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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 8/28/2017

LM_XB405
Des Moines, IA                 Mon, Aug 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:               $181.58
Change from prior day:                $0.26
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $232.04        $129.57         $0.36
100% lean inside round                      $340.75          $7.91         $0.06
100% lean, flats and eyes                   $262.49          $6.09         $0.01
100% lean, S.P.B.                           $257.39         $12.87         
Chuck Tender                                $233.45          $2.33         
Knuckle                   4-7 lbs.          $263.01          $6.65       ($0.01)
Tenderloin                2-3 lbs.          $406.76          $2.16         $0.01
Tenderloin                3-4 lbs.          $450.51          $3.33       ($0.03)
Ribeye Roll               4-6 lbs.          $284.81          $2.99         
Ribeye Roll               6-8 lbs.          $289.28          $2.14       ($0.08)
Ribeye Roll               8up lbs.          $333.00          $2.43       ($0.01)
Flank Steak                                 $264.72          $1.11       ($0.02)
Kidney, Edible                               $17.50          $0.08       ($0.01)
Fat, inedible                                $22.28          $0.52         
Bone                                          $5.82          $1.40       ($0.02)
--------------------------------------------------------------------------------
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                 27.76  loads --            1,110,320  pounds
Cutter/Canner Cuts                  1.14  loads --               45,650  pounds
Boner/Breaker/Cutter/Canner        17.04  loads --              681,451  pounds
100% Lean Items                    17.53  loads --              701,209  pounds
Frozen Cuts                         5.42  loads --              216,758  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6    8,639   $313.68       $4.79
112   Rib, ribeye roll, 8-10 lbs.             32   77,398   $321.94       $0.76
112   Rib, ribeye roll, 10-up lbs.            51  112,023   $342.11     ($1.14)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      23   36,209   $438.23       $6.60
112A  Rib, ribeye roll-lip-on, 8-up lbs.       9   12,399   $393.71       $7.81
      Chuck, boneless 85%                     10  142,420   $214.33     ($1.50)
120   Chuck, brisket                          23   73,504   $187.78     ($0.98)
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           16   49,110   $225.79     ($9.67)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     32  372,941   $305.38     ($0.13)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     7   18,460   $244.93       
171C  Round, eye of round                     19   19,011   $252.48       $2.75
      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.            28   47,210   $272.91      $11.71
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  20   37,411   $266.43     ($0.38)
185A  Loin, bottom sirloin butt flap, bnls.   35   97,650   $287.36       $0.32
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              19   33,273   $289.28    ($10.92)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     5   42,048   $331.41       $0.35
      Inside round - Boxed                    20   35,726   $351.75       $4.00
      Outside round
      Eye of round                            19   21,752   $272.60       $5.27
      Flats and eyes - Combo                  12  137,282   $261.05       $0.18
      Flats and eyes - Boxed                            
      Striploin                               70  317,496   $291.57       $1.48
      S.P.B. - Combo                           8  128,000   $257.39     ($0.05)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30  124,789   $233.45       $0.35
167A  Round, knuckle, peeled                   9   28,744   $263.01     ($0.38)
190   Loin, tenderloin, 2-3 lbs.              15   68,289   $406.76       $0.71
190   Loin, tenderloin, 3-4 lbs.              35   40,957   $450.51     ($3.28)
190   Loin, tenderloin, 4-5 lbs.             154  225,766   $463.54       $5.14
190   Loin, tenderloin, 5-up lbs.             24   55,139   $470.47      $11.85
193   Flank, flank steak                      82   88,238   $273.99     ($0.72)
      Flank, rough                            41   49,529   $227.94     ($3.51)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              8   12,900   $299.76       $0.14
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.               4   18,075   $285.91       
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.               8  153,906   $415.60     ($0.26)
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       8   31,535   $238.76     ($4.24)
--------------------------------------------------------------------------------
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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