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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 2/26/2018

LM_XB405
Des Moines, IA                 Mon, Feb 26, 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:               $171.63
Change from prior day:                $0.89
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $217.15        $121.26         $0.82
100% lean inside round                      $294.83          $6.84         $0.01
100% lean, flats and eyes                   $274.45          $6.37       ($0.10)
100% lean, S.P.B.                           $271.62         $13.58       ($0.27)
Chuck Tender                                $224.68          $2.25         
Knuckle                   4-7 lbs.          $234.92          $5.94       ($0.04)
Tenderloin                2-3 lbs.          $404.09          $2.14         $0.14
Tenderloin                3-4 lbs.          $448.26          $3.32         $0.08
Ribeye Roll               4-6 lbs.          $277.01          $2.91         $0.12
Ribeye Roll               6-8 lbs.          $281.10          $2.08         $0.01
Ribeye Roll               8up lbs.          $283.09          $2.07         
Flank Steak                                 $302.81          $1.27         $0.01
Kidney, Edible                               $17.25          $0.08         
Fat, inedible                                $15.41          $0.36       ($0.02)
Bone                                          $4.83          $1.16         $0.13
--------------------------------------------------------------------------------
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                 22.34  loads --              893,784  pounds
Cutter/Canner Cuts                  2.52  loads --              100,934  pounds
Boner/Breaker/Cutter/Canner        17.47  loads --              698,699  pounds
100% Lean Items                    14.70  loads --              587,918  pounds
Frozen Cuts                         1.40  loads --               55,974  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               6    7,690   $280.83       $2.25
112   Rib, ribeye roll, 8-10 lbs.             33   69,613   $286.99     ($0.72)
112   Rib, ribeye roll, 10-up lbs.           141  157,968   $297.67       $1.81
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      13   34,921   $341.21    ($17.33)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       5    9,225   $328.69
      Chuck, boneless 85%                               
120   Chuck, brisket                          29  214,287   $212.03     ($0.31)
168   Round, top inside, 10-dn lbs.            8   28,087   $224.21     ($0.24)
168   Round, top inside, 10-up lbs.           14   58,606   $222.79       $0.23
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     22  119,737   $281.07     ($0.28)
169A  Round, top inside c-off, 14-up lbs.               
171B  Round, outside round                     6    8,210   $280.16       
171C  Round, eye of round                     24   31,834   $253.91    ($13.21)
      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.            31   54,293   $264.61      $11.37
182   Loin, sirloin butt                                
184   Loin, top sirloin butt                  23   30,492   $251.90     ($0.63)
185A  Loin, bottom sirloin butt flap, bnls.   40   67,374   $306.87      $26.07
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              39   82,963   $281.10       $1.24
112   Rib, ribeye roll, 8-up lbs.              3    8,190   $283.09       
100% LEAN
      Inside round - Combo                     7   57,050   $292.94       $0.69
      Inside round - Boxed                    25   56,910   $296.73       $0.46
      Outside round                                     
      Eye of round                            14   16,185   $280.79     ($0.61)
      Flats and eyes - Combo                  20  165,883   $273.83     ($3.35)
      Flats and eyes - Boxed                            
      Striploin                               76  227,878   $288.21       $0.06
      S.P.B. - Combo                          13   64,012   $271.62     ($5.28)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     26   97,185   $224.68       $0.05
167A  Round, knuckle, peeled                  25   73,842   $234.92     ($1.49)
190   Loin, tenderloin, 2-3 lbs.              17   12,390   $404.09      $26.59
190   Loin, tenderloin, 3-4 lbs.              31   78,340   $448.26      $10.22
190   Loin, tenderloin, 4-5 lbs.             114  179,376   $489.89     ($0.42)
190   Loin, tenderloin, 5-up lbs.             46   44,804   $482.87       $5.52
193   Flank, flank steak                      94  103,334   $302.56       $2.49
      Flank, rough                            66  109,428   $248.87       $0.15
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              4    9,075   $275.06       
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.             4   17,836   $271.73     ($1.32)
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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