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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 1/16/2018

LM_XB405
Des Moines, IA                 Tue, Jan 16, 2018                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:               $170.50
Change from prior day:                $0.49
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $214.27        $119.65         $0.07
100% lean inside round                      $285.08          $6.61       ($0.02)
100% lean, flats and eyes                   $273.31          $6.34         $0.01
100% lean, S.P.B.                           $271.90         $13.60         $0.02
Chuck Tender                                $236.07          $2.36         $0.01
Knuckle                   4-7 lbs.          $235.15          $5.95       ($0.01)
Tenderloin                2-3 lbs.          $439.06          $2.33         $0.31
Tenderloin                3-4 lbs.          $506.26          $3.75         $0.05
Ribeye Roll               4-6 lbs.          $267.76          $2.81       ($0.01)
Ribeye Roll               6-8 lbs.          $283.72          $2.10         
Ribeye Roll               8up lbs.          $311.00          $2.27         $0.05
Flank Steak                                 $301.14          $1.26         $0.01
Kidney, Edible                               $17.57          $0.08         
Fat, inedible                                $16.25          $0.38         
Bone                                          $4.21          $1.01         
--------------------------------------------------------------------------------
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                 24.28  loads --              971,117  pounds
Cutter/Canner Cuts                  1.82  loads --               72,650  pounds
Boner/Breaker/Cutter/Canner        16.22  loads --              648,879  pounds
100% Lean Items                    22.45  loads --              898,028  pounds
Frozen Cuts                         1.20  loads --               48,091  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9   10,710   $279.90     ($2.59)
112   Rib, ribeye roll, 8-10 lbs.             32   57,357   $315.47      $18.71
112   Rib, ribeye roll, 10-up lbs.           126  140,296   $311.27     ($0.06)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      14   45,280   $291.41     ($2.66)
112A  Rib, ribeye roll-lip-on, 8-up lbs.
      Chuck, boneless 85%                      7   98,700   $188.09       
120   Chuck, brisket                          25  166,690   $213.37     ($3.56)
168   Round, top inside, 10-dn lbs.            4    6,671   $211.32       
168   Round, top inside, 10-up lbs.           14   48,167   $216.49     ($0.56)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     20  158,042   $273.79     ($1.86)
169A  Round, top inside c-off, 14-up lbs.      5   21,032   $263.05     ($1.32)
171B  Round, outside round                     5    5,247   $270.49       $0.11
171C  Round, eye of round                     32   50,509   $256.08     ($1.75)
      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.            23   40,892   $239.77     ($2.34)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  14   37,032   $234.53       $2.20
185A  Loin, bottom sirloin butt flap, bnls.   38   70,093   $276.84       $4.34
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              38   51,289   $283.72     ($0.22)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                     5  120,390   $286.71     ($0.70)
      Inside round - Boxed                    27   45,080   $280.72     ($1.29)
      Outside round                            3   43,036   $269.85     ($0.44)
      Eye of round                            18   45,744   $267.84       $0.54
      Flats and eyes - Combo                  14  149,719   $275.98       $0.69
      Flats and eyes - Boxed                            
      Striploin                               67  321,751   $288.98       $0.42
      S.P.B. - Combo                          15  172,308   $271.90       $0.23
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30  110,245   $236.07       $1.11
167A  Round, knuckle, peeled                  17   88,700   $235.15     ($0.55)
190   Loin, tenderloin, 2-3 lbs.              25   74,254   $440.59      $59.44
190   Loin, tenderloin, 3-4 lbs.              37   56,202   $506.26       $6.43
190   Loin, tenderloin, 4-5 lbs.             128  122,253   $540.81     ($8.60)
190   Loin, tenderloin, 5-up lbs.             44   33,401   $557.51       $8.62
193   Flank, flank steak                      96   93,756   $301.52       $4.26
      Flank, rough                            56   70,068   $255.02     ($1.01)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              5   17,875   $280.03     ($4.85)
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                       8   11,342   $298.02       $8.99
--------------------------------------------------------------------------------
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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