Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

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4. Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon
5. 3/22/2018

Past Market Reports

Report Date: 3/22/2018

LM_XB405
Des Moines, IA                 Thu, Mar 22, 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:               $172.58
Change from prior day:              ($0.04)
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $218.12        $121.80         
100% lean inside round                      $303.52          $7.04         
100% lean, flats and eyes                   $276.08          $6.41         $0.01
100% lean, S.P.B.                           $268.73         $13.44         
Chuck Tender                                $228.20          $2.28         
Knuckle                   4-7 lbs.          $237.15          $6.00         $0.01
Tenderloin                2-3 lbs.          $407.33          $2.16         
Tenderloin                3-4 lbs.          $431.05          $3.19       ($0.13)
Ribeye Roll               4-6 lbs.          $276.00          $2.90         
Ribeye Roll               6-8 lbs.          $283.65          $2.10         
Ribeye Roll               8up lbs.          $286.34          $2.09         $0.01
Flank Steak                                 $313.04          $1.31         $0.06
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                 19.91  loads --              796,290  pounds
Cutter/Canner Cuts                  2.81  loads --              112,338  pounds
Boner/Breaker/Cutter/Canner        21.13  loads --              845,145  pounds
100% Lean Items                    22.43  loads --              897,177  pounds
Frozen Cuts                         2.76  loads --              110,496  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               4    5,790   $275.02
112   Rib, ribeye roll, 8-10 lbs.             33   38,147   $288.93     ($2.70)
112   Rib, ribeye roll, 10-up lbs.           138  116,660   $299.58       $0.08
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      10    9,171   $450.87       $2.78
112A  Rib, ribeye roll-lip-on, 8-up lbs.       6   32,865   $318.11       $1.38
      Chuck, boneless 85%                               
120   Chuck, brisket                          21   72,990   $222.52       $7.22
168   Round, top inside, 10-dn lbs.            4    6,631   $218.40       $0.97
168   Round, top inside, 10-up lbs.           14   53,616   $235.82       $1.35
169A  Round, top inside c-off, 8-10 lbs.
169A  Round, top inside c-off, 10-14 lbs.     20  158,192   $297.09     ($0.24)
169A  Round, top inside c-off, 14-up lbs.      3   24,714   $288.67       $2.38
171B  Round, outside round                     5    9,082   $278.77     ($1.50)
171C  Round, eye of round                     34   43,478   $255.79     ($0.59)
      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.            22   23,917   $260.59       $2.04
182   Loin, sirloin butt
184   Loin, top sirloin butt                  17   27,150   $264.53       $0.91
185A  Loin, bottom sirloin butt flap, bnls.   50  167,672   $301.08     ($4.02)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.                        
112   Rib, ribeye roll, 6-8 lbs.              35   99,063   $283.65       $0.13
112   Rib, ribeye roll, 8-up lbs.              5   13,275   $286.34
100% LEAN
      Inside round - Combo                    15  131,251   $302.52       
      Inside round - Boxed                    35   58,542   $305.75     ($1.60)
      Outside round                            4   43,243   $272.19       
      Eye of round                            25   50,857   $281.48       $0.41
      Flats and eyes - Combo                  20  230,426   $275.62       $0.08
      Flats and eyes - Boxed                            
      Striploin                               75  313,276   $297.46       $1.00
      S.P.B. - Combo                           8   69,582   $268.73       
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     39   91,973   $228.20     ($0.04)
167A  Round, knuckle, peeled                  39  234,760   $237.15       $0.43
190   Loin, tenderloin, 2-3 lbs.              21   31,884   $407.33       $0.26
190   Loin, tenderloin, 3-4 lbs.              30   67,105   $431.05    ($18.26)
190   Loin, tenderloin, 4-5 lbs.             121  192,219   $482.84     ($6.59)
190   Loin, tenderloin, 5-up lbs.             58   59,281   $492.85       $1.57
193   Flank, flank steak                     106   88,402   $316.71      $15.27
      Flank, rough                            54   79,521   $256.47       $0.70
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.
112   Rib, ribeye roll, 8-10 lbs.              9   91,471   $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.               5    5,194   $511.25
190   Loin, tenderloin, 5-up lbs.                       
193   Flank, flank steak                       7    9,502   $278.85       $5.03
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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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