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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 7/24/2017

LM_XB405
Des Moines, IA                 Mon, Jul 24, 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:               $181.51
Change from prior day:                $0.59
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $233.61        $130.45         $0.47
100% lean inside round                      $326.39          $7.57         $0.07
100% lean, flats and eyes                   $258.23          $5.99         $0.01
100% lean, S.P.B.                           $253.30         $12.67       ($0.03)
Chuck Tender                                $234.85          $2.35         
Knuckle                   4-7 lbs.          $259.91          $6.58         
Tenderloin                2-3 lbs.          $365.91          $1.94         $0.02
Tenderloin                3-4 lbs.          $437.58          $3.24       ($0.01)
Ribeye Roll               4-6 lbs.          $277.36          $2.91       ($0.10)
Ribeye Roll               6-8 lbs.          $303.94          $2.25         $0.09
Ribeye Roll               8up lbs.          $333.52          $2.43         
Flank Steak                                 $265.93          $1.12         $0.01
Kidney, Edible                               $18.08          $0.08       ($0.01)
Fat, inedible                                $22.28          $0.52         
Bone                                          $5.86          $1.41         $0.07
--------------------------------------------------------------------------------
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                 30.51  loads --            1,220,450  pounds
Cutter/Canner Cuts                  2.01  loads --               80,439  pounds
Boner/Breaker/Cutter/Canner        18.88  loads --              755,266  pounds
100% Lean Items                    21.98  loads --              879,219  pounds
Frozen Cuts                         4.19  loads --              167,799  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8    8,946   $298.37       $1.22
112   Rib, ribeye roll, 8-10 lbs.             30   60,760   $316.38     ($0.96)
112   Rib, ribeye roll, 10-up lbs.            64  123,128   $313.90     ($5.10)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      14   21,535   $402.61     ($7.69)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       7   10,579   $341.48       $1.53
      Chuck, boneless 85%                     23  278,420   $218.22     ($0.35)
120   Chuck, brisket                          29  125,760   $197.01     ($1.85)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           14   64,396   $241.16     ($3.24)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     28  261,366   $304.01       $1.38
169A  Round, top inside c-off, 14-up lbs.      3   19,693   $301.67       $0.67
171B  Round, outside round                     5    7,773   $263.89       
171C  Round, eye of round                     40   41,256   $255.38       $2.92
      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   41,521   $265.84       $8.87
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  19   34,430   $248.13     ($0.58)
185A  Loin, bottom sirloin butt flap, bnls.   42  112,106   $315.64     ($0.58)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              31   74,954   $303.94      $11.85
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     5   73,371   $322.24       $1.69
      Inside round - Boxed                    23   49,122   $332.58       $1.71
      Outside round                            6   89,647   $258.89       $1.16
      Eye of round                            17   36,406   $254.94     ($1.47)
      Flats and eyes - Combo                  17  187,788   $258.55       $0.75
      Flats and eyes - Boxed                            
      Striploin                               74  228,885   $285.81       $0.90
      S.P.B. - Combo                          16  214,000   $253.30     ($0.66)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     28   68,702   $234.85     ($0.20)
167A  Round, knuckle, peeled                  12   37,355   $259.91     ($0.10)
190   Loin, tenderloin, 2-3 lbs.              24   40,286   $365.91       $3.01
190   Loin, tenderloin, 3-4 lbs.              44  114,289   $437.58     ($1.34)
190   Loin, tenderloin, 4-5 lbs.             131  215,085   $478.51       $6.38
190   Loin, tenderloin, 5-up lbs.             27   94,796   $451.17     ($1.74)
193   Flank, flank steak                      78   68,219   $275.77     ($2.88)
      Flank, rough                            62  116,534   $223.11     ($4.08)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   60,340   $295.12       $8.84
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.             9   25,959   $239.58       
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4   41,446   $277.36
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   28,291   $242.22       $2.03
--------------------------------------------------------------------------------
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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