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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 7/11/2017

LM_XB405
Des Moines, IA                 Tue, Jul 11, 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:               $182.29
Change from prior day:                $0.63
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $234.28        $130.82         $0.56
100% lean inside round                      $318.53          $7.39       ($0.02)
100% lean, flats and eyes                   $258.86          $6.01         $0.01
100% lean, S.P.B.                           $253.67         $12.68         
Chuck Tender                                $240.77          $2.41       ($0.01)
Knuckle                   4-7 lbs.          $262.79          $6.65         $0.15
Tenderloin                2-3 lbs.          $383.68          $2.03       ($0.04)
Tenderloin                3-4 lbs.          $497.83          $3.68       ($0.03)
Ribeye Roll               4-6 lbs.          $273.26          $2.87         
Ribeye Roll               6-8 lbs.          $307.39          $2.27         $0.01
Ribeye Roll               8up lbs.          $328.56          $2.40         $0.01
Flank Steak                                 $285.65          $1.20       ($0.01)
Kidney, Edible                               $18.45          $0.08         
Fat, inedible                                $22.28          $0.52         
Bone                                          $5.34          $1.28         
--------------------------------------------------------------------------------
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                 37.36  loads --            1,494,522  pounds
Cutter/Canner Cuts                  2.31  loads --               92,218  pounds
Boner/Breaker/Cutter/Canner        15.75  loads --              629,977  pounds
100% Lean Items                    24.18  loads --              967,232  pounds
Frozen Cuts                         1.00  loads --               39,974  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             42   88,746   $306.27       $1.72
112   Rib, ribeye roll, 10-up lbs.            79  163,073   $322.57     ($1.99)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      26   56,891   $428.28     ($5.64)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       9   18,492   $367.22       $5.17
      Chuck, boneless 85%                     23  321,728   $213.86       
120   Chuck, brisket                          29   82,657   $213.54     ($0.34)
168   Round, top inside, 10-dn lbs.            6   12,268   $252.13       
168   Round, top inside, 10-up lbs.           15   58,449   $264.99     ($3.53)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     39  419,782   $300.86     ($0.08)
169A  Round, top inside c-off, 14-up lbs.      5    9,550   $299.59       
171B  Round, outside round                     6    7,678   $264.01       
171C  Round, eye of round                     39   46,212   $249.80     ($5.20)
      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.            22   45,469   $267.95       $1.10
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  29   73,216   $244.54       $3.62
185A  Loin, bottom sirloin butt flap, bnls.   39   82,052   $337.90     ($0.16)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3   18,067   $273.26       
112   Rib, ribeye roll, 6-8 lbs.              33   56,431   $307.39       $2.26
112   Rib, ribeye roll, 8-up lbs.              5   17,720   $328.56       $0.80
100% LEAN
      Inside round - Combo                     5   76,628   $311.14       $1.08
      Inside round - Boxed                    24   50,510   $329.74     ($1.96)
      Outside round                            7  105,895   $259.18       
      Eye of round                            30   72,668   $262.53       $0.81
      Flats and eyes - Combo                  15  185,661   $257.25       
      Flats and eyes - Boxed                            
      Striploin                               77  271,870   $285.64       $1.38
      S.P.B. - Combo                          18  204,000   $253.67       $0.03
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     33   79,665   $240.77     ($0.95)
167A  Round, knuckle, peeled                  10   20,393   $262.79       $6.06
190   Loin, tenderloin, 2-3 lbs.              18   19,261   $383.68     ($5.94)
190   Loin, tenderloin, 3-4 lbs.              50   50,528   $497.83     ($3.75)
190   Loin, tenderloin, 4-5 lbs.             165  213,182   $550.09     ($2.84)
190   Loin, tenderloin, 5-up lbs.             25   50,863   $536.46     ($0.45)
193   Flank, flank steak                      95   79,510   $289.31     ($2.15)
      Flank, rough                            63  116,575   $231.60     ($3.83)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.
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.
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                       3   13,727   $264.49
--------------------------------------------------------------------------------
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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