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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 6/30/2017

LM_XB405
Des Moines, IA                 Fri, Jun 30, 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:               $181.22
Change from prior day:              ($1.03)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $232.10        $129.60       ($1.07)
100% lean inside round                      $316.94          $7.35       ($0.01)
100% lean, flats and eyes                   $258.34          $5.99       ($0.01)
100% lean, S.P.B.                           $252.73         $12.64         
Chuck Tender                                $234.14          $2.34         
Knuckle                   4-7 lbs.          $257.95          $6.53         
Tenderloin                2-3 lbs.          $419.84          $2.23         $0.11
Tenderloin                3-4 lbs.          $538.86          $3.99       ($0.04)
Ribeye Roll               4-6 lbs.          $281.66          $2.96       ($0.01)
Ribeye Roll               6-8 lbs.          $298.11          $2.21         
Ribeye Roll               8up lbs.          $325.02          $2.37         
Flank Steak                                 $286.27          $1.20         
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                 30.23  loads --            1,209,017  pounds
Cutter/Canner Cuts                  1.08  loads --               43,261  pounds
Boner/Breaker/Cutter/Canner        12.61  loads --              504,497  pounds
100% Lean Items                    20.01  loads --              800,376  pounds
Frozen Cuts                         1.40  loads --               56,190  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   18,772   $297.64       $4.69
112   Rib, ribeye roll, 8-10 lbs.             35   69,828   $308.43     ($5.53)
112   Rib, ribeye roll, 10-up lbs.            76  146,723   $332.22     ($0.44)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      12   19,714   $464.93       $2.99
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                     14  244,732   $213.70     ($0.11)
120   Chuck, brisket                          26   70,851   $225.47     ($0.89)
168   Round, top inside, 10-dn lbs.            3    2,602   $256.75       
168   Round, top inside, 10-up lbs.           11   43,043   $275.39       $1.84
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     27  202,880   $301.02     ($3.02)
169A  Round, top inside c-off, 14-up lbs.     10   38,575   $297.86       
171B  Round, outside round                     6    9,471   $263.19       $0.01
171C  Round, eye of round                     14   19,266   $251.75       $0.08
      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   76,810   $272.74     ($1.90)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  27   62,434   $257.27     ($0.33)
185A  Loin, bottom sirloin butt flap, bnls.   46  181,423   $311.95     ($7.36)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              24   35,761   $298.11     ($0.42)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    12  130,748   $311.84       $0.10
      Inside round - Boxed                    29   61,296   $327.83     ($0.14)
      Outside round                            5   24,509   $252.23     ($2.34)
      Eye of round                            26   42,970   $263.69       $1.04
      Flats and eyes - Combo                  10  137,054   $257.76       
      Flats and eyes - Boxed                            
      Striploin                               57  261,246   $288.24       $2.52
      S.P.B. - Combo                          11  142,553   $252.73       
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     28   97,508   $234.14       $0.13
167A  Round, knuckle, peeled                  11   33,514   $257.95       
190   Loin, tenderloin, 2-3 lbs.              10    9,217   $419.84      $19.99
190   Loin, tenderloin, 3-4 lbs.              32   64,370   $538.86     ($5.24)
190   Loin, tenderloin, 4-5 lbs.             116  102,247   $586.16     ($2.33)
190   Loin, tenderloin, 5-up lbs.             27   22,493   $597.69     ($4.68)
193   Flank, flank steak                      88  107,444   $287.92       $0.83
      Flank, rough                            37   67,704   $241.80     ($0.14)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              6   11,042   $293.35       $3.79
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.             8   22,360   $275.03     ($0.66)
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                       4   14,045   $273.66     ($0.91)
--------------------------------------------------------------------------------
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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