Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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5. 2/21/2018

Past Market Reports

Report Date: 2/21/2018

LM_XB405
Des Moines, IA                 Wed, Feb 21, 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:               $171.37
Change from prior day:              ($1.79)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $216.86        $121.09       ($1.80)
100% lean inside round                      $292.49          $6.79         $0.05
100% lean, flats and eyes                   $280.34          $6.50         $0.01
100% lean, S.P.B.                           $275.53         $13.78       ($0.13)
Chuck Tender                                $224.69          $2.25         $0.01
Knuckle                   4-7 lbs.          $236.95          $5.99       ($0.01)
Tenderloin                2-3 lbs.          $369.97          $1.96       ($0.09)
Tenderloin                3-4 lbs.          $451.58          $3.34         $0.13
Ribeye Roll               4-6 lbs.          $265.63          $2.79         $0.04
Ribeye Roll               6-8 lbs.          $278.17          $2.06         
Ribeye Roll               8up lbs.          $280.88          $2.05         
Flank Steak                                 $304.38          $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                 27.01  loads --            1,080,436  pounds
Cutter/Canner Cuts                  3.31  loads --              132,454  pounds
Boner/Breaker/Cutter/Canner        16.77  loads --              670,744  pounds
100% Lean Items                    16.18  loads --              647,111  pounds
Frozen Cuts                         1.87  loads --               74,840  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               9    3,233   $289.36     ($0.32)
112   Rib, ribeye roll, 8-10 lbs.             29   94,390   $285.18     ($0.91)
112   Rib, ribeye roll, 10-up lbs.           142  237,676   $284.18     ($0.62)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      15   43,145   $358.85      $32.48
112A  Rib, ribeye roll-lip-on, 8-up lbs.       5    9,347   $334.87      $43.86
      Chuck, boneless 85%
120   Chuck, brisket                          19  120,870   $213.52       $0.97
168   Round, top inside, 10-dn lbs.            7   31,545   $222.67       $3.00
168   Round, top inside, 10-up lbs.           15   66,327   $217.07       $0.70
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     23  141,722   $280.41       $3.19
169A  Round, top inside c-off, 14-up lbs.
171B  Round, outside round                     5    7,651   $278.93       
171C  Round, eye of round                     26   94,612   $268.91       $0.94
      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   69,110   $255.49       $1.33
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  23   32,645   $250.19       $3.19
185A  Loin, bottom sirloin butt flap, bnls.   41  103,968   $282.12      $13.64
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              35  101,069   $278.17     ($0.25)
112   Rib, ribeye roll, 8-up lbs.              5   21,980   $280.88       
100% LEAN
      Inside round - Combo                     5   41,240   $292.29       $2.50
      Inside round - Boxed                    21   19,695   $292.92       $0.52
      Outside round
      Eye of round                            12   36,815   $282.10     ($1.74)
      Flats and eyes - Combo                   7   74,834   $281.45       $0.35
      Flats and eyes - Boxed                            
      Striploin                               83  339,647   $289.23     ($0.94)
      S.P.B. - Combo                          11   90,164   $275.53     ($2.69)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     30   85,552   $224.69       $0.33
167A  Round, knuckle, peeled                  15   57,512   $236.95     ($0.13)
190   Loin, tenderloin, 2-3 lbs.              14   12,710   $369.97    ($16.06)
190   Loin, tenderloin, 3-4 lbs.              29   71,387   $451.58      $17.52
190   Loin, tenderloin, 4-5 lbs.             118  158,358   $493.52     ($2.51)
190   Loin, tenderloin, 5-up lbs.             49   82,032   $479.07       $2.71
193   Flank, flank steak                      90   89,811   $305.79     ($1.34)
      Flank, rough                            60  113,382   $246.44     ($9.80)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              5    9,900   $276.14     ($8.59)
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.             5   27,820   $270.90       $1.25
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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