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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 2/15/2018

LM_XB405
Des Moines, IA                 Thu, Feb 15, 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:               $172.31
Change from prior day:                $1.98
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.15        $121.82         $2.07
100% lean inside round                      $290.05          $6.73         
100% lean, flats and eyes                   $277.14          $6.43         $0.01
100% lean, S.P.B.                           $278.00         $13.90       ($0.07)
Chuck Tender                                $223.86          $2.24         
Knuckle                   4-7 lbs.          $237.31          $6.00         $0.03
Tenderloin                2-3 lbs.          $446.94          $2.37         $0.01
Tenderloin                3-4 lbs.          $422.33          $3.13       ($0.01)
Ribeye Roll               4-6 lbs.          $262.93          $2.76         
Ribeye Roll               6-8 lbs.          $280.24          $2.07       ($0.01)
Ribeye Roll               8up lbs.          $286.13          $2.09       ($0.05)
Flank Steak                                 $303.72          $1.28         
Kidney, Edible                               $17.80          $0.08         
Fat, inedible                                $16.25          $0.38         
Bone                                          $4.31          $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                 26.47  loads --            1,058,817  pounds
Cutter/Canner Cuts                  1.80  loads --               71,910  pounds
Boner/Breaker/Cutter/Canner        17.66  loads --              706,271  pounds
100% Lean Items                    13.99  loads --              559,511  pounds
Frozen Cuts                         3.30  loads --              132,116  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               7    2,688   $294.17     ($0.27)
112   Rib, ribeye roll, 8-10 lbs.             22   40,678   $294.87       $0.34
112   Rib, ribeye roll, 10-up lbs.           143  211,516   $290.82    ($11.12)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      16   60,203   $292.13     ($3.04)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       4    7,150   $286.78
      Chuck, boneless 85%                               
120   Chuck, brisket                          23   52,795   $215.11       $0.12
168   Round, top inside, 10-dn lbs.            4   10,610   $213.99       
168   Round, top inside, 10-up lbs.           11   48,777   $214.97     ($8.12)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     33  364,619   $277.42       $0.26
169A  Round, top inside c-off, 14-up lbs.      8    5,930   $274.03       $0.02
171B  Round, outside round                     6    9,531   $277.80       $0.05
171C  Round, eye of round                     31   42,557   $254.80       $1.93
      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.            19   47,730   $254.46       $3.12
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  20   36,974   $254.20     ($3.95)
185A  Loin, bottom sirloin butt flap, bnls.   39  106,584   $280.75       $1.34
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              35   60,515   $280.24     ($0.45)
112   Rib, ribeye roll, 8-up lbs.              5   11,395   $286.13
100% LEAN
      Inside round - Combo                     4   46,517   $289.59       $0.02
      Inside round - Boxed                    28   58,150   $290.41       $0.10
      Outside round                            5   84,481   $275.62       $0.27
      Eye of round                             8   31,070   $280.41       $1.62
      Flats and eyes - Combo                   3   20,770   $278.39       $0.50
      Flats and eyes - Boxed                            
      Striploin                               82  282,523   $289.11       
      S.P.B. - Combo                           4   36,000   $278.00     ($1.43)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     35   93,056   $223.86     ($0.59)
167A  Round, knuckle, peeled                  16   55,931   $237.31       $1.34
190   Loin, tenderloin, 2-3 lbs.              16   44,557   $446.94       $1.53
190   Loin, tenderloin, 3-4 lbs.              32  148,943   $422.33     ($1.39)
190   Loin, tenderloin, 4-5 lbs.             125  128,809   $494.26       $3.08
190   Loin, tenderloin, 5-up lbs.             46   62,418   $485.86       $0.14
193   Flank, flank steak                      82   87,235   $304.25     ($3.14)
      Flank, rough                            69   85,322   $256.47     ($5.89)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              4   11,550   $284.14       $0.19
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.      3    6,091   $261.00       
180   Loin, strip, bnls, 7-9 lbs.                       
180   Loin, strip, bnls, 9-up lbs.             3   11,960   $269.35     ($3.65)
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
--------------------------------------------------------------------------------
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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