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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 12/27/2017

LM_XB405
Des Moines, IA                 Wed, Dec 27, 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:               $167.39
Change from prior day:              ($0.84)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $210.01        $117.27       ($0.78)
100% lean inside round                      $285.20          $6.62         $0.02
100% lean, flats and eyes                   $269.24          $6.25         $0.01
100% lean, S.P.B.                           $271.43         $13.57       ($0.02)
Chuck Tender                                $219.15          $2.19         $0.02
Knuckle                   4-7 lbs.          $234.46          $5.93       ($0.08)
Tenderloin                2-3 lbs.          $404.27          $2.14       ($0.02)
Tenderloin                3-4 lbs.          $456.68          $3.38         $0.02
Ribeye Roll               4-6 lbs.          $273.04          $2.87       ($0.04)
Ribeye Roll               6-8 lbs.          $297.15          $2.20       ($0.01)
Ribeye Roll               8up lbs.          $306.00          $2.23        
Flank Steak                                 $297.53          $1.25         $0.04
Kidney, Edible                               $18.39          $0.08        
Fat, inedible                                $16.25          $0.38        
Bone                                          $4.28          $1.03        
--------------------------------------------------------------------------------
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                 18.91  loads --              756,366  pounds
Cutter/Canner Cuts                  1.57  loads --               62,924  pounds
Boner/Breaker/Cutter/Canner        16.79  loads --              671,601  pounds
100% Lean Items                    16.46  loads --              658,488  pounds
Frozen Cuts                         1.70  loads --               68,170  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    6,820   $306.68
112   Rib, ribeye roll, 8-10 lbs.             26   32,710   $319.87       $1.03
112   Rib, ribeye roll, 10-up lbs.           115   93,199   $321.82     ($2.37)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   33,869   $311.41     ($3.62)
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                      6   67,205   $186.98      
120   Chuck, brisket                          16   28,027   $217.70      $11.67
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.            8   27,814   $215.11     ($1.57)
169A  Round, top inside c-off, 8-10 lbs.               
169A  Round, top inside c-off, 10-14 lbs.     27  235,741   $273.31       $0.01
169A  Round, top inside c-off, 14-up lbs.      5    5,186   $262.94      $12.48
171B  Round, outside round                     4    4,999   $273.59       $0.26
171C  Round, eye of round                     27   34,474   $245.28      $13.99
      Loin, Semi-Bnls Short Loin, 13-dn lbs.           
      Loin, Semi-Bnls Short Loin, 13-up lbs.           
180   Loin, strip, bnls, 7-9 lbs.              3      720   $186.22      
180   Loin, strip, bnls, 9-up lbs.            14   19,428   $251.54       $4.40
182   Loin, sirloin butt                               
184   Loin, top sirloin butt                  11   19,407   $202.52       $1.99
185A  Loin, bottom sirloin butt flap, bnls.   26  142,799   $251.21     ($1.16)
191A  Loin, butt tender, peeled
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.               4   12,386   $273.04
112   Rib, ribeye roll, 6-8 lbs.              22   47,793   $297.15     ($1.38)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     3   47,411   $288.32      
      Inside round - Boxed                    24  101,916   $283.75       $1.26
      Outside round
      Eye of round                            18   61,810   $263.37       $0.06
      Flats and eyes - Combo                   9  116,326   $271.50     ($0.07)
      Flats and eyes - Boxed                           
      Striploin                               53  141,829   $287.42       $0.26
      S.P.B. - Combo                          10  154,571   $271.43     ($0.27)
      S.P.B. - Boxed                                   
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     29   77,459   $219.15       $1.84
167A  Round, knuckle, peeled                  11   72,871   $234.46     ($2.94)
190   Loin, tenderloin, 2-3 lbs.              25   58,196   $404.27     ($3.46)
190   Loin, tenderloin, 3-4 lbs.              34   89,590   $456.68       $2.51
190   Loin, tenderloin, 4-5 lbs.             122  143,183   $539.68       $7.12
190   Loin, tenderloin, 5-up lbs.             57   88,995   $513.25     ($0.52)
193   Flank, flank steak                      81   88,394   $297.87      $10.48
      Flank, rough                            34   52,913   $255.03       $6.23
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              7   19,760   $293.43       $8.95
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   38,220   $273.52      
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                       6    8,480   $294.06       $2.00
--------------------------------------------------------------------------------
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
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