            56  121,524   $243.71     ($0.28)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4   15,561   $281.23     ($1.34)
112   Rib, ribeye roll, 8-10 lbs.              3    6,780   $284.67    ($14.58)
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.             4   12,480   $276.19       
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                       8   23,320   $274.19       $4.50
--------------------------------------------------------------------------------
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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