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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 7/3/2017

LM_XB405
Des Moines, IA                 Mon, Jul 03, 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:               $181.10
Change from prior day:              ($0.12)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $231.90        $129.49       ($0.11)
100% lean inside round                      $319.99          $7.42         $0.07
100% lean, flats and eyes                   $258.39          $5.99         
100% lean, S.P.B.                           $253.57         $12.68         $0.04
Chuck Tender                                $234.26          $2.34         
Knuckle                   4-7 lbs.          $258.65          $6.54         $0.01
Tenderloin                2-3 lbs.          $417.61          $2.21       ($0.02)
Tenderloin                3-4 lbs.          $531.97          $3.94       ($0.05)
Ribeye Roll               4-6 lbs.          $272.17          $2.86       ($0.10)
Ribeye Roll               6-8 lbs.          $299.76          $2.22         $0.01
Ribeye Roll               8up lbs.          $325.02          $2.37         
Flank Steak                                 $282.97          $1.19       ($0.01)
Kidney, Edible                               $19.67          $0.09         
Fat, inedible                                $22.28          $0.52         
Bone                                          $5.17          $1.24         $0.04
--------------------------------------------------------------------------------
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                 27.37  loads --            1,094,998  pounds
Cutter/Canner Cuts                  1.23  loads --               49,125  pounds
Boner/Breaker/Cutter/Canner        13.01  loads --              520,354  pounds
100% Lean Items                    20.28  loads --              811,164  pounds
Frozen Cuts                         1.53  loads --               61,077  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8   23,021   $294.72     ($2.92)
112   Rib, ribeye roll, 8-10 lbs.             39   66,267   $306.20     ($2.23)
112   Rib, ribeye roll, 10-up lbs.            74  130,708   $325.95     ($6.27)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      11   20,042   $461.69     ($3.24)
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                     10  164,215   $211.52     ($2.18)
120   Chuck, brisket                          23   66,412   $219.97     ($5.50)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           11   40,145   $276.68       $1.29
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     28  203,367   $299.70     ($1.32)
169A  Round, top inside c-off, 14-up lbs.      6    4,395   $299.75       $1.89
171B  Round, outside round                     5    8,271   $263.37       $0.18
171C  Round, eye of round                     20   21,405   $251.00     ($0.75)
      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   94,139   $272.70     ($0.04)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  28   53,590   $260.18       $2.91
185A  Loin, bottom sirloin butt flap, bnls.   46  196,044   $315.32       $3.37
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              25   33,736   $299.76       $1.65
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    10  121,286   $316.46       $4.62
      Inside round - Boxed                    29   84,992   $325.03     ($2.80)
      Outside round                            3   18,795   $251.66     ($0.57)
      Eye of round                            26   43,187   $266.62       $2.93
      Flats and eyes - Combo                  10  148,342   $256.84     ($0.92)
      Flats and eyes - Boxed                            
      Striploin                               53  216,009   $287.22     ($1.02)
      S.P.B. - Combo                          12  178,553   $253.57       $0.84
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30   89,913   $234.26       $0.12
167A  Round, knuckle, peeled                  11   31,728   $258.65       $0.70
190   Loin, tenderloin, 2-3 lbs.               9    9,139   $417.61     ($2.23)
190   Loin, tenderloin, 3-4 lbs.              43   77,299   $531.97     ($6.89)
190   Loin, tenderloin, 4-5 lbs.             112  131,132   $565.69    ($20.47)
190   Loin, tenderloin, 5-up lbs.             22   25,313   $558.11    ($39.58)
193   Flank, flank steak                      84   91,268   $284.52     ($3.40)
      Flank, rough                            40   64,562   $242.75       $0.95
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             10   26,062   $293.62       $0.27
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.             6   16,120   $275.10       $0.07
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   17,755   $274.99       $1.33
--------------------------------------------------------------------------------
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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