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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 9/21/2017

LM_XB405
Des Moines, IA                 Thu, Sep 21, 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:               $176.40
Change from prior day:              ($0.15)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $224.46        $125.34         $0.03
100% lean inside round                      $329.39          $7.64         
100% lean, flats and eyes                   $264.94          $6.15         
100% lean, S.P.B.                           $261.54         $13.08         $0.01
Chuck Tender                                $223.21          $2.23       ($0.01)
Knuckle                   4-7 lbs.          $250.08          $6.33         $0.01
Tenderloin                2-3 lbs.          $397.05          $2.10       ($0.01)
Tenderloin                3-4 lbs.          $402.92          $2.98       ($0.08)
Ribeye Roll               4-6 lbs.          $287.08          $3.01         
Ribeye Roll               6-8 lbs.          $295.18          $2.18       ($0.07)
Ribeye Roll               8up lbs.          $335.08          $2.45         
Flank Steak                                 $257.60          $1.08       ($0.03)
Kidney, Edible                               $17.33          $0.08         
Fat, inedible                                $22.28          $0.52         
Bone                                          $5.13          $1.23         
--------------------------------------------------------------------------------
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                 25.50  loads --            1,020,149  pounds
Cutter/Canner Cuts                  1.18  loads --               47,018  pounds
Boner/Breaker/Cutter/Canner        18.40  loads --              735,961  pounds
100% Lean Items                    18.03  loads --              721,137  pounds
Frozen Cuts                         2.52  loads --              100,841  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6   10,977   $318.00       
112   Rib, ribeye roll, 8-10 lbs.             25   60,667   $342.56       $7.25
112   Rib, ribeye roll, 10-up lbs.            61  130,868   $354.59       $1.05
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      12   15,151   $405.33     ($3.35)
112A  Rib, ribeye roll-lip-on, 8-up lbs.      12   46,247   $319.79    ($16.82)
      Chuck, boneless 85%                      7  115,524   $198.48       
120   Chuck, brisket                          18   45,914   $191.15       $0.82
168   Round, top inside, 10-dn lbs.            9   16,506   $204.08     ($1.45)
168   Round, top inside, 10-up lbs.           13   41,634   $207.57     ($6.89)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     31  313,307   $292.67     ($0.30)
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     4    5,372   $257.81       $1.19
171C  Round, eye of round                     29   50,415   $245.02     ($5.29)
      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.            15   12,959   $247.73      $33.84
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  17   46,999   $233.30     ($7.85)
185A  Loin, bottom sirloin butt flap, bnls.   40  100,980   $257.72    ($17.91)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              34   28,839   $295.18     ($9.30)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     8   81,211   $329.89       $0.32
      Inside round - Boxed                    24   52,437   $328.61       $0.18
      Outside round
      Eye of round                            17   27,922   $267.63       $0.99
      Flats and eyes - Combo                  14  167,072   $264.56     ($0.03)
      Flats and eyes - Boxed                            
      Striploin                               54  181,268   $289.05     ($2.50)
      S.P.B. - Combo                          15  197,600   $261.54       $0.06
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     37  141,013   $223.21     ($0.86)
167A  Round, knuckle, peeled                  10   24,111   $250.08       $0.20
190   Loin, tenderloin, 2-3 lbs.              17   55,802   $397.05     ($1.12)
190   Loin, tenderloin, 3-4 lbs.              37   79,024   $402.92    ($10.34)
190   Loin, tenderloin, 4-5 lbs.             125  231,462   $428.57     ($0.61)
190   Loin, tenderloin, 5-up lbs.             25   46,542   $454.59       $2.29
193   Flank, flank steak                      80   77,523   $259.94    ($14.32)
      Flank, rough                            46   80,484   $215.16     ($1.75)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   14,300   $308.00       
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   47,390   $240.99    ($41.26)
FROZEN CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               3    6,191   $294.54       
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.               4    2,580   $449.43
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       8   26,390   $250.71       $3.42
--------------------------------------------------------------------------------
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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