Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 6/28/2017

Past Market Reports

Report Date: 6/28/2017

LM_XB405
Des Moines, IA                 Wed, Jun 28, 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:               $180.91
Change from prior day:              ($0.73)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $231.74        $129.40       ($0.59)
100% lean inside round                      $317.67          $7.37         
100% lean, flats and eyes                   $257.19          $5.97         $0.01
100% lean, S.P.B.                           $252.63         $12.63       ($0.02)
Chuck Tender                                $234.86          $2.35       ($0.02)
Knuckle                   4-7 lbs.          $258.37          $6.54       ($0.03)
Tenderloin                2-3 lbs.          $403.85          $2.14         $0.06
Tenderloin                3-4 lbs.          $537.64          $3.98       ($0.04)
Ribeye Roll               4-6 lbs.          $283.00          $2.97         
Ribeye Roll               6-8 lbs.          $299.27          $2.21       ($0.02)
Ribeye Roll               8up lbs.          $325.02          $2.37       ($0.02)
Flank Steak                                 $279.42          $1.17       ($0.06)
Kidney, Edible                               $19.67          $0.09         
Fat, inedible                                $22.28          $0.52         
Bone                                          $5.00          $1.20         
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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                 29.95  loads --            1,198,050  pounds
Cutter/Canner Cuts                  1.23  loads --               49,085  pounds
Boner/Breaker/Cutter/Canner        16.76  loads --              670,308  pounds
100% Lean Items                    25.87  loads --            1,034,907  pounds
Frozen Cuts                         1.44  loads --               57,693  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7   10,500   $292.75       $0.06
112   Rib, ribeye roll, 8-10 lbs.             38   52,720   $318.35     ($2.96)
112   Rib, ribeye roll, 10-up lbs.            72  156,143   $333.38       $1.44
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      18   31,774   $461.73     ($4.02)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       5    7,992   $421.98      $34.72
      Chuck, boneless 85%                     16  223,051   $213.65       $0.21
120   Chuck, brisket                          28   76,238   $224.91     ($2.30)
168   Round, top inside, 10-dn lbs.            4    2,963   $258.99      $12.32
168   Round, top inside, 10-up lbs.           12   42,999   $271.16       $2.72
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     29  227,062   $301.17       $0.61
169A  Round, top inside c-off, 14-up lbs.      9   38,481   $297.86       $0.07
171B  Round, outside round                     6   10,286   $262.82       $0.03
171C  Round, eye of round                     24   31,966   $254.81     ($3.78)
      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.            26   67,497   $275.33     ($4.74)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  28   56,330   $257.48      $11.13
185A  Loin, bottom sirloin butt flap, bnls.   47  162,048   $322.18    ($54.71)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              30   41,585   $299.27     ($1.66)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    10  124,061   $311.53     ($1.97)
      Inside round - Boxed                    32   64,939   $329.39       $4.67
      Outside round                            5   28,209   $254.57     ($0.11)
      Eye of round                            26   65,883   $261.37       $1.38
      Flats and eyes - Combo                  13  215,539   $256.25     ($0.08)
      Flats and eyes - Boxed                            
      Striploin                               71  327,723   $286.46       $1.54
      S.P.B. - Combo                          16  208,553   $252.63     ($0.36)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     38  148,971   $234.86     ($1.77)
167A  Round, knuckle, peeled                  12   39,600   $258.37     ($1.45)
190   Loin, tenderloin, 2-3 lbs.              11    8,092   $403.85      $12.10
190   Loin, tenderloin, 3-4 lbs.              30   77,771   $537.64     ($5.41)
190   Loin, tenderloin, 4-5 lbs.             128  129,072   $588.31     ($2.06)
190   Loin, tenderloin, 5-up lbs.             30   27,670   $588.23     ($8.64)
193   Flank, flank steak                      99  125,398   $280.29    ($15.77)
      Flank, rough                            55  113,734   $242.40     ($1.31)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3   12,369   $281.55       $0.32
112   Rib, ribeye roll, 8-10 lbs.              3    6,780   $284.67       
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   15,860   $276.52       $0.33
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                       7   21,465   $274.30       $0.11
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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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