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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 2/16/2018

LM_XB405
Des Moines, IA                 Fri, Feb 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:               $171.83
Change from prior day:              ($0.48)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $217.30        $121.34       ($0.48)
100% lean inside round                      $289.96          $6.73         
100% lean, flats and eyes                   $277.77          $6.44         $0.01
100% lean, S.P.B.                           $278.00         $13.90         
Chuck Tender                                $223.77          $2.24         
Knuckle                   4-7 lbs.          $237.05          $6.00         
Tenderloin                2-3 lbs.          $458.44          $2.43         $0.06
Tenderloin                3-4 lbs.          $422.54          $3.13         
Ribeye Roll               4-6 lbs.          $258.00          $2.71       ($0.05)
Ribeye Roll               6-8 lbs.          $279.83          $2.07         
Ribeye Roll               8up lbs.          $282.13          $2.06       ($0.03)
Flank Steak                                 $305.95          $1.29         $0.01
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                 28.29  loads --            1,131,411  pounds
Cutter/Canner Cuts                  1.89  loads --               75,757  pounds
Boner/Breaker/Cutter/Canner        17.79  loads --              711,642  pounds
100% Lean Items                    17.43  loads --              697,018  pounds
Frozen Cuts                         1.89  loads --               75,653  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               8    2,758   $290.76     ($3.41)
112   Rib, ribeye roll, 8-10 lbs.             21   46,931   $291.23     ($3.64)
112   Rib, ribeye roll, 10-up lbs.           140  221,416   $288.19     ($2.63)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      17   59,468   $293.23       $1.10
112A  Rib, ribeye roll-lip-on, 8-up lbs.       4    7,150   $286.78       
      Chuck, boneless 85%
120   Chuck, brisket                          21   47,941   $215.40       $0.29
168   Round, top inside, 10-dn lbs.            6   16,398   $214.28       $0.29
168   Round, top inside, 10-up lbs.           10   50,647   $214.64     ($0.33)
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     31  337,360   $276.17     ($1.25)
169A  Round, top inside c-off, 14-up lbs.      6    5,449   $274.28       $0.25
171B  Round, outside round                     7   10,551   $278.29       $0.49
171C  Round, eye of round                     34   98,823   $265.15      $10.35
      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.            18   47,141   $254.11     ($0.35)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  21   40,203   $252.77     ($1.43)
185A  Loin, bottom sirloin butt flap, bnls.   40  113,146   $277.20     ($3.55)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              30   53,757   $279.83     ($0.41)
112   Rib, ribeye roll, 8-up lbs.              5   22,000   $282.13     ($4.00)
100% LEAN
      Inside round - Combo                     5   48,545   $289.61       $0.02
      Inside round - Boxed                    26   53,443   $290.28     ($0.13)
      Outside round                            5   84,481   $275.62       
      Eye of round                             9   31,975   $280.37     ($0.04)
      Flats and eyes - Combo                   5   36,344   $280.46       $2.07
      Flats and eyes - Boxed                            
      Striploin                               83  406,230   $289.66       $0.55
      S.P.B. - Combo                           4   36,000   $278.00       
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30   77,141   $223.77     ($0.09)
167A  Round, knuckle, peeled                  15   51,195   $237.05     ($0.26)
190   Loin, tenderloin, 2-3 lbs.              14   40,720   $458.44      $11.50
190   Loin, tenderloin, 3-4 lbs.              35  153,797   $422.54       $0.21
190   Loin, tenderloin, 4-5 lbs.             123  137,278   $490.89     ($3.37)
190   Loin, tenderloin, 5-up lbs.             45   67,531   $485.23     ($0.63)
193   Flank, flank steak                      91  105,446   $307.26       $3.01
      Flank, rough                            66   78,534   $257.45       $0.98
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              4   10,175   $283.62     ($0.52)
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.             3   11,960   $269.35       
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                       4    7,155   $286.70
--------------------------------------------------------------------------------
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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