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Cutter Cow Cutout & Boxed Cow Cuts-Negotiated - Afternoon

Past Market Reports

Report Date: 4/11/2018

LM_XB405
Des Moines, IA                 Wed, Apr 11, 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:               $174.32
Change from prior day:                $0.69
--------------------------------------------------------------------------------
Item                                          Price          Value        Change
90% lean                                    $219.14        $122.37       ($0.07)
100% lean inside round                      $306.47          $7.11         $0.02
100% lean, flats and eyes                   $277.95          $6.45         
100% lean, S.P.B.                           $285.00         $14.25         $0.80
Chuck Tender                                $222.45          $2.22         $0.01
Knuckle                   4-7 lbs.          $236.18          $5.98         $0.02
Tenderloin                2-3 lbs.          $397.23          $2.11         
Tenderloin                3-4 lbs.          $475.37          $3.52       ($0.04)
Ribeye Roll               4-6 lbs.          $282.44          $2.97         
Ribeye Roll               6-8 lbs.          $281.43          $2.08       ($0.02)
Ribeye Roll               8up lbs.          $287.81          $2.10         
Flank Steak                                 $301.68          $1.27       ($0.03)
Kidney, Edible                               $18.82          $0.09         
Fat, inedible                                $15.24          $0.35         
Bone                                          $6.06          $1.45         
--------------------------------------------------------------------------------
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                 27.96  loads --            1,118,249  pounds
Cutter/Canner Cuts                  2.40  loads --               95,865  pounds
Boner/Breaker/Cutter/Canner        23.24  loads --              929,594  pounds
100% Lean Items                    15.04  loads --              601,672  pounds
Frozen Cuts                         1.55  loads --               61,934  pounds
--------------------------------------------------------------------------------
IMPS      Sub-Primal                       # of    Total   Weighted  Change from
                                          Trades   Pounds  Average   Prior Day
--------------------------------------------------------------------------------
BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.               3    6,970   $268.99
112   Rib, ribeye roll, 8-10 lbs.             37   79,635   $289.86     ($3.35)
112   Rib, ribeye roll, 10-up lbs.           153  129,171   $308.10       $1.77
112A  Rib, ribeye roll-lip-on, 8-dn lbs.      14   23,747   $433.11     ($8.22)
112A  Rib, ribeye roll-lip-on, 8-up lbs.       8   13,616   $293.35    ($16.59)
      Chuck, boneless 85%                               
120   Chuck, brisket                          26  134,642   $211.49       $0.07
168   Round, top inside, 10-dn lbs.
168   Round, top inside, 10-up lbs.           20   80,478   $227.49     ($6.44)
169A  Round, top inside c-off, 8-10 lbs.                
169A  Round, top inside c-off, 10-14 lbs.     37  385,648   $296.47     ($0.32)
169A  Round, top inside c-off, 14-up lbs.      6   31,248   $290.66       $0.25
171B  Round, outside round                     5    6,642   $280.39     ($0.05)
171C  Round, eye of round                     39   45,145   $266.96       $0.82
      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.            36   50,135   $259.77     ($0.54)
182   Loin, sirloin butt
184   Loin, top sirloin butt                  12   30,485   $256.75     ($1.46)
185A  Loin, bottom sirloin butt flap, bnls.   42   98,243   $316.66    ($10.88)
191A  Loin, butt tender, peeled                         
CUTTER/CANNER
112   Rib, ribeye roll, 4-6 lbs.
112   Rib, ribeye roll, 6-8 lbs.              39   78,598   $281.43     ($2.23)
112   Rib, ribeye roll, 8-up lbs.              6   16,340   $287.81       
100% LEAN
      Inside round - Combo                    13   97,348   $305.18       $0.62
      Inside round - Boxed                    26   36,114   $309.95       $2.10
      Outside round                            5   47,946   $276.38       
      Eye of round                            20   49,638   $279.11     ($1.08)
      Flats and eyes - Combo                  15  127,225   $278.08       $0.41
      Flats and eyes - Boxed                            
      Striploin                               87  235,401   $305.78       $2.84
      S.P.B. - Combo
      S.P.B. - Boxed                                    
BONER/BREAKER & CUTTER/CANNER
116B  Chuck, chuck tender                     28   64,849   $222.45       $1.40
167A  Round, knuckle, peeled                  47  294,411   $236.18       $0.76
190   Loin, tenderloin, 2-3 lbs.              23   62,184   $397.23     ($0.20)
190   Loin, tenderloin, 3-4 lbs.              44   60,202   $475.37     ($5.66)
190   Loin, tenderloin, 4-5 lbs.             117  205,911   $507.03       $1.59
190   Loin, tenderloin, 5-up lbs.             52   43,603   $483.23     ($7.60)
193   Flank, flank steak                     106   91,670   $308.98     ($1.66)
      Flank, rough                            74  106,764   $249.22     ($2.75)
FROZEN BONER/BREAKER
112   Rib, ribeye roll, 6-8 lbs.                        
112   Rib, ribeye roll, 8-10 lbs.              5   25,105   $272.69       $0.53
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   12,480   $324.81       $0.99
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                       5   15,142   $257.53    ($33.33)
--------------------------------------------------------------------------------
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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