Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 2/19/2018

Past Market Reports

Report Date: 2/19/2018

LM_XB405
Des Moines, IA                 Mon, Feb 19, 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:               $173.01
Change from prior day:                $1.18
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $220.00        $122.85         $1.51
100% lean inside round                      $290.60          $6.74         $0.01
100% lean, flats and eyes                   $279.37          $6.48         $0.04
100% lean, S.P.B.                           $278.21         $13.91         $0.01
Chuck Tender                                $224.31          $2.24         
Knuckle                   4-7 lbs.          $236.89          $5.99       ($0.01)
Tenderloin                2-3 lbs.          $386.48          $2.05       ($0.38)
Tenderloin                3-4 lbs.          $425.95          $3.15         $0.02
Ribeye Roll               4-6 lbs.          $258.00          $2.71         
Ribeye Roll               6-8 lbs.          $279.07          $2.07         
Ribeye Roll               8up lbs.          $282.13          $2.06         
Flank Steak                                 $302.40          $1.27       ($0.02)
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                 28.36  loads --            1,134,256  pounds
Cutter/Canner Cuts                  2.96  loads --              118,461  pounds
Boner/Breaker/Cutter/Canner        16.86  loads --              674,564  pounds
100% Lean Items                    19.81  loads --              792,470  pounds
Frozen Cuts                         1.69  loads --               67,403  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.              10    3,038   $290.54     ($0.22)
112   Rib, ribeye roll, 8-10 lbs.             25   55,545   $291.83       $0.60
112   Rib, ribeye roll, 10-up lbs.           144  222,233   $285.34     ($2.85)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      19   68,820   $315.52      $22.29
112A  Rib, ribeye roll-lip-on, 8-up lbs.       4    5,872   $291.01       $4.23
      Chuck, boneless 85%
120   Chuck, brisket                          21   51,442   $211.54     ($3.86)
168   Round, top inside, 10-dn lbs.            6   16,398   $214.28       
168   Round, top inside, 10-up lbs.            9   43,755   $216.38       $1.74
169A  Round, top inside c-off, 8-10 lbs.       4   18,064   $276.00
169A  Round, top inside c-off, 10-14 lbs.     28  282,766   $277.31       $1.14
169A  Round, top inside c-off, 14-up lbs.      3    1,516   $276.00       $1.72
171B  Round, outside round                     6    9,651   $278.32       $0.03
171C  Round, eye of round                     29  102,210   $267.51       $2.36
      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.            24   56,850   $250.34     ($3.77)
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  18   35,301   $254.66       $1.89
185A  Loin, bottom sirloin butt flap, bnls.   41  144,730   $268.11     ($9.09)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              30   96,461   $279.07     ($0.76)
112   Rib, ribeye roll, 8-up lbs.              5   22,000   $282.13       
100% LEAN
      Inside round - Combo                     6   59,382   $289.79       $0.18
      Inside round - Boxed                    26   28,769   $292.27       $1.99
      Outside round                            4   63,842   $276.52       $0.90
      Eye of round                            10   34,818   $282.72       $2.35
      Flats and eyes - Combo                   6   48,907   $280.71       $0.25
      Flats and eyes - Boxed                            
      Striploin                               79  456,394   $289.66       
      S.P.B. - Combo                          10  100,358   $278.21       $0.21
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     32   86,090   $224.31       $0.54
167A  Round, knuckle, peeled                  13   50,728   $236.89     ($0.16)
190   Loin, tenderloin, 2-3 lbs.              16   15,190   $386.48    ($71.96)
190   Loin, tenderloin, 3-4 lbs.              34  142,723   $425.95       $3.41
190   Loin, tenderloin, 4-5 lbs.             114  120,293   $505.51      $14.62
190   Loin, tenderloin, 5-up lbs.             45   97,679   $481.10     ($4.13)
193   Flank, flank steak                      79   87,131   $303.69     ($3.57)
      Flank, rough                            60   74,730   $256.62     ($0.83)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.
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
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