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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 3/21/2018

LM_XB405
Des Moines, IA                 Wed, Mar 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:               $172.62
Change from prior day:              ($0.46)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.12        $121.80       ($0.23)
100% lean inside round                      $303.59          $7.04         
100% lean, flats and eyes                   $275.95          $6.40         
100% lean, S.P.B.                           $268.73         $13.44       ($0.15)
Chuck Tender                                $228.24          $2.28         
Knuckle                   4-7 lbs.          $236.72          $5.99       ($0.01)
Tenderloin                2-3 lbs.          $407.07          $2.16         $0.03
Tenderloin                3-4 lbs.          $449.31          $3.32       ($0.08)
Ribeye Roll               4-6 lbs.          $276.00          $2.90         
Ribeye Roll               6-8 lbs.          $283.52          $2.10         
Ribeye Roll               8up lbs.          $285.00          $2.08       ($0.01)
Flank Steak                                 $296.44          $1.25       ($0.01)
Kidney, Edible                               $19.72          $0.09         
Fat, inedible                                $15.91          $0.37         
Bone                                          $5.82          $1.40         
--------------------------------------------------------------------------------
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                 21.03  loads --              841,026  pounds
Cutter/Canner Cuts                  2.61  loads --              104,574  pounds
Boner/Breaker/Cutter/Canner        22.22  loads --              888,951  pounds
100% Lean Items                    22.57  loads --              902,630  pounds
Frozen Cuts                         3.86  loads --              154,320  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.             28   41,890   $291.63     ($0.49)
112   Rib, ribeye roll, 10-up lbs.           143  126,737   $299.50     ($2.51)
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      11   11,662   $448.09       $0.73
112A  Rib, ribeye roll-lip-on, 8-up lbs.       6   32,454   $316.73       $4.31
      Chuck, boneless 85%                               
120   Chuck, brisket                          24  113,424   $215.30       $2.86
168   Round, top inside, 10-dn lbs.            4    9,911   $217.43       $0.12
168   Round, top inside, 10-up lbs.           17   55,059   $234.47       $0.05
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     20  158,951   $297.33     ($3.82)
169A  Round, top inside c-off, 14-up lbs.      4   35,832   $286.29       
171B  Round, outside round                     5   10,917   $280.27       $0.25
171C  Round, eye of round                     32   38,177   $256.38       $1.14
      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.            17   15,261   $258.55       $8.43
182   Loin, sirloin butt
184   Loin, top sirloin butt                  18   25,831   $263.62       $3.61
185A  Loin, bottom sirloin butt flap, bnls.   52  153,685   $305.10     ($2.40)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              45  101,919   $283.52     ($0.05)
112   Rib, ribeye roll, 8-up lbs.
100% LEAN
      Inside round - Combo                    14  131,152   $302.52     ($0.02)
      Inside round - Boxed                    34   37,158   $307.35       $1.81
      Outside round                            4   43,243   $272.19       
      Eye of round                            23   50,458   $281.07       $1.14
      Flats and eyes - Combo                  21  236,377   $275.54     ($0.51)
      Flats and eyes - Boxed                            
      Striploin                               78  334,660   $296.46       $2.90
      S.P.B. - Combo                           8   69,582   $268.73     ($3.05)
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     34   85,813   $228.24       $0.04
167A  Round, knuckle, peeled                  40  282,889   $236.72     ($0.41)
190   Loin, tenderloin, 2-3 lbs.              22   32,017   $407.07       $5.51
190   Loin, tenderloin, 3-4 lbs.              30   95,512   $449.31     ($9.58)
190   Loin, tenderloin, 4-5 lbs.             123  158,861   $489.43     ($2.58)
190   Loin, tenderloin, 5-up lbs.             56   56,482   $491.28    ($42.70)
193   Flank, flank steak                     106   92,948   $301.44     ($1.00)
      Flank, rough                            60   84,429   $255.77       $0.01
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              8   92,021   $274.12       
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.
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                       6   20,545   $273.82     ($0.98)
--------------------------------------------------------------------------------
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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